<div id="readability-page-1">11:27 AM EST, 12/08/2025 (MT Newswires) -- Pinnacle Financial Partners ( PNFP ) offers an opportunity to own a &#34;high-growth&#34; Southeast regional bank at a discount, BofA said in a Monday research note.Analyst at BofA said that investors are &#34;overestimating&#34; the execution risk associated with the company's merger of equals with Synovus Financial, and that additional potential deal synergies from a larger balance sheet and a broader product suite offer upside to the its revenue growth forecast.BofA said its earnings per share forecast for Pinnacle Financial Partners ( PNFP ) implies a 15.9% average annual growth for fiscal 2026 to 2028 compared to 12.2% for the company's peers.While execution risk should not be underestimated, BofA said it believes that the risk profile on the company does not &#34;justify the steep valuation discount relative to fundamental growth potential.&#34;The firm initiated coverage on Pinnacle Financial Partners ( PNFP ) with a buy rating and a $113 price target.Price: 96.97, Change: +0.99, Percent Change: +1.03 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

PNFP

BofA initiated coverage on Pinnacle Financial Partners with a buy rating, highlighting it as a high-growth bank available at a discount. Despite perceived execution risks from its merger with Synovus Financial, BofA sees potential revenue growth from synergies. The firm forecasts a 15.9% average annual EPS growth for 2026-2028, surpassing peers' 12.2%. BofA set a $113 price target, noting the valuation discount doesn't match the company's growth potential.

Pinnacle Financial Partners Offers Opportunity to Own a 'High-Growth' Bank at Discount, BofA Says