Synovus Financial Corp. (NYSE:SNV) reported its third quarter earnings results on Tuesday 20th October 2020 before market open.
Key Numbers from third quarter earnings result
Quarterly income of $ 0.56 per share, from the revenue of $ 493.65 million
On adjusted basis, reported income of $ 0.89 per share
Analysts Estimated revenue of $ 469.67 million and $ 0.52 income per share
Earnings beat analysts estimates by $ 0.37 or 71.15 percent
Revenues outshined wall street view by $ 23.98 million or 5.11 percent
Earnings reduced 32.53 percent compared with the same quarter last year
Revenues down 0.11 percent versus third quarter of last year.