Synovus falls on Q1 profit miss

Synovus Financial

17/04/2024 22:29

** Shares of bank holding co Synovus Financial  SNV.N  fall
~6.6% to $34.20 in extended trading
    ** Co reports Q1 adj. profit of 79 cents/shr vs analysts'
average estimate of 99 cents/shr
    ** Co's quarterly revenue of $537.7 mln misses analysts'
average expectation of $547.6 mln
    ** Up to last close, stock down 2.7% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))