For the year ending 2025-12-31, PNFP had $129,157K increase in cash & cash equivalents over the period. $679,082K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 641,865 |
| Net amortization/accretion of premium/discount on securities | -41,552 |
| Depreciation, amortization and accretion | 114,414 |
| Provision for credit losses | 107,245 |
| Gains on mortgage loans sold, net | 7,647 |
| Investment losses on sales, net | -16,611 |
| Gain on other equity investments, net | 11,444 |
| Stock-based compensation expense | 43,626 |
| Deferred tax expense (benefit) | -75,430 |
| Losses on disposition of other real estate and other investments | -445 |
| Gain on sale of fixed assets | 554 |
| Income from equity method investment | 118,343 |
| Dividends received from equity method investment | 163,104 |
| Excess tax benefit from stock compensation | -3,839 |
| Gains on commercial loans sold, net | 1,195 |
| Payments for origination and purchases of loans held-for-sale-Commercial Loan | 195,566 |
| Proceeds from sale of loans held-for-sale-Commercial Loan | 210,814 |
| Payments for origination and purchases of loans held-for-sale-Consumer Loan | 3,082,131 |
| Proceeds from sale of loans held-for-sale-Consumer Loan | 3,173,693 |
| (increase) decrease in other assets | 111,216 |
| Increase (decrease) in other liabilities | -146,996 |
| Net cash provided by operating activities | 759,008 |
| Payments to acquire debt securities, available-for-sale | 2,275,130 |
| Proceeds from sale of debt securities, available-for-sale | 271,425 |
| Proceeds from maturities, prepayments and calls of debt securities, available-for-sale | 1,103,746 |
| Payments to acquire held-to-maturity securities | 0 |
| Proceeds from maturities, prepayments and calls of held-to-maturity securities | 179,536 |
| Net decrease (increase) in securities purchased under agreements to resell | -29,946 |
| Increase in loans, net | 3,778,886 |
| Payments to acquire loans held-for-investment | 0 |
| Proceeds from sale, loan and lease, held-for-investment | 9,131 |
| Purchases of premises and equipment and software | 79,926 |
| Purchase of bank owned life insurance | 150,000 |
| Proceeds from bank owned life insurance settlement | 4,688 |
| Proceeds from life insurance policy | 0 |
| Proceeds from sales of software, premises, and equipment | 8,355 |
| Proceeds from sale of other real estate | 4,237 |
| Purchase of derivative instruments | 76,812 |
| Payments for (proceeds from) federal home loan bank stock | -11,300 |
| Purchase of other intangible assets | 13,900 |
| Increase in other investments | 222,094 |
| Net cash used in investing activities | -5,034,276 |
| Net increase in deposits | 4,553,551 |
| Net increase in securities sold under agreements to repurchase | 86,203 |
| Federal home loan bank advances | 0 |
| Federal home loan bank repayments/maturities | 116,356 |
| Principal payments of finance lease obligation | 337 |
| Issuance of common stock pursuant to performance-based vesting (psus) and time-based vesting (rsus) restricted stock units, net of shares withheld for taxes and related tax benefit | -21,101 |
| Proceeds from stock options exercised, net of repurchase of restricted shares | -7,681 |
| Common dividends paid | 74,662 |
| Preferred stock dividends paid | 15,192 |
| Net cash provided byfinancing activities | 4,404,425 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), including exchange rate effect | 129,157 |
| Cash, cash equivalents and restricted cash, beginning of year | 3,435,925 |
| Cash, cash equivalents and restricted cash, end of year | 3,565,082 |
Pinnacle Financial Partners, Inc. (PNFP)
Pinnacle Financial Partners, Inc. (PNFP)