-
Posted by
Two Blokes Apr 20 -
Filed in
Stock
-
3 views
Synovus shares have dropped 30% from highs despite strong Q1 results, creating a potential buying opportunity. Q1 earnings of $1.30 beat estimates by $0.18, driven by a 6% revenue growth and improved credit quality. Synovus has a solid deposit mix and loan portfolio, with a focus on business lending and reduced CRE exposure.
