PNFP

The past six months were significantly impacted by Pinnacle Financial Partners' merger with Synovus Financial Corp., completed on January 1, 2026, which effectively doubled Pinnacle's asset base. Following the merger, shares of the new Pinnacle began trading on the New York Stock Exchange under the ticker "PNFP" on January 2, 2026. The Q1 2026 results reflected the impact of this merger, with net income rising but diluted earnings per share declining due to the increased share count and merger-related costs. Analysts generally maintain a "Moderate Buy" consensus rating for PNFP, with an average price target of $114.25. In February 2026, the CFO's open-market share purchase signaled insider confidence, and Pinnacle announced the hiring of 50 revenue-producing team members in Q1 2026.