Synovus Financial's Series E preferred shares offer an 8.3% dividend yield, making them a great fixed income investment option among the bank's preferred shares. The bank's net interest margin improved in Q1 due to a favorable drop in borrowing yields, positioning it well if interest rates continue to decline. Loan growth has been flat, but deposit growth has slightly outpaced it, reducing the ...
Synovus shares have dropped 30% from highs despite strong Q1 results, creating a potential buying opportunity. Q1 earnings of $1.30 beat estimates by $0.18, driven by a 6% revenue growth and improved credit quality. Synovus has a solid deposit mix and loan portfolio, with a focus on business lending and reduced CRE exposure.
Synovus Financial Corp. (NYSE:SNV ) Q1 2025 Earnings Conference Call April 17, 2025 8:30 AM ET Company Participants Jennifer Demba - Head of IR Kevin Blair - Chairman, President & CEO Jamie Gregory - EVP & CFO Anne Fortner - EVP & Chief Credit Officer Conference Call Participants Jon Arfstrom - RBC Capital Markets Anthony Elian - JPMorgan Jared Shaw - Barclays Gary Tenner - D.A. Davidson Bernar...
I present a list of 17 companies with upcoming dividend increases, highlighting those with over 10% increases and an average streak length of 11 years. My investment strategy focuses on buying, holding, and expanding stakes in companies that consistently increase dividends and outperform relevant benchmarks. I utilize data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify co...
ATLANTA--(BUSINESS WIRE)--One of Atlanta's cherished live music venues is getting a new name, as Synovus Bank becomes the naming rights partner for Chastain Park Amphitheater.
COLUMBUS, Ga.--(BUSINESS WIRE)--The board of directors of Synovus Financial Corp. has declared quarterly dividends.
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