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SYNOVUS FINANCIAL (SNV)

Earnings summaries and quarterly performance for SYNOVUS FINANCIAL.

Research analysts who have asked questions during SYNOVUS FINANCIAL earnings calls.

Anthony Elian

JPMorgan

5 questions for SNV

Also covers: BANC, CMA, COLB +10 more

Catherine Mealor

Keefe, Bruyette & Woods

5 questions for SNV

Also covers: ABCB, AUB, CADE +21 more

Gary Tenner

D.A. Davidson & Co.

5 questions for SNV

Also covers: AVBH, AX, BANC +18 more

Bernard Von Gizycki

Deutsche Bank

4 questions for SNV

Also covers: CMA, FCNCA, FLG +5 more

Christopher Marinac

Janney Montgomery Scott LLC

4 questions for SNV

Also covers: ABCB, BFST, BKU +24 more

Jon Arfstrom

RBC Capital Markets

4 questions for SNV

Also covers: ALLY, ASB, BFH +24 more

Michael Rose

Raymond James Financial, Inc.

3 questions for SNV

Also covers: AMTB, BFST, BOKF +24 more

Nicholas Holowko

UBS Group AG

3 questions for SNV

Also covers: CMA, FCNCA, FHN +5 more

Casey Haire

Jefferies

2 questions for SNV

Also covers: ASB, CADE, CFR +12 more

Ebrahim Poonawala

Bank of America Securities

2 questions for SNV

Also covers: , BK, BMO +30 more

Jared David Shaw

Barclays Capital

2 questions for SNV

Also covers: BANC, BKU, BOH +13 more

Jared Shaw

Barclays

2 questions for SNV

Also covers: ASB, BANC, BKU +19 more

Manan Gosalia

Morgan Stanley

2 questions for SNV

Also covers: CADE, CFG, CFR +16 more

Stephen Scouten

Piper Sandler & Co.

2 questions for SNV

Also covers: ABCB, AMTB, AUB +24 more

Timur Braziler

Wells Fargo

2 questions for SNV

Also covers: ASB, BANC, BKU +16 more

Brandon King

Truist Securities

1 question for SNV

Also covers: ABCB, BANC, COLB +2 more

John McDonald

Truist Securities

1 question for SNV

Also covers: BAC, C, FHN +6 more

Jon Rau

Barclays

1 question for SNV

Also covers: VLY

Samuel Varga

UBS

1 question for SNV

Also covers: BPOP, COLB, EWBC +9 more

Recent press releases and 8-K filings for SNV.

Synovus and Pinnacle Announce Combined Company Board of Directors
SNV
M&A
Board Change
  • Synovus Financial Corp. and Pinnacle Financial Partners announced the anticipated board of directors for their combined company, which will be named Pinnacle Financial Partners.
  • The combined board will consist of fifteen directors, with eight from Pinnacle and seven from Synovus, including six independent directors from each company.
  • M. Terry Turner (Pinnacle's current President and CEO) is expected to serve as non-executive chair, and Tim E. Bentsen (Synovus director) as lead director.
  • The merger, which received shareholder and regulatory approvals in November, is expected to close on January 1, 2026.
5 days ago
Pinnacle and Synovus Announce Merger Agreement
SNV
M&A
  • Pinnacle Financial Partners, Inc. and Synovus Financial Corp. entered into a merger agreement on July 24, 2025, to combine into a new entity named Pinnacle Financial Partners, Inc.
  • Under the merger terms, Synovus common stockholders will receive 0.5237 shares of Newco common stock for each Synovus share.
  • The merger is accounted for as a business combination with Pinnacle as the accounting acquirer, and the presented pro forma financial information is preliminary.
  • As of September 30, 2025, the unaudited pro forma combined entity would have $117.24 billion in total assets and $95.71 billion in total deposits. For the nine months ended September 30, 2025, the unaudited pro forma combined net income attributable to shareholders is $1.15 billion, with diluted EPS of $7.35.
5 days ago
Synovus and Pinnacle Receive Regulatory Approval for Merger
SNV
M&A
Guidance Update
CEO Change
  • Pinnacle Financial Partners and Synovus Financial Corp. have received federal bank regulatory approval to combine.
  • Shareholders of both companies approved the merger on November 6, 2025, and the transaction is anticipated to close on January 1, 2026.
  • The combined firm is projected to have $116 billion in assets.
  • Kevin Blair, Synovus CEO, will become president and CEO of the combined company, while Terry Turner, Pinnacle President and CEO, will serve as chairman of the board.
  • Full system and brand conversions for the combined entity are expected to take place in the first half of 2027.
Nov 26, 2025, 9:15 PM
Synovus to Present at Goldman Sachs Conference on Pending Merger
SNV
M&A
  • Synovus Financial Corp. will participate in the Goldman Sachs 2025 U.S. Financial Services Conference on Tuesday, December 9, at 11:20 a.m. ET.
  • Kevin Blair, Synovus Chairman, CEO, and President, will engage in a joint fireside chat with Terry Turner, Pinnacle Financial Partners President and CEO.
  • The discussion is anticipated to cover the pending merger between Pinnacle Financial Partners and Synovus Financial Corp..
  • A live webcast and replay of the event will be available on the Synovus investor relations website.
Nov 12, 2025, 4:01 PM
Synovus and Pinnacle Shareholders Approve Merger
SNV
M&A
Proxy Vote Outcomes
  • Shareholders of Synovus Financial Corp. and Pinnacle Financial Partners approved their proposed merger on November 6, 2025.
  • Approximately 91.5 percent of votes cast by Synovus shareholders and 92.2 percent of votes cast by Pinnacle shareholders were in favor of the combination.
  • The merger is expected to close in the first quarter of 2026, pending regulatory approvals and other customary closing conditions.
  • Following the merger, Terry Turner will serve as chairman of the board, and Kevin Blair will be the incoming CEO of the post-merger Pinnacle Financial Partners.
Nov 6, 2025, 8:30 PM
Synovus Financial and Pinnacle Financial Partners Shareholders Approve Merger
SNV
M&A
Proxy Vote Outcomes
Guidance Update
  • Shareholders of Synovus Financial and Pinnacle Financial Partners have approved the proposed all-stock merger, with 93% of Pinnacle's votes and 69%-70% of Synovus's votes cast in favor at special shareholder meetings held today.
  • The combined entity is projected to have $116 billion in assets and is expected to generate top-quartile revenue and net income growth with the best efficiency ratio among peers by 2027.
  • The companies anticipate $250 million in cost synergies, with 50% realized in 2026, 75% by 2027, and the remainder in 2028. Revenue synergies are estimated at $100 million to $130 million over the next several years.
  • The pro forma annualized balance sheet growth target is high single digit to low double digit. The company expects a 10.1% CET1 ratio at close, with capital primarily deployed for client growth, but share repurchases are a potential option.
  • Employee retention has remained strong since the merger announcement, with Pinnacle reporting a 95% retention rate, and both companies added revenue producers in Q3. Most team members are expected to know their new job roles by the end of November 2025.
Nov 6, 2025, 7:15 PM
Synovus Shareholders Approve Merger with Pinnacle Financial Partners
SNV
M&A
Proxy Vote Outcomes
Executive Compensation
  • Synovus Financial Corporation shareholders approved the proposed merger with Pinnacle Financial Partners, Incorporated, with over 69% of the votes entitled to be cast in favor.
  • The merger is anticipated to create a $100 billion-plus asset institution, expanding Synovus's market footprint, accelerating growth, and enhancing scale.
  • An advisory proposal for merger-related compensation for Synovus's named executive officers was also approved by over 51% of the votes cast.
Nov 6, 2025, 2:00 PM
Synovus Shareholders Approve Merger with Pinnacle Financial Partners
SNV
M&A
Proxy Vote Outcomes
  • Synovus Financial Corporation held a special meeting on November 6, 2025, to consider and vote upon a proposed merger with Pinnacle Financial Partners, Incorporated.
  • The merger is intended to expand Synovus's market footprint, accelerate growth, and provide additional scale for technology, positioning it to become a $100 billion-plus asset institution.
  • Synovus's Board of Directors unanimously recommended that shareholders vote for the adoption of the merger agreement and all related proposals.
  • Shareholders approved the agreement and plan of merger with over 69% of the votes entitled to be cast.
  • The advisory, non-binding proposal for merger-related compensation payments to Synovus's named executive officers was also approved by over 51% of the votes cast.
Nov 6, 2025, 2:00 PM
Synovus (SNV) Reports Strong Q3 2025 Earnings and Updates 2025 Guidance
SNV
Earnings
Guidance Update
M&A
  • Synovus (SNV) reported Q3 2025 GAAP earnings per share of $1.33 and adjusted earnings per share of $1.46, marking a 19% year-over-year increase. The net interest margin expanded by 4 basis points sequentially to 3.41%.
  • The company provided updated 2025 guidance, projecting period-end loan growth of approximately 4.5%, adjusted revenue growth of 6.5%, and adjusted non-interest expense growth of 2.5%.
  • Integration efforts for the merger with Pinnacle Financial Partners are progressing, with the merger still expected to close in Q1 2026. The pro forma Common Equity Tier 1 (CET1) ratio at closing is anticipated to be approximately 10.1%.
  • Credit trends remained healthy in Q3 2025, with net charge-offs at $15 million or 14 basis points, and the preliminary CET1 ratio reached a historical high of 11.24%.
Oct 16, 2025, 12:30 PM
Synovus Financial Corp. Announces Q3 2025 Earnings and Merger Update
SNV
Earnings
M&A
Guidance Update
  • Synovus Financial Corp. reported diluted earnings per share of $1.33 and adjusted diluted earnings per share of $1.46 for the third quarter of 2025.
  • The company experienced net interest margin expansion of 4 basis points sequentially to 3.41%, non-interest revenue growth of 13% year-over-year, and improved credit trends with the non-performing asset ratio falling to 0.53%.
  • The merger with Pinnacle Financial Partners is anticipated to close in Q1 2026, with the pro forma Common Equity Tier 1 (CET1) ratio now estimated at approximately 10.1% at closing. Merger-related expenses for the quarter were $23.8 million.
Oct 15, 2025, 8:30 PM