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Synovus: Q2 Earnings Snapshot

Synovus: Q2 Earnings Snapshot

COLUMBUS, Ga. (AP) — COLUMBUS, Ga. (AP) — Synovus Financial Corp. (SNV) on Wednesday reported second-quarter earnings of $217.7 million.
The Columbus, Georgia-based bank said it had earnings of $1.48 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The holding company for Synovus Bank posted revenue of $902.5 million in the period. Its revenue net of interest expense was $590.4 million, which also beat Street forecasts. Five analysts surveyed by Zacks expected $583.8 million.
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