Synovus Financial CORP
Market Movers (8-K)
Pinnacle Financial Partners and Synovus Financial Corp. have completed their merger, forming a new $117.2 billion asset regional bank operating under the Pinnacle brand.
Synovus Bank, a subsidiary of Synovus Financial Corp., has issued $500 million in 5.957% fixed-to-fixed rate subordinated bank notes maturing in 2036 for general corporate purposes.
Capital raise
Synovus Financial Corp. presented an update on its proposed merger with Pinnacle Financial Partners and provided its fourth-quarter 2025 financial outlook at the Goldman Sachs 2025 US Financial Services Conference.
Synovus Financial and Pinnacle Financial Partners announced the anticipated board of directors for their combined entity, Pinnacle Financial Partners, ahead of their merger close.
Pinnacle Financial Partners and Synovus Financial Corp. release unaudited pro forma financials for their merger into Newco, highlighting significant scale and strategic positioning.
Capital raise
Synovus Financial Corp. and Pinnacle Financial Partners, Inc. have received all necessary federal and state bank regulatory approvals for their merger, anticipating a January 1, 2026 closing.
Quarterly Earnings (10-Q)
Synovus Financial Corp. announced a significant increase in Q3 and year-to-date earnings and improved credit quality, while progressing with its merger with Pinnacle Financial Partners.
Better than expected
Synovus Financial Corp. reported a significant turnaround in its second quarter 2025 financial results, driven by higher net interest income and improved credit performance, while also announcing a definitive merger agreement with Pinnacle Financial Partners.
Better than expected
Synovus Financial Corp. announced a significant increase in net income for Q1 2025, driven by higher net interest income, lower provision for credit losses, and reduced non-interest expenses.
Better than expected
Synovus Financial Corp. reported a significant increase in net income for Q3 2024, although year-to-date results were impacted by strategic investment portfolio adjustments and lower net interest income.
Worse than expected
10-Q: Synovus Financial Corp. Reports Mixed Second Quarter Results Amid Strategic Portfolio Repositioning
Synovus Financial Corp. reported a net loss for the second quarter of 2024, primarily due to losses from investment securities sales, while also showing some positive trends in net interest margin and capital ratios.
Worse than expected
10-Q: Synovus Financial Corp. Reports Q1 2024 Results, Net Income Declines Amidst Economic Headwinds
Synovus Financial Corp. reported a decrease in net income for the first quarter of 2024, impacted by lower net interest income and a decline in non-interest revenue.
Worse than expected
Annual Reports (10-K)
Synovus Financial Corp.'s 2024 net income declined due to strategic investment securities portfolio repositioning, but the company is focusing on accelerated growth investments across the franchise in 2025.
Worse than expected
Synovus Financial Corp. amends its 2013 and 2021 Omnibus Plans regarding fractional shares and files its annual 10K report detailing financial performance and risk factors.
Worse than expected
Insider Trading (Form 4)
Synovus Financial Corp. director Harris Pastides converted all Synovus common stock into New Pinnacle shares following the merger effective January 1, 2026.
Synovus Financial Corp.'s EVP & CFO, Andrew J. Gregory Jr., reported his beneficial ownership in New Pinnacle Common Stock following the merger effective January 1, 2026.
Synovus Financial Corp. EVP Katherine Weislogel's equity holdings converted to New Pinnacle Common Stock following the merger effective January 1, 2026.
Synovus Financial Corp. director Alexandra Villoch reported the conversion of her Synovus common stock into New Pinnacle common stock following a merger effective January 1, 2026.
Synovus Financial Corp. director Pedro P. Cherry converted 18,715 shares of Synovus common stock into New Pinnacle common stock as part of a merger effective January 1, 2026.
Synovus Financial Corp.'s Chief Accounting Officer, Jill K Hurley, reported the conversion of her Synovus common stock into New Pinnacle common stock following the merger effective January 1, 2026.
Proxy Statements (Def-14A)
Pinnacle Financial Partners and Synovus Financial Corp. will merge into a new entity, Newco, in an $8.6 billion all-stock transaction to create a leading financial institution in the Southeast.
Delay expected
Synovus Financial Corp. has filed a definitive proxy statement with the SEC.
DEF: Synovus Financial Corp. Invites Shareholders to 2025 Annual Meeting, Highlights 2024 Performance
Synovus Financial Corp. announces its 2025 Annual Meeting of Shareholders and reflects on a year of strategic repositioning and financial performance amidst industry challenges.
Better than expected
Synovus Financial Corp. has filed a definitive proxy statement with the SEC.
DEF 14A: Synovus Financial Corp. Invites Shareholders to 2024 Annual Meeting, Details Executive Compensation
Synovus Financial Corp.'s proxy statement outlines the agenda for the 2024 Annual Meeting of Shareholders and provides details on corporate governance, executive compensation, and other important matters.
Worse than expected
Institutional Holdings (13F)
Synovus Financial Corp. reported its third-quarter 2025 equity holdings, revealing a portfolio valued at $8.74 billion across 1,549 securities.
Synovus Financial Corp has filed its Form 13F-HR, revealing its equity holdings totaling over $8.17 billion as of June 30, 2025.
Synovus Financial Corp's latest 13F filing reveals its holdings as of March 31, 2025, with a total portfolio value of $7.73 billion.
Synovus Financial Corp's latest 13F filing reveals $7.86 billion in managed securities as of December 31, 2024.
Synovus Financial Corp's latest 13F filing reveals a diverse portfolio of 1,496 holdings valued at over $8.6 billion as of September 30, 2024.
Synovus Financial Corp's latest 13F filing reveals a total of $9.4 billion in managed securities across 1,496 holdings as of September 30, 2024.
Schedule 13G - Passive Investments
SCHEDULE 13G/A: Wellington Management Discloses 5% Stake in Synovus
Wellington Management Group LLP and its affiliates have filed an amended Schedule 13G, reporting a 5.0% beneficial ownership in Synovus Financial Corp. common stock.
SCHEDULE 13G/A: FMR LLC & Abigail Johnson Boost Synovus Stake to 7%
FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 7.0% of Synovus Financial Corp.'s common stock as of September 30, 2025.
State Street Corporation has filed a Schedule 13G, reporting a passive beneficial ownership of 4.8% in Synovus Financial Corp as of March 31, 2025.
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly disclosed a beneficial ownership of 8.5% in Synovus Financial Corp.'s common stock as of December 31, 2024.
Wellington Management Group LLP and its affiliates have filed an amended Schedule 13G, reporting a collective beneficial ownership of 5.5% of Synovus Financial Corp.'s common stock as of December 31, 2024.
State Street Corporation has filed a Schedule 13G, reporting a 5.1% beneficial ownership stake in Synovus Financial Corp as of December 31, 2024.