Pinnacle Financial Completes Merger with Synovus, Achieving $117.2 Billion in Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Merger Completion: Pinnacle Financial Partners has successfully completed its merger with Synovus on January 1, 2026, resulting in a combined asset total of $117.2 billion, $95.7 billion in deposits, and $80.4 billion in loans, significantly enhancing its market position in the Southeast and Atlantic coast.
- Brand Integration Plan: The merged Pinnacle Bank will consolidate under a single brand by early 2027, which is expected to enhance customer experience and increase market competitiveness, potentially attracting more clients and boosting market share.
- Employee Growth: The merger has expanded the workforce to over 8,000 employees, combining the strengths of both companies to aim for becoming the most profitable regional bank in the U.S., thereby enhancing team cohesion and service capabilities.
- Future Development Blueprint: Integration teams are actively developing a blueprint for future growth, ensuring minimal disruption to client services while planning to provide more merger-related information in 2026, highlighting the company's commitment to enhancing client experience.
Analyst Views on PNFP
Wall Street analysts forecast PNFP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PNFP is 108.50 USD with a low forecast of 95.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
6 Buy
6 Hold
0 Sell
Moderate Buy
Current: 98.000
Low
95.00
Averages
108.50
High
125.00
Current: 98.000
Low
95.00
Averages
108.50
High
125.00
About PNFP
Pinnacle Financial Partners, Inc. is a financial holding company. The Company operates through its wholly owned subsidiary, Pinnacle Bank (the Bank). The Bank is a Tennessee state-chartered bank. It offers a range of lending products, including commercial, real estate and consumer loans to individuals, businesses, and professional entities. The Bank is also focused on offering core deposits, including savings, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts, including access to products offered through various IntraFi Network Deposit programs. It also provides fiduciary and investment services through its Trust & Investment Services department. Its treasury management services include, online wire origination, automated bill pay services, positive pay, and others. It operates approximately 137 offices, including 50 in Tennessee, 41 in North Carolina, 21 in South Carolina, 11 in Virginia, four in Georgia, and four in Alabama.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
