Pinnacle Financial Partners Inc. (PNFP) reported second quarter earnings of $154.74 million, or $2.00 per share, beating Street estimates. This is an increase from last year’s earnings of $49.36 million, or $0.64 per share. Adjusted earnings, excluding items, were also reported at $154.84 million or $2.00 per share. Analysts had expected earnings of $1.90 per share on average. The company’s GAAP earnings showed a significant improvement compared to the previous year.

Read more at Nasdaq MarketSite: Pinnacle Financial Partners Inc. Q2 Profit Increases, Beats Estimates