Synovus Financial Corp. Stock News

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth in Florida by adding new relationship managers in commercial and middle market banking and wealth services.

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth in South Carolina by adding new relationship managers in commercial and middle market banking and wealth services.

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services.

COLUMBUS, Ga.--(BUSINESS WIRE)--The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared quarterly dividends.

ATLANTA--(BUSINESS WIRE)--Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc.

Legendary investor Warren Buffett has recently sold his entire stake in Citigroup to load up on the likes of Constellation Brands, indicating he now sees consumer goods as a better pick than bank stocks.

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.