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Article: Pinnacle Grows Market Share and Total Deposits Faster Than Larger Regional Bank Competitors in Nashville and Knoxville.
- Article from:
- Business Wire
- Article date:
- October 9, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NASHVILLE, Tenn. -- Pinnacle Financial Partners Inc. (Nasdaq/NGS: PNFP) has grown market share and total deposits faster than its larger regional bank competitors, according to the Federal Deposit Insurance Corporation (FDIC) report for June 30, 2007, through June 30, 2008.
Pinnacle continues to be the fastest-growing financial institution in the Nashville-Davidson-Murfreesboro-Franklin MSA for the most recent period, as well as the eight-year period since the firm's inception. Pinnacle was also the fastest-growing bank in the Knoxville MSA following its recent de novo start in that market.
Pinnacle's acquisition of PrimeTrust Bank and Bank of the South ...