|Bid||24.80 x 210000|
|Ask||25.00 x 180000|
|Day's Range||24.60 - 24.60|
|52 Week Range||23.20 - 42.40|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 19, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Synovus Financial (SNV) has wrapped up the deal to sell GLOBALT back to its leadership team.
ATLANTA, October 02, 2023--GLOBALT Investments LLC and Synovus Financial Corp. (NYSE:SNV) today announced the completion of a transaction through which the leadership team of GLOBALT has purchased the firm from Synovus and now operates as an independent entity.
Synovus (SNV) expects the net charge-offs/average loans ratio at or near the high end of 0.30-0.40% for 2H23. This includes the expected charge-off from the exposure to a bankrupt borrower.