We are dropping coverage of Synovus Financial SNV . We adjust our coverage as necessary based on client demand and investor interest.
(Reuters) - Synovus Financial Corp said it will take a pre-tax charge of $155 million in the fourth quarter after it sold distressed assets worth $530 million.
In the last quarter of the year Synovus Financial SNV reported earnings of $12.8 ..... rating unchanged. Even though Synovus ' quarterly provisions practically ..... As a result, we think that Synovus ' earnings power will remain muted
WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Tuesday for Synovus Financial Corp and CompuCredit Holdings Corp and said credit card claims by consumers under a 1996 law must be handled in...
gain on investment securities, Synovus ' SNV net income surged to $15.7 million ..... the first profitable quarter for Synovus after many quarterly losses. But ..... are highly volatile, and we think Synovus still has work to do before it can
fair value uncertainty rating for Synovus SNV to extreme. The struggling Southeastern ..... such losses will keep destroying Synovus ' capital and eventually, may lead ..... dilutive equity offering. Given Synovus ' very uncertain future and the possible
Synovus ' SNV second-quarter loss of $53.5 million (or $0.07 per diluted share ..... profitability will remain elusive in the near future. Hence, we think Synovus will have a hard time strengthening its capital position. As of June
Synovus Financial SNV made some progress during its fourth quarter, but remains firmly in the red, and will likely remain there for much, if not all
BB- issuer credit rating for Synovus Financial SNV , a $31 billion company with ..... underwriting quality rating to Synovus 's entire loan portfolio because ..... fair score on the Stress Test. Synovus also achieved a fair Solvency
Synovus SNV turned in another terrible quarter, as expected. We are maintaining our ..... 50-basis-point charge-off rate (compared with this quarter's 4.12%), Synovus ' normalized profitability would only be about $0.10 a quarter, since