NYSE:PNFPBanks
Pinnacle Synovus Merger Creates Larger Regional Bank To Test Growth Story
Pinnacle Financial Partners has completed an all stock merger with Synovus Financial.
The combined bank will operate under the Pinnacle brand across an expanded southeastern U.S. footprint.
The transaction creates a larger regional institution with broader deposit, lending, and service capabilities.
For shareholders tracking NYSE:PNFP, the merger comes at a time when the stock trades at $95.09 and has seen a 23.0% decline over the past year, alongside gains of 19.7% over three years and...