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Top Banking Stocks Surge in Morning Session (SNV, C, BAC, HBAN, FITB)

Top Banking Stocks .

(EMAILWIRE.COM, March 11, 2010 ) Dallas, Tx - Synovus Financial Corp. (NYSE:SNV) jumped 7.86% to $3.13 after today it announced that its Board of Directors has declared a dividend of $0.01 per share on the company’s common stock. The dividend will be payable on April 1, 2010 to shareholders of record as of March 18, 2010.

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Citigroup Inc. (NYSE:C) has surged 1.89% and is trading at $4.03. The stock has a 52-week range of $1.46-$5.43. So far in this year the stock went up over 22%.

Bank of America Corporation (NYSE:BAC) rallied 0.30% to $17.16. The stock has a 52-week range of $4.51-$19.10. So far in this year the stock went up over 14%.

Huntington Bancshares Incorporated (NASDAQ:HBAN) added 3.05% to $5.41after it announced that it is adding 60 new jobs to its call center in Holland, bringing the total number of employees there to 210. It is the fifth major investment Huntington has announced in Michigan in as many months. "Huntington is deeply committed to Michigan and to helping the state to generate jobs," said Jim Dunlap, Huntington's president across Michigan and senior executive vice president for commercial banking. "We are very excited about expanding in Holland, where we continue to find talented and customer-oriented recruits, which is critical to our high standards for excellent customer service." Currently Huntington has more than 1,500 employees in Michigan, 115 branches and 235 ATMs. It is also the #1 SBA lender in the state.

Fifth Third Bancorp (NASDAQ:FITB) advanced 2.16% to $13.24. The stock today also touched a new 52 week high at $13.38.

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