...A. I am here to introduce Synovus Financial, an $8 billion market cap, $60 billion asset bank that is headquartered in Columbus, Georgia and operates in five states in the Southeast: Georgia, Florida, Alabama, South Carolina, and Tennessee. B. You may have noticed that Synovus' stock was up 17.5% yesterday, which was the 15th largest one day move in the stock over the past 30 years and the largest move in what I will describe as non-panic rallies. C. Synovus' stock has outperformed the KRE by around 33% and the S&P 500 Equal Weighted Index by more than 60%. D. So the '25 consensus EPS number for Synovus is up a little bit more than 10% over the past year while EPS forecast for the 2 benchmarks I just named were down 4% to 5%. E. Importantly, the consensus number for '25 equates to just a 1.06% ROA so one can make the case that the Synovus self-help improvement story is not in the final chapters. F. Fun fact, there are 144 banks in the S&P Regional Bank Index, the KRE, and Synovus is the...
