Synovus (SNV) Thrives on Organic Growth Amid High Costs

Synovus Financial Corp.'s (SNV) emphasis on expanding its corporate, investment and middle-market commercial banking verticals is set to support its financials in the upcoming quarters. Balance sheet strength and strong liquidity position are other positives. However, escalating expenses due to investments in technology and a steady decline in mortgage banking income are near-term headwinds. SNV is focused on its organic growth strategy. The company aims to expand its corporate and investment banking and mi ...