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 Q1 2021

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

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Synovus Financial excels in 2022, eyes revenue growth in 2023

Synovus Financial's strong performance in 2022 was marked by profitable growth, stable credit quality, and a focus on core banking stability. While facing challenges in non-interest revenue and expense management, the company is well-positioned to capitalize on opportunities for revenue growth and profitability enhancement in 2023.

Synovus Financial reports robust Q1 earnings amidst economic challenges

Synovus Financial delivered strong financial results with a focus on stability, client relationships, and prudent risk management practices.
While facing challenges from a changing economic landscape, the company remains proactive in addressing liquidity concerns and optimizing its balance sheet.
Opportunities lie in adjusting strategies for growth, enhancing risk management practices, and strengthening liquidity positions for future resilience.
Overall, Synovus remains committed to delivering high-quality service, adapting to market changes, and investing in community support for sustainable growth.

Synovus Financial reports strong Q2 performance amidst growth challenges

Synovus Financial delivered a strong Q2 performance with a focus on risk management, expense efficiency, and growth initiatives.
While facing challenges in deposit growth and credit metrics, the bank remains confident in its long-term growth potential.
Opportunities lie in reducing wholesale funding, improving liquidity, and driving growth through new deposit initiatives.
Management's commitment to customers, shareholders, and employees remains strong, prioritizing risk management and operational excellence.

Synovus Financial reports stable Q3 performance amid revenue challenges

Synovus Financial's Q3 performance showed stability amidst a challenging interest rate environment. Strategic actions taken include expense control, asset sales, and a focus on relationship-based lending. Challenges in revenue growth and NIM expansion risks require careful management, while opportunities exist in capital building and core business growth.

Synovus Financial reports robust Q4 earnings and outlines growth strategies for 2024

Synovus Financial (SNV) delivered a strong performance in Q4 2023, showcasing growth in key financial metrics and a focus on strengthening its balance sheet. While facing challenges such as CD repricing and portfolio exposure management, the company remains poised to capitalize on opportunities for growth and profitability in 2024. Investors can look forward to continued earnings growth and strategic initiatives aimed at enhancing shareholder value.

Synovus Financial reports steady growth and strategic focus for 2024

Synovus Financial's Q1 2024 performance showcased steady growth in loans and core deposits, disciplined expenses, and strategic initiatives. Despite challenges like margin pressure and managing nonperforming loans, opportunities exist in market-related growth and capital deployment. Overall, a positive outlook is projected with expectations of margin expansion, increased fee income, and well-managed expenses.

Synovus Financial reports Q2 loss but shows resilience and optimism

Synovus Financial's Q2 performance reflected a mix of challenges and strengths, with a focus on expense control and capital management.
While facing revenue growth headwinds, the company's asset quality improvements and revenue enhancement initiatives offer opportunities for future growth.
Overall, Synovus remains optimistic about its financial trajectory and is positioned to navigate the evolving market landscape effectively.

Synovus Financial posts strong Q3 results, eyes sustainable growth

Synovus Financial delivered a strong performance in Q3, marked by solid earnings growth, stable credit quality, and operational efficiency.
Despite challenges from margin pressure and market rate impacts, the company's focus on sustainable growth and profitability positions it well for the future.
With a strong capital position, national recognition for excellence, and a commitment to innovation, Synovus is poised to navigate challenges and seize opportunities.
Management's confidence in achieving sustainable growth underscores a positive outlook for the company's strategic direction and long-term success.

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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.

Synovus Financial has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ''DividendRank'' report.

This Stock Has A 5.80% Yield And Sells For Less Than Book

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

Synovus (SNV) Down 10.3% Since Last Earnings Report: Can It Rebound?

Synovus Financial's (SNV) Q4 results reflect rise in expenses, margin contraction along with higher revenues.

Synovus (SNV) Stock Falls 7% as Q4 Earnings Miss, Costs Rise

Synovus Financial Corp. (SNV) CEO Kessel Stelling on Q4 2019 Results - Earnings Call Transcript

Synovus (SNV) delivered earnings and revenue surprises of -3.09% and 2.75%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Synovus Financial (SNV) Misses Q4 Earnings Estimates

Synovus Still Meaningfully Undervalued, But Also Lacking Quick Fixes To Sentiment

Cheap Synovus Financial Offering Decent Total Return

Why Is Synovus (SNV) Up 9% Since Last Earnings Report?

Synovus Financial's (SNV) Q3 results reflect rise in expenses, margin contraction and poor credit quality.

Synovus (SNV) Stock Down 6% on Q3 Earnings Miss, Costs Rise

Synovus Financial Corp (SNV) CEO Kessel Stelling on Q3 2019 Results - Earnings Call Transcript

Synovus Financial could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Synovus Financial

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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?

Why Synovus Financial (SNV) is a Top Dividend Stock for Your Portfolio

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

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.

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