Synovus Monetary (SNV) reported $580.58 million in income for the quarter ended December 2024, representing a year-over-year improve of 18.8%. EPS of $1.25 for a similar interval compares to $0.80 a yr in the past.
The reported income represents a shock of +2.26% over the Zacks Consensus Estimate of $567.77 million. With the consensus EPS estimate being $1.16, the EPS shock was +7.76%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.
Right here is how Synovus carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Web curiosity margin, taxable equal: 3.3% versus the five-analyst common estimate of three.2%.
- Effectivity ratio – TE: 53.2% versus 54.8% estimated by 5 analysts on common.
- Web Cost-Offs / Common Loans – Quarter: 0.3% versus 0.3% estimated by 4 analysts on common.
- Common Stability – Whole curiosity incomes property: $55.42 billion versus the four-analyst common estimate of $54.67 billion.
- Non-performing Loans (NPLs): $309.16 million versus $300.97 million estimated by three analysts on common.
- Non-performing Belongings (NPAs): $309.55 million versus $302.06 million estimated by three analysts on common.
- Whole non-interest income: $125.59 million in comparison with the $121.84 million common estimate based mostly on 5 analysts.
- Web curiosity revenue taxable equal: $456.42 million versus $440.22 million estimated by 4 analysts on common.
- Web Curiosity Revenue: $454.99 million versus the four-analyst common estimate of $439.38 million.
- Card charges: $19.58 million in comparison with the $19.55 million common estimate based mostly on three analysts.
- Capital markets revenue: $12.07 million versus $8.77 million estimated by three analysts on common.
- Brokerage income: $20.91 million versus the three-analyst common estimate of $20.86 million.
View all Key Company Metrics for Synovus here>>>
Shares of Synovus have returned +0.6% over the previous month versus the Zacks S&P 500 composite’s -3.3% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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Synovus Financial Corp. (SNV) : Free Stock Analysis Report
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