Synovus Financial (SNV) Tops Q4 EPS by 5c

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Go back to Synovus Financial (SNV) Tops Q4 EPS by 5c

Synovus Announces Earnings for the Fourth Quarter 2017 and a 67% Increase in Quarterly Common Dividend

January 23, 2018 6:30 AM EST

Diluted Earnings per Share of $0.23 vs. $0.54 in 4Q16

Adjusted Diluted Earnings per Share of $0.72 vs. $0.54 in 4Q16

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter and year ended December 31, 2017.

Net income available to common shareholders for the fourth quarter 2017 was $27.0 million or $0.23 per diluted share as compared to $95.4 million or $0.78 per diluted share for the third quarter 2017 and $66.0 million or $0.54 per diluted share for the fourth quarter 2016. Fourth quarter 2017 results include a $23.2 million loss... More