Synovus Financial Corp. is an American financial services company headquartered in Columbus, Georgia. It operates as a regional bank, providing commercial and retail banking, investment, and mortgage services primarily across the Southeastern United States through hundreds of branches and ATMs.
The company is notable for its significant scale, with approximately $62 billion in assets, and for a major pending acquisition. In July 2025, Pinnacle Financial Partners announced its intent to purchase Synovus in an all-stock deal valued at $8.6 billion. This planned merger is set to create the 28th largest lender in the United States.
Synovus has recently been in the news due to ongoing financial market activity surrounding its stock. Recent headlines have focused on trading dynamics, including acquisitions of its shares by institutional investors and exchange-traded funds (ETFs). Analyst reports have also highlighted factors such as an earnings beat, gains in credit quality, and technical stock indicators, contributing to investor discussion about the company's performance leading up to the anticipated merger.
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- Savant Capital LLC Cuts Stake in Synovus Financial Corp. $SNV - MarketBeat 2025-11-16 19:18 · MarketBeat
- Wellington Management Group LLP Reduces Stake in Synovus Financi - GuruFocus 2025-11-15 10:35 · GuruFocus
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