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Synovus Financial Corporation Message Board

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  • petekook petekook Aug 17, 2011 1:01 PM Flag

    Profitability this quarter and this is why

    I'll settle for no losses by the end of 2012....that sends us over $2. Refinance activity is not what SNV wants, just replaces good higher interest loans with lower interest ones. short term boost for refi fees but not great long term. SNV needs to see the economy pick up (hiring) so that businesses will need the commercial space SNV has financed. Financed raw commercial land is bad bad news for SNV until things pick up.......

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