First Quarter 2014 Earnings
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) released its first quarter financial results on Monday, April 14, 2014. We will host a live webcast on Tuesday, April 15, at 8:30 a.m. CDT to review our financial results, business outlook for the firm and other matters.
Pinnacle Financial Partners is a full-service financial services firm with more than $5 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 four in Knoxville.
Additionally, Great Place to Work® named Pinnacle one of the best workplaces in the United States on its 2013 Best Small & Medium Workplaces list published in FORTUNE magazine. The American Banker also recognized Pinnacle as the best bank to work for in the country. Pinnacle received Greenwich Excellence Awards in 2010, 2011, 2012 and 2013 for overall satisfaction in middle market and small business banking.
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.