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.
Synovus Financial Corp. (NYSE: SNV) reported a strong third quarter of 2021 with net income of $178.5 million, translating to $1.21 per diluted share, marking a 116% year-over-year increase. Adjusted diluted EPS remained stable at $1.20. Total loans grew by $105 million, while core transaction deposits increased by $1.03 billion. Net interest income reached $384.9 million, driven by lower deposit costs. Positive credit quality metrics were noted, with a 0.22% net charge-off ratio. Synovus aims to achieve a $175 million pre-tax run rate benefit by the end of 2022 through efficiency initiatives.
Synovus Financial Corp. (NYSE: SNV) will announce its third quarter 2021 results on October 19, 2021, with a press release issued prior to an earnings conference call at 8:30 a.m. ET. The company, based in Columbus, Georgia, manages approximately
The Board of Directors of Synovus Financial Corp (NYSE: SNV) has declared quarterly dividends: $0.33 per share on common stock, payable on
Synovus Financial Corp. (NYSE: SNV) has appointed Meredith Forrester as executive vice president and chief audit executive, effective September 8. Forrester, previously at Truist, brings extensive experience in risk management and audit. She succeeds Steve Sawyer, who retires after 41 years, including 18 as chief audit executive. Synovus, with approximately $55 billion in assets, operates 285 branches across Georgia, Alabama, South Carolina, Florida, and Tennessee, offering commercial and retail banking services.
Synovus Financial Corp. (NYSE: SNV) reported its Q2 2021 financial results, with net income of $177.9 million ($1.19 per diluted share), up $0.62 YoY. Adjusted diluted EPS was $1.20, a minor drop from Q1. Total loans decreased by $569.1 million (1%) due to a decline in PPP loans. Total deposits were $47.17 billion, down slightly, yet core transaction deposits rose by 2%. Net interest income increased to $381.9 million, while non-interest revenue fell 3%. A provision reversal of $24.6 million reflects a positive credit outlook. The CET1 ratio improved to 9.75% amidst share repurchases.
Synovus Financial Corp. (NYSE: SNV) is set to release its second quarter 2021 results on July 20, 2021. An earnings press release will precede the conference call starting at 8:30 a.m. ET. Investors can access a live audio webcast and related slides at investor.synovus.com/event. The company, headquartered in Columbus, Georgia, manages approximately $55 billion in assets and operates 285 branches across five states, offering a range of financial services.
Synovus Financial Corp has declared quarterly dividends for shareholders. The dividends include $0.33 per share on common stock, payable on July 1, 2021, to shareholders of record as of June 17, 2021. Additionally, $0.39375 per share for Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on June 21, 2021, and $0.3671875 per share for Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on July 1, 2021, to shareholders of record as of June 15, 2021. Synovus holds approximately $55 billion in assets and serves customers across five states.
Synovus announces the launch of Synovus Accelerate AR, a comprehensive receivables suite designed to enhance working capital access and streamline payment processing. In collaboration with Deluxe, this solution includes features like the AR Console, AR Match, AR Biller, and AR Aggregator, all aimed at improving cash flow and operational efficiency. This partnership, lasting over two decades, underscores Synovus's commitment to meeting evolving business needs.
Synovus Bank has appointed Jody Patton as CEO of its Northeast Georgia Division, effective July 1. Patton, who has nearly 30 years of banking experience, succeeds Bill Douglas, who will retire after 36 years with the company. Douglas will remain as chairman of the Northeast Georgia Division Advisory Board. Synovus Bank, a Georgia-chartered and FDIC-insured institution operating 285 branches, focuses on commercial and retail banking, investment, and mortgage services.
Synovus Financial Corp (NYSE: SNV) has appointed Sharon Goodwine as executive vice president and chief human resources officer, effective May 17. Goodwine, who previously served at Wells Fargo, will take over from Debra Stanford, the interim CHRO since December 2019. With over two decades of HR experience, Goodwine is expected to enhance Synovus' HR functions. Additionally, Jennifer Upshaw has been appointed as chief of staff to CEO Kevin Blair. Synovus, based in Columbus, Georgia, has approximately $55 billion in assets and operates 285 branches across five states.
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