Pinnacle Financial Partners Remains a Top 5 Best Bank to Work For in the Nation

Rhea-AI Summary

Pinnacle Financial Partners (PNFP) has secured the No. 5 position on American Banker magazine's Best Banks to Work For list, maintaining its top-five status nationally. The bank ranks No. 1 among institutions with assets over $10 billion, with $49.2 billion in assets at the time of ranking. This marks Pinnacle's 12th consecutive year on the list since its inception in 2013. The ranking process involves evaluating workplace practices and policies, followed by employee surveys assessing workplace experiences. Notably, Pinnacle is also ranked No. 11 on FORTUNE's 2024 list of 100 Best Companies to Work For® and holds the top position in the Nashville-Murfreesboro-Franklin MSA.

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Pinnacle Financial Partners (Nasdaq/NGS: PNFP) continues to be one of the nation’s top five Best Banks to Work For, having earned the No. 5 spot on the annual list compiled by American Banker magazine and Best Companies Group. The firm is No.1 in its size category of banks with $10 billion or more in assets and has been No. 1 or No. 2 in the category since the inception of these rankings. Aside from Pinnacle, which had $49.2 billion in assets when this ranking was decided, the next largest bank in the top 20 had $9.9 billion. The highest-ranking bank of any comparable asset size was ranked at No. 51 with $45.5 billion. This is the firm’s 12^th year to appear on the list, having been ranked ever since the program started in 2013.

Pinnacle associates cheer on runners at the famous Cooper River Bride Run in Charleston, SC. (Photo: Business Wire)

“Being named one of the top banks to work for in the nation is a testament to our exceptional team and the values we uphold every day,” said Terry Turner, Pinnacle’s president and CEO. “At Pinnacle we are dedicated to fostering an environment where every associate feels valued, supported and inspired to grow. This recognition reflects our commitment not only to excellent service for our clients but also to creating a workplace where people thrive. Together, we’re building a legacy of trust and integrity, one that’s truly worthy of this honor.”

To be eligible for the Best Banks to Work For list, firms must have at least 50 employees working in the United States and be commercial or retail banks, or the commercial or retail banking units of diversified financial services companies. Selection is a two-step process. First, participating banks are evaluated on their workplace practices and policies. Second, employees are surveyed to assess their experiences in and attitudes about the workplace. Combined scores determine the final ranking.

Best Companies Group manages the overall registration and survey process, as well as analyzing the data and determining final ranking. To learn more about the process and Best Banks to Work For program, visit www.BestBankstoWorkFor.com.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine’s 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $50.7 billion in assets as of September 30, 2024. As the second-largest bank holding company in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241112356349/en/

Joe Bass

(615) 743-8219

joe.bass@pnfp.com

Faith Seifuddin

(615) 743-8437

faith.seifuddin@pnfp.com

Source: Pinnacle Financial Partners, Inc.

FAQ

What ranking did Pinnacle Financial Partners (PNFP) achieve in the 2024 Best Banks to Work For list?

Pinnacle Financial Partners ranked No. 5 overall and No. 1 in its size category of banks with $10 billion or more in assets.

How many consecutive years has PNFP been on the Best Banks to Work For list?

Pinnacle has been on the Best Banks to Work For list for 12 consecutive years, since the program's inception in 2013.

What was Pinnacle Financial Partners' (PNFP) asset size when the 2024 ranking was determined?

Pinnacle Financial Partners had $49.2 billion in assets when the ranking was determined.

How does PNFP compare to other banks in the top 20 of the Best Banks to Work For list?

Pinnacle was significantly larger than other top 20 banks, with the next largest bank having $9.9 billion in assets.