Pinnacle Financial Partners is No. 4 in market share for Atlanta and statewide in Georgia

Pinnacle Financial Partners is No. 4 in market share for Atlanta and statewide in Georgia

Firm's local teams continue growth, hold top market share while serving clients through integration with Synovus

Jacksonville, Fla., Sept. 23, 2026 - Pinnacle Financial Partners, which merged with Synovus in 2026, achieved double-digit pro forma combined deposit growth in both Jacksonville and Orlando, reaching the top 10 in market share for the first time in the Jacksonville MSA, according to FDIC deposit data as of June 30, 2026.

In the central and northern parts of the state, Pinnacle has $5.9 billion in deposits across seven MSAs and ranks among the top 20 biggest banks by deposit market share in all of them. The firm also continued to grow statewide, reaching $12.2 billion in deposits and ranking No. 16, with 1.4% market share.

"Our growth in Florida has everything to do with the trust our clients have in us, and our team members who have earned and kept that trust during a year of significant change," said Scott Keith, Pinnacle's state head of Greater Florida. "Our local teams never stopped doing what has always driven Pinnacle's success: taking care of clients, building relationships and bringing more outstanding financial professionals onto the team. These market share results show our strategy is working and our momentum is stronger than ever."

The firm's Jacksonville market saw pro forma combined deposit growth of 38%, rising to No. 10 in market share. In the Orlando-Kissimmee-Sanford MSA, the firm's deposits grew by 19% over the previous year on a pro forma combined basis, placing Pinnacle at No. 11.

Jacksonville

• No. 10 by deposits with $1.1 billion

• 0.9% market share

• $303 million added

• 38% pro forma combined growth
• Pinnacle moved up in ranking and is virtually tied with Nos. 8 and 9 on the list, with No. 8 losing significant deposits and share in the same period.

Orlando-Kissimmee-Sanford

• No.11 by deposits with $1.3 billion

• 1.9% market share

• $214 million added

• 19% pro forma combined growth
• Pinnacle moved up in rank and is within striking distance of the top 10 as No. 10 on the list lost 25% of its local deposits in the period.

Tampa-St. Petersburg-Clearwater

• No. 10 by deposits with $2.4 billion

• 1.8% market share

• $63 million added
• 3% pro forma combined growth
• Pinnacle's deposits in the Tampa MSA have grown by $554 million since July 1, 2024.

Tallahassee

• No. 9 by deposits with $323 million

• 3.9% market share

• -$29 million

• Despite net deposit losses, Pinnacle climbed one spot in the rankings.

Deltona-Daytona Beach - Ormond Beach

• No. 14 by deposits with $206 million
• 1.4% market share
• ·-$13 million
• Despite net deposit losses, maintained market position.

Palm Bay-Melbourne-Titusville

• No. 14 by deposits with $92 million
• 0.8% market share
• $10 million added
• 13% pro forma combined growth
• Grew deposits and market share but down one spot from the previous year.

North Port-Bradenton-Sarasota

• No. 18 by deposits with $396 million
• 1.4% market share
• ·-$45 million

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, Tennessee, and Columbus, Georgia, 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, with 45 new revenue-producing team members hired in Florida, including Jacksonville, Orlando and Tallahassee, through July 15, 2026, 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.