Synovus Announces Earnings for the Third Quarter 2019

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Go back to Synovus Announces Earnings for the Third Quarter 2019

Synovus Financial (SNV) Misses Q3 EPS by 2c, Revenues Beat

October 22, 2019 6:32 AM EDT

Synovus Financial (NYSE: SNV) reported Q3 EPS of $0.97, $0.02 worse than the analyst estimate of $0.99. Revenue for the quarter came in at $491.68 million versus the consensus estimate of $488.16 million.

Third Quarter 2019 Highlights

Diluted EPS of $0.83; adjusted diluted EPS of $0.97, down 2.7% sequentially and up 2.9% year-over-year.Period-end loan growth of $279.3 million, or 3.1% annualized, from prior quarter.Non-interest-bearing deposits... More