Pinnacle Announces Expansion to Memphis
On April 28, Pinnacle announced our intent to merge with Magna Bank, a successful bank headquartered in Memphis, TN. We also announced that eight veteran First Tennessee bankers joined Pinnacle to accelerate the firm's entry to the Memphis market. We will host a conference call on Wednesday, April 29 at 8:30 a.m. CDT to discuss the announcements.
First Quarter 2015 Results
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) released its first quarter financial results on Monday, April 20, 2015. The firm will hosted a live webcast on Tuesday, April 21 to review our financial results, business outlook for the firm and other matters.
Pinnacle Announces Agreement to Acquire CapitalMark Bank & Trust
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) and CapitalMark Bank & Trust jointly announced the signing of a definitive agreement for Pinnacle to acquire CapitalMark via merger.
2014 Annual Report
Pinnacle's 2014 Annual Report is now available online. The interactive website showcases the multiple ways the firm exceeds the expectations of associates, clients and shareholders. Copies of the full print report, 10-K and proxy are also available for download.
Pinnacle Financial Partners is a full-service financial services firm
with more than $6 billion in assets. Headquartered in Nashville, Tenn., Pinnacle
was founded in 2000. In 2007, Pinnacle launched a de novo expansion into Knoxville,
another high-growth Tennessee market. Today Pinnacle is the second-largest bank
holding company headquartered in Tennessee, with 29 offices in Middle Tennessee
and five in Knoxville.
Additionally, Great Place to Work® named Pinnacle one of the best workplaces
in the United States on its 2014 Best Small & Medium Workplaces list published in
FORTUNE magazine. The American Banker also recognized Pinnacle as the second best bank
to work for in the country. Pinnacle received Greenwich Excellence Awards for the past five years for overall satisfaction in middle market and small business
Three overarching business strategies have guided Pinnacle since its inception:
Focus primarily on businesses, their owners and employees, as well as consumers
who desire more from their banking relationship than just the best price.
When we started the firm, we set out to be “more than a bank.” To accomplish
this, we had to be able to meet all the financial needs of a client – whether
at home or at work or when managing their assets. Pinnacle clients experience
the depth of products and services found in large national institutions while
also having the strong personal relationship with their financial advisor found
in community banks.
Hire and retain highly experienced and qualified financial services professionals.
We believe we take care of our clients better than anyone else in the market,
primarily because we attract and keep the most talented and experienced financial
professionals. We recruit and retain people with significant expertise, large
client followings and a strong likelihood of thriving in the client-centered
Pinnacle culture. These attributes give our clients confidence they will have
continuity and long-term relationships with their partners at Pinnacle.
Provide distinctive service, effective advice and extraordinary convenience
in exchange for premium pricing. Every Pinnacle associate focuses every
day on what it takes to deliver this brand promise. Our ultimate goal is to
“wow” every client. This means going beyond what is expected, such as good service,
and doing things that are always memorable. Our standard for wowing clients
is to provide the unexpected answers and anticipate their unspoken needs. In
our annual client survey, more than 98 percent rank us “recognizably better”
than our competitors.