Synovus Financia Stock Price, News & Analysis

Synovus Financial Corp. (NYSE: SNV) announced that Chairman, CEO and President Kevin Blair will participate in a fireside chat at the Barclays 23rd Annual Global Financial Services Conference on September 9, 2025. The discussion, scheduled for 2:45 p.m. ET in New York City, will feature Blair alongside Pinnacle Financial Partners President and CEO Terry Turner, where they will address their pending merger. Investors can access the live webcast and replay through Synovus's investor relations website.

Pinnacle Financial Partners (Nasdaq: PNFP) and Synovus Financial Corp. (NYSE: SNV) have announced a transformative $8.6 billion all-stock merger to create the Southeast's leading regional bank. The combined entity will operate under the Pinnacle brand, with Synovus CEO Kevin Blair serving as CEO and Pinnacle CEO Terry Turner as Chairman.

The merger terms include a fixed exchange ratio of 0.5237 Synovus shares per Pinnacle share, representing a 10% premium for Synovus shareholders. Post-merger ownership will be split approximately 51.5% Pinnacle and 48.5% Synovus. The transaction is expected to deliver 21% EPS accretion by 2027 with a 2.6-year tangible book value earnback period.

The combined company will be the largest bank holding company in Georgia and Tennessee, headquartered in Atlanta and Nashville respectively, with top-5 market positions in 10 of their 15 largest Southeastern metropolitan areas.

Synovus Financial Corp (NYSE: SNV) reported strong Q2 2025 financial results with diluted earnings per share of $1.48, compared to $(0.16) in Q2 2024. The company delivered 28% year-over-year growth in adjusted earnings per share.

Key highlights include: net income of $206.3 million, funded loan production surge of 60% YoY driving 8% annualized loan growth, net interest margin expansion to 3.37%, and improved credit quality metrics. Period-end loans increased $888.0 million (2%) from Q1 2025, while core deposits were $45.2 billion. The Common Equity Tier 1 capital ratio reached a historic high at 10.91%.

Synovus Financial Corp. (NYSE: SNV), a Columbus, Georgia-based financial services company with $60 billion in assets, has scheduled its second quarter 2025 earnings announcement for July 16, 2025, after market close. The company will host a conference call on July 17, 2025, at 8:30 a.m. ET. Investors can access the live audio webcast, conference call, and presentation materials through the company's investor relations website. Synovus operates across five states (Georgia, Alabama, Florida, South Carolina, and Tennessee), offering commercial and consumer banking services, including wealth management, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, and international banking services.

Synovus (SNV) has announced plans to expand its presence in Florida through strategic hiring of relationship managers in commercial and middle market banking and wealth services. The bank aims to increase its relationship manager hiring by 20-30% across southeastern target growth markets over the next three years. The expansion focuses on high-opportunity markets including Miami, Orlando, Tampa, and other southeastern cities. Four key appointments have been made in Florida: Chuck Fortier and Vytaute Zubavicius as commercial bankers in Winter Park, Oscar Franceschini as wholesale middle market relationship manager in Orlando, and Mimi Savatic as wholesale middle market relationship manager in Miami. This expansion aligns with Synovus's strategy to strengthen its relationship-driven banking approach and enhance its competitive position in key markets.

Synovus (SNV) has announced plans to strengthen its presence in South Carolina and other southeastern markets by increasing its hiring of relationship managers by 20-30% over the next three years. The bank has already added key personnel in Charleston, Greenville, and Spartanburg, including Michael Baker from PNC, Trip LaCoste from Wells Fargo, Ryan Mink from PNC, and Christian Short from Truist. The expansion strategy focuses on high-opportunity markets across the southeast, including major cities in Georgia, Alabama, South Carolina, and Florida. Synovus emphasizes its commitment to relationship-driven banking and plans to leverage existing networks to gain a stronger competitive edge in these markets.

Synovus Bank (SNV) has announced plans to accelerate its growth by expanding its relationship management team, particularly in high-opportunity southeastern markets. The bank aims to increase relationship manager hiring by 20-30% over the next three years across target markets. In Atlanta, three key appointments have been made: Eric Clark from JP Morgan Chase with 20 years of experience, Will Clay from Servis 1st Bank with middle market expertise, and Robert Mann from Bank of America with 25 years of commercial banking experience. The expansion focuses on major southeastern markets including Atlanta, Birmingham, Charleston, Columbia, Greenville, Spartanburg, Miami, Orlando, and Tampa. This strategic growth initiative emphasizes Synovus's commitment to relationship-driven banking and local market expertise.

Synovus Financial Corp. (NYSE: SNV) has declared quarterly dividend payments for its various stock classes. The company will pay $0.39 per share on common stock (payable July 1, 2025), $0.50594 per share on Series D Preferred Stock (payable June 21, 2025), and $0.52481 per share on Series E Preferred Stock (payable July 1, 2025). Synovus, headquartered in Columbus, Georgia, is a financial services company with approximately $60 billion in assets, offering commercial and consumer banking services across five states through its branch network. The company provides specialized services including wealth management, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking.

FHLBank Atlanta and Synovus Bank (SNV) have jointly awarded a $500,000 grant to Georgia Heirs Property Law Center Inc. to address heirs' property issues. This grant is part of FHLBank Atlanta's 2024 Heirs Property Family Wealth Protection Fund, which is distributing $5.9 million to 21 organizations through member banks. The initiative aims to help property owners establish clear wills, estate plans, titles, and deeds. A 2024 Harris Poll survey revealed that while 90% of homeowners expect their home equity to benefit heirs, 43% lack proper estate planning documents. The Georgia Heirs Property Law Center will provide free services to help low- and moderate-income families resolve tangled titles and establish proper legal documentation for building generational wealth.