PINNACLE BNKSH. CORP.DL3

Pinnacle reported a net profit after tax of 176.7 million AUD for FY2026 (+31%) and earnings per share of 0.781 AUD (+25%). Assets under management rose 28% to 229.4 billion AUD, supported by record net inflows of 33.4 billion AUD, while base fee revenue increased 35%. Performance fees fell 5%, and the stock remained largely unchanged at $17.76. Management expects growth drivers for FY2027 such as the full consolidation of Pacific Asset Management and expansion in the US. » Więcej na de.investing.com

Pinnacle Bank has named Mark Roach executive vice president and senior lending officer based at its Campbell branch. Roach will report to Cliff Dennett and work with regional leaders and client managers to service existing loan clients and evaluate new lending opportunities. He brings more than 30 years of experience in commercial lending and credit risk management and was most recently chief banking officer at Community Bank of the Bay. » Więcej na de.investing.com

Pinnacle reported adjusted diluted earnings per share of $2.39 for Q1 2026, annualized loan growth of 10% and an expanded net interest margin of 3.53% following the closing of the merger with Synovus. Core deposits rose to $91.6 billion, the combined CET1 ratio stands at 9.83%, and credit quality remained within target ranges. Management reaffirmed its 2026 outlook (loan balances $91–93 billion, deposits $106.5–108.5 billion) and announced further revenue synergies as well as increased hiring of revenue-generating bankers. The stock reacted positively in premarket trading and advanced. » Więcej na de.investing.com