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

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

Synovus Announces Earnings for the First Quarter 2019

April 23, 2019 6:30 AM EDT

Diluted Earnings per Share of $0.72

Adjusted Diluted Earnings per Share of $0.98, up 15.1% from 1Q18

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March31, 2019.

First Quarter 2019 Highlights

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) of 1.06%, adjusted ROA of 1.45%. Return on average common equity (ROE) of 10.98%, adjusted ROE of... More