elemental links (Free subscription) | 10/06/2008
Synovus Financial was awarded top honors in the CIO Magazine | SOA Consortium case study contest for a Secure Value Payments (SVP) initiative. At the time of the announcement, I mentioned that more information from the winners and entrant pool...
SOA in Action Blog (Free subscription) | 10/04/2008
Can SOA help lift the financial services sector out of its doldrums? The answer is uncertain. But SOA can go a long way in helping to streamline banking operations. Earlier this year, Synovus Financial Corp., a provider of investment services,...
A.E. Feldman Blog (Free subscription) | 09/23/2008
Synovus Financial recently announced it has established a new Chief Risk Officer role, reporting directly to the firm’s CEO. Synovus appointed Mark Holladay to the newly created position of CRO, just one week after the financial services firm said it will cut about 650 jobs, or 9% percent of its workforce, over the next two [...]
Market Watch (Free subscription) | 09/18/2008
SAN FRANCISCO (MarketWatch) -- Synovus Financial Corp. said late Thursday it appointed Mark Holladay to the newly created position of chief risk officer. Synovus said Kevin Howard will replace Holladay as chief credit officer. Also, the company named Roy Copeland Jr. to the new position of chief commercial officer. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they...
Market Watch (Free subscription) | 09/15/2008
SAN FRANCISCO (MarketWatch) -- Fitch Ratings late Monday downgraded the ratings of Synovus Financial Corp. and its subsidiary banks because of prolonged credit stress at the company. Among the downgrades, Fitch cut Synovus' long-term issuer default rating to A- from A, and its subordinated debt rating to BBB+ from A-. The outlook remains negative. Market Pulse Stories are Rapid-fire, short news bursts...
The Memphis Business Journal (Free subscription) | 09/11/2008
Synovus Financial Corp. is lowering its quarterly dividend to 6 cents a share from 17 cents per share, the company said Thursday. (SNV)
The Tampa Bay Business Journal (Free subscription) | 09/10/2008
Synovus Financial Corp. said it would eliminate 650 positions over its five-state footprint over the next 24 months. (SNV)
Market Watch (Free subscription) | 08/13/2008
SAN FRANCISCO (MarketWatch) -- Synovus Financial Corp. shares fell on Wednesday after Stifel, Nicolaus downgraded the bank to hold from buy, mainly on valuation grounds. The brokerage firm said it was encouraged by the stability of delinquency rates in the second quarter and the potential sale of bad loans by the end of the year. However, the bank now faces softness in fee income and margin pressure,...
The Memphis Business Journal (Free subscription) | 08/07/2008
Synovus Financial Corp. has made a change in the top leadership at Trust One Bank, its Memphis affiliate. (SNV)
Seeking Alpha (Free subscription) | 07/25/2008
Synovus Financial Corp. (SNV) Q2 2008 Earnings Call Complete Story »
Market Watch (Free subscription) | 07/24/2008
SAN FRANCISCO (MarketWatch) -- Synovus Financial said late Thursday that second-quarter net income came in at $12.1 million, or four cents a share, down 93% from a year earlier when the lender made $162.8 million, or 49 cents a share. The company was expected to make 13 cents a share, according to the average estimate of 22 analysts polled by Thomson Reuters. Nonperforming loans were $627 million...
Seeking Alpha (Free subscription) | 07/24/2008
Synovus Financial Corp. (SNV) is expected to report Q2 earnings after market close Thursday, July 24, with a conference call scheduled for 4:30 PM ET. Guidance Analysts are looking for EPS of 13c on revenue of $384.27M. The consensus range for EPS is (1c) to 21c, while the consensus range for revenue is $381.31M to $389.60M, according to First Call. Complete Story »
Market Wire - Investment Opinion (Free subscription) | 07/02/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for The Coca-Cola Company (NYSE: KO), Wal-Mart Stores Inc. (NYSE:...
GuruFocus Updates (Free subscription) | 06/23/2008
Weekly highlight of top insider buys. Related companies: FedEx Corp. (FDX), Synovus Financial Corp. (SNV), The Macerich Company (MAC), Hologic Inc. (HOLX), Sapient Corp. (SAPE).
Banking Business Review (Free subscription) | 06/09/2008
Synovus Financial is planning to combine the assets of two Synovus banks: National Bank of Walton County with Athens First Bank and Trust.
