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Home > Company Index > Banking > Banking - Southeast > Synovus Financial Corp.

Synovus Financial Corp.
NYSE: SNV
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 NEWS FROM THE WIRES
RESEARCH ALERT-Salomon cuts mid-cap banks' ratings
Jul 23 2001 09:01 AM PDT

Stock slump knocks profits at JP Morgan Chase, Fleet
Jul 18 2001 08:41 AM PDT

Synovus profit rises 22 percent on loan growth
Jul 18 2001 06:07 AM PDT

More WIRE STORIES about this company

 PROFILE
Synovus Financial is a holding company for about 40 community banks offering deposit accounts and consumer and business loans in Alabama, Florida, Georgia, and South Carolina. Through more than 200 locations, the banking subsidiaries provide retail banking, credit cards, trust services, mortgage banking, insurance, and securities brokerage. Synovus' 81%-owned Total System Services (TSYS) generates almost a third of the company's income. The subsidiary provides online bank card data-processing systems; related computer equipment sales and leasing; direct-mail and telemarketing services; and commercial bank card printing. Synovus looking to grow its wealth management business.

 COMPETITION
BB&T Corporation (BBT)
First Data Corporation (FDC)
SunTrust Banks, Inc. (STI)

 DEALS
Deal: The Knot To Promote Synovus' PointPathBank
Date Announced: 02.29.00
Value of transaction (US $Mil): 0
Description: Synovus Financial's Internet bank signs two-year deal to be exclusive financial services resource on wedding site theknot.com and The Knot's AOL space.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,931.30
1-Yr. Sales Growth: 18.6%
Employees: 9,672
Revenue per employee: $199,679.49

 KEY PEOPLE
• James H. Blanchard
    CEO
• Thomas J. Prescott
    CFO

 CONTACT INFO
1 Arsenal Place, 901 Front Ave., Ste. 301
Columbus, GA 31901
US
Phone: 706-649-5220
Fax: 706-644-8065
Online: Web Site

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