Synovus Financial Corp - Company Profile
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Synovus Financial Corp (Synovus) is a diversified financial-holding company. Adequate capital; net interest margin, and cost efficiency are a few of its key strengths; even as decline in non-interest income could be an area for improvement. Emergence of FinTech companies, growing market for payment channels in the US, and strategic initiatives may offer significant growth opportunities to the company. However, risks related to online identity theft and hacking, emergence of neobanks, and crowded robo advisor field may affect the growth of the company.
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