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.

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Synovus Offers An Attractive Mix Of Organic And Macro Growth

Synovus (SNV) announces a 3% sequential hike in its quarterly cash dividend. Should you consider holding the stock in your portfolio based on dividend income?

Synovus (SNV) Rewards Shareholders With 3% Dividend Hike

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) President and CEO Kevin Blair will deliver a presentation at the Raymond James Institutional Investors Conference in Orlando on Tuesday, March 8, 2022, at 7:30 a.m. ET. A live webcast will be available at: https://kvgo.com/rj-43rd-iic/synovus-financial-corporation-march-2022. The webcast and replay will also be available at Synovus' Investor Relations website: http://investor.synovus.com/Event. Synovus Financial Corp. is a fina

Synovus to Present at Raymond James Institutional Investors Conference on March 8

Despite bearing a concentrated loan portfolio, Synovus (SNV) is worth holding on to in your portfolio owing to its strategic initiatives and improving organic growth.

Synovus' (SNV) Organic Growth Profile Aids, Rising Costs Ail

Higher net interest income, lower expenses and reversal of provisions support Synovus Financial's (SNV) Q4 results. Yet, lower net interest margin and weak capital position are significant drags.

Synovus (SNV) Q4 Earnings & Revenue Beat, Stock Down 3.8%

Synovus Financial Corp.'s (SNV) CEO Kevin Blair on Q4 2021 Results - Earnings Call Transcript

Synovus (SNV) delivered earnings and revenue surprises of 22.73% and 2.80%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Synovus Financial (SNV) Q4 Earnings and Revenues Beat Estimates

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter and year ended December 31, 2021. 2021 Highlights Net income available to common shareholders for 2021 was $727.3 million or $4.90 per diluted share as compared to $340.5 million or $2.30 per diluted share for 2020. Adjusted earnings per diluted share for 2021 were $4.95 as compared to $2.41 for 2020, an increase of 106%. Period-end loan growth of $2.9 billion or 8% excluding Pay

Synovus Announces Earnings for the Fourth Quarter 2021

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Synovus Financial (SNV) expands the digital banking experience and the commercial credit card portfolio with a mobile virtual commercial credit card solution in partnership with Visa (V).

Synovus (SNV) Unveils Mobile Virtual Commercial Credit Card

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Synovus (SNV) Soars to 52-Week High, Time to Cash Out?

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus today announced a collaboration with Visa to offer a mobile virtual commercial credit card solution. The new solution enables businesses to instantly generate and send virtual Visa credit cards to employees, vendors, and contractors through a mobile app and leverages Visa Commercial Pay, a suite of business-to-business payment solutions designed to improve cash flow and eliminate manual processes. With the new offering, clients have more visibility and co

Synovus to Offer a New Mobile Virtual Visa Commercial Credit Card Solution

Despite bearing a concentrated loan portfolio, Synovus (SNV) is worth retaining in your portfolio on the back of its strategic initiatives and improving organic growth.

Synovus' (SNV) Organic Growth Moves Aid, High Costs Ail

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COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce fourth quarter 2021 results on Thursday, January 20, 2022. An earnings press release will be published prior to the earnings conference call, which will begin at 8:30 a.m. ET. A live audio webcast and slides will be available with the press release and tables at http://investor.synovus.com/event. A replay will be posted on the company's website approximately one hour after the call ends and will be available with

Synovus to Announce Fourth Quarter 2021 Results on January 20, 2022

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today announced its 2022 Investor Day event will be held on Tuesday, February 8, 2022, from 8 a.m. to 12 p.m. ET. During the event, President and CEO Kevin Blair, CFO Jamie Gregory, and other members of the Synovus executive leadership team will present the company's business drivers and strategic plans for building the bank of the future. The event will be accessible in-person and via a live webcast on Synovus' 2022 Investor D

Synovus to Host 2022 Investor Day on Tuesday, February 8

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) President and CEO Kevin Blair and CFO Jamie Gregory will present at the Goldman Sachs 2021 US Financial Services Conference on Tuesday, December 7, 2021, at 4:20 p.m. ET. A live webcast and replay will be available at Synovus' Investor Relations website: http://investor.synovus.com/Event. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $56 billion in assets. Synovus provide

Synovus to Present at Goldman Sachs 2021 US Financial Services Conference

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COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) President and CEO Kevin Blair and CFO Jamie Gregory will present at the virtual BofA Banking and Financials Conference 2021 on Tuesday, November 9, 2021, at 10:30 a.m. ET. A live webcast will be available at: https://bofa.veracast.com/webcasts/bofa/bankingfinancials2021/id9t1mrP.cfm. The webcast and replay will also be available at Synovus' Investor Relations website: http://investor.synovus.com/Event. Synovus Financial Corp. i

Synovus to Present at the BofA Banking and Financials Conference 2021

Synovus' (SNV) Q3 earnings reflect solid revenues and improved organic growth despite a low-rate economy that hurt margins.

Synovus (SNV) Stock Up 3.56% on Q3 Earnings & Revenue Beat

Synovus Financial Corp. (SNV) CEO Kevin Blair on Q3 2021 Results - Earnings Call Transcript

Synovus (SNV) delivered earnings and revenue surprises of 12.15% and 2.43%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Synovus Financial Stock (SNV)