Pinnacle Financial Partners (FRA:PFZ) Scaled Net Operating Assets : 0.03 (As of Mar. 2024)

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What is Pinnacle Financial Partners Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle Financial Partners's operating assets for the quarter that ended in Mar. 2024 was €38,518 Mil. Pinnacle Financial Partners's operating liabilities for the quarter that ended in Mar. 2024 was €37,029 Mil. Pinnacle Financial Partners's Total Assets for the quarter that ended in Dec. 2023 was €43,979 Mil. Therefore, Pinnacle Financial Partners's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.03.

Pinnacle Financial Partners Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle Financial Partners's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(42013.646	-	36094.026)	/	39619.7
=	0.15

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	43979.213	-	1965.567
=	42013.646

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	38444.395	-	2350.369	-	0
=	36094.026

Pinnacle Financial Partners's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(38518.009	-	37028.867)	/	43979.213
=	0.03

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	44982.66	-	6464.651
=	38518.009

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39367.117	-	2338.25	-	0
=	37028.867

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pinnacle Financial Partners (FRA:PFZ) Business Description

Industry

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Traded in Other Exchanges

PNFPP.PFD:USA PNFP:USA

Address

150 Third Avenue South, Suite 900, Nashville, TN, USA, 37201

Website

https://www.pnfp.com

Pinnacle Financial Partners Inc is a financial holding company. The company operates through its wholly-owned subsidiary, Pinnacle Bank. The bank provides a full range of lending products, including commercial, real estate, and consumer loans to individuals and small to medium-sized businesses. Pinnacle operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis, and Chattanooga, Tennessee, as well as surrounding counties. Its strategy relies heavily on mergers and acquisitions. A majority of its loan portfolio is in commercial loans, primarily real estate, as well as industrial loans. The bank generates a majority of its net revenue through net interest income.