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SNVBearishEarningsnews
Materiality pending

Compared to Estimates, Synovus (SNV) Q1 Earnings: A Look at Key Metrics

Apr 17, 2024, 7:47 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Synovus Financial saw a revenue decline of 12.4% and an EPS decrease. - Company's revenue missed Zacks Consensus Estimate, EPS below analyst expectations. - Key metrics like Net Interest Margin, Efficiency Ratio, and Total Non-performing Assets discussed. - Synovus stock returned -3.6% in the past month, currently rated as Zacks Rank #3. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Synovus Financial saw a revenue decline of 12.4% and an EPS decrease.
  • Company's revenue missed Zacks Consensus Estimate, EPS below analyst expectations.
  • Key metrics like Net Interest Margin, Efficiency Ratio, and Total Non-performing Assets discussed.
  • Synovus stock returned -3.6% in the past month, currently rated as Zacks Rank #3.

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