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Synovus Financial Corp SNV

Synovus Financial Corp. is a financial service and bank holding company. It conducts its banking operations through Synovus Bank (the Bank). The Bank operates primarily throughout Alabama, Florida, Georgia, South Carolina, and Tennessee. The Company's segments include Wholesale Banking, Community Banking, Consumer Banking, Financial Management Services and Treasury and Corporate Other. Its commercial banking services include commercial, financial, and real estate lending, treasury management, asset management, capital markets services, and institutional trust services. Its consumer banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit and debit card services. It operates approximately 246 branches and 354 ATMs across its footprint.


NYSE:SNV - Post by User

Bullboard Posts
Post by Mr_Marketon Feb 27, 2014 1:11pm
354 Views
Post# 22259522

Period of Consolidation...

Period of Consolidation...Looks like after a brief run followed by a little consolidation and that's where we are at. Not much coverage here because the money on this site (stockhouse) only follows the pumpers. I like the DIVIDEND. I have held this one for much longer than I first thought. Why not? The only way this will shrink is if the overall American economy is in trouble. I will be well out of it before that happens again. I’ll be all over SDS. The cash position is much better than it was and they are adding some good personnel to management. Always a good sign… This play is much like other American banks. Just keep an eye on the US banking index and make sure it stays in-line. If you prefer higher dividends look at CIM on the NYE…those guys gave .20 just recently on a 3.00/share investment. Cheers. GLTA
Bullboard Posts