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Synovus Financial Corp (SNV.N)

SNV.N on New York Stock Exchange

33.01USD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Jamie Gregory Named Chief Financial Officer Of Synovus
Monday, 3 Jun 2019 07:45am EDT 

June 3 (Reuters) - Synovus Financial Corp ::JAMIE GREGORY NAMED CHIEF FINANCIAL OFFICER OF SYNOVUS.SYNOVUS FINANCIAL CORP - GREGORY SUCCEEDS KEVIN BLAIR.SYNOVUS FINANCIAL - ANNOUNCED APPOINTMENT OF JAMIE GREGORY AS CFO, EFFECTIVE JUNE 24.  Full Article

Synovus Financial Reports Q1 Adjusted Earnings Per Share Of $0.98
Tuesday, 23 Apr 2019 06:30am EDT 

April 23 (Reuters) - Synovus Financial Corp ::SYNOVUS ANNOUNCES EARNINGS FOR THE FIRST QUARTER 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.98.Q1 EARNINGS PER SHARE $0.72.Q1 REVENUE $476.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $464 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.89 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME WAS $397.2 MILLION, UP $99.2 MILLION OR 33.3% FROM PREVIOUS QUARTER.  Full Article

Synovus Announces Pricing Of Subordinated Notes Offering
Thursday, 31 Jan 2019 05:33pm EST 

Jan 31 (Reuters) - Synovus Financial Corp ::SYNOVUS ANNOUNCES PRICING OF SUBORDINATED NOTES OFFERING.SYNOVUS FINANCIAL CORP - PRICING OF ITS UNDERWRITTEN PUBLIC OFFERING OF $300 MILLION OF 5.90% FIXED-TO-FIXED RATE SUBORDINATED NOTES DUE 2029.SYNOVUS FINANCIAL CORP - NET PROCEEDS TO SYNOVUS FROM OFFERING ARE EXPECTED TO BE APPROXIMATELY $297.0 MILLION.  Full Article

Synovus Financial Reports Q4 Adjusted Earnings Per Share Of $0.92
Tuesday, 15 Jan 2019 06:30am EST 

Jan 15 (Reuters) - Synovus Financial Corp ::SYNOVUS ANNOUNCES EARNINGS FOR THE FOURTH QUARTER 2018 AND A 20% INCREASE IN COMMON STOCK DIVIDEND.Q4 ADJUSTED EARNINGS PER SHARE $0.92.Q4 EARNINGS PER SHARE $0.87.Q4 REVENUE $365.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $370.4 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.93 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME WAS $297.9 MILLION, UP $28.2 MILLION OR 10.5% FROM THE FOURTH QUARTER 2017.SAYS BOARD AUTHORIZED NEW SHARE REPURCHASE PROGRAM OF UP TO $400 MILLION OF COMPANY'S COMMON STOCK TO BE EXECUTED DURING 2019.SAYS COMPANY CURRENTLY EXPECTS TO REPURCHASE $300-$350 MILLION OF COMMON STOCK UNDER AUTHORIZATION IN 2019.SYNOVUS FINANCIAL - PLANS TO RETURN ABOUT $500 MILLION TO SHAREHOLDERS THIS YEAR THROUGH A 20% DIVIDEND INCREASE AND ADDITIONAL SHARE REPURCHASES.SAYS APPROVED 20% INCREASE IN COMPANY'S QUARTERLY COMMON STOCK DIVIDEND TO $0.30 PER SHARE FROM $0.25 PER SHARE.APPROVED A 20% INCREASE IN COMPANY'S QUARTERLY STOCK DIVIDEND FROM $0.25 TO $0.30 PER SHARE.  Full Article

Kevin Blair Names Chief Operating Officer Of Synovus
Wednesday, 12 Dec 2018 04:26pm EST 

Dec 12 (Reuters) - Synovus Financial Corp ::KEVIN BLAIR NAMED CHIEF OPERATING OFFICER OF SYNOVUS.SYNOVUS FINANCIAL - BLAIR PREVIOUSLY SERVED AS CO'S CFO & WILL REMAIN IN THIS POSITION ON INTERIM BASIS UNTIL SUCCESSOR IS NAMED.  Full Article

Synovus Financial - On Dec 3, approved share repurchase program to buy back up to $25 mln of its common stock - SEC filing
Monday, 3 Dec 2018 04:38pm EST 

Dec 3 (Reuters) - Synovus Financial Corp ::SYNOVUS FINANCIAL SAYS ON DEC 3, APPROVED SHARE REPURCHASE PROGRAM; MAY REPURCHASE UP TO $25 MILLION OF ITS COMMON STOCK - SEC FILING.  Full Article

Jefferson Financial To Acquire Three Synovus Branches In Mobile And Daphne, Alabama
Wednesday, 26 Sep 2018 04:15pm EDT 

Sept 26 (Reuters) - Synovus Financial Corp ::JEFFERSON FINANCIAL TO ACQUIRE THREE SYNOVUS BRANCHES IN MOBILE AND DAPHNE, ALABAMA.SYNOVUS FINANCIAL - AGREEMENT PROVIDES FOR TRANSFER BY SYNOVUS BANK TO JEFFERSON FINANCIAL FEDERAL CREDIT UNION OF $138 MILLION IN LOANS.  Full Article

FCB Says Termination Fee Of $93.5 Mln Payable To Other Party On Termination Of Deal
Wednesday, 25 Jul 2018 04:45pm EDT 

July 25 (Reuters) - FCB Financial Holdings Inc ::FCB FINANCIAL -TERMINATION FEE OF $93.5 MILLION PAYABLE BY FCB OR SYNOVUS TO THE OTHER PARTY, AS APPLICABLE, ON TERMINATION OF DEAL UNDER CERTAIN CONDITIONS.  Full Article

Synovus Financial Says Sees 2018 Net Interest Income Growth Between 11 Pct To 13 Pct
Tuesday, 24 Jul 2018 06:46am EDT 

July 24 (Reuters) - Synovus Financial Corp ::SYNOVUS FINANCIAL SAYS SEES 2018 NET INTEREST INCOME GROWTH BETWEEN 11 PERCENT TO 13 PERCENT - SEC FILING.  Full Article

Synovus To Acquire FCB Financial Holdings For $2.9 Bln
Tuesday, 24 Jul 2018 06:32am EDT 

July 24 (Reuters) - FCB Financial Holdings Inc ::SYNOVUS TO ACQUIRE FCB FINANCIAL HOLDINGS, INC. FOR $2.9 BILLION.FCB FINANCIAL HOLDINGS INC - FCB SHAREHOLDERS WILL RECEIVE A FIXED RATIO OF 1.055 SHARES OF SYNOVUS COMMON STOCK FOR EACH COMMON SHARE OF FCB IN AN ALL-STOCK TRANSACTION.FCB FINANCIAL HOLDINGS INC - TRANSACTION IS VALUED AT $58.15 PER FCB SHARE OR $2.9 BILLION IN AGGREGATE.FCB FINANCIAL HOLDINGS INC - FOLLOWING COMPLETION OF DEAL, FORMER FCB SHAREHOLDERS WILL OWN ABOUT 30% OF COMBINED CO.FCB FINANCIAL HOLDINGS INC - TRANSACTION IS EXPECTED TO BE TAX FREE TO FCB SHAREHOLDERS.FCB FINANCIAL HOLDINGS INC - MERGER AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY BOTH COMPANIES' BOARDS OF DIRECTORS.FCB FINANCIAL HOLDINGS INC - SYNOVUS EXPECTS APPROXIMATELY $40 MILLION IN PRETAX SYNERGIES TO BE FULLY REALIZED BY 2020 FROM DEAL.FCB FINANCIAL HOLDINGS - SYNOVUS EXPECTS ACQUISITION TO BE ABOUT 6.5% ACCRETIVE TO EARNINGS PER COMMON SHARE IN 2020.FCB FINANCIAL HOLDINGS INC - MERGER AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY BOTH COMPANIES' BOARDS OF DIRECTORS.  Full Article