Day range

$49.92 – $51.79

Open

$51.43

Prev close

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Volume

9.32M

Market cap

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Shares out

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• Merger completionJan 2, 2026

  Pursuant to the Merger Agreement, on the Closing Date, each of Synovus and Pinnacle merged with and into Newco simultaneously, with Newco as the surviving entity (such mergers, collectively, the 'Merger'). In connection with the closing of the Merger, Newco changed its name from Steel Newco Inc. to Pinnacle Financial Partners, Inc.

• Debt issuanceDec 9, 2025

  Synovus Bank issued $500 million aggregate principal amount of its 5.957% Fixed-to-Fixed Rate Subordinated Bank Notes due 2036. The Subordinated Notes will bear interest from December 9, 2025, to January 15, 2031, at a fixed rate of 5.957% per annum and from January 15, 2031, to January 15, 2036, at a fixed rate that will be the Five-year U.S. Treasury Rate plus 2.300% per annum. The Bank intends to use the net proceeds from the sale of the Subordinated Notes for general corporate purposes.

• Investor presentationDec 8, 2025

  Synovus Financial Corp. is scheduled to present at Goldman Sachs 2025 US Financial Services Conference on December 9, 2025 at 11:20 a.m. ET. A copy of the presentation materials to be referenced by Synovus during its discussion, and at additional investor conferences and meetings during December, is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

• Investor presentationDec 1, 2025

  Synovus is furnishing as Exhibit 99.1 to this report on Form 8-K excerpts of an investor presentation, dated as of December 1, 2025, which provides additional supplemental information giving effect to the Merger as if it had occurred on September 30, 2025.

• Merger agreementDec 1, 2025

  on July 24, 2025, Synovus Financial Corp. ('Synovus') entered into an Agreement and Plan of Merger (the 'Merger Agreement') by and among Synovus, Pinnacle Financial Partners, Inc. ('Pinnacle') and Steel Newco Inc., a newly formed Georgia corporation jointly owned by Synovus and Pinnacle ('Newco'). Pursuant to the Merger Agreement, and upon the terms and subject to the conditions set forth therein, Synovus and Pinnacle will each simultaneously merge with and into Newco (such mergers, collectively, the 'Merger'), with Newco continuing as the surviving corporation in the Merger and named Pinnacle Financial Partners, Inc.

Days to cover

2.0

Short interest

3.56M

Avg volume

1.74M

As of Dec 31, 2025 · reported to FINRA twice monthly.

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