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Synovus Financial Corp. 8-K Filings

SNV NYSE

Every 8-K that Synovus Financial Corp. (SNV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow SNV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNV filings page.

Rhea-AI Summary

Synovus Financial Corp. and Pinnacle Financial Partners have completed their previously announced merger, creating a new holding company now named Pinnacle Financial Partners, Inc. On January 1, 2026, Synovus and Pinnacle were merged into Steel Newco Inc., which then adopted the Pinnacle name and became the parent of the combined organization headquartered in Atlanta.

Each Synovus common share was converted into 0.5237 shares of Newco common stock, while each Pinnacle common share was exchanged one-for-one for Newco common stock, with cash paid in lieu of fractional Synovus-related shares. Synovus and Pinnacle preferred shares and related depositary shares were converted into corresponding Newco preferred series. Equity awards, including restricted stock units, performance stock units and stock options, were either assumed by Newco or vested and settled in Newco stock and cash as specified. Synovus common and preferred securities have been delisted from the NYSE, and Newco common and preferred securities will trade on the NYSE under the symbols “PNFP,” “PNFP-PrA,” “PNFP-PrB” and “PNFP-PrC.”

Rhea-AI Summary

Synovus Financial Corp., through its subsidiary Synovus Bank, issued $500 million of 5.957% Fixed-to-Fixed Rate Subordinated Bank Notes due 2036 on December 9, 2025. The notes were sold at par in a transaction exempt from Securities Act registration, generating approximately $496 million in net proceeds after underwriting commissions and expenses.

The notes pay a fixed interest rate of 5.957% per year from December 9, 2025 to January 15, 2031. From January 15, 2031 to January 15, 2036, the rate will reset to the then-current Five-year U.S. Treasury Rate plus 2.300% per year. Synovus Bank plans to use the net proceeds for general corporate purposes, giving the bank additional long-term funding and flexibility.

Rhea-AI Summary

Synovus Financial Corp. reports that it is scheduled to present at the Goldman Sachs 2025 US Financial Services Conference on December 9, 2025 at 11:20 a.m. ET. The company is making its investor presentation materials available as Exhibit 99.1 to this report and on its investor relations website at investor.synovus.com. The materials are being furnished under Item 7.01 of Form 8-K, meaning they are not treated as filed for purposes of Section 18 of the Exchange Act and will only be incorporated into other SEC documents if expressly stated there.

Rhea-AI Summary

Synovus Financial Corp. reports an update on its pending merger with Pinnacle Financial Partners under their Agreement and Plan of Merger dated July 24, 2025. Synovus and Pinnacle will each merge into a jointly owned Georgia corporation, Steel Newco Inc., which will continue as the surviving company named Pinnacle Financial Partners, Inc.

The combined company’s board will have fifteen directors, with eight coming from Pinnacle’s current board and seven from Synovus’s current board as of the merger’s effective time. On December 1, 2025, the companies announced the anticipated directors, including M. Terry Turner as expected non-executive chair and Tim E. Bentsen as expected lead independent director, along with thirteen other named members. The update is provided through a joint press release attached as an exhibit.

Rhea-AI Summary

Synovus Financial Corp. filed a current report to share updated materials related to its previously announced merger with Pinnacle Financial Partners, Inc.. The company is furnishing excerpts of an investor presentation dated December 1, 2025 that provide additional supplemental information, showing how the planned combined company would look if the merger had occurred on September 30, 2025.

Synovus is also filing updated unaudited pro forma condensed combined financial statements for Synovus and Pinnacle. These include income statements for the nine months ended September 30, 2025 and for the year ended December 31, 2024, as well as a combined balance sheet as of September 30, 2025, all adjusted as if the merger had taken place on specified earlier dates. The company emphasizes that these pro forma figures are based on assumptions and estimates and are not predictions of future results.

Rhea-AI Summary

Synovus Financial Corp. and Pinnacle Financial Partners report that their planned merger has received key bank regulatory approvals, clearing the way for closing. The Federal Reserve Board approved the holding company merger, Pinnacle Bank’s membership in the Federal Reserve System, and the subsequent merger of Synovus Bank into Pinnacle Bank. The Tennessee Department of Financial Institutions and the Georgia Department of Banking and Finance also approved the transaction.

The combined transaction structure has Synovus and Pinnacle merging into a jointly owned Newco, which will be renamed Pinnacle Financial Partners, Inc., followed by the merger of Synovus Bank into Pinnacle Bank, with Pinnacle Bank as the surviving bank. The companies currently expect the transaction to close on January 1, 2026, subject to remaining customary closing conditions. Synovus and Pinnacle issued a joint investor presentation and a joint press release, furnished as Exhibits 99.1 and 99.2.

Rhea-AI Summary

Synovus Financial Corp. reported shareholder approvals for its planned merger with Pinnacle Financial Partners into a newly formed Georgia corporation, Steel Newco Inc. At the November 6, 2025 special meeting, the Merger Agreement was approved with 96,404,615 votes for, 8,926,182 against, and 391,638 abstentions.

Shareholder participation was strong: 105,722,435 shares were represented, equaling 76.16% of the 138,811,843 shares outstanding as of September 26, 2025, establishing a quorum. An advisory vote on merger‑related compensation passed with 54,041,166 for, 51,292,952 against, and 388,317 abstentions; this vote is non‑binding and not a condition to closing. A proposal to permit adjournment, if needed, also passed (99,966,056 for, 5,218,420 against, 537,959 abstentions), though no adjournment was required. Synovus and Pinnacle furnished a joint press release and informational presentation under Item 7.01.

Rhea-AI Summary

Synovus Financial Corp. outlines new details on its pending merger with Pinnacle Financial Partners and related shareholder litigation. Three lawsuits and several stockholder demand letters claim the joint proxy statement/prospectus omits or inadequately describes information about the merger. Synovus, Pinnacle and Newco deny any wrongdoing or legal need for extra disclosure but are issuing supplemental proxy disclosures to avoid delays and reduce litigation risk.

The filing also summarizes valuation work by Centerview and Morgan Stanley. Analysts’ share price targets for Synovus range from $55.00 to $70.00, with a $62.00 median, while Pinnacle targets range from $117.00 to $145.00, with a $130.00 median. Morgan Stanley’s models imply Synovus is valued at 9.9x 2026E EPS and 1.7x tangible book value, and Pinnacle at 13.3x 2026E EPS and 2.0x tangible book value. The merger is estimated to increase Pinnacle’s 2026 and 2027 earnings per share by about 24% and 21%, respectively, but reduce its tangible book value per share by about 9% and its common equity Tier 1 capital ratio by roughly 131 basis points.

Rhea-AI Summary

Synovus Financial Corp. filed an 8-K announcing it furnished a press release with financial results for the three and nine months ended September 30, 2025. The release is provided under Item 2.02 and is furnished, not filed, under the Exchange Act.

The company also furnished an investor slide presentation under Item 7.01. An investor call and webcast are scheduled for October 16, 2025 at 8:30 a.m. ET. Exhibits include the press release (Exhibit 99.1) and the slide deck (Exhibit 99.2).

Rhea-AI Summary

Synovus Financial (SNV) filed an 8-K disclosing a merger-of-equals with Pinnacle Financial Partners. Both holding companies will merge into newly created Steel Newco Inc., which will take the Pinnacle Financial Partners name and continue trading on the NYSE.

Consideration: each Synovus common share converts into 0.5237 Newco shares; each Pinnacle share converts one-for-one. Cash will be paid for fractional shares. All Series D and E Synovus preferred and Pinnacle Series B preferred convert into economically similar Newco preferred.

Governance & management: a 15-member board (8 Pinnacle, 7 Synovus) will be chaired by Pinnacle founder M Terry Turner (non-executive). Synovus CEO Kevin Blair becomes CEO and President; Jamie Gregory becomes CFO; Robert McCabe becomes Vice Chair and Chief Banking Officer. Headquarters: Newco in Atlanta; Pinnacle Bank in Nashville.

Key terms: closing requires shareholder approvals, Federal Reserve and state banking consents, NYSE listing and effective Form S-4. Either party owes a 425 million USD break-up fee if certain termination events occur. Separate two-year employment contracts lock in Blair (1.15 m USD base, 170 pct bonus target, 5.8 m USD LTI) and Gregory (0.675 m USD base, 120 pct bonus, 1.825 m USD LTI).