Will there be any updates on loan growth, deposit trends, or credit quality for Pinnacle and Synovus?
No concrete operational updates have been released yet.
The only information in the marketâwide news is that Pinnacle Financial Partners (PNFP) and Synovus (SNV) CEOs will sit down for a fireside chat at the Barclays Financial Services Conference onâŻSept.âŻ9. The release does not contain any forwardâlooking statements on loanâgrowth, depositâtake, or creditâquality metrics for either bank. As a result, investors currently have no new data points to adjust earnings forecasts or creditârisk models.
What to expect and how to position now
Historically, these conference calls are where management teases quarterly or yearâend performance trendsâoften touching on loanâportfolio expansion, netânew deposits, and delinquency trends. Until the webcast (or its 90âday archive) is reviewed, the market will continue to price the stocks on the most recent SEC filings and analyst estimates. If the CEOs provide positive guidance (e.g., âloan growth accelerating to 8â9% YoYâ or âdeposit inflows outpacing peersâ) the shares could see a shortâterm rally; a cautious tone (e.g., âcreditâquality tightening, higher NPLsâ) would likely pressure the equities and compress the creditârisk spreads.
Actionable takeâaway
- Hold current positions for now. The lack of new fundamentals means the existing valuation remains anchored to the last reported earnings and balanceâsheet data.
- Prepare a quickâfire trade plan: set a modest buyâonâdip trigger (e.g., 1â2% below the 20âday moving average) if the call reveals strongerâthanâexpected loanâgrowth or deposit trends, and a sellâstop (similarly 1â2% above the 20âday average) if creditâquality concerns are highlighted.
- Monitor the webcast on Sept.âŻ9 and the subsequent 90âday archive for any forwardâlooking commentary that could move the loanâgrowth, depositâtake, or creditâquality outlook for either bank. Until then, the market will remain dataâstarved, and price action is likely to be driven more by broader sector sentiment than by firmâspecific fundamentals.