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The latest update is out from Synovus ( (SNV) ).
On July 24, 2025, Synovus Financial Corp. and Pinnacle Financial Partners entered into a Merger Agreement to form a new entity, Steel Newco Inc., which will be named Pinnacle Financial Partners, Inc. The merger will see both companies merge into Newco, with a board comprising eight directors from Pinnacle and seven from Synovus. On December 1, 2025, the companies announced the anticipated board members for Newco, with Terry Turner as non-executive chair and Tim E. Bentsen as lead director. The merger, approved by shareholders and regulators in November, is set to close on January 1, 2026, aiming to create a high-growth regional bank.
The most recent analyst rating on (SNV) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Synovus stock, see the SNV Stock Forecast page.
Spark’s Take on SNV Stock
According to Spark, TipRanks’ AI Analyst, SNV is a Neutral.
The overall stock score for Synovus is driven primarily by its strong financial performance and attractive valuation. Despite the bearish technical indicators, the company’s solid profitability and efficient cash flow management provide a stable foundation. The low P/E ratio and high dividend yield further enhance its appeal. However, the declining revenue growth and increasing debt levels are areas of concern that could impact future performance.
To see Spark’s full report on SNV stock, click here.
More about Synovus
Average Trading Volume: 1,377,647
Technical Sentiment Signal: Strong Buy
Current Market Cap: $6.69B
For detailed information about SNV stock, go to TipRanks’ Stock Analysis page.