Synovus Announces Earnings for the First Quarter 2019

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Synovus Financial (SNV) Tops Q1 EPS by 9c, Revenues Beat

April 23, 2019 6:31 AM EDT

Synovus Financial (NYSE: SNV) reported Q1 EPS of $0.98, $0.09 better than the analyst estimate of $0.89. Revenue for the quarter came in at $476.48 million versus the consensus estimate of $463.93 million.

Diluted EPS of $0.72; adjusted diluted EPS of $0.98, up 7.6% sequentially and 15.1% year over year.Organic loan and deposit growth1 of $400.1 million and $423.7 million, respectively.Return on average assets (ROA)... More