Synovus Financial Reports 27% Increase In Q2 Profit

(RTTNews) - Synovus Financial (SNV) reported earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line came in at $73.44 million, or $0.60 per share. This was up from $57.90 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synovus Financial earnings at a glance:

-Earnings (Q2): $73.44 Mln. vs. $57.90 Mln. last year. -Earnings Growth (Y-o-Y): 26.8% -EPS (Q2): $0.60 vs. $0.46 last year. -EPS Growth (Y-o-Y): 30.4% -Analysts Estimate: $0.59