Synovus Financial Corp is a financial services company that provides a range of banking and investment solutions to individuals, businesses, and institutions. Headquartered in Georgia, it operates through a network of community banks, offering services such as commercial and consumer banking, mortgage lending, wealth management, and financial advisory. The company's focus is on delivering personalized service and fostering long-term relationships with its clients, while also promoting economic growth in the communities it serves. With a commitment to innovation, Synovus strives to enhance its financial products and services to meet the evolving needs of its customers. Read More
Regional banking company Synovus Financial (NYSE:SNV) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 93.9% year on year to $593.7 million. Its non-GAAP profit of $1.48 per share was 17.9% above analysts’ consensus estimates.
Insights from strategists and analysts can greatly influence market sentiment and investment strategies. CNBC's Halftime Report Final Trades discussed SNV, IYF, NEE-PR, and GILD.
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Synovus Financial (NYSE:SNV) and its peers.
Regional banking company Synovus Financial (NYSE:SNV) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.2% year on year to $570.9 million. Its non-GAAP profit of $1.30 per share was 15.8% above analysts’ consensus estimates.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Synovus Financial Corp. (NYSE: SNV) will announce second quarter 2025 earnings results after the market closes on Wednesday, July 16, 2025, and host a conference call at 8:30 a.m. ET on Thursday, July 17.
Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years.
Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes.
These doubts have caused the industry to lag recently as banking stocks have collectively shed 10.1% over the past six months. This performance was disappointing since the S&P 500 stood firm.
Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years.
Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years.
Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc. The grant will be used to prevent and resolve heirs’ property issues that arise when home or landowners leave their property to others without a clear will, estate plan, title or deed.
