• Pinnacle Financial Partners average debt/equity ratio for 2023 was 0.44, a 76% decline from 2022.
• Pinnacle Financial Partners average debt/equity ratio for 2022 was 0.25, a 13.79% increase from 2021.
• Pinnacle Financial Partners average debt/equity ratio for 2021 was 0.29, a 42% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.