Pinnacle sees major deposit growth in Charleston as it rises to be the No. 6 bank in South Carolina by deposits

Firm's local teams continue growth while serving clients through integration with Synovus

CHARLESTON, S.C., Sept. 23, 2026 - Pinnacle Financial Partners continued to grow across South Carolina, reaching $6.7 billion in deposits at June 30, 2026, according to newly released FDIC data. Pinnacle now ranks No. 6 statewide, with 5.0% market share, up from No. 7 a year prior.

"We're grateful that our clients continued to put their confidence in Pinnacle, and we're proud of the team members who protected those relationships during a time of transition," said Rick Callicutt, Pinnacle chairman Carolinas and Virginia. "While work to bring Pinnacle and Synovus together moved forward, our local teams kept serving clients, pursuing opportunities and bringing more of the best banking talent in the state to our offices. That has given us major momentum to finish the year strong."

Here are highlights of results from the state's local markets.

Charleston

• No. 4 by deposits with $2.4 billion
• 9.2% market share
• $192 million added
• 9% pro forma combined growth

Columbia

• No. 5 by deposits with $1.6 billion
• 5.9% market share
• ·-$8 million

Spartanburg

• No. 8 by deposits with $302 million
• 4.5% market share
• $21 million added
• 8% pro forma combined growth

Hilton Head Island-Bluffton-Port Royal

• No. 10 by deposits with $166 million
• 2.4% market share
• ·-$2 million

Myrtle Beach-Conway-North Myrtle Beach

• No. 6 by deposits with $833 million
• 6.9% market share
• ·-$42 million
• Despite the reduction, Pinnacle moved up one spot in the ranking.

Greenville-Anderson-Greer

• No. 10 by deposits with $716 million
• 2.7% market share
• $25 million added
• 4% pro forma combined growth

Across Pinnacle's footprint, the firm grew deposits in 39 MSAs measured by the FDIC and gained share in 29. The firm holds the No. 1 position in six markets across the Southeast, including Nashville, TN, and Columbus, GA, and is top 3 in 15 markets. In Nashville, Pinnacle is the No. 1 bank by deposits with $22.7 billion, and in Atlanta, No. 4 with $17.1 billion.

These results come during Pinnacle's first year as a combined company following its January 2026 merger with Synovus. Throughout integration, local financial advisors have continued to serve clients and pursue new relationships while dedicated teams work on the operational integration behind the scenes. At the same time, local leaders have kept Pinnacle's recruiting engine running, adding even more experienced financial professionals with deep local relationships and expertise.

About Pinnacle Financial Partners

Pinnacle Financial Partners, Inc. ("Pinnacle") is a $129.1 billion asset regional bank which provides a full range of banking, investment, trust, mortgage and insurance products and services for commercial and consumer clients who want a comprehensive relationship with their financial institution. The firm joined forces with Synovus Financial Corp. in 2026, bringing together more than 160 years of combined banking service. Pinnacle is the largest bank headquartered in Tennessee and the largest bank holding company headquartered in Georgia. The firm is No. 1 in deposit market share* in the Nashville MSA and No. 4 in the Atlanta MSA with offices in Tennessee, Georgia, Florida, North Carolina, South Carolina, Alabama, Kentucky, Virginia and Maryland.

Pinnacle is an employer of choice for financial services professionals. The firm is No. 12 in the Fortune 100 Best Companies to Work For® in 2026, its 10th consecutive appearance. Pinnacle was also recognized by American Banker as No. 4 among America's Best Banks to Work For in 2025, its 13th consecutive year on the list, and No. 1 among banks with more than $10 billion in assets. Learn more about Pinnacle at PNFP.com.

*As of June 30, 2026, according to FDIC data.