Synovus Financial (SNV) Tops Q1 EPS by 7c

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Synovus Announces Earnings for the First Quarter 2022

April 21, 2022 6:30 AM EDT

Diluted Earnings per Share of $1.11 vs. $1.19 in 1Q21

Adjusted Diluted Earnings per Share of $1.08 vs. $1.21 in 1Q21

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2022. Performance during the first quarter reflects strong execution against our profitable growth objectives, evidenced by 11 percent annualized loan growth and adjusted pre-provision net revenue of $213 million, up 9% year-over-year, said Synovus President and CEO Kevin Blair. In a rapidly changing landscape that presented new challenges, our team excelled, enabling an... More