Greensky finance the company’s loan portfolio quality

The company’s loan portfolio quality showed improvement with NPL ratio dipping to 1.7%, outperforming fintech lending peers, which could strengthen investor confidence in GreenSky Finance’s credit risk management. Synovus CEO Kevin Blair said on the company's earnings call in January that he expected a "sizable increase in income" from the GreenSky relationship , projecting between $20 million and $30 million in revenue per year through fee income. The bank reeled in $51 million in total noninterest revenue in the fourth quarter. "We're pleased with the participation by bidders," Goldman spokesman Tony Fratto said in a statement. "We're in the middle of the process and we'll learn more as we go forward." Institutional buying interest in GreenSky Finance rose 3% last month, with hedge funds positioning for potential Q2 growth acceleration given stabilization in consumer spending metrics.