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Pinnacle and Synovus Receive Federal Bank Regulatory Approval to Combine
Businesswire· 2025-11-26 00:30
Nov 25, 2025 7:30 PM Eastern Standard Time Pinnacle and Synovus Receive Federal Bank Regulatory Approval to Combine Share Merger close anticipated for Jan. 1, 2026 NASHVILLE, Tenn. & COLUMBUS, Ga.--(BUSINESS WIRE)--The proposed combination of Pinnacle Financial Partners (Nasdaq/NGS: PNFP) and Synovus Financial Corp. (NYSE: SNV) has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on Nov. 6, 2025, Pinnacle and Synov ...
Capital City Bank Rises in American Banker’s “Best Banks to Work For” List
Globenewswire· 2025-11-18 12:15
Core Insights - Capital City Bank has been recognized as one of American Banker's "Best Banks to Work For" for the 13th consecutive year, ranking 37 nationwide and 8 among banks with assets between $3 billion and $10 billion, showing significant improvement from its previous year's rankings of 56 and 15 respectively [1] Company Overview - Capital City Bank Group, Inc. is a publicly traded financial holding company based in Florida with approximately $4.3 billion in assets, offering a full range of banking services including traditional deposit and credit services, mortgage banking, asset management, and securities brokerage [5] Employee Engagement and Culture - The recognition reflects the commitment of the bank's associates, emphasizing a workplace culture that values, supports, and inspires personal and professional growth [2] - The bank provides a comprehensive benefits package, including insurance, a stock purchase plan, 401(k), paid time off, and tuition assistance, alongside continuous learning programs to encourage skill development [2] Initiatives for Associate Support - Capital City Bank launched initiatives such as The Spotlight and Navigator to enhance associate engagement and support, focusing on both work-related and personal needs [3][6] Evaluation Process for Rankings - The "Best Banks to Work For" rankings are determined through a two-step evaluation process, with 25% based on workplace policies and practices, and 75% based on associate surveys assessing individual experiences and attitudes [3][4]
Pinnacle Financial Partners Is the No. 4 Best Bank to Work for in the Nation
Businesswire· 2025-11-12 18:07
Core Insights - Pinnacle Financial Partners has been recognized as the No. 4 Best Bank to Work For in the U.S. for 2025, improving from No. 5 in 2024 [1][2] - The bank is the largest in its category, with $56 billion in assets, and has consistently ranked No. 1 or No. 2 among banks with over $10 billion in assets since the rankings began [2][5] - Pinnacle has received multiple workplace awards in 2025, highlighting its commitment to employee satisfaction and corporate culture [3][11] Company Performance - Pinnacle Financial Partners operates with approximately $56 billion in assets as of September 30, 2025, making it the second-largest bank holding company headquartered in Tennessee [6] - The firm has maintained a strong presence in various urban markets across the Southeast and is recognized as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA based on 2025 deposit data from the FDIC [5][6] Awards and Recognition - Pinnacle has been featured in several prestigious lists in 2025, including: - No. 9 on FORTUNE's 2025 100 Best Companies to Work For [5] - No. 3 in FORTUNE's 2025 Best Workplaces in Financial Services and Insurance [3] - No. 4 in FORTUNE's 2025 Best Workplaces for Women, up from No. 8 in 2024 [11] - The firm has appeared on the Best Banks to Work For list for 13 consecutive years since its inception in 2013 [2][5] Employee Engagement - Pinnacle's approach to employee engagement includes a two-step evaluation process for workplace satisfaction, which involves assessing workplace practices and surveying employees [4] - The bank's leadership emphasizes the importance of creating a supportive environment where employees feel valued, which in turn enhances client service [2]
Pinnacle and Synovus to Hold Fireside Chat at Goldman Sachs 2025 U.S. Financial Services Conference
Businesswire· 2025-11-12 16:00
Core Insights - Pinnacle Financial Partners and Synovus Financial Corp. will participate in a joint fireside chat at the Goldman Sachs 2025 U.S. Financial Services Conference to discuss their pending merger [1] - Pinnacle Financial Partners is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA and has grown market share in 22 out of 27 MSAs measured [2] - Pinnacle Financial Partners has approximately $56.0 billion in assets as of September 30, 2025, and is the second-largest bank holding company headquartered in Tennessee [3] Company Overview - Pinnacle Financial Partners provides a comprehensive range of banking, investment, trust, mortgage, and insurance products and services [2] - 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 [2] - Pinnacle Financial Partners has been named in the top five nationwide in FORTUNE magazine's 2025 list of the Best Workplaces for Women, ranking No. 4, up from No. 8 in 2024 [6] Financial Performance - Pinnacle Financial Partners announced a cash dividend of $0.24 per share to be paid on November 28, 2025, to common shareholders of record as of November 7, 2025 [7] - The board also approved a quarterly dividend of approximately $3.8 million, or $16.88 per share, on its 6.75 percent Series B Non-Cumulative Preferred Stock [7] Shareholder Approval - Shareholders of Pinnacle Financial Partners and Synovus Financial Corp. voted in favor of the proposed merger, with approximately 91.5 percent of votes cast in favor at the Synovus special meeting [5]
2 Volatile Stocks to Research Further and 1 We Turn Down
Yahoo Finance· 2025-11-07 04:39
Core Viewpoint - The article discusses two volatile stocks that may offer significant gains and one stock that is recommended for sale, highlighting the importance of careful investment choices in a fluctuating market. Group 1: Stock to Sell - Winnebago (WGO) is identified as a stock to sell, trading at $36.02 per share with a forward P/E of 15.3x [2][4] - The company has a rolling one-year beta of 1.12, indicating moderate volatility [2] Group 2: Stocks to Watch UMB Financial (UMBF) - UMB Financial is a financial holding company with a rolling one-year beta of 1.19, providing various banking and asset management services [5] - The stock trades at $109.20 per share with a forward P/B of 1.1x [7] Pinnacle Financial Partners (PNFP) - Pinnacle Financial Partners has a rolling one-year beta of 1.47 and focuses on delivering big-bank capabilities with community bank personalization [8] - The company has shown impressive annual net interest income growth of 20.1% over the last five years, indicating market share gains [9] - Earnings per share grew by 16.3% annually over the last two years, significantly outperforming peers [9] - The balance sheet strength has improved, with a tangible book value per share growth of 11.6% annually over the last five years [11]
Pinnacle and Synovus Shareholders Vote in Favor of Combining Firms
Businesswire· 2025-11-06 15:30
Nov 6, 2025 10:30 AM Eastern Standard Time Pinnacle and Synovus Shareholders Vote in Favor of Combining Firms Share NASHVILLE, Tenn. & COLUMBUS, Ga.--(BUSINESS WIRE)--At separate meetings held today, shareholders ofPinnacle Financial Partners (Nasdaq/NGS: PNFP) and Synovus Financial Corp. (NYSE: SNV) approved the proposed merger of the two firms. At the Synovus special meeting, preliminary results showed approximately 91.5 percent of the votes cast were in favor of the combination, representing approximatel ...
Thomasville Bancshares, Inc. Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-16 15:09
Core Insights - Thomasville Bancshares, Inc. reported strong financial results for the third quarter of 2025, driven by robust loan demand, stable margins, and high operating efficiency [3][5] - The company is well-positioned for continued strong performance through the remainder of 2025 and beyond, according to its leadership [3] Financial Performance - Net income for the quarter was $11,717,444, a 24% increase from $9,386,870 in the same period last year [5] - Year-to-date (YTD) net income reached $34,049,288, up 18% from $28,950,864 in the previous year [5] - YTD earnings per share were reported at $5.33 (basic) and $5.13 (diluted) [5] - Return on average assets was 2.41%, and return on average tangible equity was 24.73% [5] Asset and Loan Growth - Total assets increased to $1.981 billion, reflecting a $165 million rise compared to the same period in 2024 [5] - Loans grew to $1.710 billion, marking a $196 million increase or 13% year-over-year [5] - Deposits reached $1.673 billion, an increase of $100 million or 6% year-over-year [5] Capital and Investment Services - Regulatory capital stood at $195 million, representing 10.06% of total assets [5] - TNB Financial Services, the company's trust and investment division, manages client assets exceeding $5.3 billion [5] Company Overview - Thomasville Bancshares, Inc. was established in 1995 and operates Thomasville National Bank along with its divisions, holding total assets over $1.9 billion [4] - The bank is recognized as a top-performing community bank, ranking 4th nationally in American Banker's Top 200 Community Banks based on three years average return on shareholders' equity [4]
First Western Financial, Inc. to Report Third Quarter 2025 Financial Results on Thursday, October 23
Globenewswire· 2025-10-06 13:00
Core Viewpoint - First Western Financial, Inc. will release its financial results for the third quarter ended September 30, 2025, after market close on October 23, 2025 [1] Financial Results Announcement - The financial results will be discussed in a conference call scheduled for October 24, 2025, at 10:00 a.m. Mountain Time / 12:00 p.m. Eastern Time [2] - Analysts and investors are invited to participate in a question-and-answer session during the call [2] Conference Call Details - Participants must register for the conference call to receive the dial-in number and personalized PIN code [3] - The conference call will be accessible via a Telephone Access link and will also be webcast live on the investor relations website [4] Company Overview - First Western Financial, Inc. is a financial services holding company based in Denver, Colorado, with operations in multiple states including Colorado, Arizona, Wyoming, California, and Montana [5] - The company offers a comprehensive suite of wealth management services on a private trust bank platform, including deposit, loan, trust, wealth planning, and investment management products [5] - First Western's common stock is traded on the NASDAQ Global Select Market under the symbol "MYFW" [5]
Pinnacle Is the No. 1 Bank in the Nashville MSA by Deposits for the Eighth Consecutive Year, Holds No.
Businesswire· 2025-09-25 18:00
Core Insights - Pinnacle Financial Partners is the largest bank in the Nashville MSA by deposits for the eighth consecutive year, holding $21.34 billion in local deposits, which is 21.72% of the total market and over 64% more than its closest competitor [1][2][18] - The firm also ranks No. 2 in Tennessee with a 12.94% market share, having grown its share in the past 12 months, indicating strong local trust and preference [2][3] - Pinnacle's growth is attributed to its ability to attract and retain top banking talent, with significant investments in personnel leading to deposit growth nine times the industry average during the current rate cycle [4][19] Market Performance - Pinnacle grew deposits in 23 out of 27 MSAs measured by the FDIC, with eight markets experiencing double-digit growth and three markets triple-digit growth [3][4] - The firm added more deposit dollars than any other bank in the Nashville market over the past year, showcasing its competitive edge [1][2] - In Tennessee, Pinnacle was the biggest deposit grower, demonstrating its effectiveness in expanding market share [2][3] Strategic Initiatives - The recent merger agreement with Synovus is expected to enhance Pinnacle's growth trajectory, combining similar cultures and operational excellence [4][25] - Pinnacle hired 161 revenue-producing associates in 2024 and an additional 71 in the first half of 2025, which is a key driver of its growth model [4][19] - The firm has been recognized as one of America's Best Banks to Work For, reinforcing its reputation as an employer of choice in the financial services sector [18][24]
First Hawaiian to Report Second Quarter 2025 Financial Results on July 25, 2025
Globenewswire· 2025-07-07 20:00
Core Viewpoint - First Hawaiian, Inc. plans to release its second quarter 2025 financial results on July 25, 2025, before market opens, followed by a conference call to discuss the results [1] Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be released on July 25, 2025, before the market opens [1] - A conference call to discuss the results will take place on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) [1] Group 2: Conference Call Access - Participants can access the call by registering through a provided link, which will give them a dial-in number and a personalized PIN code [2] - It is recommended that participants dial in fifteen minutes prior to the scheduled start time to avoid delays [2] Group 3: Webcast Information - A live webcast of the conference call, including a slide presentation, will be available on the company's website [3] - An archive of the webcast will also be accessible at the same location [3] Group 4: Company Overview - First Hawaiian, Inc. is a bank holding company based in Honolulu, Hawaii, and its principal subsidiary is First Hawaiian Bank, the oldest and largest financial institution in Hawaii [4] - The company offers a wide range of banking services, including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card, and merchant processing services [4] - Customers can access their accounts through ATMs, online, and mobile banking channels [4]