Commerce Bank's local group gets new leader

Regional lender Commerce Bank has hired a PrivateBank executive to be the leader of its St. Louis operations, which includes the Nashville region. Robert Holmes also will handle some vice chairman duties for Kansas City-based Commerce, which has about $24 billion in assets.

Mar 27, 2015 9:17 AM

Franklin Financial churns near IPO price on first day

Shares of Franklin Financial Network didn't rise or fall much Thursday on their first day of trading on the New York Stock Exchange. After ticking up a bit from their $21 IPO price in the first 15 minutes of action, the stock (Ticker: FSB) dipped to $20.75 before working its way back up. Interestingly, the $21 level served as a hard cap for traders, who consistently stopped bidding up the stock right at $20.99. Heading into the last half hour of trading, more than 870,000 shares had changed hands.

 

CEO Richard Herrington outside the New York Stock Exchange this morning. (Photo: NYSE Twitter)

Mar 26, 2015 2:43 PM

Franklin Financial IPO adds shares, trims price

Bank holding company to begin trading on NYSE this morning
Mar 26, 2015 6:54 AM

First Tennessee recruits US Bank SVP

Exec had been overseeing team of 20 in two cities
Mar 23, 2015 12:47 PM

KBW hikes Pinnacle target 20%

Shares of Pinnacle Financial Partners hit a record high $45.29 on Friday — they ended the day 10 cents below that peak — but Keefe Bruyette & Woods analyst Jefferson Harralson sees them climbing a bit more. He has raised his target for the largest bank based in Nashville (Ticker: PNFP) to $48 from $40 and continues to rate it at 'outperform.'

Mar 23, 2015 7:14 AM

Earnings wrap: Clarcor, First Farmers

Manufacturer sees margins rising this year, bank benefits from expense cuts
Mar 20, 2015 1:14 PM

Second CRE hire for Pinnacle

NAIOP board member makes move from Regions
Mar 17, 2015 7:25 AM

Franklin Financial IPO grows significantly

NYSE officials approve listing plans
Mar 16, 2015 7:15 AM

Pinnacle suing PGM Properties principals

Bank says developers owe more than $1M
Mar 16, 2015 6:01 AM

Pinnacle recruits two small biz SVPs

Division manager, others come over from First Tennessee
Mar 13, 2015 9:42 AM