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The Institutional Risk Analyst
Pinnacle + Synovus = ? Update: UMB Financial + Heartland
When Pinnacle Financial Partners, Inc. (PNFP) announced an all-stock transaction last week to acquire Synovus Financial Corp. (SNV), we were unimpressed. The markets sold off on the news and there then followed a series of stock downgrades and credit rating agency actions that were disconcerting to put it mildly.
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Jul 305 min read
Big Banks Good, Small Banks Bad
Based upon the three-month returns through the end of Q1 2024, NYCB ranked at the bottom of the 108 public banks in Peer Group 1.
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Apr 1, 20244 min read
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