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Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Tuesday that its second-quarter net income available to common shareholders was $177.91 million or $1.19 per share, higher than $84.90 million or $0.57 per share in the prior year.


RTTNews | Jul 20, 2021 07:19AM EDT

07:18 Tuesday, July 20, 2021 (RTTNews.com) - Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Tuesday that its second-quarter net income available to common shareholders was $177.91 million or $1.19 per share, higher than $84.90 million or $0.57 per share in the prior year.

Adjusted earnings per share were $1.20, compared to $0.23 in the prior year.

On average, 16 analysts polled by Thomson Reuters expected earnings of $1.04 per share. Analysts' estimates typically exclude special items.

Total adjusted revenue was $488.61 million, compared to $470.66 million a year ago.

Net interest income was $381.9 million, higher than $376.57 million a year ago.

Read the original article on RTTNews ( https://www.rttnews.com/3210235/synovus-financial-q2-profit-climbs-tops-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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