Synovus Financial Corp. Sees Its Income Triple Thanks to Improved Credit Quality
Today, Synovus Financial reported its net income rose from $14.8 million in the first quarter of 2013 to $45.9 in 2014 thanks to big improvements in the credit quality of its loans.
3 Things You Need to Know About This Regional Bank
Synovus has been diligent with its cost cutting initiative. However, investors need to know how the bank plans on allocating its future capital.