Synovus Financial Bottom Line Climbs 10% In Q2

(RTTNews) - Synovus Financial (SNV) announced a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $61.60 million, or $0.49 per share. This was up from $56.03 million, or $0.42 per share, in last year's second quarter.

The company said revenue for the quarter rose 7.0% to $289.66 million. This was up from $270.82 million last year.

Synovus Financial earnings at a glance:

-Earnings (Q2): $61.60 Mln. vs. $56.03 Mln. last year. -Earnings Growth (Y-o-Y): 9.9% -EPS (Q2): $0.49 vs. $0.42 last year. -EPS Growth (Y-o-Y): 16.7% -Revenue (Q2): $289.66 Mln vs. $270.82 Mln last year. -Revenue Change (Y-o-Y): 7.0%