After investors fearing regulatory pressure to raise capital reserves drove its stock down, Synovus Financial Corp affirmed the strength of its capital position, noting that its Tier 1 capital ratio—a key measure of a bank’s solvency—was 10.48 percent as of Sept 30. In order to be considered well-capitalized by regulatory standards, banks need a least a six percent ratio.
The release also cited that Synovus’ total risk-based capital ratio is 13.48 percent, with the regulatory minimum at 10 percent.
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