Recent Updates — PNFP

Pinnacle Financial Partners reported third-quarter 2026 results with net income available to common shareholders of $364 million, or $2.40 per diluted share, compared to $2.19 in the prior year period. Adjusted diluted earnings per share were $2.69. The company's total assets reached $130.7 billion following its January 2026 merger with Synovus Financial Corp. Period-end loans grew 2% to $89.8 billion and deposits increased 2% to $103 billion. Net interest income rose 3% year-over-year to $986 million, while the net interest margin declined 4 basis points to 3.40%. The preliminary Common Equity Tier 1 ratio stood at 10.01%. Pinnacle Financial Partners operates as a regional bank providing banking, investment, trust, mortgage and insurance products.

Pinnacle Financial Partners amended its agreement with Harold R. Carpenter to extend his non-compete and customer solicitation restrictions through March 31, 2027. In exchange for these covenants and cooperation duties directed by Robert A. McCabe, the company accelerated a $1,000,000 installment payment to October 1, 2026, and agreed to pay an additional $500,000 cash amount on March 31, 2027. These payments are subject to forfeiture if Carpenter breaches the non-compete terms. Pinnacle Financial Partners operates in the banking industry as a financial holding company providing commercial and retail banking services.

Pinnacle Financial Partners, Inc. announced a Second Amendment to the letter agreement with Robert A. McCabe, Jr., extending his service as Chief Banking Officer and Vice Chair of the Board from December 31, 2026, to December 31, 2027. The amendment also establishes an annual consulting fee of $1,150,000 for Mr. McCabe during the two-year period following his executive tenure. Concurrently, the board approved a bylaw amendment effective July 29, 2026, to align governance provisions with this extended term. Pinnacle Financial Partners operates in the banking and financial services industry.

Pinnacle Financial Partners, Inc. announced that it will participate in a fireside chat at the Morgan Stanley US Financials Conference on June 9, 2026. The company is furnishing the presentation materials for the discussion as Exhibit 99.1.