Synovus Financial Corp.
Synovus Financial Corp. is a financial services company and registered bank holding company headquartered in Columbus, Georgia. Founded in 1888, Synovus operates primarily in Georgia, Alabama, South Carolina, Florida, and Tennessee through 244 branches and over 335 ATMs. The firm employs approximately 4,800 people and delivers a wide array of commercial and consumer banking products, including wealth and asset management, mortgage services, treasury management, and specialty lending products to individuals, businesses, and institutions.
Investment Strategy
Synovus Financial Corp. pursues a diversified regional banking strategy across the Southeast United States, focusing on both commercial and consumer banking. The company offers tailored financial solutions encompassing commercial lending, real estate lending, asset management, capital markets, mortgage and consumer loans, and advisory services. Their investment approach emphasizes building long-term customer relationships, providing highly specialized financial services, and supporting the economic growth of businesses and individuals within their footprint. In addition to traditional banking products, Synovus offers corporate and investment banking expertise, including M&A advisory, private capital, debt capital markets, and risk management solutions.
Top Holdings
Equity Positions (903)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IWD | ISHARES TR | 7.69% | $628.6M | 3,236,174 | $115.74 | $194.23 | +$31.0M |
G GPN | GLOBAL PMTS INC | 7.56% | $617.5M | 7,715,279 | $153.13 | $80.04 | -$114.9M |
K KO | COCA COLA CO | 6.62% | $540.6M | 7,640,580 | $34.96 | $70.75 | -$24.3M |
I IWF | ISHARES TR | 6.31% | $515.7M | 1,214,533 | $120.81 | $424.58 | +$82.0M |
S SNV | SYNOVUS FINL CORP | 3.37% | $275.0M | 5,314,299 | $25.81 | $51.75 | +$25.9M |