A lagging stock price, seven straight quarters of losses and persistent takeover talk are not enough to get Richard Anthony down.

Anthony, the chairman and chief executive of Synovus Financial Corp., is instead talking about the $1.1 billion in capital his company raised last week, calling it "foundation-building" and a sign of confidence in the Southeastern franchise. The added cushion, he said, will protect Synovus against credit losses and allow it to court commercial clients more actively.

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.