NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Synovus Financial Corp. (NYSE: SNV) and Pinnacle Financial Partners (NasdaqGS: PNFP). Upon completion of the proposed transaction, Synovus shareholders will own approximately 48.5% of the combined com...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Pinnacle Financial Partners (NASDAQ: PNFP) and Synovus Financial Corp. is fair to Pinnacle shareholders. Under the terms of the proposed transaction, the shares of Synovus and Pinnacle shareholders will be converted into shares of a new Pinnacle parent company based on a fixed exchan...
Pinnacle Financial Partners and Synovus Financial plan to combine and create a regional bank focused on the fastest-growing markets in the Southeast. The companies plan to combine in an all-stock transaction valued at $8.6 billion, they said in a Thursday (July 24) press release.
Like the wider regional banking industry, Nashville-based Pinnacle Financial Partners has been a good performer since my opening piece, returning around 20%. Pinnacle recently released second quarter results. While loan growth and credit quality may have been areas for concern a few months ago, both remain solid. Pinnacle's shares have re-rated back toward the 2x tangible book value area, leavi...
Pinnacle Financial Partners, Inc. (NASDAQ:PNFP ) Q2 2025 Earnings Conference Call July 16, 2025 9:30 AM ET Company Participants Harold R. Carpenter - Executive VP, CFO, Corporate Secretary & Principal Accounting Officer Michael Terry Turner - President, CEO & Director Conference Call Participants Anthony Albert Elian - JPMorgan Chase & Co, Research Division Benjamin Tyson Gerlinger - Citigroup ...
PNFP delivered strong Q2 2025 results, beating EPS and revenue estimates, but sector sentiment and valuation concerns keep my rating at hold. Loan growth is robust, especially in C&I, and the bank is well-positioned to benefit from refinancing maturing loans at higher rates if the environment holds. Deposit growth remains steady, but continued reliance on CDs limits net interest margin improvem...
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $2.00 for the quarter ended June 30, 2025, compared to net income per diluted common share of $0.64 for the quarter ended June 30, 2024, an increase of approximately 212.5 percent. Net income per diluted common share was $3.77 for the six months ended June 30, ...
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