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Synovus ( (SNV) ) has issued an update.
On November 6, 2025, Synovus Financial Corp. held a special meeting where shareholders approved the merger with Pinnacle Financial Partners into a new entity, Steel Newco Inc. The merger aims to create a leading regional bank with strong growth potential. The merger proposal received overwhelming support, with 91.5% of Synovus shareholders and 92.2% of Pinnacle shareholders voting in favor. The merger is expected to close in the first quarter of 2026, pending regulatory approvals and other conditions. This strategic move is anticipated to enhance the companies’ market positioning and operational synergies, benefiting stakeholders through increased profitability and growth.
The most recent analyst rating on (SNV) stock is a Hold with a $49.00 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
Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. It offers commercial and consumer banking, wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, and international banking. As of September 30, 2025, Synovus operates 244 branches across Georgia, Alabama, Florida, South Carolina, and Tennessee.
Average Trading Volume: 1,580,954
Technical Sentiment Signal: Hold
Current Market Cap: $6.21B
See more data about SNV stock on TipRanks’ Stock Analysis page.