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SNV - Three banks to weather 'worst' conditions in recent history Wells Fargo outlines
Synovus Financial Corp.
Bear-case scenarios for mid-cap banks were accelerated due to the economic impact from COVID-19, which means that it will be "tough" to see valuation expansion amid a lack of clarity in credit quality while the rate environment is the "worst in recent history," Well Fargo analysts led by Jared Shaw write.
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