Synovus Financial: Series E Preferred Is Locked Into 7.8% Yield Until 2029

Core Viewpoint - Synovus Financial is a regional bank located in the southeastern United States, offering both common shares and two types of preferred shares, with one preferred share currently floating at SOFR plus [1] Company Overview - Synovus Financial operates primarily in the southeastern U.S. and provides various financial products including common and preferred shares [1] Investment Focus - The company is currently focused on income investing through common shares, preferred shares, or bonds, indicating a strategy aimed at generating steady income for investors [1] Analyst Position - The analyst has a beneficial long position in the shares of SNV.PR.E, indicating confidence in the preferred shares of Synovus Financial [2] Disclosure Information - The article expresses the author's own opinions and does not involve compensation from any company mentioned, ensuring an independent perspective on Synovus Financial [2]