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Synovus Financial Q1 2024 Earnings Report

Synovus Financial logo
$50.35 +0.67 (+1.35%)
(As of 12/20/2024 05:31 PM ET)

Synovus Financial EPS Results

Actual EPS
$0.79
Consensus EPS
$0.99
Beat/Miss
Missed by -$0.20
One Year Ago EPS
$1.33

Synovus Financial Revenue Results

Actual Revenue
$537.73 million
Expected Revenue
$547.62 million
Beat/Miss
Missed by -$9.89 million
YoY Revenue Growth
-12.40%

Synovus Financial Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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Synovus Financial Earnings Headlines

Synovus price target raised to $66 from $64 at Barclays
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Synovus assumed with a Buy at UBS
J.P. Morgan Remains a Buy on Synovus (SNV)
Synovus Expands Board, Appoints Greg Montana
See More Synovus Financial Headlines
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About Synovus Financial

Synovus Financial (NYSE:SNV) operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company's commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate lending services. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services, including Visa and MasterCard services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, trust management, and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.

View Synovus Financial Profile

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