Brief: Synovus Financial Q2 Adjusted EPS USD 1.48 Vs. IBES Estimate USD 1.25

Synovus Financial

16/07/2025 21:59

Overview

Synovus Q2 revenue beats analyst expectations, per LSEG data

Adjusted EPS rises 28%, exceeding analysts' estimates, per LSEG data

Co raises full-year 2025 earnings guidance, citing strategic confidence

Outlook

Synovus raises full-year 2025 earnings guidance, without giving specific details

Result Drivers

LOAN GROWTH - Funded loan production surged 60% year-over-year, driving 8% annualized loan growth, per CEO Kevin Blair

CREDIT QUALITY - Improved credit quality across all categories, with non-performing loan and asset ratios improving, per company report

NON-INTEREST REVENUE - Increase in non-interest revenue driven by higher core banking fees and wealth management income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$593.70 mln
$585.80 mln (14 Analysts)
Q2 Adjusted EPS
Beat
$1.48
$1.25 (19 Analysts)
Q2 EPS
$1.48
Q2 Net Interest Income
$459.56 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Synovus Financial Corp is $58.00, about 8.8% above its July 16 closing price of $52.87

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw36V1WTa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)