Pinnacle Financial Partners (PNFP) Tops Q2 EPS by 19c

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PNFP Reports Diluted EPS of $1.86, ROAA of 1.46% and ROATCE of 17.62% For 2Q2022

July 19, 2022 4:45 PM EDT

Annualized linked-quarter loan growth of 29.9% for 2Q2022, 31.9% exclusive of PPP paydowns

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.86 for the quarter ended June 30, 2022, compared to net income per diluted common share of $1.69 for the quarter ended June 30, 2021, an increase of approximately 10.1 percent. Net income per diluted common share was $3.51 for the six months ended June 30, 2022, compared to $3.30 for the six months ended June 30, 2021, an increase of approximately 6.4 percent.

Paycheck Protection Program (PPP) net interest income... More