Pinnacle Fiscal Companions 2020 Annual Report Now Obtainable | Organization & Finance
NASHVILLE, Tenn.–(Business enterprise WIRE)–Mar 16, 2021–
Pinnacle Economic Associates has released its 2020 Once-a-year Report, summing up the firm’s endeavours to support purchasers, associates, shareholders and the communities it serves navigate via the difficulties of 2020, as effectively as the success achieved for all stakeholders. The report illustrates the shut partnership involving Pinnacle’s effectively-identified and nationally recognized inside tradition, its business product and its philosophy of performing the suitable factor by demonstrating how they labored in concert to respond to the numerous crises of the yr.
We have generally believed that fantastic selections for folks are also excellent choices for enterprise. 2020 was the ultimate examination of that philosophy. How did we accomplish? In my impression, we aced it. How did we do it in the confront of an economic disaster spurred by the COVID-19 pandemic? How did our associates pull so lots of wins out of one of the most hard several years our region has faced? The similar way we’ve developed the business since 2000. Emphasis on people today. Make personal connections. Do the appropriate detail.
Acquire all of that with each other, evaluate it versus our men and women-initially philosophy and study the benefits: We survived, we thrived, and we served our consumers do the similar. This is not the complete line, but we feel we’re in advance in the remaining extend. And when COVID is in the rearview mirror, we come to feel Pinnacle will be in the pole place for what comes upcoming. We’re now back again on offense, aggressively likely after extra sector share and a lot more of the most effective bankers in our markets.
The 2020 Yearly Report includes a full timeline of Pinnacle’s 2020 reaction, accounting for things to do connected to the pandemic, the similar financial downturn, nationwide calls for racial justice and the twister and bombing in Nashville, TN, Pinnacle’s property town.
Also included is the 2020 Company Social Accountability Report, which catalogues Pinnacle’s operate and many achievements in its good cure of associates, neighborhood supplying, responsible governance, variety and inclusion and numerous other places. Highlights include:
- $914.3 million in investments, lending and grants for minimal- to moderate-cash flow housing, modest business assistance and minority-owned institutions
- 27,000 viewers for digital occasions on pandemic-relevant topics like the Paycheck Protection Software, FDIC coverage, property finance loan support and additional
- 21,008 affiliate volunteer hours
The comprehensive 2020 Yearly Report, information to shareholders, monetary results, CSR Report and online video interviews with Turner are accessible at annualreport.PNFP.com.
Pinnacle Economical Associates provides a total assortment of banking, investment decision, rely on, mortgage and coverage goods and companies made for corporations and their entrepreneurs and men and women intrigued in a thorough connection with their financial institution. The firm is the No. 1 financial institution in the Nashville-Murfreesboro-Franklin MSA, in accordance to 2020 deposit info from the FDIC. Pinnacle gained a place on the 2020 checklist of 100 Very best Corporations to Get the job done For ® in the U.S., its fourth consecutive appearance. American Banker identified Pinnacle as one particular of America’s Very best Banking companies to Get the job done For eight yrs in a row and No. 1 amid banking companies with a lot more than $10 billion in belongings in 2020.
Pinnacle owns a 49 p.c curiosity in Bankers Health care Group (BHG), which provides ground breaking, inconvenience-absolutely free economical solutions to health care practitioners and other accredited gurus. Excellent Spot to Do the job and FORTUNE ranked BHG No. 1 on its 2020 list of Best Workplaces in New York Condition in the small/medium organization classification.
The company commenced operations in a single site in downtown Nashville, TN in October 2000 and has because grown to about $34.9 billion in assets as of Dec. 31, 2020. As the next-major financial institution holding business headquartered in Tennessee, Pinnacle operates in 12 largely urban markets in Tennessee, the Carolinas, Virginia and Atlanta.
Added information concerning Pinnacle, which is provided in the Nasdaq Economical-100 Index, can be accessed at www.pnfp.com.
Key phrase: UNITED STATES NORTH The united states TENNESSEE
Sector Search term: Tiny Enterprise BANKING Expert Companies FINANCE
Source: Pinnacle Economical Partners
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PUB: 03/16/2021 01:00 PM/DISC: 03/16/2021 01:01 PM
Copyright Small business Wire 2021.