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Posted by
Two Blokes 6 hours ago -
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Synovus delivered strong Q2 results, with impressive credit quality improvements and accelerating middle-market loan growth, supporting an earnings beat and raised guidance. Deposit attrition was modest and largely intentional, as Synovus shifted away from high-cost funding, maintaining a stable core deposit base and ample liquidity. The bank's solid capital position, improving net interest margin, and conservative underwriting support a secure dividend and ongoing growth prospects.
