Welcome to our dedicated page for Synovus Financia news (Ticker: SNV), a resource for investors and traders seeking the latest updates and insights on Synovus Financia stock.
This page provides historical and transaction-related news for Synovus Financial Corp. (former NYSE: SNV), a financial services company that was based in Columbus, Georgia. Company news and press releases describe Synovus as a provider of commercial and consumer banking, along with specialized offerings such as wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking, with branches in Georgia, Alabama, Florida, South Carolina and Tennessee.
Recent coverage is dominated by the combination of Synovus Financial Corp. with Pinnacle Financial Partners, Inc. News items detail shareholder approvals of the merger, regulatory clearances from the Federal Reserve and state banking regulators, and the closing of the transaction on January 1, 2026. Subsequent releases from Pinnacle highlight the new holding company structure, leadership roles, board composition for the combined firm, and symbolic events such as ringing the opening bell at the New York Stock Exchange to mark the firm’s new listing.
Earlier Synovus news includes dividend declarations on its common and preferred stock, debt issuance such as subordinated bank notes, investor conference presentations, and community initiatives like a donation to Feeding America to support families in Alabama, Georgia, Florida, South Carolina and Tennessee. Together, these items trace Synovus’ evolution from a standalone regional bank to part of a larger combined organization.
Investors and researchers can use this news feed to follow the timeline of the Synovus–Pinnacle merger, understand the rationale and structure of the transaction as described by management, and review historical announcements related to Synovus’ capital actions and community engagement before its merger and delisting.
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Synovus Financial Corp. (NYSE: SNV) has appointed Stacy Apter, Vice President, Treasurer, and Corporate Finance at The Coca-Cola Company, to its Board of Directors during the 2023 Annual Meeting of Shareholders held on April 26, 2023. Apter brings extensive experience, including her roles in capital management and risk strategies at Coca-Cola since 2005. Her insights in corporate finance and cultural transformation are expected to strengthen Synovus's leadership. Chairman and CEO Kevin Blair expressed confidence that Apter's expertise will enhance the company's strategic direction and shareholder value. Synovus operates with approximately $62 billion in assets, providing a wide range of banking and financial services across multiple states.
Synovus Financial Corp. (NYSE: SNV) reported strong first-quarter 2023 results, achieving a net income of $193.9 million, or $1.32 per diluted share, a 19% increase from the prior year. Adjusted diluted EPS rose to $1.33, marking a 23% rise year-over-year. Total revenue hit $613.9 million, up 23%, largely due to robust loan growth and higher interest rates. Pre-provision net revenue also grew by 30% year-over-year to $292 million. The company saw a sequential increase in total loans by $328.6 million, reaching $44.04 billion, and total deposits rose by $1.08 billion to $49.95 billion. The CET1 capital ratio improved to 9.76%, reflecting ongoing healthy capital generation. However, net interest income fell 4% from the previous quarter to $480.8 million due to rising deposit costs.
Synovus Financial Corp. (NYSE:SNV) has published its 2022 Annual Report, highlighting record financial achievements despite economic fluctuations. CEO Kevin Blair emphasized the company's adept maneuvering through challenging conditions and the momentum heading into 2023. With approximately $60 billion in assets, Synovus offers a wide range of banking services across several states, including Georgia, Alabama, South Carolina, Florida, and Tennessee. The report outlines the company's relationship-centric approach to banking and its commitment to helping clients and communities thrive. Synovus is recognized as a Great Place to Work.
Synovus Bank has announced a commitment of
Synovus emphasizes its dedication to community support, with Executive Vice President Alison Dowe stating that investing in nonprofits reflects the bank's core values. The 2024 Corporate Donations Program application will open on
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Synovus Financial Corp. (NYSE: SNV) is set to announce its first quarter 2023 results on April 20, 2023, with an earnings press release published prior to the earnings conference call at 8:30 a.m. ET. The company, headquartered in Columbus, Georgia, manages approximately $60 billion in assets and offers a wide range of financial services including commercial and consumer banking. The event will be accessible via a live audio webcast, with a replay available on its website for a year following the call.
The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared quarterly dividends for shareholders. Common stock will receive
The Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, will yield
Synovus Financial Corp. (NYSE: SNV) will have its Chairman and CEO, Kevin Blair, present at the Raymond James & Associates 44th Annual Institutional Investors Conference on March 7, 2023, at 9:50 a.m. ET. A webcast of the presentation will be available on Synovus’ investor relations website.
Based in Columbus, Georgia, Synovus has approximately $60 billion in assets, offering a range of financial services including commercial and consumer banking, wealth management, and more across Georgia, Alabama, South Carolina, Florida, and Tennessee.