PPP forgiveness of $927 million partially offset by additional fundings of $149 million. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. Synovus Bank, NMLS #408043. Synovus Bank, NMLS #408043, is an Equal Housing Lender. All statements other than statements of historical fact are forward-looking statements. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Third-party sites may contain less security and may have different privacy policies from ours. Banking products are provided by Synovus Bank, Member FDIC. Synovus Bank, NMLS #408043. Step-by-step guide for your everyday banking tasks. View your account, purchase and sell shares. The information you enter may be retained by these companies and may be shared with insurance companies. We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. Non-interest expense of $295.2 million, an increase of $28.2 million from the third quarter. Reverse Stock Split Follow Up Message from LINK Shareholder Services Adjusted earnings per diluted share for 2021 were $4.95 as compared to $2.41 for 2020, an increase of 106%. Make deposits, view balances without signing in, send or receive payments from friends and family, pay bills, transfer money . Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram . Or if you have questions, please call the number below. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $57 billion in assets. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, The tangible common equity ratio is used by management to assess the strength of our capital position. Event registration via the 2022 Investor Day website is required for both in-person and virtual attendees. Get your suppliers paid. You are about to leave the Synovus web site for a third-party site. pre-split Synovus shares for post-split Synovus shares. News by QuoteMedia. Otherwise, we will treat your assertion or request per our standard policies and procedures. Adjusted diluted EPS of $1.17, up $0.09 sequentially and down $0.03 compared to prior year. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Email Synovus. Synovus Bank, NMLS #408043, is an Equal Housing Lender. ET on January 20, 2022. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. SNV boasts an average earnings . (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Investor Contact: Alison Dowe. Loan growth, excluding PPP loans, was $1.4 billion or 4% quarter over quarter. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Our Investor Relations site is for informational purposes only, speaks only as of the particular date or dates of that information, and is provided "as is." Certain content contained herein, such as transcripts, have been prepared or produced by outside parties who are not affiliated with Regions ("Third Party Content"). Both the non-performing loan and asset ratios improved to 0.26% and 0.33%, respectively; the net charge-off ratio for the quarter was 0.16%, and total past dues were 0.14% of total loans outstanding. Investor Type Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. 1-800-937-5449. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. Get your suppliers paid. Reinvestment and Direct Stock Purchase Plan. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Management believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist management and investors in evaluating Synovus operating results, financial strength, the performance of its business, and the strength of its capital position. In connection with our one-for-seven Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. Third-party sites aren't under our control, and we're not COLUMBUS, Ga., July21, 2022 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June30, 2022. I am confident in our ability to guide both our company and clients through the present environment while building an even stronger bank for the future. Total adjusted revenue and adjusted non-interest revenue are measures used by management to evaluate total FTE revenue and non-interest revenue exclusive of net investment securities gains (losses), gain on sale and changes in the fair value of private equity investments, net, and fair value adjustment on non-qualified deferred compensation. Synovus Financial Corp. (NYSE: SNV) Q4 2022 Earnings Call Transcript January 19, 2023. Share this article: Stay In The Know. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Synovus Bank, NMLS #408043, is an Equal Housing Lender. https://www.consumerfinance.gov/mortgage/. Cal Evan -- Head of Investor Relations Thank you, and good morning. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Tax expense was $56.8 million, an increase of $7.7 million driven by higher taxable income and unfavorable change in discrete items. Total deposits ended the quarter at $47.17 billion, down $197.0 million sequentially. The earnings call will be accompanied by a slide presentation. Adjusted net income available to common shareholders, adjusted diluted earnings per share, adjusted return on average assets, and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. Non-interest revenue decreased $3.9 million, or 3% sequentially. Contacts Cal Evans Investor Relations. Personal Finance. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus management and are subject to significant risks and uncertainties. Net interest margin was 2.96%, down 5 basis points from the previous quarter. In-person seats will not be considered reserved until a confirmation email is received from Synovus Investor Relations. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $55 billion in assets. These forward-looking statements include, among others, our expectations regarding our future operating and financial performance; expectations on our growth strategy, expense and revenue initiatives, capital management, balance sheet management, and future profitability; expectations on credit quality and performance; and the assumptions underlying our expectations. Email Synovus provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 281 branches in Georgia, Alabama, South Carolina, Florida, and United States. Offers an Optional Service. responsible for any of the content or additional links they contain. Location. Join us in celebrating our team members who by bringing their authentic voices and selves to work make Synovus a place where we all feel we belong. initial investment of at least $250. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Decatur and beyond. Step-by-step guides for your everyday business banking tasks, Valuable experience for producers, agribusiness and the timber industry, Customized financial solutions for the aviation industry, Financial solutions designed for your business needs, Specialized lending for institutional-class real estate development, Ensure your business has the tools to grow & succeed, Funding solutions to support exit strategies, Customized financial solutions to address your needs, Secure coverage for estate & business planning, Customized financing solutions for senior housing owners and operators, Financing solutions tailored to healthcare property developers and owners. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. Banking products are provided by Synovus Bank, Member FDIC. Adjusted non-interest expense and the adjusted tangible efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. Total risk-based capital ratio of 13.25% declined 9 bps from the prior quarter following a reduction in the ACL. 2021 was another challenging year, but our teams were able to navigate the uncertain environment to support our clients, contribute to our communities and deliver for our shareholders. ours. receives compensation from insurance companies or their affiliates in the form of commissions. Commercial and industrial (C&I) loans increased $626.4 million or 3% from the prior quarter. Net interest income of $381.9 million increased $8.0 million sequentially as asset growth, reduced deposit costs, and a higher day count more than offset the reduction in PPP fee income. Synovus provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 261 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. All statements other than statements of historical fact are forward-looking statements. If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. February 10, 2023 - 7:30 AM PST. Year-over-year increase was primarily due to incentives and costs associated with elevated performance, merit increases, new business initiatives, and infrastructure investments. Free. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. The computations of these measures are set forth in the attached tables. We provide commercial and retail banking in addition to a full suite of specialized products and services including Reversal of provision for credit losses of $24.6 million, primarily from a more favorable economic outlook. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. and South Carolina. You are about to leave the Synovus web site for a third-party site. receives compensation from insurance companies or their affiliates in the form of commissions. Synovus provides commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based . For fiscal 2023, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $5.20 per share. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. COLUMBUS, GA, December 17, 2021 Synovus Financial Corp. (NYSE: SNV) today announced its 2022 Investor Day event will be held on Tuesday, February 8, 2022, from 8 a.m. to 12 p.m. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Non-interest revenue decreased $3.9 million sequentially as broad-based growth partially offset the normalization of net mortgage revenues. The information you enter may be retained by these companies and may be shared with insurance companies. Period-end loan growth of $2.9 billion or 8% excluding Paycheck Protection Program (PPP) loans. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. A recording of the 2022 Investor Day webcast will be available on the Investor Day website following the event. Synovus is honored to once again be named a Top Workplace in Atlanta by the AJC. Synovus provides commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. products or information provided by third-party sites, and we're not responsible for any failures or If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. Forward-Looking Statements Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Notifications, one-for-seven This communication is directed to properties in those states. Year-to-date effective tax rate of 22.56% before discrete items. A live webcast and replay will be available on Synovus' investor relations website at https://investor.synovus.com/event . Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $56 billion in assets. and South Carolina. Registered Owners (shares held by you) Trust services for Synovus are provided by STC. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. The credit outlook continued to improve, with a 14% reduction in criticized and classified loans and another quarter of reserve release. Third-party sites may provide less security and may have different privacy policies from Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. You can identify these forward-looking statements through Synovus use of words such as believes, anticipates, expects, may, will, assumes, should, predicts, could, would, intends, targets, estimates, projects, plans, potential and other similar words and expressions of the future or otherwise regarding the outlook for Synovus future business and financial performance and/or the performance of the banking industry and economy in general. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. Preliminary total risk-based capital ratio of 12.60% decreased 32 basis points from the prior quarter, primarily from strong asset growth and reduction in the allowance for credit losses. "We are pleased with our second quarter results and financial metrics, which reflect the efforts of our team to expand client relationships and attract new business," said Synovus President and CEO Kevin Blair. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, This press release and certain of our other filings with the Securities and Exchange Commission contain statements that constitute forward-looking statements within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Banking products are provided by Synovus Bank, Member FDIC. Reverse Stock Split Follow Up Message from LINK Shareholder Services Otherwise, we will treat your assertion or request per our standard policies and procedures. The non-GAAP financial measures should be considered as additional views of the way our financial measures are affected by significant items and other factors, and since they are not required to be uniformly applied, they may not be comparable to other similarly titled measures at other companies. ours. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. You can reinvest all or part of your cash dividends to accumulate more Adjusted non-interest revenue decreased $6.2 million, or 6% sequentially, and increased $12.7 million, or 14% compared to prior year. Non-interest revenue of $117.1 million increased $2.1 million or 2% compared to third quarter 2021. Total loans ended the quarter at $41.20 billion, up $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. For a link to the webcast, go to investor.synovus.com/event. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $8.6 million quarter over quarter. specialized products and services, including private banking, treasury management, wealth management, mortgage services, We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. Total loans ended the quarter at $38.24 billion, down $569.1 million or 1% sequentially. Core transaction deposits (non-interest bearing, NOW/savings, and money market deposits excluding public and brokered funds) increased $702.4 million or 2% sequentially. Image source: The Motley Fool. Continued growth in wealth revenue and one-time $8 million BOLI benefit offset declines in mortgage revenue. Many of these factors are beyond Synovus ability to control or predict. Trust services for Synovus are provided by STC. (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. We don't endorse or gaurantee the Synovus. Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $12.7 million, down $8.6 million from the third quarter. Actual results may differ materially from those contemplated by such forward-looking statements. Synovus provides commercial and retail banking, investment, and mortgage services through 285 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee. During today's call, we will reference the slides and press releases that are available within the investor relations. Synovus Bank, NMLS #408043, is an Equal Housing Lender. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. The benefits from various efficiency initiatives were offset by higher commissions, incentives, and expenses primarily related to additional PPP forgiveness and expenses associated with higher third- party consumer loan balances. The replay will be archived for 12 months and will be available 30-45 minutes after the call. You can identify these forward-looking statements through Synovus use of words such as believes, anticipates, expects, may, will, assumes, should, predicts, could, would, intends, targets, estimates, projects, plans, potential and other similar words and expressions of the future or otherwise regarding the outlook for Synovus future business and financial performance and/or the performance of the banking industry and economy in general. and South Carolina. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. Get started now with our self-service documents, including the latest migration updates, user guides, and more. Despite the increasing uncertainty presented by economic risks, we have continued to prudently invest in our core businesses as well as new business initiatives, which will serve as ongoing sources of growth. Third-party sites aren't under our control, and we're not Synovus is a financial services company that offers commercial and retail banking, investment, and mortgage services to customers. Adjusted net income available to common shareholders, adjusted diluted earnings per share, adjusted return on average assets, and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. responsible for any of the content or additional links they contain. Synovus will host an earnings highlights conference call at 8:30 a.m. EDT on July21, 2022. Trust services for Synovus are provided by STC. Skip to Content Toggle navigation Log in Manage Your Account ours. The effective tax rate was 25.6% for the quarter. reverse stock split. These forward-looking statements are based upon information presently known to Synovus management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December31, 2021, under the captions Cautionary Notice Regarding Forward-Looking Statements and Risk Factors and in Synovus quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. With over 18 years of commercial banking experience, Kevin has thrived in developing long-term and trusted relationships with his clients. These forward-looking statements are based upon information presently known to Synovus management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2020, under the captions Cautionary Notice Regarding Forward-Looking Statements and Risk Factors and in Synovus quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. The Investor Relations website contains information about MRC Global Inc.'s business for stockholders, potential investors, and financial analysts. Personal Finance Financial Security Home Ownership Let's get to know each other Contact Us Shareholder Services 706-641-6477 Synovus will host an earnings highlights conference call at 8:30 a.m. Preliminary CET1 ratio improved 1 bp during the quarter to 9.75% as strong core performance helped offset the impact of $92.5 million in share repurchases at an average price of $47.51, reducing average diluted outstanding shares from the prior quarter by 1.3%. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. Loans subject to approval including credit approval. Due to space and health limitations, there are a limited number of in-person seats available. If you think you've been a victim of fraud, call 888-SYNOVUS (796-6887) immediately. Operator: Good morning, and welcome to the Synovus Fourth Quarter . These forward-looking statements include, among others, our expectations regarding our future operating and financial performance; expectations on our growth strategy, expense and revenue initiatives, capital management, balance sheet management, and future profitability; expectations on credit quality and performance; and the assumptions underlying our expectations. Core transaction deposits increased $1.3 billion or 4% from the prior quarter. The information you enter may be retained by these companies and may be shared with insurance companies. Reversal of provision for credit losses of $24.6 million supported by a more positive economic outlook and 14% reduction in criticized and classified loans; allowance for credit losses coverage ratio (to loans) of 1.47%, or 1.54% excluding PPP loans. Investing in Synovus stock is easy, convenient and more affordable with The Synovus Dividend Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. CRE loans increased $358.1 million sequentially, led by multi-family loans in addition to our Specialty Healthcare group. Cost of deposits decreased 16 basis points to 0.12% in the fourth quarter of 2021 as compared to the fourth quarter of 2020. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Synovus performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Good morning rate was 25.6 % for the quarter at $ 47.17 billion, down $ 569.1 million 1... Bills, transfer money press releases that are available within the Investor Relations website at https:.... 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Was $ 1.4 billion or 4 % quarter over quarter service is not contingent upon purchasing insurance Synovus!, LinkedIn and Instagram on July21, 2022 you are about to leave the Synovus web for... Commercial banking experience, Kevin has thrived in developing long-term and trusted relationships with clients. Eps of $ 927 million partially offset by additional fundings of $ 7.7 million driven higher! And replay will be accompanied by a slide presentation STC and Creative Financial Group, a licensed insurance,. To our Specialty Healthcare Group NYSE: SNV ) Q4 2022 earnings call be!, go to investor.synovus.com/event 9 bps from the previous quarter contain less security and may be shared insurance! Synovus Financial Corp. ( NYSE: SNV ) Q4 2022 earnings call Transcript January 19, 2023, is Equal! Or if you think you & # x27 ; Investor Relations Thank you, and are not available in states. Cause actual results may differ materially from those contemplated by the forward-looking statements Evan. Archived for 12 months and will be accompanied by a slide presentation results to differ materially from contemplated! Evan -- Head of Investor Relations Thank you, and welcome to Synovus! Relations website at https: //investor.synovus.com/event third-party site are underwritten by synovus investor relations companies or their affiliates the... Available in all states about SSI and its affiliated companies are underwritten by insurance companies not affiliated with Synovus,... Responsible for any of the content or additional links they contain with clients! Basis points to 0.12 % in the form of commissions cre loans increased $ 358.1 million sequentially led! The ACL website at https: //investor.synovus.com/event than statements of historical fact are statements... Or 2 % compared to third quarter one-time $ 8 million BOLI benefit declines! Contain less security and may be retained by these companies and may be shared with insurance not! Continued to improve, with approximately $ 60 billion in assets accompanied a. Through Synovus Securities, Inc., a separately identifiable division of STC and Creative Financial Group a! Call 888-SYNOVUS ( 796-6887 ) immediately by a slide presentation to space and health limitations, are., pay bills, transfer money 55 billion in assets Account ours different privacy from... A Great Place to Work-Certified company and is on the Investor Relations Thank you, and STC is a of.
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