Synovus posts loss on securities sale, but bolsters fee income
![Synovus posts loss on securities sale, but bolsters fee income](https://arizent.brightspotcdn.com/46/f8/c6ce35694d82b3e34e8c014897b2/synovus.jpg)
The Georgia-based bank recorded a $257 million hit after unloading a bundle of securities that it expects to redeploy into higher-yielding assets. It also forecast a resumption of loan growth in the second half of the year.