Key Developments: Synovus Financial Corp (SNV)

SNV on New York Consolidated

2.75USD
23 May 2013
Price Change (% chg)

$0.03 (+1.10%)
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$2.72
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$2.90
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Latest Key Developments (Source: Significant Developments)

Synovus Financial Corp Declares Quarterly Stock Dividend
Tuesday, 5 Mar 2013 07:00am EST 

Synovus Financial Corp announced that its Board of Directors has declared a dividend of $0.01 per share on the Company's common stock. The dividend will be payable on April 1, 2013 to shareholders of record as of March 21, 2013.  Full Article

Synovus Financial Corp Completes Strategic Bulk Sale Of Distressed Assets
Thursday, 13 Dec 2012 08:00am EST 

Synovus Financial Corp announced the completion of a bulk sale of distressed assets effective December 10, 2012. Including this transaction, Synovus expects to sell during the fourth quarter of 2012 distressed assets with a total carrying value of approximately $530 million, consisting of approximately $400 million in non-performing assets, $110 million in loans rated accruing substandard, and $20 million in loans rated special mention. The total fourth quarter distressed asset dispositions of approximately $530 million are expected to result in fourth quarter pre-tax charges of approximately $155 million.  Full Article

Synovus Financial Corp Announces Quarterly Stock Dividend
Wednesday, 28 Nov 2012 07:00am EST 

Synovus Financial Corp announced that its board of directors has declared a dividend of $0.01 per share on the Company`s common stock. The dividend will be payable on January 2, 2013 to shareholders of record as of December 13, 2012.  Full Article

Synovus Financial Corp Announces Quarterly Stock Dividend
Tuesday, 21 Aug 2012 07:00am EDT 

Synovus Financial Corp announced that its Board of Directors has declared a dividend of $0.01 per share on the Company’s common stock. The dividend will be payable on October 1, 2012 to shareholders of record as of September 20, 2012.  Full Article

Synovus Financial Corp. Announces Quarterly Stock Dividend
Wednesday, 30 May 2012 07:00am EDT 

Synovus Financial Corp. announced that its Board of Directors has declared a dividend of $0.01 per share on the Company’s common stock. The dividend will be payable on July 2, 2012 to shareholders of record as of June 14, 2012.  Full Article

Synovus Financial Corp Partners With Wincor Nixdorf To Upgrade ATM Network
Monday, 12 Mar 2012 03:24pm EDT 

Synovus Financial Corp announced that it has entered into a partnership with Wincor Nixdorf Inc. to invest in 200 new Deposit Automation ATM machines for the Synovus Bank network. The new ATMs will be installed later this year. With these new touch screen units, customers will be able to deposit up to 50 bills or checks into a single slot in any direction;  Full Article

Synovus Financial Corp. Announces Quarterly Stock Dividend
Monday, 5 Mar 2012 02:16pm EST 

Synovus Financial Corp. announced that its Board of Directors has declared a dividend of $0.01 per share on the Company’s common stock. The dividend will be payable on April 2, 2012 to shareholders of record as of March 15, 2012.  Full Article

Synovus Financial Corp. Appoints New Chairman
Thursday, 22 Dec 2011 04:25pm EST 

Synovus Financial Corp. announced the election of President and Chief Executive Officer (CEO) Kessel D. Stelling to succeed Richard E. Anthony as Chairman of the Board, effective January 1, 2012. Anthony will remain on the Board as a Director until the expiration of his current term at Synovus’ 2012 annual shareholders’ meeting.  Full Article

Synovus Financial Corp. Announces Quarterly Stock Dividend
Tuesday, 29 Nov 2011 07:00am EST 

Synovus Financial Corp. announced that its Board of Directors has declared a dividend of $0.01 per share on the company`s common stock. The dividend will be payable on January 3, 2012 to shareholders of record as of December 16, 2011.  Full Article

Synovus Financial Corp. Announces Quarterly Stock Dividend
Monday, 22 Aug 2011 07:00am EDT 

Synovus Financial Corp. announced that its Board of Directors has declared a dividend of $0.01 per share on the Company’s common stock. The dividend will be payable on October 3, 2011 to shareholders of record as of September 15, 2011.  Full Article

TEXT-Fitch Takes Rating Actions on Its Mid-Tier Regional Bank Group Following Industry Peer Review

NEW YORK, February 14 (Fitch) Fitch Ratings has completed a peer review of the following 16 mid-tier regional banks: Associated Banc-Corp. (ASBC), Bank of Hawaii Corporation (BOH), BOK Financial Corporation (BOKF), Cathay General Bancorp (CATY), Cullen/Frost Bankers, Inc. (CFR), East West Bancorp, Inc.(EWBC), First Horizon National Corporation (FHN), First National of Nebraska, Inc. (FNNI), First Niagara Financial Group, Inc. (FNFG), Fulton Financial Corporation (FULT), Hancock Holding Company (

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