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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
October 28
Synovus Financial Corp. reported its ninth straight quarterly loss, though credit costs continue to decline.
The $31 billion-asset company based in Columbus, Ga., lost $195.8 million in the third quarter, compared with a loss of $454 million a year earlier.
Kessell Stelling, who was named CEO this month after several months in an interim role, said in a press release that the company is "focused on reestablishing a growth engine" that includes plans for developing a new set of products geared toward commercial clients.
The loan-loss provision fell 20% from the previous quarter and 52% from a year earlier, to $239 million.
Net chargeoffs fell 45% from the second quarter and 52% from a year earlier, to $237.2 million. Nonperforming assets fell 1.1% from the second quarter and 11% from a year earlier, to $1.6 billion.
