Synovus Financial Corp. Common Stock (SNV)

Synovus Financial Corp. (NYSESNV) today reported financial results for the quarter and year ended Dec. 31, 2024. "Over the past year, Synovus has successfully implemented our relationship-building strategies, resulting in strong growth across core commercial lending, deposits and key fee-producing businesses. We maintained strict control over operating expenses, saw improvements in loan losses and increased our Common Equity Tier 1 ratio1 to the highest level in over 10 years. This momentum, as well as our financial position and accelerated growth orientation, positions us well for continued success in 2025 and beyond,” said Synovus Chairman, CEO and President Kevin Blair.

Synovus Financial Corp. (NYSESNV) Chairman, CEO and President Kevin Blair will participate in a fireside chat at the 2025 BofA Securities Financial Services Conference in Miami Beach, Florida, on Tuesday, Feb. 11, at 12:10 p.m. ET.

Synovus has named Katie Webb as its chief consumer digital and client experience officer. Webb will lead the consumer digital strategy, focusing on enhancing the client experience through strategic integration of physical and digital channels. She will drive the development of new digital capabilities and innovative experiences to ensure Synovus continues to meet the evolving needs of its growing client base. Webb reports to Liz Wolverton, executive vice president, head of consumer banking and brand experience.

Synovus Bank has named Walt Deriso as CEO and Hamilton Hilsman as president of The Family Office (TFO) at Synovus. Deriso will lead the overall direction of TFO, focusing on strengthening client relationships and expanding service offerings. Hilsman will lead the team’s efforts to continue driving innovation in advisory services to ultra-high-net-worth families. Deriso will report to Wayne Akins, executive vice president, chief community banking and wealth services officer for Synovus. Hilsman will report to Deriso.

Synovus has named Jim Vaughn as its Chattanooga market executive. He joins Synovus from Mauldin & Jenkins.

Synovus has contributed $500,000 to the AAA Scholarship Foundation to provide educational opportunities for students from low- and moderate-income families in Florida.

Synovus Financial Corp. (NYSESNV) has appointed Greg Montana, former executive vice president and chief risk officer of Fidelity National Information Services Inc., to its board of directors, effective Jan. 1, 2025. He will serve on the audit and risk committees. This appointment increases the Synovus board to 12 directors.

Synovus Financial Corp. (NYSESNV) will announce fourth quarter 2024 earnings results after the market closes on Wednesday, Jan. 15, 2025, and host a conference call at 8:30 a.m. ET on Thursday, Jan. 16.

Synovus has launched its newest initiative, AccelerateTM Trade, a portal for international business clients to manage global trade finance products more efficiently and transparently.

The board of directors of Synovus Financial Corp. (NYSESNV) has declared the following quarterly dividends:

Synovus Financial Corp. (NYSESNV) Chairman, CEO and President Kevin Blair will make an investor presentation at the Goldman Sachs 2024 U.S. Financial Services Conference on Dec. 11, 2024, at 11:20 a.m. ET.

Synovus has named Anne Fortner, senior vice president and deputy chief credit officer, as executive vice president, chief credit officer, effective March 31, 2025. Fortner will succeed Bob Derrick, who has served as chief credit officer since 2019 and will retire after more than 20 years at Synovus. She will report to Shellie Creson, executive vice president, chief risk officer.

Synovus Financial Corp. (“Synovus”) (NYSESNV) today announced the pricing of its previously-announced underwritten public offering of $500 million of fixed rate / floating rate senior notes due 2030 (the “Notes”). The Notes will bear interest (i) from and including November 1, 2024 to but excluding November 1, 2029 at a fixed rate of 6.168% per annum; and (ii) from and including November 1, 2029 to but excluding November 1, 2030 in accordance with the formula for SOFR described in the prospectus supplement related to the offering, plus 2.347%. The offering is expected to close on November 1, 2024, subject to customary closing conditions. Synovus intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of existing debt.

Synovus Financial Corp. (“Synovus”) (NYSESNV) today announced an underwritten public offering of senior notes due 2030. Synovus intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of existing debt.

Synovus Bank recently named Rick Arbuckle as the senior director, middle market for wholesale banking. In this new area of expertise for the bank, Arbuckle will develop and manage a comprehensive legal fiduciary services platform to deliver depository banking and cash management services to professional fiduciaries nationwide.

Synovus Financial Corp. (NYSESNV) Chairman, CEO and President Kevin Blair and Executive Vice President and Chief Financial Officer Jamie Gregory will participate in a fireside chat at the BancAnalysts Association of Boston Conference on Nov. 7, 2024, at 12:45 p.m. ET.

Synovus Financial Corp. (NYSESNV) today reported financial results for the quarter ended Sept. 30, 2024.

Synovus is donating $125,000 to the American Red Cross to support disaster relief efforts for communities impacted by Hurricane Helene.

Synovus Bank has named Tommy Flinn as market executive for upstate South Carolina, covering Greenville and Spartanburg effective Sept. 30. He will lead banking teams in offering strategic and customized financial solutions to clients in the region. Flinn will also support community outreach initiatives. He will report to Charlie Clark, president of the community bank.

Synovus Financial Corp. (NYSESNV) will announce third quarter 2024 earnings results after the market closes on Wednesday, Oct. 16, 2024, and host a conference call at 8:30 a.m. ET on Thursday, Oct. 17, 2024.

Synovus Bank has promoted Chad Parramore to executive director and head of product commercialization for the bank’s treasury and payment solutions team.

The board of directors of Synovus Financial Corp. (NYSESNV) has declared the following quarterly dividends:

Synovus Financial Corp. (NYSESNV) Chairman, CEO and President Kevin Blair and Executive Vice President and Chief Financial Officer Jamie Gregory will participate in a fireside chat at the Barclays 22nd Annual Global Financial Services Conference in New York City on Sept. 9, 2024, at 3:30 p.m. ET.

Synovus has awarded 111 college students its Jack Parker Scholarship, totaling $104,000 for 2024. This annual scholarship is named in honor of Jack B. Parker, who was known for his enthusiastic attitude, keen sense of duty and good heart during his 44-year career with Synovus.

Synovus Bank has named Darron Burnette as president of Synovus Mortgage, effective July 15. In his new role, Burnette leads a cross-functional team and drives the strategic execution of mortgage lending operations to deliver growth, customized solutions and exceptional client experience across the bank’s markets. He reports to Executive Vice President, Chief Community Banking and Wealth Services Officer Wayne Akins.