Earnings summaries and quarterly performance for SYNOVUS FINANCIAL.
Executive leadership at SYNOVUS FINANCIAL.
Kevin Blair
Chairman, Chief Executive Officer, and President
Allan Kamensky
Executive Vice President and General Counsel
D. Zachary Bishop
Executive Vice President, Technology, Operations, and Security
Elizabeth Wolverton
Executive Vice President and Head of Consumer Banking and Brand Experience
Jamie Gregory
Executive Vice President and Chief Financial Officer
Jill Hurley
Chief Accounting Officer and Corporate Controller
Katherine Weislogel
Executive Vice President and Head of Treasury and Payment Solutions
Kevin Howard
Executive Vice President and Chief Wholesale Banking Officer
Sharon Goodwine
Executive Vice President and Chief Human Resources Officer
Shellie Creson
Executive Vice President and Chief Risk Officer
Thomas Dierdorff
Executive Vice President and Head of Corporate and Investment Banking
Wayne Akins
Executive Vice President and Chief Community Banking and Wealth Services Officer
Board of directors at SYNOVUS FINANCIAL.
Alexandra Villoch
Director
Barry Storey
Director
Diana Murphy
Director
Gregory Montana
Director
Harris Pastides
Director
John Irby
Director
John Stallworth
Director
Pedro Cherry
Director
Stacy Apter
Director
Teresa White
Director
Tim Bentsen
Lead Independent Director
Research analysts who have asked questions during SYNOVUS FINANCIAL earnings calls.
Anthony Elian
JPMorgan
5 questions for SNV
Catherine Mealor
Keefe, Bruyette & Woods
5 questions for SNV
Gary Tenner
D.A. Davidson & Co.
5 questions for SNV
Bernard Von Gizycki
Deutsche Bank
4 questions for SNV
Christopher Marinac
Janney Montgomery Scott LLC
4 questions for SNV
Jon Arfstrom
RBC Capital Markets
4 questions for SNV
Michael Rose
Raymond James Financial, Inc.
3 questions for SNV
Nicholas Holowko
UBS Group AG
3 questions for SNV
Casey Haire
Jefferies
2 questions for SNV
Ebrahim Poonawala
Bank of America Securities
2 questions for SNV
Jared David Shaw
Barclays Capital
2 questions for SNV
Jared Shaw
Barclays
2 questions for SNV
Manan Gosalia
Morgan Stanley
2 questions for SNV
Stephen Scouten
Piper Sandler & Co.
2 questions for SNV
Timur Braziler
Wells Fargo
2 questions for SNV
Brandon King
Truist Securities
1 question for SNV
John McDonald
Truist Securities
1 question for SNV
Jon Rau
Barclays
1 question for SNV
Samuel Varga
UBS
1 question for SNV
Recent press releases and 8-K filings for SNV.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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%.
- 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.
Quarterly earnings call transcripts for SYNOVUS FINANCIAL.
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