Synovus Financial Q2 adjusted earnings Beat Estimates

(RTTNews) - Synovus Financial (SNV) announced a profit for its second quarter that increased from last year.

The company's bottom line totaled $108.62 million, or $0.91 per share. This compares with $73.44 million, or $0.60 per share, in last year's second quarter.

Excluding items, Synovus Financial reported adjusted earnings of $110.05 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synovus Financial earnings at a glance:

-Earnings (Q2): $110.05 Mln. vs. $74.49 Mln. last year. -EPS (Q2): $0.92 vs. $0.61 last year. -Analysts Estimate: $0.88