Atlanta, September 26, 2025
News Summary
Pinnacle Financial Partners has achieved a remarkable milestone, surpassing $1 billion in deposits in the Atlanta market, with an impressive growth rate of 42.15%. This growth over the past year reflects both client trust and effective employee efforts. Pinnacle now ranks as the 23rd largest bank in Atlanta by deposits, marking a significant rise in market presence. The bank also reports substantial growth across Georgia, positioning itself as a leader in several key markets.
Atlanta
Pinnacle Financial Partners has marked a significant milestone in its financial growth, surpassing $1 billion in local deposits in the Atlanta market. Over the 12 months ending June 30, 2025, the bank increased its deposits by $314.7 million, resulting in total deposits of $1.06 billion. This phenomenal growth accounts for an annual growth rate of 42.15%.
The surge in deposits has enhanced Pinnacle’s market presence, elevating its market share in Atlanta to 0.43% based on Federal Deposit Insurance Corporation (FDIC) data as of June 30, 2025. As a consequence of this growth, Pinnacle has ascended to the position of No. 23 bank by deposits in Atlanta, up from No. 25 the previous year.
Rob Garcia, regional president of Pinnacle, indicated that the surpassing of the $1 billion deposit threshold is a reflection of client confidence and the hard work and dedication of its employees. Extending beyond Atlanta, Pinnacle has also seen substantial growth across Georgia, where it ranks No. 31 by deposits, improving from No. 33 in the previous year with a 0.3% statewide market share as of June 30, 2025.
On a broader scale, Pinnacle experienced deposit growth across 23 of 27 metropolitan statistical areas (MSAs). Notably, eight MSAs reported double-digit growth while three achieved triple-digit growth. The bank was recognized as a top five grower in 15 of the 27 MSAs measured by the FDIC, showcasing its expansion and customer acquisition strategies.
Pinnacle Financial Partners offers a comprehensive suite of banking, investment, trust, mortgage, and insurance products and services. Its strong performance in Atlanta is part of a larger strategy, as the bank ranks as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA according to 2025 FDIC data.
In addition to its financial achievements, Pinnacle has garnered national recognition for its workplace culture, ranking No. 9 on FORTUNE magazine’s 2025 list of 100 Best Companies to Work For, marking the ninth consecutive year of inclusion. Furthermore, it has been acknowledged by American Banker as one of America’s Best Banks to Work For for 12 years, attaining the top position among banks with over $10 billion in assets in 2024.
Pinnacle expanded its presence to Georgia in 2020 by recruiting local financial professionals to launch its Atlanta office. The bank has also earned accolades as one of the Best Places to Work in Atlanta for four straight years, according to the Atlanta Business Chronicle.
Since its inception in October 2000 with a single office in downtown Nashville, TN, Pinnacle has grown to approximately $54.8 billion in assets as of June 30, 2025. It stands as the second-largest bank holding company headquartered in Tennessee and primarily operates in urban markets across the Southeast. Pinnacle is also included in the Nasdaq Financial-100 Index.
FAQs
What is Pinnacle Financial Partners’ total deposits in Atlanta?
Pinnacle Financial Partners’ total deposits in the Atlanta market now amount to $1.06 billion.
How much did Pinnacle grow its local deposits in the Atlanta market?
Pinnacle Financial Partners grew local deposits in the Atlanta MSA by $314.7 million in the 12 months ended June 30, 2025.
What is Pinnacle’s annual growth rate for deposits in Atlanta?
This represents an annual growth rate of 42.15%.
What position does Pinnacle hold among banks by deposits in Atlanta?
Pinnacle is now the No. 23 biggest bank by deposits in Atlanta, up from No. 25 the previous year.
What statewide ranking does Pinnacle hold in Georgia?
Statewide in Georgia, Pinnacle ranks No. 31 by deposits, an improvement from No. 33 one year prior.
How many MSAs did Pinnacle experience deposit growth in?
Pinnacle grew deposits in 23 of 27 MSAs, with eight experiencing double-digit growth and three with triple-digit growth.
What products and services does Pinnacle offer?
Pinnacle offers a full range of banking, investment, trust, mortgage, and insurance products and services.
When did Pinnacle expand its operations to Georgia?
Pinnacle expanded its operations to Georgia in 2020 by hiring local financial professionals to establish its Atlanta office.
Key Features
| Feature | Details |
|---|---|
| Total Deposits in Atlanta | $1.06 billion |
| Growth in Deposits | $314.7 million over 12 months |
| Annual Growth Rate | 42.15% |
| Market Share in Atlanta | 0.43% |
| Current Rank in Atlanta by Deposits | No. 23 |
| Statewide Rank in Georgia | No. 31 |
| Number of Growing MSAs | 23 of 27 MSAs |
Deeper Dive: News & Info About This Topic
HERE Resources
Additional Resources
- MarketScreener: Pinnacle Financial Partners Surpasses $1 Billion in Atlanta
- Wikipedia: Pinnacle Financial Partners
- Pinnacle Financial Partners: No. 1 Bank in Nashville
- Google Search: Pinnacle Financial Partners
- AJC: Synovus to Merge with Pinnacle
- Encyclopedia Britannica: Banking
- Pinnacle Financial Partners: Deposit Growth in Atlanta
- Google News: Pinnacle Financial Partners Atlanta
Author: STAFF HERE ATLANTA WRITER
The ATLANTA STAFF WRITER represents the experienced team at HEREAtlanta.com, your go-to source for actionable local news and information in Atlanta, Fulton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as vibrant music festivals like Shaky Knees and Music Midtown, major cultural celebrations including Dragon Con and the Atlanta Film Festival, and iconic sporting events like the Peachtree Road Race. Our coverage extends to key organizations like the Metro Atlanta Chamber of Commerce and the Atlanta Convention & Visitors Bureau, plus leading businesses in logistics, beverages, and retail that power the local economy such as Delta Air Lines, The Coca-Cola Company, and The Home Depot. As part of the broader HERE network, including HEREAugusta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
