Earnings Summary

Synovus Financial Corp.’s revenue jumped 16.39% since last year same period to $556.02Mn in the Q3 2024. On a quarterly growth basis, Synovus Financial Corp. has generated -17.31% fall in its revenue since last 3-months.

Synovus Financial Corp.’s net profit jumped 86.99% since last year same period to $181.56Mn in the Q3 2024. On a quarterly growth basis, Synovus Financial Corp. has generated 1394.23% jump in its net profits since last 3-months.

Synovus Financial Corp.’s net profit margin jumped 60.66% since last year same period to 32.65% in the Q3 2024. On a quarterly growth basis, Synovus Financial Corp. has generated 1665.24% jump in its net profit margins since last 3-months.

Synovus Financial Corp.’s price-to-earnings ratio after this Q3 2024 earnings stands at 25.01.

Synovus Financial Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.13 - a 2.73% jump from last quarter’s estimates.

Synovus Financial Corp.’s earning per share (EPS) estimates for the current year stand at 1.13.

Synovus Financial Corp.’s earning per share (EPS) jumped 46.43% since last year same period to 1.23 in the Q3 2024. This indicates that the Synovus Financial Corp. has generated 46.43% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Synovus Financial Corp.’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Synovus Financial Corp.’s return on equity (ROE) stands at 0.07.

Synovus Financial Corp. declared 0.38 dividend per share during the earnings announcement for Q3 2024.