Synovus Financial Corp (SNV) reported its Q2 2025 financial results after market close.
The company posted revenue of $593.7 million, surpassing estimates of $585.71 million by approximately 1.35%.
This represents a 94% increase compared to $306.15 million from the same quarter last year.
Adjusted earnings came in at $1.48 per share, beating estimates of $1.25 by 18.4%.
Earnings rose 27.6% from $1.16 per share reported in the year-ago quarter. Synovus Financial revised its FY 2025 revenue outlook to a range of $2.36 billion to $2.41 billion, up from the prior estimate of $2.32 billion to $2.39 billion.
This new guidance aligns with the revenue estimate of $2.36 billion.
