Synovus Financial Corp. and Pinnacle Financial Partners, Inc. have announced a proposed combination that would create a firm with $116 billion in assets and dual headquarters in Atlanta, GA, and Nashville, TN. The combined company aims to build on Pinnacle's reputation as a top-performing bank by focusing on client and team member experiences, maintaining local leadership, and ensuring continuity across its markets. Plans include leveraging Pinnacle's legacy of strong client relationships and engaged teams to drive growth and shareholder value. The new holding company will be based in Atlanta, while Pinnacle Bank will continue to operate as a Tennessee state-chartered bank headquartered in Nashville.