Synovus Financia - SNV STOCK NEWS

Synovus Financial Corp. (NYSE: SNV) has announced its participation in the 2025 BofA Securities Financial Services Conference in Miami Beach, Florida. Chairman, CEO and President Kevin Blair will engage in a fireside chat on Tuesday, February 11, at 12:10 p.m. ET.

The event will be accessible through a live webcast, with a replay available at investor.synovus.com/events. Synovus, headquartered in Columbus, Georgia, manages approximately $60 billion in assets and offers comprehensive financial services including commercial and consumer banking, wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, and international banking.

The company maintains branches across five southeastern states: Georgia, Alabama, Florida, South Carolina, and Tennessee, and has been recognized as a Great Place to Work-Certified Company.

Synovus has appointed Katie Webb as its new chief consumer digital and client experience officer. Webb, who previously served as vice president of digital product and experience at Aflac, brings over 15 years of experience in sales, marketing, and digital transformation. In her new role, she will lead the consumer digital strategy, focusing on enhancing client experience through integration of physical and digital channels.

Reporting to Liz Wolverton, executive vice president and head of consumer banking and brand experience, Webb will be responsible for developing new digital capabilities and innovative experiences to meet the evolving needs of Synovus's growing client base. The appointment aligns with Synovus's strategy of delivering high-touch and high-tech relationship banking services across its operations in Georgia, Alabama, Florida, South Carolina, and Tennessee.

Synovus Bank has appointed new leadership for The Family Office (TFO), naming Walt Deriso as CEO and Hamilton Hilsman as president. Deriso, who has been with Synovus for nearly a decade, will focus on strengthening client relationships and expanding service offerings, while Hilsman, a 28-year veteran of the company, will lead innovation in advisory services for ultra-high-net-worth families.

TFO at Synovus, established in 1947, currently manages $11.0 billion in assets under administration and employs 45 team members. The organization provides comprehensive investment management, wealth strategies, fiduciary services, and family enterprise services to domestic and international families.

Synovus has appointed Jim Vaughn as its new Chattanooga market executive, reporting to Bill Davies, market executive for northwest Georgia. Vaughn joins from Mauldin & Jenkins, where he was a partner for 25 years and held various leadership roles, including leading its financial services practice.

In his new role, Vaughn will lead Synovus's Chattanooga banking teams in delivering financial solutions, driving business development, and supporting community outreach initiatives. His extensive background includes providing advisory and CPA services to financial institutions, nonprofits, hedge funds, transportation companies, and other Tennessee businesses.

Vaughn is actively involved in the Chattanooga community, serving as chairman of both the Cherokee Area Council of the Boy Scouts of America Board of Directors and the Rollins College of Business Advisory Board. He holds a bachelor's in business administration in accounting and finance from Georgia Southern University.

Synovus has contributed $500,000 to the AAA Scholarship Foundation to support educational opportunities for students from low- and moderate-income families in Florida. According to Sean Simpson, CEO of Synovus Central/South Florida Division, this donation reflects Synovus's commitment to community service and the transformative power of education. The AAA Scholarship Foundation, through the Florida Tax Credit Scholarship Program, has helped thousands of K-12 students access education tailored to their needs. This contribution will fund over 60 scholarships. Since 2015, Synovus has donated more than $10 million to the AAA Scholarship Foundation and other approved scholarship organizations in Florida. Synovus Bank, headquartered in Georgia, offers a range of banking services, including commercial and consumer banking, wealth services, and more, across branches in Georgia, Alabama, Florida, South Carolina, and Tennessee. Synovus is a Great Place to Work-Certified Company.

Synovus Financial Corp. (NYSE: SNV) has appointed Greg Montana to its board of directors, effective January 1, 2025. Montana, former executive vice president and chief risk officer of Fidelity National Information Services (FIS), will serve on the audit and risk committees, increasing the board to 12 directors.

Montana brings over 25 years of leadership and risk management experience, having previously served at major financial institutions including Bank of America, PayPal, and JPMorganChase. During his 11-year tenure at FIS, he led teams managing risks related to cybersecurity, operations, credit, compliance, and ESG matters. Montana holds an MBA from the Wharton School and is a certified chief information security officer.

Synovus Financial Corp. (NYSE: SNV) has announced it will release its fourth quarter 2024 earnings results after market close on Wednesday, January 15, 2025. The company will host a conference call at 8:30 a.m. ET on Thursday, January 16. A live audio webcast, listen-only conference call, and presentation deck will be available on their investor relations website.

Synovus is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. The company provides commercial and consumer banking services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, and international banking through branches across Georgia, Alabama, Florida, South Carolina, and Tennessee.

Synovus has launched Accelerate Trade, a new portal designed to help international business clients manage global trade finance products more efficiently. The platform streamlines and automates processes, providing visibility into international transactions through a single interface.

The service includes management of letters of credit, documentary collections, export and import financing, and bank guarantees. When combined with Synovus Accelerate FX, it offers comprehensive international banking services with enhanced reporting, workflows, alerts, and payment options. The platform is provided through a collaboration with fintech provider Finzly.

Synovus Financial Corp. (NYSE: SNV) has declared its quarterly dividends. The company will pay $0.38 per share on common stock on January 2, 2025, to shareholders of record as of December 19, 2024. Additionally, preferred stock dividends include $0.52874 per share on Series D stock (payable December 23, 2024) and $0.52481 per share on Series E stock (payable January 2, 2025), both to shareholders of record as of December 15, 2024.

Synovus is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets, offering commercial and consumer banking services across Georgia, Alabama, Florida, South Carolina and Tennessee.