Synovus Financial Q3 Results Top Estimates

RTTNews | 953 dagar sedan
Synovus Financial Q3 Results Top Estimates

(RTTNews) - Synovus Financial Corp. (SNV), a provider of commercial and retail banking, investment, and mortgage services, reported Thursday that its third-quarter net income available to common shareholders was $194.75 million or $1.33 per share, higher than $178.48 million or $1.21 per share in the year-ago quarter.

Excluding items, adjusted earnings for the quarter were $1.34 per share, compared to $1.20 per share in the prior-year quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $1.27 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the quarter increased to $582.22 million from $499.87 million in the same quarter last year. Analysts expected revenues of $570.77 million for the quarter.

Net interest income was $477.92 million, higher than $384.9 million a year ago.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
European Shares Rise On ECB Rate Cut Hopes

European Shares Rise On ECB Rate Cut Hopes

European stocks traded higher on Friday despite the latest U.S. court rulings on President Trump's "Liberation Day" tariffs adding another layer of uncertainty.
RTTNews | 45 minuter sedan
Asian Shares Decline Amid Tariff Uncertainty

Asian Shares Decline Amid Tariff Uncertainty

Asian stocks ended mostly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
RTTNews | 1h 11minuter sedan
European Economic News Preview: Germany Inflation, Retail Sales Data Due

European Economic News Preview: Germany Inflation, Retail Sales Data Due

Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
RTTNews | 3h 47minuter sedan
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | 4h 32minuter sedan
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 8,400 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and technology stocks.
RTTNews | 6h 14minuter sedan
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Friday, despite the broadly positive cues from Wall Street overnight, as lingering uncertainty about the ongoing trade war continued to weight on the markets after an appeals court temporarily paused the lower court's ruling to block US President Donald Trump's reciprocal tariffs on imports from U.S. trade partners.
RTTNews | 6h 45minuter sedan