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Pinnacle Financial Partners (PNFP) FY2023 results: revenue $2.2 billion

Pinnacle Financial Partners, Inc. (PNFP) reported revenue of $2.2 billion for fiscal 2023, the year ended 31 December 2023. Net income was $544 million, and diluted earnings per share $7.14. The figures are the company's own, from the 10-K it filed with the SEC on 2 March 2026.

Revenue
$2.2 billion
FY2023FY2023
Operating margin
n/a
FY2023FY2023
Net income
$544 million
FY2023FY2023
Diluted EPS
$7.14
FY2023FY2023

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2023Last 8 years
Revenue2,221
Pre-tax income696
Income tax154
Effective tax rate22.1%
Net income544
Net margin24.5%
Diluted EPS$7.14
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2023Last 8 years
Operating cash flow1,283
Capital expenditure32.2
Free cash flow1,250
Cash from investing324
Cash from financing-1,133
Depreciation and amortisation38.2
Share-based compensation32.2
Buybacks0.0
Dividends paid216
Dividend per share$1.52
Diluted shares, weighted77m

Balance sheet

$ millionFY2023Last 8 years
Shareholders' equity6,036
Goodwill480
Cash and equivalents2,451

10-K for the year ended 31 December 2023, filed 2 March 2026: the filing.