Atlanta, Georgia, January 2, 2026
Pinnacle Financial Partners and Synovus Financial Corp. have merged to create a significant new entity in regional banking, enhancing Atlanta’s financial landscape. This strategic alliance aims to improve service offerings for businesses and individuals and strengthen local economies, particularly benefiting small businesses and entrepreneurs in Georgia. The merged entity will operate under the Pinnacle brand and represents a commitment to economic growth in the Southeast.
Atlanta, GA
Merger Forges Regional Banking Powerhouse, Bolstering Atlanta’s Financial Landscape
The recent merger of Pinnacle Financial Partners and Synovus Financial Corp. creates a significant new entity in the regional banking sector, establishing a powerful financial institution with its holding company headquarters proudly located in Atlanta, Georgia. This strategic combination underscores the dynamic nature of our nation’s financial markets and the ongoing drive for efficiency and expanded reach, promising enhanced capabilities for businesses and individuals across the Southeast.
This development is a testament to the robust economic environment that encourages strategic partnerships and growth. Such consolidations often lead to stronger, more competitive institutions capable of fueling entrepreneurial ventures and supporting the vibrant Atlanta GA business community. By uniting their strengths, these banks aim to deliver a wider array of services and greater financial stability, which can be a boon for local economies and Georgia entrepreneurs seeking capital and expert guidance.
A Union for Growth and Expanded Reach
On January 2, 2026, Pinnacle Financial Partners, Inc. officially completed its merger with Synovus Financial Corp., creating a combined bank holding company that is set to become a regional growth champion. The merger, initially announced on July 24, 2025, involved an all-stock transaction valued at approximately $8.6 billion. This significant move is poised to establish one of the strongest mid-sized financial institutions in the country.
The new entity operates under the unified name of Pinnacle Financial Partners. While both the Pinnacle and Synovus brands will continue to operate independently until early 2027, the long-term vision involves a full consolidation under the Pinnacle brand. This deliberate approach to integration aims to ensure a smooth transition for clients and associates alike, a mark of prudent management in an evolving market.
Strategic Leadership and Geographic Strength
Leadership for the newly combined organization is structured to leverage the strengths of both legacy institutions. Kevin Blair, previously Chairman, CEO, and President of Synovus, now serves as the President and CEO of the enlarged Pinnacle Financial Partners. Terry Turner, who was Pinnacle’s President and CEO, has transitioned to Chairman of the board. This blend of experienced leadership is critical for navigating the complexities of integration and driving future growth.
With its holding company headquarters in Atlanta, Georgia, and the bank’s headquarters in Nashville, Tennessee, the combined firm establishes a dual anchor in key Southern economic hubs. This positioning offers a strategic advantage in serving the dynamic markets of the Southeast and Atlantic coast. The merged entity now boasts an expansive network of over 400 locations across nine states, enhancing accessibility and service capabilities for its diverse client base.
Empowering Small Businesses and Entrepreneurs
The increased scale resulting from this merger, with approximately $117.2 billion in assets, $95.7 billion in deposits, and $80.4 billion in loans as of September 30, 2025, positions the new Pinnacle to offer greater lending capacity and a broader suite of financial solutions. This expanded capability is particularly beneficial for Atlanta small business owners and Georgia entrepreneurs. Access to robust financial services and capital is the lifeblood of innovation and expansion, enabling local businesses to grow, create jobs, and contribute to the overall economic vitality of our communities.
A stronger regional bank, free from excessive bureaucratic burdens, can more efficiently allocate resources to support local ventures. This focus on empowering the private sector through accessible financing and tailored banking products is crucial for fostering a competitive and thriving economic landscape. Pinnacle Financial Partners has demonstrated a commitment to community, including opening a Pinnacle Economic Empowerment Resource (PEER) Center in Georgia to provide financial education and support to underserved communities.
Impact on Atlanta’s Economic Development
Atlanta’s status as a burgeoning financial center is further solidified by the establishment of the combined holding company’s headquarters in the city. This decision reflects Atlanta’s strategic importance, its robust infrastructure, and its growing pool of talent. Such an infusion of corporate leadership not only creates high-value jobs but also attracts further investment and talent, stimulating a positive ripple effect throughout the local economy.
The presence of a major regional bank, particularly one focused on high-growth markets, can significantly influence regional economic development. By providing stable financial services, investment capital, and expert advice, the institution becomes an integral partner in the prosperity of local businesses and individuals. This private-sector driven growth, supported by efficient financial institutions, is a cornerstone of a healthy and expanding economy.
A Foundation for Future Prosperity
The merger of Pinnacle Financial Partners and Synovus Financial Corp. represents more than just a corporate transaction; it signifies a strategic alignment aimed at fostering economic resilience and growth across the Southeast, with a strong commitment to Georgia. The combined entity is well-positioned to capitalize on market opportunities, provide enhanced services to clients, and contribute to the flourishing business environment in Atlanta and beyond.
As this new financial leader continues to integrate its operations and expand its influence, it offers promising avenues for both established businesses and burgeoning startups. We encourage all residents and business leaders to remain engaged with these developments and actively support the local financial ecosystem that drives job creation and fosters personal achievement. The future of Atlanta’s economic growth is built on such innovative partnerships and the sustained determination of its entrepreneurial spirit.
Frequently Asked Questions (FAQ)
Q: When did the merger between Pinnacle Financial Partners and Synovus Financial Corp. become complete?
A: The merger of the bank holding companies was completed on January 1, 2026, and the bank merger was completed on January 2, 2026.
Q: What is the combined asset size of the merged entity?
A: As of September 30, 2025, the newly merged entity has approximately $117.2 billion in assets.
Q: Where will the headquarters of the combined company be located?
A: The headquarters of the combined holding company will be in Atlanta, Georgia, while the bank’s headquarters will be in Nashville, Tennessee.
Q: What will be the name of the new combined bank?
A: The combined entity will operate under the Pinnacle Financial Partners name and brand. Both Pinnacle and Synovus brands will continue until early 2027, when they will consolidate under the Pinnacle brand.
Q: What is the geographic reach of the merged bank?
A: The combined bank now operates more than 400 locations across nine Southeastern and Atlantic coast states, with multiple banking specialties having Nationwide scope.
Key Features of the Pinnacle and Synovus Merger
| Feature | Detail | Scope |
|---|---|---|
| Merger Completion Date | January 1, 2026 (holding companies), January 2, 2026 (bank merger) | Nationwide |
| Combined Assets (as of Sept. 30, 2025) | Approximately $117.2 billion | Nationwide |
| Combined Deposits (as of Sept. 30, 2025) | Approximately $95.7 billion | Nationwide |
| Combined Loans (as of Sept. 30, 2025) | Approximately $80.4 billion | Nationwide |
| Holding Company Headquarters | Atlanta, Georgia | State-level |
| Bank Headquarters | Nashville, Tennessee | State-level |
| New Company Name | Pinnacle Financial Partners (with brand consolidation by early 2027) | Nationwide |
| Geographic Footprint | More than 400 locations across nine Southeastern and Atlantic coast states | Nationwide |
| Transaction Value | $8.6 billion (all-stock deal) | Nationwide |
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Author: STAFF HERE ATLANTA WRITER
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