Really like this bank.

5 year chart shows lower highs.
Innovations to get back on track?

Still, really like this bank.

News: $SNV Synovus Financial (SNV) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. Synovus Financial   (NYSE: SNV) Q2 2020 Earnings Call Jul 21, 2020 , 8:30 a.m. ET Operator Continue reading

Read the whole news SNV - Synovus Financial (SNV) Q2 2020 Earnings Call Transcript

News: $SNV Why Shares of Synovus Financial Soared on Tuesday

Shares of Synovus Financial (NYSE: SNV) climbed 13% on Tuesday after the regional banking company reported better-than-expected second quarter earnings. Bank stocks typically struggle during periods of economic turbulence and low interest rates, but Synovus held its own through the worst o...

Read the whole news SNV - Why Shares of Synovus Financial Soared on Tuesday

News: $SNV Synovus Announces Earnings for the Second Quarter 2020

Diluted Earnings per Share of $0.57 vs. $0.96 in 2Q19 Adjusted Diluted Earnings per Share of $0.23 vs. $1.00 in 2Q19 Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2020. Second Quarter 2020 Highlights Diluted EPS...

Got this from SNV - Synovus Announces Earnings for the Second Quarter 2020

hard to say

Guys will this continue going up on monday? I'm thinking of buying option contracts for this.

Synovus raises quarterly dividend to $0.12/share

Oct 20 2015, 08:00 ET | About: Synovus Financial Corp. (SNV)

Synovus (NYSE:SNV) raises its quarterly dividend by 20% to $0.12/share, resulting in an annual yield of 1.59%.

The dividend will be payable from Jan 2016.

The company plans to repurchase $300M shares over the next 15 months.

http://seekingalpha.com/news/2838946-synovus-raises-quarterly-dividend-to-0_12-share?uprof=45#email_link

Synovus EPS in-line, misses on revenue

Oct 20 2015, 06:33 ET | About: Synovus Financial Corp. (SNV) | By: Gaurav Batavia, SA News Editor

Synovus (NYSE:SNV): Q3 EPS of $0.42 in-line.

Revenue of $274.85M (+1.7% Y/Y) misses by $0.38M.

Press Release

http://seekingalpha.com/news/2838936-synovus-eps-in-line-misses-on-revenue?uprof=45#email_link


Synovus Announces Earnings for Third Quarter 2015, $300 Million Stock Repurchase Program, and 20% Increase in Quarterly Common Stock Dividend
1 comment | Tue October 20, 2015 6:30 AM|Business Wire | About: SNV

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (SNV) today reported financial results for the quarter ended September 30, 2015.

Third Quarter Highlights
• Net income available to common shareholders for the third quarter of 2015 was $55.4 million or $0.42 per diluted share as compared to $53.2 million or $0.40 per diluted share for the previous quarter and $44.2 million or $0.32 per diluted share for the third quarter 2014. • Diluted EPS increased 32.2% as compared to the third quarter 2014; adjusted diluted EPS increased 14.6% as compared to the third quarter 2014.

• Total loans grew $369.4 million or 6.8% annualized from the previous quarter and $1.28 billion or 6.2% as compared to the third quarter 2014.
• Average core deposits grew $592.2 million or 11.2% annualized from the previous quarter and $2.06 billion or 10.6% as compared to the third quarter 2014.
• Adjusted pre-tax, pre-credit costs income was $104.7 million for the third quarter 2015, an increase of $1.1 million or 1.1% from $103.6 million for the previous quarter and an increase of $1.2 million or 1.2% as compared to the third quarter 2014.
• Credit quality continued to improve as the NPL ratio declined to 0.72% at September 30, 2015 from 0.81% at June 30, 2015 and the annualized net chargeoff ratio for the third quarter declined to 0.12% and 0.15% yeartodate compared to 0.24% for the third quarter 2014 and 0.41% for yeartodate 2014.
• The Company completed the $250 million common stock repurchase program announced in the fourth quarter 2014, which resulted in repurchases totaling 9.1 million shares and reduced total share count by 6.5%.
• The Board of Directors authorized a new share repurchase program of up to $300 million of the Companys common stock to be executed over the next 15 months.
• Additionally, the Board of Directors approved a 20% increase in the Companys quarterly common stock dividend from $0.10 to $0.12 per share, effective with the quarterly dividend payable in January 2016.

We are pleased to announce a $300 million share repurchase program to be executed over the next 15 months and a 20% increase in our quarterly common stock dividend. Our ability to take this action is a direct result of our sustained growth, significantly improved risk profile, and strong capital position, said Kessel D. Stelling, Synovus Chairman and CEO. Our performance in the third quarter demonstrated our teams continued progress in growing loans, especially in high-growth markets; in growing core deposits across our footprint; and in improving the quality of our balance sheet. Moving ahead, we are actively engaged in initiatives that generate growth, specifically in areas that further diversify our balance sheet and improve our fee income contribution. We continue to add revenue-generating talent at an aggressive pace while also managing expenses to support our investments in growth. Above all, our team remains committed to serving customers and winning new relationships.

Balance Sheet
• Total loans ended the quarter at $21.86 billion, up $369.4 million or 6.8% annualized, from the previous quarter and up $1.28 billion or 6.2% as compared to the third quarter 2014. • Commercial real estate loans grew by $134.9 million from the previous quarter, or 7.6% annualized.
• Commercial and industrial loans grew by $122.4 million from the previous quarter, or 4.7% annualized.
• Retail loans grew by $111.3 million from the previous quarter, or 10.9% annualized.

• Total average deposits for the quarter were $22.86 billion, and grew by $393.4 million or 6.9% annualized from the previous quarter and $1.92 billion or 9.2% as compared to the third quarter 2014.
• Average core deposits for the quarter were $21.50 billion, and grew by $592.2 million or 11.2% annualized from the previous quarter and $2.06 billion or 10.6% as compared to the third quarter 2014.
• Average core deposits, excluding state, county, and municipal deposits, grew by $745.2 million or 15.9% annualized from the previous quarter and $1.98 billion or 11.4% as compared to the third quarter 2014.

Core Performance

Adjusted pre-tax, pre-credit costs income was $104.7 million for the third quarter 2015, an increase of $1.1 million or 1.1% from $103.6 million for the previous quarter and an increase of $1.2 million or 1.2% as compared to the third quarter 2014.
• Net interest income was $207.8 million for the third quarter 2015, up $4.1 million from $203.6 million in the previous quarter and up $1.5 million or 0.7% as compared to the third quarter 2014.
• Net interest margin declined one basis point to 3.14% compared to 3.15% in the previous quarter. Yield on earning assets was 3.60%, one basis point lower than the previous quarter, and the effective cost of funds was unchanged from the previous quarter at 0.46%. • The yield on loans decreased 4 basis points to 4.10%.
• Average balances at the Fed decreased $215.2 million or 14.4%.

• Adjusted non-interest income was $67.1 million, up $211 thousand or 0.3% compared to $66.8 million for the previous quarter and up $3.1 million or 4.8% as compared to the third quarter 2014. • Core banking fees1 were $33.9 million, up $1.5 million or 4.7% from the previous quarter, primarily driven by higher service charges on deposit accounts and other service charges.
• Financial Management Services revenues, consisting primarily of fiduciary and asset management fees and brokerage revenue, were $19.8 million, up 0.2% from the previous quarter.
• Mortgage banking income decreased $1.5 million or 20.6% from the previous quarter, due to a decrease in production volume of 18.4%.
• Gains from the sale of SBA loans of $1.1 million were down $300 thousand from the previous quarter and up $922 thousand year-to-date as compared to 2014.

• Total non-interest expense for the third quarter 2015 was $177.9 million, flat to the previous quarter and down $15.8 million or 8.2% as compared to the third quarter 2014.
• Adjusted non-interest expense for the third quarter 2015 was $170.1 million, up $3.3 million or 2.0% from the previous quarter and up $3.4 million or 2.0% as compared to the third quarter 2014. • Employment expense of $94.3 million decreased $224 thousand from the previous quarter.
• Advertising expense of $5.5 million increased $2.6 million from the previous quarter.
• Professional fees of $6.4 million decreased $46 thousand from the previous quarter. • Compared to the third quarter 2014, professional fees were up $3.8 million; the third quarter 2014 included a benefit from a $3.6 million net insurance recovery for incurred legal fees related to litigation.

Credit Quality

Broad-based improvement in credit quality continued.
• Total credit costs were $10.3 million in the third quarter 2015 compared to $12.8 million in the previous quarter.
• Non-performing loans, excluding loans held for sale, were $157.6 million at September 30, 2015, down $16.0 million or 9.2% from the previous quarter, and down $84.7 million or 35.0% from September 30, 2014. The non-performing loan ratio was 0.72% at September 30, 2015, compared to 0.81% at the end of the previous quarter and 1.18% at September 30, 2014.
• Total non-performing assets were $222.0 million at September 30, 2015, down $18.1 million or 7.5% from the previous quarter, and down $102.4 million or 31.6% from September 30, 2014. The non-performing asset ratio was 1.01% at September 30, 2015, compared to 1.11% at the end of the previous quarter and 1.57% at September 30, 2014.
• Total delinquencies (consisting of loans 30 or more days past due and still accruing) remain low at 0.18% of total loans at September 30, 2015 compared to 0.24% at June 30, 2015 and 0.35% at September 30, 2014. Total loans past due 90 days or more and still accruing were 0.01% of total loans at September 30, 2015, down from June 30, 2015 and September 30, 2014 at 0.02%.
• Net charge-offs were $6.8 million in the third quarter 2015, down $1.5 million or 27.4% from $5.3 million in the previous quarter. The annualized net charge-off ratio was 0.12% in the third quarter compared to 0.10% in the previous quarter.

Capital Ratios

Capital ratios remained strong and include the impact of common stock repurchases completed through September 30, 2015.
• Common Equity Tier 1 ratio was 10.62% at September 30, 2015 compared to 10.73% at June 30, 2015.
• Tier 1 Capital ratio was 10.62% at September 30, 2015 compared to 10.73% at June 30, 2015.
• Total Risk Based Capital ratio was 12.04% at September 30, 2015 compared to 12.18% at June 30, 2015.
• Tier 1 Leverage ratio was 9.44% at September 30, 2015 compared to 9.48% at June 30, 2015.
• Tangible Common Equity ratio was 10.18% at September 30, 2015 compared to 10.13% at June 30, 2015.

Capital Management
• During the third quarter, the Company completed the $250 million common stock repurchase program announced in the fourth quarter 2014, which resulted in 9.1 million total shares repurchased and reduced total share count by 6.5%.
• Additionally, during the third quarter, the Board of Directors authorized a new share repurchase program of up to $300 million of the Companys common stock to be executed over the next 15 months.
• The Board of Directors also approved a 20% increase in the Companys quarterly common stock dividend from $0.10 to $0.12 per share, effective with the quarterly dividend payable in January 2016.

More...

http://seekingalpha.com/pr/15036166-synovus-announces-earnings-for-third-quarter-2015-300-million-stock-repurchase-program-and-20-percent-increase-in-quarterly-common-stock-dividend

Synovus declares $0.10 dividend

Sep 2 2015, 16:25 ET | About: Synovus Financial Corp. (SNV)

Synovus (NYSE:SNV) declares $0.10/share quarterly dividend, in line with previous.

Forward yield 1.34%

Payable Oct. 1; for shareholders of record Sept. 17; ex-div Sept. 15.

http://seekingalpha.com/news/2759716-synovus-declares-0_10-dividend?uprof=45#email_link

Synovus beats by $0.03, misses on revenue

Jul 21 2015, 06:34 ET | About: Synovus Financial Corp. (SNV) | By: Gaurav Batavia, SA News Editor

Synovus (NYSE:SNV): Q2 EPS of $0.42 beats by $0.03.
Revenue of $272.48M (+1.5% Y/Y) misses by $0.99M.
Press Release

http://seekingalpha.com/news/2640545-synovus-beats-by-0_03-misses-on-revenue?uprof=45#email_link


Synovus Announces Earnings for the Second Quarter of 2015
Tue July 21, 2015 6:30 AM|Business Wire | About: SNV

Diluted Earnings per Share increased 25.5% as compared to 2Q14

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (SNV) today reported financial results for the quarter ended June 30, 2015.

Second Quarter Highlights
• Net income available to common shareholders for the second quarter of 2015 was $53.2 million or $0.40 per diluted share as compared to $51.4 million, or $0.38 per diluted share for the previous quarter and $44.3 million, or $0.32 per diluted share for the second quarter 2014.
• Net income available to common shareholders for the second quarter of 2015 was $55.9 million or $0.42 per diluted share, excluding litigation contingency expense.
• Total loans grew $388.7 million or 7.4% annualized from the previous quarter and $1.04 billion or 5.1% as compared to the second quarter 2014.
• Average core deposits grew $889.9 million or 17.8% annualized from the previous quarter and $1.45 billion or 7.4% as compared to the second quarter 2014.
• Adjusted pre-tax, pre-credit costs income was $103.6 million for the second quarter 2015, an increase of $2.6 million or 2.6% from $101.0 million for the previous quarter and an increase of $4.7 million or 4.7% as compared to the second quarter 2014.
• The company continued to return capital to shareholders during the quarter, acquiring an additional $50.3 million of common stock. Since October 2014 through July 20, 2015, the company has repurchased $202.9 million of common stock, reducing total share count by 7.5 million or 5.4%.

We are pleased to report solid second quarter results as evidenced by strong loan and core deposit growth as well as increased fee income driven by strong mortgage production, said Kessel D. Stelling, chairman and CEO. During the quarter, we were also proud to be recognized as one of America's Most Reputable Banks by American Banker magazine and the Reputation Institute, and were among only three companies ranked in the top 10 by both customers and non-customers. This recognition, along with our steadily improving financial performance, validates that our focus on relationship banking defined by local leadership, personal service, and a deep commitment to strengthening our communities differentiates Synovus and clearly resonates with customers and prospects.

Balance Sheet
• Total loans ended the quarter at $21.49 billion, up $388.7 million or 7.4% annualized, from the previous quarter and up $1.04 billion or 5.1% as compared to the second quarter 2014. • Commercial real estate loans grew by $164.3 million from the previous quarter, or 9.5% annualized.
• Retail loans grew by $127.1 million from the previous quarter, or 13.0% annualized.
• Commercial and industrial loans grew by $97.0 million from the previous quarter, or 3.8% annualized.

• Total average deposits for the quarter were $22.47 billion, and grew by $851.1 million or 15.8% annualized from the previous quarter and $1.60 billion or 7.7% as compared to the second quarter 2014.
• Average core deposits for the quarter were $20.91 billion, and grew by $889.9 million or 17.8% annualized from the previous quarter and $1.45 billion or 7.4% as compared to the second quarter 2014.
• Average core deposits, excluding state, county, and municipal deposits, grew by $836.4 million or 18.9% annualized from the previous quarter and $1.44 billion or 8.4% as compared to the second quarter 2014.

Core Performance

Adjusted pre-tax, pre-credit costs income was $103.6 million for the second quarter 2015, an increase of $2.6 million or 2.6% from $101.0 million for the previous quarter and an increase of $4.7 million or 4.7% as compared to the second quarter 2014.
• Net interest income was $203.6 million for the second quarter 2015, up $381 thousand from $203.3 million in the previous quarter.
• Net interest margin declined 13 basis points to 3.15% compared to 3.28% in the previous quarter. Yield on earning assets was 3.61%, 12 basis points lower than the previous quarter, and the effective cost of funds increased 1 basis point to 0.46%. • Increased balances at the Fed contributed 7 basis points of the decline in the yield on earning assets.

• Adjusted non-interest income was $66.8 million, up $1.7 million or 2.6% compared to $65.1 million for the previous quarter and up $3.5 million or 5.5% as compared to the second quarter 2014. • Mortgage banking income increased $1.0 million or 15.8% from the previous quarter, driven by a 19.8% increase in production.
• Core banking fees1 were $32.4 million, up $876 thousand or 2.8% from the previous quarter, primarily driven by higher service charges on deposit accounts and bankcard fees.
• Gains from the sale of SBA loans of $1.4 million were down $92 thousand from the previous quarter and up $1.6 million year-to-date as compared to 2014.
• Financial Management Services revenues, consisting primarily of fiduciary and asset management fees and brokerage revenue, decreased 2.8% from the previous quarter and increased 3.7% as compared to the second quarter 2014.

• Total non-interest expense for the second quarter 2015 was $177.8 million, down $1.1 million from the previous quarter and down $4.4 million or 2.4% as compared to the second quarter 2014.
• Adjusted non-interest expense for the second quarter 2015 was $166.9 million, down $495 thousand or 0.3% from the previous quarter and down $2.6 million or 1.5% as compared to the second quarter 2014. • Employment expense of $94.6 million decreased $1.9 million from the previous quarter.
• Advertising expense of $2.9 million decreased $578 thousand from the previous quarter.
• Professional fees of $6.4 million increased $823 thousand from the previous quarter.
1 Include service charges on deposit accounts, bankcard fees, letter of credit fees, ATM fee income, line of credit non-usage fees, and miscellaneous other service charges.

Credit Quality

Broad-based improvement in credit quality continued.
• Total credit costs were $12.8 million in the second quarter 2015 compared to $15.7 million in the previous quarter.
• Non-performing loans, excluding loans held for sale, were $173.6 million at June 30, 2015, down $20.6 million or 10.6% from the previous quarter, and down $85.9 million or 33.1% from June 30, 2014. The non-performing loan ratio was 0.81% at June 30, 2015, compared to 0.92% at the end of the previous quarter and 1.27% at June 30, 2014.
• Total non-performing assets were $240.1 million at June 30, 2015, down $30.0 million or 11.1% from the previous quarter, and down $123.0 million or 33.9% from June 30, 2014. The non-performing asset ratio was 1.11% at June 30, 2015, compared to 1.28% at the end of the previous quarter and 1.77% at June 30, 2014.
• Total delinquencies (consisting of loans 30 or more days past due and still accruing) remain low at 0.24% of total loans at June 30, 2015 compared to 0.27% the previous quarter and 0.30% at June 30, 2014. Total loans past due 90 days or more and still accruing were 0.02% of total loans at June 30, 2015, unchanged from March 31, 2015 and June 30, 2014.
• Net charge-offs were $5.3 million in the second quarter 2015, down $7.0 million or 57.0% from $12.3 million in the previous quarter. The annualized net charge-off ratio was 0.10% in the second quarter compared to 0.23% in the previous quarter.

More...

http://seekingalpha.com/pr/14141965-synovus-announces-earnings-for-the-second-quarter-of-2015

Marker:
Synovus Financial Co (SNV)
$30.085 up 0.385 (1.30%)
Volume: 386,621

*SNV is up 25% the past 12 months.

Synovus declares $0.10 dividend

Jun 4 2015, 16:18 ET | About: Synovus Financial Corp. (SNV)

Synovus (NYSE:SNV) declares $0.10/share quarterly dividend, in line with previous.
Forward yield 1.36%
Payable July 1; for shareholders of record June 18; ex-div June 16.

http://seekingalpha.com/news/2562966-synovus-declares-0_10-dividend?uprof=45#email_link

$SNV recent news/filings

bullish
breakout

## source: finance.yahoo.com

Fri, 15 May 2015 17:04:25 GMT ~ SYNOVUS FINANCIAL CORP Financials


read full: http://finance.yahoo.com/q/is?s=snv
*********************************************************

Sat, 09 May 2015 00:09:20 GMT ~ 10-Q for Synovus Financial Corp.


read full: http://www.companyspotlight.com/routers/headline/21737/10004/6509370?cp_code=YAH1&1431130160
*********************************************************

Wed, 06 May 2015 19:12:32 GMT ~ SYNOVUS FINANCIAL CORP Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/150506/snv10-q.html
*********************************************************

Wed, 29 Apr 2015 14:01:06 GMT ~ SYNOVUS FINANCIAL CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders


read full: http://biz.yahoo.com/e/150429/snv8-k.html
*********************************************************

Wed, 22 Apr 2015 16:13:42 GMT ~ Suntrust (STI) Earnings Analysis: By the Numbers


read full: http://www.capitalcube.com/blog/index.php/suntrust-sti-earnings-analysis-by-the-numbers/
*********************************************************

$SNV charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$SNV company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SNV/company-info
Ticker: $SNV
OTC Market Place: Not Available
CIK code: 0000018349
Company name: Synovus Financial Corp.
Company website: http://www.synovus.com
Incorporated In: GA, USA

Business Description:

$SNV share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: 1

$SNV extra dd links

Company name: Synovus Financial Corp.
Company website: http://www.synovus.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SNV/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SNV/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SNV+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SNV+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SNV+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SNV/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/news - http://finance.yahoo.com/q/h?s=SNV+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SNV/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SNV/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SNV/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SNV/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SNV/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SNV/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SNV/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SNV+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SNV
DTCC (dtcc.com): http://search2.dtcc.com/?q=Synovus+Financial+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Synovus+Financial+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Synovus+Financial+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.synovus.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.synovus.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.synovus.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SNV/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SNV
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SNV/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SNV/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SNV/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000018349&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SNV/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SNV/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SNV&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SNV
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SNV+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SNV+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SNV
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SNV
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SNV+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SNV/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SNV+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SNV.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SNV
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SNV/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SNV/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SNV/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SNV/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SNV
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SNV
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SNV:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SNV
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SNV



$SNV DD Notes ~ http://www.ddnotesmaker.com/SNV

Synovus beats by $0.02, revenue in-line • 6:34 AM

Niloofer Shaikh, SA News Editor
•Synovus (NYSE:SNV): Q1 EPS of $0.38 beats by $0.02.
•Revenue of $269.12M (-0.6% Y/Y) in-line.
•Press Release

http://seekingalpha.com/news/2437946-synovus-beats-by-0_02-revenue-in-line?auth_param=ano5b:1ajc9ue:47425316116dbe7d0eb4ed887412fbca&uprof=45#email_link


Synovus Announces Earnings for the First Quarter
Tue April 21, 2015 6:30 AM|Business Wire | About: SNV

Diluted Earnings per Share increased 15.2% as compared to 1Q14

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (SNV) today reported financial results for the quarter ended March 31, 2015.

First Quarter Highlights
• Net income available to common shareholders for the first quarter 2015 was $51.4 million or $0.38 per diluted share as compared to $50.6 million, or $0.37 per diluted share for the previous quarter and $45.9 million, or $0.33 per diluted share for the first quarter 2014.
• Total average loans grew $254.1 million or 4.9% annualized from the previous quarter and $1.03 billion or 5.1% as compared to the first quarter 2014.
• Average core deposits grew $286.6 million or 5.9% annualized from the previous quarter and $529.8 million or 2.7% as compared to the first quarter 2014.
• Adjusted pre-tax, pre-credit costs income was $101.0 million for the first quarter 2015, an increase of $1.4 million from $99.6 million for the previous quarter and an increase of $4.5 million or 4.7% as compared to the first quarter 2014.
• The company continued to return capital to shareholders during the quarter, acquiring an additional $59.1 million of common stock. Since October 2014 through April 20, 2015, the company has repurchased $160.0 million of common stock, reducing total share count by 6.0 million or 4.3%.

More...

http://seekingalpha.com/pr/13201956-synovus-announces-earnings-for-the-first-quarter?app=n

Synovus (NYSE:SNV) declares $0.10/share quarterly dividend, in line with previous.
Forward yield 1.46%
Payable April 1; for shareholders of record March 19; ex-div March 17.

http://seekingalpha.com/news/2344856-synovus-declares-0_10-dividend?auth_param=ano5b:1afe3l1:ca33c8666b14bde4c4d1f3cb5eca4295&uprof=45#email_link

Synovus Financial declares $0.10 dividend

Dec 3 2014, 16:40 ET | About: Synovus Financial Corp. (SNV)

Synovus Financial (NYSE:SNV) declares $0.10/share quarterly dividend, 42.85% increase from prior dividend of $0.07.
Forward yield 1.54%
Payable Jan 2; for shareholders of record Dec. 18; ex-div Dec. 16.

http://seekingalpha.com/news/2159585-synovus-financial-declares-0_10-dividend?user_id=11264171&uprof=45#email_link

They are not a faithful bank. Also have very unqualified employees. Not to diss there are a few good ones. But very few. There buisness banking policy's are outrageous if I cash a employees check they are held as a not in bank check instead of a wash also, For example closing commercial loans when payments have been made. This is a sign IMO! I know first hand.

The pps will adjust i know first hand.

Synovus launches buyback program, boosts dividend

Oct 21 2014, 08:14 ET | About: Synovus Financial Corp. (SNV) | By: Stephen Alpher, SA News Editor

Q3 net income of $44.2M or $0.32 per share vs. $44.3M and $0.32 in Q2. Excluding net litigation-related expenses, restructuring charges, and Visa indemnification charges, net income was $51.3M or $0.37 per share.
Net interest income of $206.3M vs. $205.1M in Q2, with NIM of 3.37% down four basis points.
Noninterest income of $64M vs. $63.4M in Q2, with mortgage banking income off 11.7% thanks to lower gains on sale. Mortgage origination volume of $197M vs. $188M.
Noninterest expense of $193.7M up $11.6M on the quarter thanks to litigation-related expenses. Adjusted out, noninterest expense of $166.8M slipped 1.6%.
Total credit costs of $15.7M fell 7.2% Q/Q and 29.8% Y/Y. Net charge-offs of $12.3M fell 65.4% from Q2.
Tier 1 Common Equity ratio of 10.6% up 18 basis points.
$250M share repurchase program announced, along with an increase in the dividend to $0.10 from $0.07.
Conference call at 8:30 ET
Previously: Synovus EPS in-line, misses on revenue
SNV flat premarket

http://seekingalpha.com/news/2043965-synovus-launches-buyback-program-boosts-dividend?uprof=45#email_link

Synovus EPS in-line, misses on revenue

Oct 21 2014, 07:04 ET | About: Synovus Financial Corp. (SNV) | By: Gaurav Batavia, SA News Editor

Synovus (NYSE:SNV): Q3 EPS of $0.37 in-line.
Revenue of $270.24M (+1.0% Y/Y) misses by $2.01M.
Press Release

http://seekingalpha.com/news/2043455-synovus-eps-in-line-misses-on-revenue?uprof=45#email_link


Synovus Announces Earnings for Third Quarter 2014, $250 Million Stock Repurchase Program, and 43% Increase in Quarterly Common Stock Dividend
Tue October 21, 2014 7:00 AM|Business Wire | About: SNV

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (SNV) today reported financial results for the quarter ended September 30, 2014.

Third Quarter Highlights
• Net income available to common shareholders for the third quarter of 2014 was $44.2 million or $0.32 per diluted share as compared to $44.3 million, or $0.32 per diluted share for the second quarter of 2014. • Net income available to common shareholders for the third quarter of 2014 was $51.3 million or $0.37 per diluted common share, excluding net litigation related expenses, restructuring charges, and Visa indemnification charges totaling $7.0 million after-tax.

• Total loans grew $132.8 million sequentially.
• Credit quality continued to improve as the NPL ratio declined to 1.18% at September 30, 2014 from 1.27% at June 30, 2014 and 2.29% a year ago, and the annualized net charge-off ratio for the third quarter declined to 0.24% and 0.41% year-to-date compared to 0.47% for the third quarter of 2013 and 0.75% for year-to-date 2013.
• All Tier 1 capital ratios continued to expand with the Tier 1 common equity ratio ending the quarter at 10.60%, up 18 basis points from the prior quarter.

The announced stock repurchase program and common dividend increase from $0.07 to $0.10 per share reflect our strong capital position, significantly improved risk profile, and earnings momentum, said Kessel D. Stelling, Synovus Chairman and CEO. These actions will provide increased returns to our broad shareholder base while still allowing us the flexibility needed to reinvest in the business and continue our pursuit of growth opportunities. These opportunities include the acquisition of specialized talent that enables us to reach untapped customer segments, expansion into new business lines, and significant investments in marketing and technology. Fundamentals such as expense management and credit quality remain high priorities as evidenced by our continued progress during the third quarter, but delivering exceptional customer service backed by comprehensive financial solutions is the primary focus of our teams efforts and energy day-to-day.

More...

http://seekingalpha.com/pr/11375415-synovus-announces-earnings-for-third-quarter-2014-250-million-stock-repurchase-program-and-43-percent-increase-in-quarterly-common-stock-dividend

Synovus Financial declares $0.07 dividend

Sep 3 2014, 17:13 ET | About: Synovus Financial Corp. (SNV)

Synovus (NYSE:SNV) declares $0.07/share quarterly dividend, in line with previous
Forward yield 1.15%
Payable Oct. 1; for shareholders of record Sept. 18; ex-div Sept. 16.

http://seekingalpha.com/news/1966155-synovus-financial-declares-0_07-dividend?uprof=45#email_link

Synovus misses by $0.13, beats on revenue

Jul 22 2014, 08:27 ET | About: Synovus Financial Corp. (SNV)

Synovus (NYSE:SNV): Q2 EPS of $0.35 misses by $0.13.
Revenue of $268.43M (+1.0% Y/Y) beats by $1.9M.
Press Release

http://seekingalpha.com/news/1856535-synovus-misses-by-0_13-beats-on-revenue?uprof=45


Synovus Reports Earnings for the Second Quarter of 2014
Tue July 22, 2014 8:21 AM|Business Wire | About: SNV

Diluted Earnings per Share of $0.32; $0.35 Excluding Restructuring Charges

Results driven by loan growth of 5.9%, increase in net interest income, and growth in fee income from core business

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (SNV) today reported financial results for the quarter ended June 30, 2014.

Second Quarter Highlights
• Net income available to common shareholders for the second quarter of 2014 was $44.3 million or $0.32 per diluted share.
• Excluding restructuring charges of $7.7 million, net income available to common shareholders for the second quarter of 2014 was $49.0 million or $0.35 per diluted share, a 6.9% increase compared to $0.331 as reported for the first quarter of 2014.
• Net income available to common shareholders for the first quarter of 2014 was $45.9 million, or $0.331 per diluted share. For the second quarter of 2013, net income available to common shareholders was $30.7 million, or $0.241 per diluted share. • The first quarter of 2014 results included restructuring charges of $8.6 million, a $5.8 million net gain from the Memphis transaction, and a $3.1 million gain on a branch property sale.
• The second quarter of 2013 results included restructuring charges of $1.8 million.

• Total revenues were $268.4 million for the second quarter of 2014. Excluding the impact of the first quarter of 2014 net gain from the Memphis transaction, the gain on the branch property sale, and investment securities gains, total revenues were up $8.0 million or 3.1% vs. the prior quarter.
• Total loans grew $296.8 million sequentially or 5.9% annualized, driven by growth in C&I and retail loans.
• Credit quality improved significantly with a 32.5% sequential quarter decline in nonperforming loans. The NPL ratio declined to 1.27% at June 30, 2014 from 1.91% at March 31, 2014 and 2.47% a year ago.
• All Tier 1 capital ratios continued to expand with the Tier 1 common equity ratio ending the quarter at 10.41%, up 17 basis points from the prior quarter.

We are pleased with our performance for the second quarter, which includes earnings per share of $0.35 excluding restructuring charges, said Kessel D. Stelling, Synovus Chairman and CEO. We reported solid loan growth of 5.9% annualized, with C&I and retail reporting 7.2% and 14.3% growth,

http://seekingalpha.com/pr/10532005-synovus-reports-earnings-for-the-second-quarter-of-2014

Synovus notches 2nd upgrade in two days • 1:48 PM

Synovus (SNV +2.7%) is ahead for a 2nd straight day after KBW upgrades the stock to Outperform. Yesterday, it was Raymond James which boosted the name to Outperform.
Both moves come following the bank's 1:7 reverse stock split in May - one of the reasons for which was to garner more institutional interest.



I never sold the last of my position before the split and am enjoying this steady post-split rise.

Reverse splits are usually a kiss of death, but it truly seems to be doing exactly what they had hoped for. After all, nothing else changed at the bank between this month and April.

Very interesting to see SNV creeping up after the R/S.

My leverage was killed but the rise is better than the alternative.

The chart from May 18th to today is very nice, if not frenetic looking.

as stated earlier I played it from $1-$2.... an never touched it again, but have an interest in it for other reasons that I don't care to post. GL.

Synovus Announces Quarterly Stock Dividend

Hey blackcat ... on a golf course I usually never run into someone I don't like, but that's not always the case on i-hub.

I'm traveling to a concert tomorrow, staying in a hotel and going to dinner & breakfast with my bride before hopping a plane to return home. I'm spending more than half of my remaining SNV position just for the heck of it.

Sometimes what remains in an investment is so insignificant that I don't pay much attention to it anymore. I have several losers that turned into tax write-offs. It's no big deal. I'm proud of them. They were learning experiences. SNV was a money winner for me since I more than doubled down between $1.50 and $1.80. I also sold most of it at about $3.50 and multiplied the shares by 7 when I bought ROX at about 50¢. ROX may fall apart, but I think it's billionaire owner is protecting his own investment an I'm not going to get hurt.

If you read and comprehended parrot head's post, he doesn't own SNV. He did in the past. He may short it. He may have a very smart idea.

SNV has been a dog for so long that's it's not worth spending as much time on it as other more important things. i-hub is just a place for fun.

May 20, 2014, COLUMBUS, GA – Synovus Financial Corp. (NYSE – “SNV”), the Columbus, Georgia-based financial services company, today announced that its Board of Directors has declared a dividend of $0.07 per share on the company’s common stock. The dividend will be payable on July 1, 2014 to shareholders of record as of June 19, 2014.
The increase in the dividend to $0.07 per share from the $0.01 per share dividend paid by Synovus in prior periods is the result of the one-for-seven reverse stock split implemented on May 16, 2014.

Synovus is a financial services company based in Columbus, Georgia with approximately $26 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally branded divisions, 274 branches, and 358 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. See Synovus on the web at synovus.com.

You two are funny. If you have no idea why it's still standing, I have no idea why you don't sell your shares and invest in something else. If you have no shares, I have no idea why you're posting.

The divi is a point. It should go to $.07, but no idea what it will do.

The preferred shares pay a reasonable divi-maybe you would like them better.

Sorry, no idea about a dividend. It appears they have major issues if they're still having to lay off hundreds of people. I feel there's a battle between Synovus Corp and its primary subsidiary Columbus Bank and Trust Co. Synovus likely wants close down some of the Columbus, GA branches and venture out into higher growth areas like Atlanta and Birmingham. Whereas CB&T would benefit from breaking away Synovus and holding onto its Columbus, GA market share and its 20-something branches in ATM's. Just my opinion.

You very well may have a good plan. There's nothing like knowing all of an investment's history and news. You may be in a great position to play SNV to your advantage.

They knew they were never going to be able to buy back their shares and they wanted to make it attractive to non-penny traders.

The strategy very well may backfire. SNV is going to trade down to a legitimate EPS price. Given that, there are much better investments in the $20 - $25 range.

Do you have any idea what is supposed to happen to the dividend? Are they still stuck on 1¢/qtr?

They don't have a revenue plan is the truth. They have so many random branches in dead towns. They obviously have the Columbus, GA market share, whoopeee... but that's been changing as the rise of military banks like USAA and Navy Fed come to town as well as larger more stable brands like BofA, WF, and Suntrust take a bite out of the market share. Their only business plan is get down on their knees and beg old customers and to undercut loan rates.

I played this stock from $1-$2 and never touched it again, just watching it fight for its life like so many other "regional" banks. I'm sticking with my opinion and believe Synovus will be forced to sell its assets outside of Columbus and dissolve. Columbus Bank and Trust Co. goes back to being about 5-6 branches in Columbus, GA and starts over again. I might short this for the next 2 years. GL.

SNV was so mired in the mortgage collapse. Their recovery was slower than almost everyone else's.

But what seems to be the worst part of it all is they don't seem to have a new revenue generating focus they can point to and tell us that's how we are going to grow again.

I caught a break with SNV. I first bought it naively at $3.80. I am still holding my "remaining" shares, but my leverage is gone. I am up on my total investment because I averaged down A WHOLE LOT when shares were cheap in the $1.50's - $1.80's.

When SNV was in the $3.50's and ROX was in the 50¢ range, I moved money over to ROX and gained a lot of leverage.

I have a serious portfolio and FUN money in high risk stocks.

SNV falls into a new unknown category.

It's no fun, and I can't take it seriously.

Seems like Synovus might seek a buyout and its subsidy Columbus Bank and Trust may try and start back over to the 1950's as Columbus' community bank. Synovus' problems started with the breakaway of TSYS in my opinion.

Nearly a week ago, Synovus Financial Corp. posted a profit of just under $46 million in the first quarter of this year.

To put things in perspective, it was in 2006 that the Columbus-based regional bank was at its financial zenith, racking up a full-year profit of nearly $617 million.

That number would tumble to about $526 million in 2007 as the nation's economic wheels were beginning to fly off. Synovus would post a profit of $81 million in early 2008, followed by a minuscule $12 million in the second quarter of that year.

A loss of nearly $27 million in the third quarter of 2008 would trigger a gloomy three-year string of red ink before the company tasted profit again in the fall of 2012.

So it's fair to believe that Synovus Chairman and Chief Executive Officer Kessel Stelling was genuine when, during last Thursday's annual meeting of Synovus shareholders in Columbus, he called the last several years a "very emotional experience" for all involved -- employees, investors and even customers who stuck with the bank through thick and thin.

"We can't thank you enough for your loyalty through some very tough times," Stelling said during the annual meeting. "You all made it possible for us to emerge not just as a survivor, but as a stronger company today."

The painful toll has been heavy since 2008, with restructurings, employee layoffs, branch closures and a frantic yet methodical effort to get a firm handle on loan losses and grow revenue and profit steadily once again.

Of note from last week's annual meeting, Synovus, in its presentation, said the company's five-state employee headcount has been cut sharply from 6,385 in 2009 to 4,696 at the end of 2013.

Stelling said yet another round of cost-cutting is underway, with the bank looking to eliminate $30 million more from its annual budget. That will be countered a bit with the rollout of 200 full-service ATMs and hiring of new talent where the company's management sees growth potential.

Here is what the CEO had to say on a few topics after the annual meeting adjourned:

• Will the $30 million round of cuts be the company's last?

"You never stop," he said. "I don't think any bank ever stops looking for ways to get efficient, because the key is to find ways to get efficient that don't impact the customer so that you can invest more in technology to serve them, or more in people that can serve them."

• Will there be more bank branch closures?

"We'll continue to look for ways to rationalize the branch structure," he said. "So it could mean closing some. It could mean consolidating some. It could also mean building some -- building a branch of the future, which we do think has more technology in it and less square footage in it. Historically, banks have built big branches, and that's not what banks need to do in the future."

• Has your employee headcount bottomed out at just under 4,700?

"I don't want to say that because I don't know that," he said. "I think as we look at our branch network -- in all banks, not just Synovus -- traffic has shifted from traditional branch banking to ATMs and mobile banking, to people wanting to bank from their iPhone. They want to bank from their iPad, their laptop. That just means less traffic (in traditional branches). So we've got to make sure that the staffing model in our branch system is right and it's right to serve the customers."

Synovus oversees about $26 billion in assets through its 28 individually branded banks in Georgia, Alabama, Florida, South Carolina and Tennessee. It should report its second-quarter earnings information in mid- to late July.

Read more here: http://www.ledger-enquirer.com/2014/04/27/3077052/synovus-ceo-stelling-says-more.html#storylink=cpy

How this Columbus, GA bank is still standing is beyond me. It took 5 years to pay back TARP.

Synovus Financial Corp. Announces One-for-Seven Reverse Stock Split

Columbus, Georgia, April 24, 2014 – Synovus Financial Corp. (NYSE: SNV) announced today that a proposal authorizing Synovus’ Board to effect a one-for-seven reverse stock split of Synovus’ common stock, par value $1.00 per share, was approved by Synovus’ shareholders at Synovus’ 2014 annual meeting of shareholders, which was held on April 24, 2014. Following the annual meeting, Synovus’ board of directors formally authorized the one-for-seven reverse stock split.

Synovus anticipates that it will effect the reverse stock split on May 16, 2014, and that its shares of common stock will begin trading on a post-split basis on the New York Stock Exchange (NYSE) at the opening of trading on May 19, 2014. The reverse stock split is expected to lead to Synovus’ common stock trading at approximately 7 times the price per share at which it trades prior to the effective date of the reverse stock split.

“We believe that this anticipated increase in the market price per share will help make our common stock more attractive to a broader range of investors, which we in turn believe will benefit our existing stockholders by enhancing the liquidity of our common stock,” said Kessel Stelling, Synovus Chairman and CEO.

Synovus intends to issue a press release announcing additional details regarding the reverse stock split closer to the effective date of the reverse stock split. Additional information on the effects of the reverse stock split can be found in Synovus’ definitive proxy statement filed with the Securities and Exchange Commission on March 14, 2014.

In addition to the approval of the reverse stock split and certain other matters at Synovus’ 2014 annual meeting of shareholders, Synovus’ shareholders also approved an amendment to Synovus’ articles of incorporation to increase the number of authorized shares of Synovus’ common stock from 1.2 billion shares to 2.4 billion shares. Synovus effected this increase in the number of authorized shares on April 24, 2014. Upon the effective date of the reverse stock split, the number of Synovus’ authorized shares of common stock will be proportionately reduced from 2.4 billion shares to approximately 342.9 million shares.

https://www.synovus.com/?id=5002&catID=newsrelease&nrid=1467&year=2014

* FD - I do not own shares of SNV at this time.

Marker:
Synovus Financial Co (SNV)
$3.23 up 0.06 (1.89%)
Volume: 5,264,752

Who said they are doing a R/S. I have not seen any news about a R/S or is that your idea?

The R/S is frustrating. They've had such a tough time getting past TARP and their legacy mortgage problems.

They don't want to wait until the share price reaches respectability. They want to get rid of the stigma of have a sub $5 stock.

They also can't afford to institute a huge share buy-back program to lessen the impact of the two dilutive secondaries they had to do in order to survive.

The R/S will kill my leverage. I'll probably sell because combined with the R/S they just can't increase revenues.

Got my shareholder proxy materials Didn't like the idea of voting for a reverse split sold this today.. Maybe Ill do better on a different one maybe I wont .

SNV is a well managed company that came through the crisis, repayed TARP and just can't get it going. I am very surprised.

I've held this for years having bought it several times in the mid to high 1's. I expected it to get legs and start moving a little more than it has.

Jim Cramer doesn't like it. Not because of anything bad; just because there are so many better banks to invest in. I bought a bunch of banks during the crisis, and as we were coming out of it. All are doing much better. It's a great industry.

SNV will be okay. It's just taking them a longer time.

$SNV..Synovus Announces Quarterly Stock Dividend

8:10 AM ET 3/7/14 | BusinessWire

Synovus Financial Corp. (NYSE - "SNV"), the Columbus, Georgia-based financial services company, today announced that its Board of Directors has declared a dividend of $0.01 per share on the Company's common stock. The dividend will be payable on April 1, 2014 to shareholders of record as of March 20, 2014.

$SNV..been nice in my portfolio as well, just recently added more @3.27 #Synovus, just holding.

Ive had a liitle bit of this for 6 months shes held rock steady even up a bit.

Here's What This $18 Billion Money Manager Has Been Buying

SEE RED

by Selena Maranjian, The Motley Fool Jan 30th 2014 11:05AM
Updated Jan 30th 2014 11:06AM


Every quarter, many money managers have to disclose what they've bought and sold via "13F" filings. Their latest moves can shine a bright light on smart stock picks.

Today, let's look at Eagle Asset Management, a massive money-management arm of Raymond James Financial. Tracing its history back to 1976, the company provides investment services via individual managed accounts, as well as mutual funds.

The company's reportable stock portfolio totaled $17.6 billion in value as of Dec. 31, 2013.

Interesting developments
So what does Eagle Asset Management's latest quarterly 13F filing tell us? Here are a few interesting details.

The biggest new holdings are Telus Corporation and Ophthotech Corporation. Other new holdings of interest include InnerWorkings . InnerWorkings is a print management and promotions specialist, and its shares have roughly been cut in half over the past year. Much of that drop occurred in November, when InnerWorkings' third-quarter results featured revenue up 16%. Oh, and both revenue and earnings came in below estimates. And management cut expectations for upcoming earnings by more than half. In a conference call at the time, management pointed to major new clients like Energizer and strength in the non-profit sector, too. Problems were blamed on the acquired Production Graphics business and inside sales weakness.

Among holdings in which Eagle Asset Management increased its stake were Sirius XM Holdings and Synovus Financial Corp.

I have owned both with multiple buys for 5 years.

Sirius XM Holdings recently extended a contract with Nissan, is being included in 70% of new cars, and sees an even brighter future in used cars than in new ones. Bulls see paths to international expansion via streaming, like its growing margins, and view its third-quarter earnings disappointment as a good buying opportunity. Bears worry about competition from free and Internet radio services, such as Pandora. Sirius is rewarding shareholders with massive share buybacks of up to 10.6% of its outstanding shares. It has more than 25 million subscribers and takes in close to $4 billion annually. Sirius reports its fourth-quarter and full-year results on February 4.

Synovus Financial, a 125-year-old Georgia-based bank, is far smaller than its main rivals in the South, and it has recently been losing market share to them, too. On the other hand, its bottom line has been growing and its commercial loan portfolio is strong. (Commercial loans can be more profitable than consumer loans.) Synovus Financial's third quarter revealed continued improvement in credit quality along with loan growth, and its CEO spoke of a switch to offense rather than defense, now that Synovus's TARP debt has been repaid. Loans kept growing in its fourth quarter, too, as credit costs fell, though its mortgage banking business took a hit. The stock yields 1.1%.

Eagle Asset Management's biggest closed positions included SHFL entertainment and Ariad Pharmaceuticals, . Other closed positions of interest include Tower Group International, Ltd. . Ariad Pharmaceuticals, recently trading in the mid-$7s per share, has traded between $2.15 and $23 over the past 52 weeks, clearly giving some investors a wild ride. Ariad's leukemia drug Iclusig was approved by the FDA, but the FDA later had it pulled from the market, only to reinstate it late in the year, with more restrictive labeling. Some wonder whether Ariad will be bought out, but others see it offering little beyond tax losses carried forward. Meanwhile, it's best not to invest based on rumors. Ariad does have more treatments in its pipeline, but most are based on Iclusig. Still, analysts at BMO Capital Markets recently upgraded Ariad Pharmaceuticals to outperform.

Tower Group International is a small insurance company -- but it hasn't always been so small, as its stock is down some 85% over the past year and has averaged 33% annual losses over the past five years. Tower Group has had to restate several years' worth of earnings, which is, reasonably, unsettling to investors, and a restructuring has lowered its ultimate profit potential, too. Early in January, analysts at Zacks downgraded the stock to strong sell, citing rising losses and a reserve shortfall, among other things. Soon after, it was announced that privately held ACP Re would acquire Tower Group.

We should never blindly copy any investor's moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing. 13F forms can be great places to find intriguing candidates for our portfolios.

Not exactly 38,860 @ $1.93 average

Your bank over-draft article...if you look at the very bottom, the fine print says 2012. It looks as though, you are shorting this stock. Bad-mouthing the stock, to knock the price down further.

Whats the word..$SNV..$$$$$

Added $SNV..3.66 today long

Well, it would appear they have a lot of company now, wouldn't it?

Excessive Bank Overdraft Fee Lawsuits

Lawsuits have been filed against the following banks in the bank overdraft litigation:

Associated Banc-Corp.
BancorpSouth Bank
Bank of America
Bank of Oklahoma, N.A.
Bank of the West
Capital One Financial Group, Inc.
Citibank
Citizens Financial Group, Inc.
Columbus Bank & Trust
Comerica Inc.
Commerce Bank, N.A.
Compass Bank
Great Western Bank
Harris Bank, N.A.
Iberiabank
JPMorgan Chase
Keybank
M&I Bank
M&T Bank
PNC Bank
RBC Bank
Susquehanna Bank
Synovus Bank
TD Bank
Union Bank
United Bank, Inc.
U.S. Bank
Wachovia
Wells Fargo Bank

http://www.bank-overdraft.com/cases/synovus.htm

http://www.bank-overdraft.com/cases/synovus.htm

Here's a new one.

This is my hometown bank since I was a kid headquarters if 5 miles from my house and it's sad that everyone here is switching to other banks by the way they do buisness it's pathetic you walk in a branch and there is nothing but unqualified overwieght slobs handling your money.