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Tuesday, January 19, 2016

Synovus Financial (SNV) reported 4Q earnings on Tue 19 Jan 2016 (before open)

** charts before earnings **



 




** charts after earnings **



 







Synovus beats by $0.01 :
  • Reports Q4 (Dec) earnings of $0.44 per share, $0.01 better than the Capital IQ Consensus of $0.43.
  • Total loans ended the quarter at $22.43 billion, up $565.3 million or 10.3% annualized from the previous quarter.
    • Commercial and industrial loans grew by $248.3 million or 9.3% annualized.
    • Commercial real estate loans grew by $185.2 million or 10.2% annualized.
    • Retail loans grew by $133.5 million or 12.7% annualized.
    • Total average deposits for the quarter were $23.24 billion, up $384.2 million or 6.7% annualized from the previous quarter.

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