Synovus Financial (SNV) Tops Q2 EPS by 4c

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Synovus Announces Earnings for the Second Quarter 2018

July 24, 2018 6:30 AM EDT

Diluted Earnings per Share of $0.91, up 52.7% vs. $0.60 in 2Q17

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2018.

Second Quarter Highlights

Net income available to common shareholders was $108.6 million or $0.91 per diluted share as compared to $100.6 million or $0.84 per diluted share for the first quarter 2018 and $73.4 million or $0.60 per diluted share for the second quarter 2017. Adjusted earnings per diluted share for the second quarter 2018 were $0.92, up 7.8% from the first quarter 2018 and a 52.6% increase from... More