Back to top

Image: Bigstock

Synovus Financial Corporation

Read MoreHide Full Article

Synovus’ shares have outperformed the Zacks categorized Southeast Banks industry over the last three months. The company’s organic and inorganic growth strategies position it well for the future. Moreover, Synovus’ focus on balance sheet growth also encourages us. While escalating expenses and a stringent regulatory landscape remain near-term concerns, margin pressure seems to be easing on the back of gradually improving rate scenario. Further, the company’s impressive capital deployment activities, such as the recent 25% hike in common stock dividend, reflect its strong capital position.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Synovus Financial Corp. (SNV) - free report >>

Published in