Synovus Financial (SNV) Tops Q2 EPS by 18c

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Go back to Synovus Financial (SNV) Tops Q2 EPS by 18c

Synovus Announces Earnings for the Second Quarter 2020

July 21, 2020 6:30 AM EDT

Diluted Earnings per Share of $0.57 vs. $0.96 in 2Q19

Adjusted Diluted Earnings per Share of $0.23 vs. $1.00 in 2Q19

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Diluted EPS of $0.57; adjusted diluted EPS of $0.23. Period-end loan growth of $1.66 billion or 4.3% sequentially; funded approximately $2.9 billion in Paycheck Protection Program (PPP) loans, supporting more than 19,000 customers. Core transaction deposits (non-interest bearing, NOW/savings, and money market deposits... More