Synovus Financial (NYSE: SNV)
Synovus Financial Return vs. S&P
1 Year | 5 Year | 5 Year Annualized | Since IPO |
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Synovus Financial Company Info
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.
News & Analysis
New Efficiency Initiatives Continue to Make Synovus Financial a Compelling Play
The bank, which is already expected to perform well, recently announced additional efforts on its Synovus Forward initiative that will likely make the bank more profitable long term.
This Bank Stock Is Ready to Break Out in 2021
This bank is operating in great markets and conducting a big initiative that should really improve efficiency.
Why Shares of Synovus Financial Soared on Tuesday
Earnings came in better than expected.
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Valuation
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