Synovus Q3 revenue and adjusted EPS beat estimates

Synovus Financial

15/10/2025 21:49

Overview

Synovus Q3 2025 revenue beats analyst expectations, driven by strong non-interest revenue growth

Adjusted EPS for Q3 2025 beats consensus

Outlook

Synovus expects momentum to continue in the final quarter of 2025

Synovus anticipates merger with Pinnacle to close in Q1 2026

Company plans to issue 2026 pro forma guidance post-merger

Result Drivers

NET INTEREST MARGIN EXPANSION - Driven by higher loan yields and hedge maturities, partially offset by higher cash balances

NON-INTEREST REVENUE GROWTH - Driven by wealth revenue and capital markets income, contributing to overall revenue increase

STRONG CREDIT PERFORMANCE - Improved non-performing asset and net charge-off ratios

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$615.39 mln
$604.67 mln (13 Analysts)
Q3 Adjusted EPS
Beat
$1.46
$1.35 (18 Analysts)
Q3 EPS
$1.33
Q3 Adjusted Net Income
Beat
$203.93 mln
$189.75 mln (14 Analysts)
Q3 Net Interest Income
$474.69 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 17.5% above its October 14 closing price of $47.84

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

Press Release: ID:nBw7KpRxPa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)