Synovus Financial (SNV) Tops Q1 EPS by 9c

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Synovus announces earnings for the first quarter 2023

April 19, 2023 5:00 PM EDT

Diluted earnings per share of $1.32 vs. $1.11 in 1Q22

Adjusted diluted earnings per share of $1.33 vs. $1.08 in 1Q22

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2023. Our first quarter results reflect a disciplined approach to execution, with pre-provision net revenue of $292 million, a 30% increase year over year, said Synovus Chairman, CEO and President Kevin Blair. Our stable deposit base and record deposit production are testaments to the quality of our clients and... More