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Pinnacle Financial Partners is a financial holding company. Through its subsidiaries, Co. provides banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals. Co. provides lending products, such as commercial, real estate and consumer loans to individuals, businesses and other entities. The deposit services of Co.'s subsidiary, Pinnacle Bank (Pinnacle Bank), include savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts. Pinnacle Bank contracts with Raymond James Financial Services, Inc. to provide and sell securities and other financial products to the public. According to our PNFP split history records, Pinnacle Financial Partners has had 1 split.
PNFP split history picture
Pinnacle Financial Partners (PNFP) has 1 split in our PNFP split history database. The split for PNFP took place on May 11, 2004. This was a 2 for 1 split, meaning for each share of PNFP owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

When a company such as Pinnacle Financial Partners splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the PNFP split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Pinnacle Financial Partners shares, starting with a $10,000 purchase of PNFP, presented on a split-history-adjusted basis factoring in the complete PNFP split history. PNFP split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 11/11/2014
End date: 11/07/2024
Start price/share: $39.29
End price/share: $119.04
Starting shares: 254.52
Ending shares: 283.41
Dividends reinvested/share: $6.82
Total return: 237.37%
Average Annual Total Return: 12.93%
Starting investment: $10,000.00
Ending investment: $33,724.74
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 11/11/2014
End date: 11/07/2024
Start price/share: $39.29
End price/share: $119.04
Dividends collected/share: $6.82
Total return: 220.34%
Average Annual Total Return: 12.35%
Starting investment: $10,000.00
Ending investment: $32,032.60
Years: 10.00
Date Ratio
05/11/20042 for 1
PNFP is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

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Also explore: PNFP shares outstanding history

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