Pinnacle Financial Partners Targets Early Q1 2026 Close for Synovus Merger, Expects $250 Million in Cost Savings

Reuters
Oct 16
<a href="https://laohu8.com/S/PNFP">Pinnacle Financial Partners</a> Targets Early Q1 2026 Close for Synovus Merger, Expects $250 Million in Cost Savings

Pinnacle Financial Partners continues to move forward with its pending merger with Synovus, aiming to close the transaction early in the first quarter of 2026. The company maintains its estimate of $250 million in cost savings on a fully phased-in basis and reports strong revenue momentum in the third quarter, which has increased confidence in achieving major revenue gains for the combined firm. Management from both companies is committed to promptly and effectively implementing the Pinnacle business model across the merged organization, with expected substantial future earnings benefits from identified revenue initiatives.

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