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Pinnacle Financial beats earnings forecast, driven by deposit growth and merger progress.
Pinnacle Financial Partners reported third-quarter 2025 adjusted earnings of $2.27 per share, surpassing the $2.05 forecast, on revenue of $869.2 million, exceeding expectations.
The Nashville-based bank attributed strong results to growth in earning assets, core deposit expansion, and a successful hiring strategy.
The merger with Synovus advanced, with the SEC approving the Form S-4 filing.
Management expects stable or slightly improving net interest margins and continued deposit growth, supported by new hires and market share gains.
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Pinnacle Financial supera el pronóstico de ganancias impulsado por el crecimiento de los depósitos y el progreso de las fusiones.