Shares of Synovus Financial (NYSE: SNV ) have recovered strongly from their April lows, nearing a 52-week high, and are now up solidly from a year ago. After the bell on Wednesday, the company reported solid results, speaking to improvement in itsOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just le ...

Key Takeaways SNV Q2 EPS of $1.48 beat estimates and rose YoY from $1.16 on stronger NII and lower credit loss provisions. Revenue surged 93.9% year over year to $593.7M, driven by higher NII and a rebound in non-interest income. Loans rose 2.1% sequentially, while net charge-offs fell 46.9% and the NPA ratio declined slightly YoY.Synovus Financial Corp. (SNV) reported second-quarter 2025 adjusted earnings per share of $1.48, which surpassed the Zacks Consensus Estimate of $1.25 per share. This compares f ...

Company Overview - Synovus Financial (SNV) is based in Columbus and operates in the Finance sector, with a year-to-date share price change of 3.2% [3] - The company currently pays a dividend of $0.39 per share, resulting in a dividend yield of 2.95%, which is higher than the Banks - Southeast industry's yield of 2.34% and the S&P 500's yield of 1.54% [3] Dividend Performance - The annualized dividend of Synovus Financial is $1.56, reflecting a 2.6% increase from the previous year [4] - Over the past five years, the company has increased its dividend three times, achieving an average annual increase of 4.48% [4] - The current payout ratio is 32%, indicating that the company distributes 32% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Synovus Financial anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $5.10 per share, representing a year-over-year growth rate of 15.12% [5] Investment Considerations - Synovus Financial is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6] - Income investors are attracted to dividends for various reasons, including tax advantages and reduced overall portfolio risk [5]

Synovus Financial (SNV) Q2 2025 Earnings Call July 17, 2025 08:30 AM ET Company ParticipantsJennifer Demba - Senior Director - IRKevin Blair - CEO, President & ChairmanJamie Gregory - EVP & CFOJon Arfstrom - MD & Associate Director - US ResearchEbrahim Poonawala - MD & Head - North American Banks ResearchAnthony Elian - Equity Research – BanksManan Gosalia - Head - U.S. Midcaps Banks ResearchCatherine Mealor - Managing DirectorChristopher Marinac - Director - ResearchAnne Fortner - EVP & Chief Credit Office ...

Financial Data and Key Metrics Changes - Synovus reported GAAP and adjusted earnings per share of $1.48, with adjusted earnings per share increasing 14% from the first quarter and 28% year over year [5] - Adjusted pre-provision net revenue rose 5% sequentially and grew 7% from the second quarter of 2024 [5] - Net interest margin expanded modestly, contributing to a 6% year-over-year net interest income growth in the second quarter [10][15] - Capital ratios improved, with the preliminary common equity Tier one ratio at 10.91%, the highest in the company's history [15][22] Business Line Data and Key Metrics Changes - Loan growth was strong and broad-based, with total loan production increasing 34% quarter over quarter and 60% year over year [11][12] - Specialty lending rose by $353 million sequentially, driven by growth in structured lending and restaurant services lending [11] - Core deposits declined by $788 million or 2% from the first quarter, primarily due to a drop in public funds and time deposits [12] Market Data and Key Metrics Changes - Synovus had the sixth highest Net Promoter Score among the largest 50 banks, with the largest year-over-year increase in this group [7] - Client surveys indicated general optimism for future business growth despite concerns regarding government fiscal and trade policy actions [7] Company Strategy and Development Direction - The company is focused on executing its 2025 strategic initiatives, including the accelerated hiring of relationship managers, with 12 new commercial bankers added in the second quarter [6][19] - Synovus aims to maintain a balanced approach to expense management while investing in areas that deliver long-term shareholder value [20] - The company expects to target loan growth rather than share repurchases, indicating a preference for deploying capital towards growth opportunities [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued loan growth, with pipelines expected to be 14% higher entering the third quarter [32] - The credit loss environment is anticipated to remain stable, with net charge-offs expected to be relatively stable compared to the first half of the year [21] - The company has raised its 2025 net interest income and noninterest revenue outlook while maintaining noninterest expense guidance [22] Other Important Information - The tax rate was approximately 21% in the second quarter, with expectations for the full year to be between 21-22% [22] - The company is actively monitoring economic uncertainties and adjusting its credit loss reserves accordingly [75] Q&A Session Summary Question: Can you talk about the change in sentiment from borrowers? - Management noted that loan growth was driven by hard work and a strong team, with production and pipelines up about 10% entering the second quarter [27][30] Question: What are your expectations for deposit growth? - Management indicated that the decline in deposits was strategic, leading to margin expansion, and they expect core deposit growth in the second half of the year [34][38] Question: How is the competitive landscape affecting pricing? - Management acknowledged ongoing competition for loans and deposits, with modest pricing pressure observed [42][44] Question: Can you elaborate on the decision to add to reserves? - The increase in reserves was driven by economic uncertainty, particularly changes in unemployment rates, despite improvements in the loan portfolio [72][74] Question: What is the outlook for capital allocation? - Management emphasized a preference for loan growth over share repurchases, maintaining a strong capital position [76][77]

Financial Performance - Net interest income increased by 1% QoQ to $459561 thousand[7] and 6% YoY[7] - Non-interest revenue increased significantly by 15% QoQ and 204% YoY to $134135 thousand[7] - Total revenue grew by 4% QoQ and 94% YoY reaching $593696 thousand[7] - Adjusted diluted EPS increased by 14% QoQ and 28% YoY to $148[7] - Adjusted revenue is expected to be between $495 million and $515 million for 2025[38] Balance Sheet - Loans increased by 2% QoQ to $43537 million[9] and 1% YoY[9] - Deposits decreased by 2% QoQ to $49925 million[9] and 1% YoY[9] - Core deposits decreased by 2% QoQ but increased by 1% YoY, reaching $45208 million[9] - Non-interest bearing deposits remained relatively stable at $11658 million[9] Credit Quality & Capital - The net charge-off ratio improved to 017%[9] - The non-performing loan ratio remained stable at 059%[9] - The CET1 ratio increased to 1091%[9]

Synovus Financial (SNV) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.40%. A quarter ago, it was expected that this holding company for Synovus Bank would post earnings of $1.11 per share when it actually produced earnings of $1.3, delivering a surprise of +17.12%.Over the last ...

Exhibit 99.1 Media Contact Investor Contact Audria Belton Jennifer H. Demba, CFA Media Relations Investor Relations media@synovus.com investorrelations@synovus.com COLUMBUS, Ga., July 16, 2025 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2025. "Synovus delivered impressive 28% year-over-year growth in adjusted earnings per share in the second quarter — an achievement driven by exceptional financial discipline, strategic execution and a steadfast commi ...

Core Viewpoint - Analysts forecast that Synovus Financial (SNV) will report quarterly earnings of $1.25 per share, reflecting a year-over-year increase of 7.8%, with revenues expected to reach $583.84 million, a 90.7% increase compared to the previous year [1] Earnings Projections - Over the last 30 days, there has been a 1% upward revision in the consensus EPS estimate for the quarter, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Key Metrics Forecast - Analysts project the 'Net interest margin, taxable equivalent' to be 3.3%, up from 3.2% in the same quarter last year [5] - The 'Efficiency ratio - TE' is expected to be 53.6%, a significant improvement from 98.2% reported in the same quarter last year [5] - The estimated 'Average Balance - Total interest earning assets' is $55.51 billion, compared to $54.85 billion in the same quarter last year [6] - 'Non-performing Assets (NPAs)' are projected to reach $289.74 million, up from $256.93 million a year ago [6] - 'Non-performing Loans (NPLs)' are expected to be $288.95 million, compared to $256.11 million in the same quarter last year [7] - The 'Tier 1 Capital Ratio' is forecasted at 11.3%, down from 11.7% reported in the same quarter last year [7] Income Estimates - The consensus estimate for 'Net interest income taxable equivalent' is $466.25 million, compared to $436.35 million in the same quarter last year [8] - 'Net Interest Income' is expected to be $462.13 million, up from $435.00 million in the same quarter last year [8] - 'Mortgage banking income' is projected at $4.47 million, compared to $3.94 million in the same quarter last year [9] - 'Service charges on deposit accounts' are expected to be $23.38 million, up from $22.91 million a year ago [9] - 'Fiduciary and asset management fees' are estimated at $20.08 million, compared to $19.73 million last year [10] - 'Capital markets income' is forecasted at $8.37 million, down from $15.08 million in the same quarter last year [10] Stock Performance - Over the past month, Synovus shares have returned +13.5%, outperforming the Zacks S&P 500 composite's +4.1% change, indicating a likely performance that aligns with the overall market in the upcoming period [11]

Mr. . Bellski, what's your final trade, sir. Been good having you.Hey, thanks a lot for having us. Uh, Senovas Financial, SNV, 10 times earnings, 12 times free cash flow. Okay, Shan.Uh, financials deregulation is going to be a very significant tailwind for the sector. Okay. You're welcome for us having you two.I mean, since Brian set the precedent, I mean, I feel like it's Thank you for having me. You're very welcome. You're very welcome, Jenny.Are you thankful to have me. Thank you. Go ahead.Next, Tara pre ...