Synovus Financial (SNV) Tops Q2 EPS by 2c

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Synovus Announces Earnings for the Second Quarter 2016

July 19, 2016 6:30 AM EDT

Diluted Earnings per Share of $0.46, up 15.6% vs. 2Q15

Adjusted Diluted Earnings per Share of $0.49, up 16.9% vs. 2Q15

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2016.

Second Quarter Highlights

Net income available to common shareholders for the second quarter 2016 was $57.9 million or $0.46 per diluted share as compared to $50.0 million, or $0.39 per diluted share for the previous quarter and $53.2 million, or $0.40 per diluted share for the second quarter 2015. Adjusted diluted earnings per share of $0.49 grew... More