Pinnacle Financial Partners and Synovus Announce $8.6 Billion All-Stock Merger to Form Southeast Growth Champion

Reuters

2025/07/25

<a href="https://laohu8.com/S/PNFP">Pinnacle Financial Partners</a> and Synovus Announce $8.6 Billion All-Stock Merger to Form Southeast Growth Champion

Pinnacle Financial Partners Inc. and Synovus Financial Corp. have announced a definitive agreement to merge in an all-stock transaction valued at $8.6 billion. The combination aims to create the highest-performing regional bank in the Southeast, focusing on the region's fastest-growth markets. The transaction is anticipated to close in the first quarter of 2026. Upon completion, the combined entity will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand. Kevin Blair, currently the Chairman, CEO, and President of Synovus, will become the President and CEO of the new company, while Terry Turner, President and CEO of Pinnacle, will serve as Chairman of the Board of Directors. Both companies emphasize their commitment to maintaining strong local presences and supporting community initiatives across the Southeast.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Financial Partners Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250724469186) on July 24, 2025, and is solely responsible for the information contained therein.

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The combination aims to create the highest-performing regional bank in the Southeast, focusing on the region's fastest-growth markets. The transaction is anticipated to close in the first quarter of 2026. Upon completion, the combined entity will operate under the Pinnacle <a href=\"https://laohu8.com/S/FLPRF\">Financial Partners</a> and <a href=\"https://laohu8.com/S/PBNK\">Pinnacle Bank</a> name and brand. Kevin Blair, currently the Chairman, CEO, and President of Synovus, will become the President and CEO of the new company, while Terry Turner, President and CEO of Pinnacle, will serve as Chairman of the Board of Directors. 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ID: 20250724469186) on July 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PNFP","symbol_name":"Pinnacle Financial Partners","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250724:nNDL8CVDf7:1","article_id":"2554380147","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554380147","pubTimestamp":1753389034,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Pinnacle Financial Partners Inc. and Synovus Financial Corp. have announced a definitive agreement to merge in an all-stock transaction valued at $8.6 billion. 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The combination aims to create the highest-performing regional bank in the Southeast, focusing on the region's fastest-growth markets. The transaction is anticipated to close in the first quarter of 2026. Upon completion, the combined entity will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand. Kevin Blair, currently the Chairman, CEO, and President of Synovus, will become the President and CEO of the new company, while Terry Turner, President and CEO of Pinnacle, will serve as Chairman of the Board of Directors. Both companies emphasize their commitment to maintaining strong local presences and supporting community initiatives across the Southeast.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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