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Expected earnings and revenue growth indicate positive trends for SNV. The upcoming merger could also enhance its market position.
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SNV's Q3 earnings are expected to rise to $1.35 per share. Projected revenue of $603.18 million exceeds last year's $564.72 million. SNV shares rose 3.6% to close at $47.84 recently. Pinnacle is merging with Synovus in an $8.6 billion deal. Analysts show mixed ratings with some lowering price targets.
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