Pinnacle Announces Agreement to Acquire BNC Bancorp
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) and BNC Bancorp jointly announced the signing of a definitive agreement pursuant to which BNC will merge with and into Pinnacle in an all-stock transaction. Pinnacle and BNC will host a joint webcast at 9 a.m. CST/10 a.m. EST on Monday, Jan. 23 to discuss the financial and other aspects of the business combination.
Fourth Quarter 2016 Results
Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) released its fourth quarter financial results on Tuesday, Jan. 17, 2017. The firm hosted a live webcast at 8:30 a.m. CST on Wednesday, Jan. 18 to review our financial results, business outlook for the firm and other matters.
2015 Annual Report
Pinnacle's 2015 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 provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The American Banker recognized Pinnacle as the sixth best bank to work for in the country in 2016.
The firm began operations in a single downtown Nashville location in October 2000 and has since grown to approximately $11.2
billion in assets at December 31, 2016. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in the state’s four largest markets, Nashville, Memphis, Knoxville and Chattanooga, as well as several surrounding counties. Additional information concerning Pinnacle, which is included in the NASDAQ Financial-100 Index, can be accessed at www.pnfp.com.
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, 97 percent rank us “recognizably better”
than our competitors.