P innacle maintained its No. 1 market share position earned last year in its hometown of Nashville, according to FDIC deposit data as of June 30, 2019. Market share grew 5.38 percent in 2019, in part due to the addition of 13 revenue producers recruited from peer institutions. Those include veteran banking leaders like Joe Dillingham, former director of corporate banking at Synovus, and Sam Belk, former Mid-South Division Manager at Wells Fargo.
Nashville’s economy continues its upward trajectory, with fertile ground for new real estate development and growth — everything from the $540 million Broadwest project to 21 new hotels and another 17 under construction. New mixed-use developments include Antioch’s billion-dollar Century Farms and McEwen Northside in Cool Springs, where Mitsubishi is locating its North American headquarters. Six of the country’s 10 biggest for-profit hospital companies are headquartered here along with more than 800 healthcare companies. Sports and entertainment sectors also continue to thrive: the city hosted the NFL Draft in 2019 and recently welcomed its third major league sports team, Nashville Soccer Club.
to $6.39 billion
to $7.8 billion
Nashville on the Charts
- Forbes’ Best States for Business — Tennessee is #7
- CNBC’s Top States for Business — Tennessee is #13
- America’s Best Cities, Large — #25
- Wall Street Journal’s Hottest U.S Job Markets — #2
- Global Traveler's Best Leisure Destinations — #1
- Nashville was named to The Sun’s Hottest Global Destinations
- World’s Best Cities — #79
- Inc. Magazine’s Best Place to Start a Business — #4