News

Columbus-based Synovus made the blockbuster announcement that it would be merging with Nashville-based Pinnacle Financial ...
Shares of regional banking company Synovus Financial (NYSE:SNV) fell 12.1% in the afternoon session after the company ...
By Ateev Bhandari and Pritam Biswas (Reuters) -Shares of U.S. regional banks Pinnacle Financial Partners and Synovus ...
Investors don’t seem too impressed. Synovus stock fell 7.4% to $52.55 in premarket trading Friday, while Pinnacle dropped 4% ...
These financial maneuvers highlight the company's continuing focus on shareholder value, corresponding with a 21.63% price ...
Investor reaction to the proposed $8.6 billion deal has been sour, with both banks' share prices falling more than 11% as of ...
The merger is expected to close in the first quarter of next year, pending regulatory and shareholder approvals.
Pinnacle Financial Partners has a major presence in the Triad with eight branches in High Point, three in Greensboro, two ...
Synovus Financial Corp. (NYSE:SNV) stock fell 9% in pre-market trading Friday after the company announced an all-stock merger with Pinnacle Financial Partners (NASDAQ:PNFP) valued at $8.6 billion.
The $9 bln merger of Pinnacle and Synovus is just the kind of regional expansion the market ostensibly wants to see. A $115 ...
Pinnacle Financial Partners (NASDAQ: PNFP) and Synovus Financial Corp. (NYSE: SNV) have entered into a definitive agreement to combine operations in an all-stock transaction valued at $8.6 billion.
To compete, regional banks need to join forces. This week, Pinnacle Financial Partners and Synovus Financial, two sizeable players in the US south-east, became the latest to team up. Calculated on its ...