NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Pinnacle Financial Partners Inc. (PNFP) on Tuesday reported fourth-quarter net income of $151.3 million.
The Nashville, Tennessee-based bank said it had earnings of $1.91 per share. Earnings, adjusted for non-recurring gains, came to $1.90 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.
The regional bank operator posted revenue of $795.9 million in the period. Its revenue net of interest expense was $475.3 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $463.5 million.
For the year, the company reported profit of $475.1 million, or $5.96 per share. Revenue was reported as $1.74 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PNFP at https://www.zacks.com/ap/PNFP
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