Pinnacle Financial Partners, Inc.

Pinnacle Financial Partners provided an update on its business and financial outlook for 2026, including projections for the second quarter. The company expects full-year adjusted revenue to trend towards $5.05B-$5.10B and period-end loans to reach the high end of its $91.0B-$93.0B range. Key activities include accelerating revenue producer hiring, progressing with merger integration, and executing liquidity actions like issuing $750 million in senior debt and selling $1.0B in municipal securities.

Pinnacle Financial Partners, Inc. completed its previously announced public offering of $750 million aggregate principal amount of 5.596% Fixed Rate / Floating Rate Senior Notes due 2032. The notes will bear a fixed interest rate of 5.596% annually until May 2031, then transition to a floating rate based on the Secured Overnight Financing Rate (SOFR) plus 1.70% until maturity in May 2032. This financing was registered under the company's shelf registration statement.

Pinnacle Financial Partners, Inc. entered into an Underwriting Agreement on May 12, 2026, to sell $750 million aggregate principal amount of its 5.596% Fixed Rate / Floating Rate Senior Notes due 2032. The offering was made pursuant to the company's shelf registration statement. The transaction, involving underwriters including Morgan Stanley, RBC Capital Markets, and Goldman Sachs, is expected to close on May 19, 2026.

Pinnacle Financial Partners, Inc. announced the completion of its merger with Synovus Financial Corp. and Legacy Pinnacle on January 1, 2026, forming a new combined entity under the Pinnacle Financial Partners name. The company filed unaudited pro forma condensed combined financial information, reflecting the merger as if it occurred on December 31, 2025, for the balance sheet and January 1, 2025, for the income statement. The pro forma financials show combined total assets of $120.33 billion and net income attributable to shareholders of $1.08 billion for the year ended December 31, 2025.

Pinnacle Financial Partners reported its Q1 2026 results, significantly impacted by the merger with Synovus Financial Corp. which closed on January 1, 2026. The company's net income increased to $150 million from $140 million year-over-year, but diluted earnings per share decreased to $0.89 from $1.77 due to the increased share count from the acquisition. Total assets and deposits more than doubled, reflecting the combined entity, while the quarter also included $275 million in merger-related expenses.

Pinnacle Financial Partners, Inc. announced its financial results for the three-month period ended March 31, 2026, through a press release issued on April 22, 2026. The company also provided a slide presentation for investors. An investor call and webcast are scheduled for April 23, 2026, at 8:30 a.m. ET to discuss these results.