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Stock impact report

Synovus announces earnings for the first quarter 2024

Synovus Financial Corp. (SNV) 
Last synovus financial corp. earnings: 4/24 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.synovus.com
Company Research Source: Business Wire
Diluted earnings per share of $0.78 vs. $1.32 in 1Q23Adjusted diluted earnings per share of $0.79 vs. $1.33 in 1Q23$12.8 million FDIC Special Assessment reduced 1Q24 reported and adjusted EPS by $0.07 COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2024.“Our first quarter results demonstrate tangible progress on our strategic priorities, including key commercial category loan and core deposit growth, client non-interest revenue growth and excellent operating expense control. We remain focused on raising the bar on service and deepening client relationships, all while building a more risk-resilient bank, which was evidenced by our highest common equity tier 1 capital ratios in several years and an over 30% decline in wholesale funding versus last year," said Synovus Chairman, CEO and President Kevin Blair.First Quarter 2024 HighlightsNet income available to common shareholders was $114.8 million, or Show less Read more
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