Synovus Financial Corporation (NYSE:SNV) Q3 2023 Earnings Conference Call October 19, 2023 8:30 AM ET

Company Participants

Kevin Blair - Chairman, President, Chief Executive Officer

Jamie Gregory - Chief Financial Officer

Bob Derrick - Chief Credit Officer

Jennifer Demba - Head of Investor Relations

Conference Call Participants

Ebrahim Poonawala - Bank of America

Steven Alexopoulos - JP Morgan

Michael Rose - Raymond James

Brady Gailey - KBW

Christopher Marinac - Janney Montgomery Scott

Brandon King - Truist Securities

Kevin Fitzsimmons - DA Davidson

Timur Braziler - Wells Fargo

Brody Preston - UBS

Stephen Scouten - Piper Sandler

Operator

Good morning and welcome to the Synovus third quarter 2023 earnings call. All participants will be in a listen-only mode, and should you need assistance, please signal a conference specialist by pressing star, zero.

After today’s presentation, there will be an opportunity to ask questions. If you would like to do so, please press star, then one on your telephone keypad. To withdraw your question, please press star then two.

Please note this event is being recorded, and I will now turn the call over to Jennifer Demba, Head of Investor Relations. Please go ahead.

Jennifer Demba

Thank you and good morning.

During today’s call, we will reference the slides and press release that are available within the Investor Relations section of our website, synovus.com. Chairman, CEO and President, Kevin Blair will begin the call. He will be followed by Jamie Gregory, Chief Financial Officer, and they will be available to answer your questions at the end of the call.

Our comments include forward-looking statements. These statements are subject to risks and uncertainties, and the actual results could vary materially. We list these factors that might cause results to differ materially in our press release and in our SEC filings, which are available on our website. We do not assume any obligation to update any forward-looking statements because of new information, early developments or otherwise, except as may be required by law.

During the call, we will reference non-GAAP financial measures related to the company’s performance. You may see the reconciliation of these measures in the appendix for our presentation.

Now Kevin Blair will provide an overview of the quarter.

Kevin Blair

Thank you Jennifer. Good morning everyone and thank you for joining us for our third quarter 2023 earnings call.

Over the past three months, Synovus has taken several actions to better position the bank for a more challenging, higher-for-longer interest rate environment, while continuing to build and expand our diversified business model in order to deliver long term sustainable growth.