Synovus Financial (SNV) Tops Q4 EPS by 28c, Revenues Beat

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Synovus Announces Earnings for the Fourth Quarter 2020

January 26, 2021 6:30 AM EST

Diluted Earnings per Share of $0.96 vs. $0.56 in 3Q20

Adjusted Diluted Earnings per Share of $1.08 vs. $0.89 in 3Q20

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter and year ended December 31, 2020.

2020 Highlights

Net income available to common shareholders for 2020 was $340.5 million or $2.30 per diluted share as compared to $540.9 million or $3.47 per diluted share for 2019. Adjusted earnings per diluted share for 2020 were $2.41 as compared to $3.90 for 2019, a decrease of... More