Synovus Financial

Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and other securities. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Synovus reports 19% net income growth, focuses on stability and client trust

Synovus' Q1 performance reflects strong net income growth and a focus on stability and trusted client relationships. While facing challenges such as nonperforming loans and potential adjustments to profitability targets, the company sees opportunities in optimizing the balance sheet and attracting top talent.

Synovus reports strong Q2 performance, focuses on expense reduction

Synovus demonstrated resilience in a challenging economic environment, with strong deposit production and a focus on expense reduction. While facing challenges in loan and deposit growth, the bank's strategic adjustments and focus on client growth present opportunities for future performance.

Synovus reports Q3 earnings, focuses on balance sheet optimization

Synovus' Q3 2023 performance reflects challenges from higher deposit costs but also demonstrates strengths in balance sheet optimization and potential revenue opportunities. The bank's focus on maintaining a strong capital position and managing expenses aligns with the macroeconomic uncertainty. Opportunities lie in the reallocation of capital, potential revenue benefits from partnerships, and early positive signs from strategic initiatives.

Synovus reports healthy Q4 earnings and outlines strategic initiatives

Synovus delivered healthy financial performance in Q4 2023, with a focus on growth, client experience, deepening relationships, and preserving safety and soundness. The company's strategic initiatives include expense rationalization, core deposit growth, and a shift towards money market deposits in 2024.

Synovus reports steady growth amidst revenue challenges and margin pressure

Synovus demonstrated solid performance with steady loan and core deposit growth, despite challenges in noninterest revenue and potential margin pressure. The company's strengths lie in service excellence, client satisfaction, and strategic focus on growth opportunities. By addressing challenges and leveraging opportunities, Synovus aims for continued growth and profitability.

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Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company operates through the following segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services (FMS). The Community Banking business segment serves customers using a relationship-based approach through its branch, ATM, commercial, and private wealth network in addition to mobile, Internet, and telephone banking. The Wholesale Banking business segment serves primarily larger corporate customers by providing commercial lending and deposit services through specialty teams including middle market, CRE, senior housing, national accounts, premium finance, structured lending, healthcare, asset-based lending, and community investment capital. The Consumer Banking business segment serves individual and small business clients through its branch and ATM network, in addition to digital and telephone channels. The Financial Management Services (FMS) business segment serves its customers by providing mortgage and trust services and specializing in professional portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, asset management, financial planning, and family office services, as well as the provision of individual investment advice on equity and other securities. It offers private banking, treasury management, wealth management, premium finance and international banking, commercial and retail banking, financial management, insurance, and mortgage services to its customers. The company was founded in 1972 and is headquartered in Columbus, GA.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Synovus Financial (SNV) have what it takes?

Synovus Financial (SNV) is a Top Dividend Stock Right Now: Should You Buy?

Synovus (SNV) reported earnings 30 days ago. What's next for the stock?

Synovus (SNV) Down 2.3% Since Last Earnings Report: Can It Rebound?

Investors were already nervous about Synovus given its acquisition of FCB, and spread compression worries are an unwelcome addition to the wall of worry.

Yield Curve Concerns Are Yet Another Worry For Synovus

Synovus Financial's (SNV) Q2 results highlight top-line strength, aided by higher loan balances and fee income.

Synovus (SNV) Stock Up 2.24% on Q2 Earnings & Revenue Beat

Synovus Financial Corp. (SNV) CEO Kessel Stelling on Q2 2019 Results - Earnings Call Transcript

Synovus (SNV) delivered earnings and revenue surprises of 1.01% and 1.68%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Synovus Financial (SNV) Surpasses Q2 Earnings and Revenue Estimates

Synovus Financial (SNV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Synovus Financial (SNV)

Why Synovus Financial (SNV) Might Surprise This Earnings Season

Synovus Financial (SNV) rewards shareholders with additional share-repurchase authorization worth $325 million.

Synovus (SNV) Unveils Share-Buyback Plan: Worth a Look?

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Moody's Investors Service upgrades ratings of Synovus (SNV), however, keeps the company's outlook at "stable".

Synovus' (SNV) Ratings Upgraded by Moody's, Outlook Stable

Let's see if Synovus Financial Corp. (SNV) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Synovus Financial (SNV) Stock a Suitable Value Pick Now?

Synovus (SNV) Down 4.3% Since Last Earnings Report: Can It Rebound?

SNV is a $45 billion major bank in the southeast and has moved up to the fifth-largest in the region after acquiring FCB, a Florida based community bank.

Synovus Financial: A Great Bank, Fairly Valued

Synovus Financial's (SNV) first-quarter 2019 results highlight top-line strength, aided by higher loan and deposit balances.

Synovus (SNV) Stock Up 3.6% on Q1 Earnings &amp; Revenue Beat

Synovus Financial Corp. (SNV) CEO Kessel Stelling on Q1 2019 Results - Earnings Call Transcript

Synovus (SNV) delivered earnings and revenue surprises of 8.89% and 3.48%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Synovus Financial (SNV) Beats Q1 Earnings and Revenue Estimates

Synovus Financial: Dividend Powerhouse Not Slowing Down

This is Why Synovus Financial (SNV) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Synovus Financial (SNV) have what it takes? Let's find out.

News for Synovus Financial Stock (SNV)