Georgia's Synovus Financial Corp. is planning to expand its presence in Florida.

The $10.5 billion-asset, multibank holding company said last week that it would buy Ready Bank of Fort Walton Beach, Fla., for about $16 million of stock.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.