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Synovus Financial Corp. - $SNV STOCK NEWS

Welcome to our dedicated page for Synovus Financial news (Ticker: $SNV), a resource for investors and traders seeking the latest updates and insights on Synovus Financial stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Synovus Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Synovus Financial's position in the market.

Rhea-AI Summary
Synovus Bank (SNV) Donates $1 Million to Children’s Healthcare of Atlanta (CHA) for Strong4Life Prevention Efforts in Rural Georgia
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End-of-Day
3.1%
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Rhea-AI Summary
Synovus Financial Corp. (NYSE: SNV) has announced the completion of its cash tender offer to purchase up to $150 million in aggregate principal amount of its outstanding 5.900% Fixed-to-Fixed Rate Subordinated Notes due Feb. 7, 2029. A total of $82,382,000 aggregate principal amount of the 2029 notes were validly tendered and not validly withdrawn at the Early Tender Time. An additional $1,015,000 aggregate principal amount of the 2029 notes have been validly tendered and accepted for purchase without proration. The final settlement date for these additional notes is expected to occur on Dec. 5, 2023. Holders of 2029 notes validly tendered at or prior to the Expiration Time, not validly withdrawn and accepted for purchase, are receiving the Total Consideration of $935 for each $1,000 principal amount of such 2029 notes, which includes an Early Tender Payment of $30. The Tender Offer expired at the Expiration Time. Morgan Stanley & Co. LLC served as the Dealer Manager for the Tender Offer.
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Rhea-AI Sentiment
End-of-Day
2.43%
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News
Rhea-AI Summary
Synovus Financial Corp. (NYSE: SNV) declares quarterly dividends of $0.38 per share on common stock, $0.56942 per share on Series D preferred stock, and $0.3671875 per share on Series E preferred stock. The company, based in Columbus, Georgia, has approximately $59 billion in assets and offers a wide range of financial services across multiple states.
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dividends
Rhea-AI Summary
Synovus Financial Corp. (NYSE: SNV) announced the results of its cash tender offer to purchase up to $150 million in aggregate principal amount of its outstanding 5.900% Fixed-to-Fixed Rate Subordinated Notes due Feb. 7, 2029. As of the Early Tender Time, $82,382,000 aggregate principal amount of the 2029 notes had been validly tendered and not validly withdrawn. Holders of 2029 notes will receive the Total Consideration of $935 for each $1,000 principal amount of such 2029 notes, including an Early Tender Payment of $30. The Tender Offer will expire at 5 p.m., New York City time, on Dec. 1, 2023, unless extended or earlier terminated.
Rhea-AI Impact
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-1.12%
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Rhea-AI Summary
Synovus Financial Corp. (NYSE: SNV) CEO Kevin Blair to present at Goldman Sachs 2023 U.S. Financial Services Conference on Dec. 6, 2023, at 2:20 p.m. ET. The event will be live webcasted and a replay available at Synovus’ Investor Relations website. Synovus is a financial services company with $59 billion in assets, offering commercial and consumer banking, private banking, wealth management, and more.
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End-of-Day
3.64%
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Rhea-AI Summary
Synovus Financial Corp. has announced a cash tender offer to purchase up to $150 million of its outstanding 5.900% Fixed-to-Fixed Rate Subordinated Notes due Feb. 7, 2029. The tender offer will commence on Nov. 2, 2023, and expire on Dec. 1, 2023. Holders who tender their notes at or before Nov. 15, 2023, will be eligible to receive consideration equal to $935 per $1,000 principal amount of the notes tendered and accepted for purchase.
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Rhea-AI Sentiment
End-of-Day
5.11%
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Synovus Financial Corp. CEO and CFO to present at BancAnalysts Association of Boston Conference on Nov. 2, 2023
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End-of-Day
-0.27%
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conferences
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Rhea-AI Summary
Synovus Financial Corp. reports financial results for Q3 2023, with diluted earnings per share of $0.60 compared to $1.33 in Q3 2022. Total revenue declined by 5% compared to the previous year, driven by a decrease in net interest income. The company completed the sale of third-party consumer loans and medical office building loans, as well as the sale of asset management firm GLOBALT to its management team. Credit quality metrics increased from historically low levels. The CET1 ratio increased to 10.13%. The company remains focused on strengthening core client relationships and positioning for future growth.
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End-of-Day
-2.07%
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Sagent announces a five-year partnership extension with Synovus Bank to power its core and consumer mortgage loan servicing and add new real-time, cloud-based data services.
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2.05%
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Synovus Bank appoints Jayne Hill as president of wealth services
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2.6%
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Synovus Financial Corp.

NYSE:SNV

SNV Rankings

SNV Stock Data

5.67B
144.39M
1.25%
85.27%
4.21%
Commercial Banking
Finance and Insurance
Link
United States of America
COLUMBUS

About SNV

synovus financial corp. is a financial services company based in columbus, georgia, with approximately $28 billion in assets. synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 258 branches, and 341 atms in georgia, alabama, south carolina, florida, and tennessee. synovus bank was named one of america's most reputable banks by american banker and the reputation institute in 2015. see synovus on the web at synovus.com and on twitter @synovus.