v3.26.1
Equity Method Investment
6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investment
Note 3 - Equity Method Investment

A summary of BHG's financial position as of June 30, 2026 and December 31, 2025 and results of operations as of and for the three and six months ended June 30, 2026 and 2025, were as follows:
As of
June 30, 2026December 31, 2025
(in millions)
Assets$4,738 $4,264 
Liabilities$4,333 $3,824 
Equity interests405 440 
Total liabilities and equity$4,738 $4,264 
For the Three Months Ended June 30,For the Six Months Ended June 30,
2026202520262025
(in millions)
Revenues$302 $270 $604 $511 
Net income$47 $51 $116 $95 
During the three and six months ended June 30, 2026, Pinnacle Bank received cash distributions of $69 million and $70 million, respectively, from BHG compared to $77 million and $102 million, respectively, received during the three and six months ended June 30, 2025. Earnings from BHG are included in Pinnacle's consolidated tax return. Profits from intercompany transactions are eliminated.