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Synovus Financial Corp (SNV.N)

SNV.N on New York Stock Exchange

53.94USD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Synovus Reports Q1 Earnings Per Share $0.84
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Synovus Financial Corp ::SYNOVUS ANNOUNCES EARNINGS FOR THE FIRST QUARTER 2018.Q1 ADJUSTED EARNINGS PER SHARE $0.86.Q1 EARNINGS PER SHARE $0.84.Q1 REVENUE $341.3 MILLION VERSUS I/B/E/S VIEW $342.9 MILLION.Q1 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S.QTRLY NET INTEREST INCOME WAS $274.3 MILLION, UP 14.3% FROM Q1 2017.  Full Article

Synovus Financial Reports Q4 Adjusted EPS Of $0.72
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Synovus Financial Corp ::SYNOVUS ANNOUNCES EARNINGS FOR THE FOURTH QUARTER 2017 AND A 67% INCREASE IN QUARTERLY COMMON DIVIDEND.Q4 EARNINGS PER SHARE $0.23.Q4 REVENUE $339.1 MILLION VERSUS I/B/E/S VIEW $338.6 MILLION.Q4 EARNINGS PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S.Q4 ADJUSTED EARNINGS PER SHARE $0.72.‍QTRLY NET INTEREST INCOME WAS $269.7 MILLION, UP $7.1 MILLION OR 2.7% FROM PREVIOUS QUARTER AND UP 15.5% FROM Q4 2016​.‍AUTHORIZED A NEW SHARE REPURCHASE PROGRAM OF UP TO $150 MILLION OF COMPANY'S COMMON STOCK TO BE EXECUTED DURING 2018​.‍BOARD OF DIRECTORS ALSO APPROVED A 67% INCREASE IN COMPANY'S QUARTERLY COMMON STOCK DIVIDEND FROM $0.15 TO $0.25 PER SHARE​.  Full Article

Synovus announces pricing of $300 million senior notes offering
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Synovus Financial Corp ::Synovus announces pricing of $300 million senior notes offering.Synovus Financial Corp - ‍notes will bear interest at a rate of 3.125% and will be issued at a price equal to 99.729% of their face value​.  Full Article

Synovus announces senior notes offering
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Synovus Financial Corp :Synovus announces senior notes offering.‍Announced an underwritten public offering of senior notes due 2022​.To use proceeds from offering, with cash on hand, to redeem $300 million of 7.875 pct senior notes due 2019 on Nov. 9.  Full Article

Synovus Financial says expected to include loss in Q4 results
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Synovus Financial Corp :Synovus Financial says Q4 results expected to include a loss on early extinguishment of debt totaling about $25.0 million, pre-tax‍​ - presentation slides.Synovus Financial sees net interest income growth between 12 percent to 14 percent for 2017.Synovus Financial sees adjusted net interest income growth between 2 percent to 4 percent for 2017.Synovus Financial sees net charge-off ratio between 15 bps to 20 bps for 2017.Synovus Financial sees share repurchases up to $200 million for 2017.  Full Article

Synovus Financial Q3 earnings per share $0.78
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Synovus Financial Corp :Synovus announces earnings for the third quarter 2017.Q3 adjusted earnings per share $0.65.Q3 earnings per share $0.78.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Qtrly ‍net interest income was $262.6 million, up $11.5 million or 4.6% from previous quarter​.  Full Article

Synovus Financial to buy Entaire Global Companies
Friday, 19 Aug 2016 

Synovus Financial Corp : Synovus to acquire entaire global companies, inc. . Under terms of agreement, synovus will acquire entaire for an up-front payment of $30 million in common stock and cash . Synovus financial corp says deal projected immediate accretion to eps, roe, and roa, with minimal dilution to tangible book value per share .Deal includes additional payments to entaire's stockholders over next three to five years based on entaire's earnings.  Full Article

Synovus Financial files for potential mixed shelf; size not disclosed
Friday, 5 Aug 2016 

Synovus Financial Corp :Files for potential mixed shelf; size not disclosed - sec filing.  Full Article

Synovus Financial reports Q2 earnings per share $0.46
Tuesday, 19 Jul 2016 

Synovus Financial Corp : Synovus announces earnings for the second quarter 2016 . Q2 adjusted earnings per share $0.49 . Q2 earnings per share $0.46 . Q2 revenue rose 2.9 percent to $289.3 million . Says qtrly net interest margin was 3.27 percent, unchanged from previous quarter . Q2 earnings per share view $0.47 -- Thomson Reuters I/B/E/S .Net interest income was $221.4 million for Q2 2016, up $3.3 million or 1.5% from previous quarter and up 8.7% as compared to Q2 2015.  Full Article

Kevin Blair to join Synovus as new chief financial officer
Tuesday, 12 Jul 2016 

Synovus Financial Corp : Kevin Blair to join Synovus as new chief financial officer . Kevin blair to join synovus as new chief financial officer .Blair succeeds Tommy Prescott, who announced his retirement earlier this year.  Full Article

BRIEF-Synovus Financial Corp Sees 2018 Net Interest Income Growth Of 11 Pct To 13 Pct

* SYNOVUS FINANCIAL CORP SEES 2018 NET INTEREST INCOME GROWTH OF 11 PERCENT TO 13 PERCENT- SEC FILING