Synovus Financial Shares Jump On Strong Q3 Earnings: What You Need To Know

Synovus Financial Corp. (NYSE:SNV) shares are trading higher Thursday following strong third-quarter earnings results. Here’s what you need to know.

What To Know: Synovus, a financial services company, reported adjusted earnings per share of $1.23, beating the consensus estimate of $1.08. Revenue for the quarter was $564.72 million, surpassing the expected $559.198 million. The company’s top-line results were up 2.6% year-over-year.

Synovus Financial reported net margin of 8.40%. Net income available to common shareholders reached $169.6 million, a substantial improvement from the $87.4 million reported in ...

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