Latest news with #Synovus
Yahoo
5 days ago
- Business
- Yahoo
Synovus accelerates growth in Atlanta with addition of new talent
COLUMBUS, Ga., June 05, 2025--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years. "As we expand in high-opportunity markets throughout the southeast, we're investing in talented individuals who have a deep understanding of local economies and prioritize a client-centric approach with proactive financial guidance," said Synovus Chairman, CEO and President Kevin Blair. "Our relationship managers play a key role in building strong, lasting partnerships and making a meaningful impact in the communities we serve." Relationship managers bring extensive industry knowledge and proven expertise to help businesses and individuals navigate today's ever-changing economic landscape. Synovus is investing in top talent as it continues its transformative path to sustainable growth. Atlanta market additions: Eric Clark, commercial bankerClark has nearly 20 years of relationship management experience within the banking industry, working for various banks in the southeast. He joins Synovus from JP Morgan Chase. Will Clay, wholesale middle market relationship managerClay has extensive experience with clients in middle market banking from previous roles at Servis 1st Bank and BB&T. Robert Mann, commercial bankerMann brings 25 years of commercial banking experience as a sales and operations executive. A former tax commissioner in Gwinnett County, Georgia, Mann joins Synovus from Bank of America. The bank's focus on high-opportunity markets includes Atlanta, Georgia; Birmingham, Alabama; Charleston, Columbia, Greenville and Spartanburg, South Carolina; and Miami, Orlando and Tampa, Florida. Core relationship-based banking is fundamental to Synovus, and this growth strategy taps into the bank's existing networks to gain a stronger competitive edge in these markets. # # # Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at Forward-Looking Statements This press release contains statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as "believes," "anticipates," "expects," "may," "will," "assumes," "should," "predicts," "could," "would," "intends," "targets," "estimates," "projects," "plans," "potential" and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements are based upon information presently known to Synovus' management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, under the captions "Cautionary Notice Regarding Forward-Looking Statements" and "Risk Factors" and in Synovus' quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. View source version on Contacts Audria BeltonMedia Relationsmedia@
Business Wire
5 days ago
- Business
- Business Wire
Synovus accelerates growth in Atlanta with addition of new talent
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years. 'As we expand in high-opportunity markets throughout the southeast, we're investing in talented individuals who have a deep understanding of local economies and prioritize a client-centric approach with proactive financial guidance,' said Synovus Chairman, CEO and President Kevin Blair. 'Our relationship managers play a key role in building strong, lasting partnerships and making a meaningful impact in the communities we serve.' Relationship managers bring extensive industry knowledge and proven expertise to help businesses and individuals navigate today's ever-changing economic landscape. Synovus is investing in top talent as it continues its transformative path to sustainable growth. Atlanta market additions: Eric Clark, commercial banker Clark has nearly 20 years of relationship management experience within the banking industry, working for various banks in the southeast. He joins Synovus from JP Morgan Chase. Will Clay, wholesale middle market relationship manager Clay has extensive experience with clients in middle market banking from previous roles at Servis 1 st Bank and BB&T. Robert Mann, commercial banker Mann brings 25 years of commercial banking experience as a sales and operations executive. A former tax commissioner in Gwinnett County, Georgia, Mann joins Synovus from Bank of America. The bank's focus on high-opportunity markets includes Atlanta, Georgia; Birmingham, Alabama; Charleston, Columbia, Greenville and Spartanburg, South Carolina; and Miami, Orlando and Tampa, Florida. Core relationship-based banking is fundamental to Synovus, and this growth strategy taps into the bank's existing networks to gain a stronger competitive edge in these markets. # # # Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as 'believes,' 'anticipates,' 'expects,' 'may,' 'will,' 'assumes,' 'should,' 'predicts,' 'could,' 'would,' 'intends,' 'targets,' 'estimates,' 'projects,' 'plans,' 'potential' and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements are based upon information presently known to Synovus' management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, under the captions 'Cautionary Notice Regarding Forward-Looking Statements' and 'Risk Factors' and in Synovus' quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.
Yahoo
6 days ago
- Business
- Yahoo
Synovus announces quarterly dividends
COLUMBUS, Ga., June 03, 2025--(BUSINESS WIRE)--The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends: $0.39 per share on the company's common stock, payable on July 1, 2025, to shareholders of record as of June 19, 2025. $0.50594 per share on the company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, payable on June 21, 2025, to shareholders of record as of June 15, 2025. $0.52481 per share on the company's Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, payable on July 1, 2025, to shareholders of record as of June 15, 2025. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. Synovus provides commercial and consumer banking and a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at View source version on Contacts Audria Beltonmedia@
Bloomberg
29-05-2025
- Business
- Bloomberg
Nvidia Beats Expectations Beyond Data Center Business
Nvidia's networking and gaming revenue indicate the company is thriving beyond its data center and AI business, says Daniel Morgan, senior portfolio manager at Synovus. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg)
Yahoo
29-05-2025
- Business
- Yahoo
FHLBank Atlanta and Synovus Bank award $500,000 grant to Georgia Heirs Property Law Center Inc.
ATLANTA, May 29, 2025--(BUSINESS WIRE)--Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc. The grant will be used to prevent and resolve heirs' property issues that arise when home or landowners leave their property to others without a clear will, estate plan, title or deed. Synovus and Georgia Heirs Property Law Center partnered to apply for the grant, which is awarded from FHLBank Atlanta's 2024 Heirs Property Family Wealth Protection Fund. In total, this program from FHLBank Atlanta is awarding $5.9 million through its member banks, such as Synovus, to 21 organizations addressing heirs' property issues. "A key part of our mission is to advance homeownership, and that includes helping families pass along the hard-earned equity they have built in their properties," said Kirk Malmberg, president and CEO of FHLBank Atlanta. "Heirs' property issues are a pervasive problem in many communities, and this fund will enable seasoned organizations to help thousands of families preserve and protect their inheritances." A 2024 Harris Poll survey sponsored by FHLBank Atlanta found that 90% of homeowners expect the equity in their homes to benefit their heirs, yet 43% do not have a will, trust or estate plan. FHLBank Atlanta created the Family Wealth Protection Fund to support organizations that help property owners by writing wills and estate plans or resolving existing tangled titles. "As a member of FHLBank Atlanta, we wanted to maximize their grant program to support Georgia Heirs Property Law Center with a significant grant to benefit people across the state," said Natalie Parker, senior director, Community Reinvestment Act and community development at Synovus. "The Georgia Heirs Property Law Center has a particular expertise in resolving tangled titles and ensuring the proper legal documents are in place for families to build generational wealth with their homes or land." "The Center helps grow Georgia's economy through property rights. Heirs' property not only limits a family's ability to build generational wealth but also undermines the efforts of local governments and businesses trying to revitalize communities. Partners like the FHLBank Atlanta and Synovus understand the value in leveraging direct legal services and asset education to empower low- and moderate-income families to address their heirs' property," said Skipper StipeMaas, executive director of the Center. Services delivered by organizations receiving grant funding are free to property owners. About Synovus Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at About The Georgia Heirs Property Law Center, Inc. The Georgia Heirs Property Law Center Inc, (the "Center") provides direct legal services that increase generational wealth, economic value, and community stability by securing and preserving property rights of low and moderate income Georgians. The Center resolves heirs property through title clearing; prevents heirs property through estate planning; and facilitates asset education to build generational wealth. For more information see, About FHLBank Atlanta FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. For more information, visit View source version on Contacts Audria BeltonSynovus Media Relationsmedia@ Sheryl TouchtonFederal Home Loan Bank of Atlantastouchton@
