Core Points - Shareholders of Pinnacle Financial Partners and Synovus Financial Corp. have approved the merger, with 92.2% and 91.5% of votes in favor respectively [1][2] - The merger is expected to create a leading regional bank focused on sustainable revenue and EPS growth, enhancing shareholder returns [2] - The merger is anticipated to close in the first quarter of 2026, pending regulatory approvals and other customary closing conditions [3][4] Pinnacle Financial Partners - Pinnacle Financial Partners has approximately $56.0 billion in assets as of September 30, 2025, and is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA according to 2025 FDIC deposit data [5][6] - The firm has been recognized as one of America's Best Banks to Work For for 12 consecutive years and ranked No. 9 on FORTUNE magazine's 2025 list of 100 Best Companies to Work For [5] - Pinnacle began operations in October 2000 and has grown significantly, operating in several urban markets across the Southeast [6] Synovus Financial Corp. - Synovus Financial Corp. has approximately $60 billion in assets and operates 244 branches across five states [8] - The company offers a full suite of financial services, including commercial and consumer banking, wealth services, and capital markets [8] - Synovus is recognized as a Great Place to Work-Certified Company [8]
Pinnacle and Synovus Shareholders Vote in Favor of Combining Firms