Synovus Financial (SNV) Tops Q1 EPS by 2c

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Go back to Synovus Financial (SNV) Tops Q1 EPS by 2c

Synovus Announces Earnings for the First Quarter

April 21, 2015 6:30 AM EDT

Diluted Earnings per Share increased 15.2% as compared to 1Q14

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2015.

First Quarter Highlights

Net income available to common shareholders for the first quarter 2015 was $51.4 million or $0.38 per diluted share as compared to $50.6 million, or $0.37 per diluted share for the previous quarter and $45.9 million, or $0.33 per diluted share for the first quarter 2014. Total average loans grew $254.1 million or 4.9% annualized from the previous quarter and $1.03 billion or 5.1%... More