Synovus Financial (SNV) Tops Q1 EPS by 29c

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Synovus Announces Earnings for the First Quarter 2021

April 20, 2021 6:30 AM EDT

Diluted Earnings per Share of $1.19 vs. $0.20 in 1Q20

Adjusted Diluted Earnings per Share of $1.21 vs. $0.21 in 1Q20

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2021.

First Quarter 2021 Highlights

Net income available to common shareholders of $178.8 million or $1.19 per diluted share, up $0.23 sequentially and $0.99 compared to prior year. Adjusted diluted EPS of $1.21, up $0.13 sequentially and $1.00 compared to prior year. Period-end loans increased $552.1 million or 1%... More