92.75 USD
+2.59 (+2.87%)
93.6 USD
+0.85 (+0.92%)
We assign a fundamental rating of 5 out of 10 to PNFP. PNFP was compared to 387 industry peers in the Banks industry. PNFP has a medium profitability rating, but doesn't score so well on its financial health evaluation. PNFP is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
In the past year PNFP was profitable.
PNFP had a positive operating cash flow in the past year.
PNFP had positive earnings in each of the past 5 years.
In the past 5 years PNFP always reported a positive cash flow from operatings.
1.2 Ratios
PNFP has a better Return On Assets (1.09%) than 70.28% of its industry peers.
Looking at the Return On Equity, with a value of 8.87%, PNFP is in line with its industry, outperforming 51.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.09% | ||
| ROE | 8.87% | ||
| ROIC | N/A |
ROA(3y)1.1%
ROA(5y)1.1%
ROE(3y)8.7%
ROE(5y)8.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of PNFP (30.59%) is better than 81.14% of its industry peers.
PNFP's Profit Margin has declined in the last couple of years.
PNFP does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.59% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.78%
PM growth 5Y-7.42%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PNFP does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PNFP has more shares outstanding
The number of shares outstanding for PNFP has been increased compared to 5 years ago.
Compared to 1 year ago, PNFP has an improved debt to assets ratio.
2.2 Solvency
PNFP has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 0.72, PNFP is doing good in the industry, outperforming 76.23% of the companies in the same industry.
PNFP has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.11, PNFP is doing good in the industry, outperforming 65.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC17.28%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PNFP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.08%, which is quite impressive.
Measured over the past 5 years, PNFP shows a small growth in Earnings Per Share. The EPS has been growing by 2.00% on average per year.
The Revenue has grown by 19.92% in the past year. This is quite good.
Measured over the past years, PNFP shows a quite strong growth in Revenue. The Revenue has been growing by 11.02% on average per year.
EPS 1Y (TTM)41.08%
EPS 3Y-4.22%
EPS 5Y2%
EPS Q2Q%22.04%
Revenue 1Y (TTM)19.92%
Revenue growth 3Y9.35%
Revenue growth 5Y11.02%
Sales Q2Q%16.72%
3.2 Future
PNFP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.20% yearly.
Based on estimates for the next years, PNFP will show a very strong growth in Revenue. The Revenue will grow by 43.26% on average per year.
EPS Next Y42.58%
EPS Next 2Y28.8%
EPS Next 3Y24.2%
EPS Next 5YN/A
Revenue Next Year16.56%
Revenue Next 2Y59.93%
Revenue Next 3Y43.26%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
PNFP is valuated reasonably with a Price/Earnings ratio of 11.49.
The rest of the industry has a similar Price/Earnings ratio as PNFP.
Compared to an average S&P500 Price/Earnings ratio of 25.98, PNFP is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.41, the valuation of PNFP can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PNFP indicates a somewhat cheap valuation: PNFP is cheaper than 63.31% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. PNFP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 9.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PNFP indicates a rather cheap valuation: PNFP is cheaper than 85.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.86 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PNFP's earnings are expected to grow with 24.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)5.75
EPS Next 2Y28.8%
EPS Next 3Y24.2%
5. Dividend
5.1 Amount
PNFP has a Yearly Dividend Yield of 1.10%.
With a Dividend Yield of 1.10, PNFP pays less dividend than the industry average, which is at 3.33. 81.14% of the companies listed in the same industry pay a better dividend than PNFP!
Compared to an average S&P500 Dividend Yield of 2.41, PNFP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
5.2 History
On average, the dividend of PNFP grows each year by 11.22%, which is quite nice.
PNFP has paid a dividend for at least 10 years, which is a reliable track record.
PNFP has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.22%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
PNFP pays out 14.64% of its income as dividend. This is a sustainable payout ratio.
The dividend of PNFP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.64%
EPS Next 2Y28.8%
EPS Next 3Y24.2%
92.75
+2.59 (+2.87%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.38%
Inst Owner Change0.41%
Ins Owners1.72%
Ins Owner Change1.67%
Market Cap7.20B
Revenue(TTM)1.99B
Net Income(TTM)608.15M
Analysts75
Price Target108.97 (17.49%)
Short Float %5.22%
Short Ratio3.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend1.09
Dividend Growth(5Y)11.22%
DP14.64%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.98%
Min EPS beat(2)3.26%
Max EPS beat(2)8.71%
EPS beat(4)4
Avg EPS beat(4)5.1%
Min EPS beat(4)3.26%
Max EPS beat(4)8.71%
EPS beat(8)6
Avg EPS beat(8)-4.61%
EPS beat(12)8
Avg EPS beat(12)-3.94%
EPS beat(16)11
Avg EPS beat(16)-1.87%
Revenue beat(2)1
Avg Revenue beat(2)0.3%
Min Revenue beat(2)-0.88%
Max Revenue beat(2)1.49%
Revenue beat(4)1
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)1.49%
Revenue beat(8)1
Avg Revenue beat(8)-4.35%
Revenue beat(12)1
Avg Revenue beat(12)-4.74%
Revenue beat(16)3
Avg Revenue beat(16)-3.54%
PT rev (1m)-4.19%
PT rev (3m)-8.4%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)5.42%
EPS NY rev (1m)0.83%
EPS NY rev (3m)6.96%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)1.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 9.41 | ||
| P/S | 3.62 | ||
| P/FCF | 6.86 | ||
| P/OCF | 6.29 | ||
| P/B | 1.05 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.07
EY8.7%
EPS(NY)9.85
Fwd EY10.62%
FCF(TTM)13.52
FCFY14.57%
OCF(TTM)14.74
OCFY15.89%
SpS25.62
BVpS88.38
TBVpS64.31
PEG (NY)0.27
PEG (5Y)5.75
Graham Number126.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.09% | ||
| ROE | 8.87% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.59% | ||
| GM | N/A | ||
| FCFM | 52.74% |
ROA(3y)1.1%
ROA(5y)1.1%
ROE(3y)8.7%
ROE(5y)8.39%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-11.78%
PM growth 5Y-7.42%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.72 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 86.58% | ||
| Cap/Sales | 4.77% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 172.41% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC17.28%
ROIC/WACCN/A
Cap/Depr(3y)100.35%
Cap/Depr(5y)86.53%
Cap/Sales(3y)4.79%
Cap/Sales(5y)3.92%
Profit Quality(3y)115.93%
Profit Quality(5y)119.73%
High Growth Momentum
Growth
EPS 1Y (TTM)41.08%
EPS 3Y-4.22%
EPS 5Y2%
EPS Q2Q%22.04%
EPS Next Y42.58%
EPS Next 2Y28.8%
EPS Next 3Y24.2%
EPS Next 5YN/A
Revenue 1Y (TTM)19.92%
Revenue growth 3Y9.35%
Revenue growth 5Y11.02%
Sales Q2Q%16.72%
Revenue Next Year16.56%
Revenue Next 2Y59.93%
Revenue Next 3Y43.26%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y163.91%
FCF growth 3Y8.38%
FCF growth 5Y15.7%
OCF growth 1Y140.18%
OCF growth 3Y11.21%
OCF growth 5Y15.95%
PINNACLE FINANCIAL PARTNERS / PNFP FAQ
Can you provide the ChartMill fundamental rating for PINNACLE FINANCIAL PARTNERS?
ChartMill assigns a fundamental rating of 5 / 10 to PNFP.
What is the valuation status for PNFP stock?
ChartMill assigns a valuation rating of 7 / 10 to PINNACLE FINANCIAL PARTNERS (PNFP). This can be considered as Undervalued.
How profitable is PINNACLE FINANCIAL PARTNERS (PNFP) stock?
PINNACLE FINANCIAL PARTNERS (PNFP) has a profitability rating of 4 / 10.
Can you provide the financial health for PNFP stock?
The financial health rating of PINNACLE FINANCIAL PARTNERS (PNFP) is 3 / 10.
Can you provide the dividend sustainability for PNFP stock?
The dividend rating of PINNACLE FINANCIAL PARTNERS (PNFP) is 6 / 10 and the dividend payout ratio is 14.64%.