Synovus Financial Corp reports results for the quarter ended June 30 - Earnings Summary

Synovus Financial

16/07/2025 22:49

Synovus Financial Corp SNV.N reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.16.  The mean expectation of nineteen analysts for the quarter was for earnings of $1.25 per share. Wall Street expected results to range from $1.19  to $1.32 per share.

Revenue rose 93.9% to $593.70 million from a year ago; analysts expected $585.85 million.

Synovus Financial Corp's reported EPS for the quarter was $1.48​.

The company reported quarterly net income of $206.32 million.

Synovus Financial Corp shares had risen by 1.5% this quarter and gained 2.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 also "buy"

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

This summary was machine generated from LSEG data July 16 at 09:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.25
1.48
Beat
Mar. 31 2025
1.12
1.30
Beat
Dec. 31 2024
1.15
1.25
Beat
Sep. 30 2024
1.09
1.23
Beat