MS
Morgan Stanley
MS's fundamentals are strong: revenue grew 16% and earnings per share grew 29%. At 15x earnings, it's trading in line with its usual 14x. Analysts expect earnings growth.
PNFP
Pinnacle Financial Partners, Inc.
There isn't enough reported data to score PNFP yet.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
PNFP Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
PNFP's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like PNFP.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
PNFP PE Valuation
PNFP has no meaningful PE right now: it lost money over the past year.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
MS has the edge over PNFP on the outlook, with more favorable profitability expectations.
PNFP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Moderate | |
| High |
Analysts expect earnings and revenue growth for PNFP, but weaker profitability.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
PNFP has the stronger earnings trend. Trailing diluted EPS is up 29% for MS versus PNFP up 49%.
PNFP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.30 | +44% |
| Q3 2025 | $7.85 | +49% |
| Q2 2025 | $7.52 | +48% |
| Q1 2025 | $6.16 | -12% |
| Q4 2024 | $5.96 | -17% |
| Q3 2024 | $5.26 | -32% |
| Q2 2024 | $5.09 | -36% |
| Q1 2024 | $6.99 | -4.1% |
| Q4 2023 | $7.18 | 0% |
PNFP earned $7.85 per share over the past year, up 49% from the year before.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
PNFP has the stronger quarterly revenue trend. Revenue is up 12% for MS versus up 160% for PNFP.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
PNFP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +141% |
| Q2 2026 | $1.2B | +138% |
| Q1 2026 | $1.2B | +163% |
| Q3 2025 | $544.8M | +17% |
| Q2 2025 | $505M | +38% |
| Q1 2025 | $462.9M | +8.1% |
| Q4 2024 | $475.3M | +20% |
| Q3 2024 | $466.7M | +14% |
PNFP's revenue has grown year over year for eight quarters in a row: $1.3B last quarter, up 160% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 36% | -2.1 points |
| Q2 2026 | 35% | -3.6 points |
| Q1 2026 | 16% | -21 points |
| Q3 2025 | 39% | -0.3 points |
| Q2 2025 | 38% | +21 points |
| Q1 2025 | 37% | +1.5 points |
| Q4 2024 | 39% | +6.1 points |
| Q3 2024 | 39% | -2.4 points |
PNFP has the edge over MS on profitability, with a higher operating margin.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
PNFP has the stronger cash trend. Its trailing FCF is up 167% versus its history, compared with MS at down 492%.
PNFP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $365M | -2.8% |
| Q2 2026 | $67M | -73% |
| Q1 2026 | $911M | +$954M |
| Q3 2025 | $375.4M | +291% |
| Q2 2025 | $244.6M | +316% |
| Q1 2025 | -$43M | -124% |
| Q4 2024 | $475M | +423% |
| Q3 2024 | $96M | -9.9% |
PNFP's free cash flow was $1.7B over the past year, up 122% from the year before. Free cash flow isn't a meaningful measure for financial services companies like PNFP.
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has the edge over PNFP on shareholder dilution, with a more favorable share count trend.
PNFP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +250K shares |
| 1 year | +96% | +74.4M shares |
| 3 years | +99% | +75.6M shares |
| 5 years | +100% | +75.9M shares |
| Available history | +98% | +75M shares |
PNFP has 152M diluted shares, up 96% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $50.8M |
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
PNFP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.8x | Moderate |
| Q4 2024 | 2.9x | Moderate |
| Q3 2024 | 3.8x | Elevated |
| Q2 2024 | 4.0x | High |
| Q1 2024 | 3.2x | Elevated |
| Q4 2023 | 3.1x | Elevated |
PNFP's net debt is about 2.2 years of its operating earnings (EBITDA), down from 3.8 years a year ago. Net leverage isn't a meaningful measure for financial services companies like PNFP.
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
PNFP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 49.9 | Neutral |
PNFP's weekly RSI is 51 (neutral) and its Stochastic is 50 (neutral).
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
PNFP PE vs Financial Services Sector
| Metric | PNFP | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
PNFP has no meaningful PE right now: it lost money over the past year.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.
PNFP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.7 | 1.6% above |
| 20 week MA | $100.2 | 0.9% below |
| 50 week MA | $97.2 | 2.2% above |
| 100 week MA | $100.0 | 0.7% below |
| 200 week MA | $89.3 | 11% above |
PNFP's trend is mixed: it's above three of its five weekly moving averages, and 11% above its 200-week average.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has the edge over PNFP on returns for 2026, with the stronger performance.
PNFP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $63.8 | $65.3 | +2.3% |
| 2021 | $65.3 | $93.9 | +44% |
| 2022 | $93.9 | $73.6 | -22% |
| 2023 | $73.6 | $87.2 | +19% |
| 2024 | $87.2 | $114.2 | +31% |
| 2025 | $114.2 | $100.8 | -12% |
| 2026 YTD | $100.8 | $99.3 | -1.5% |
PNFP has finished higher in four of the last six years. It's down 1.5% so far in 2026.