Synovus Financial Q4 Profit Rises 29%

(RTTNews) - Synovus Financial (SNV) reported a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line advanced to $85.96 million, or $0.72 per share. This was up from $66.53 million, or $0.54 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synovus Financial earnings at a glance:

-Earnings (Q4): $85.96 Mln. vs. $66.53 Mln. last year. -Earnings Growth (Y-o-Y): 29.2% -EPS (Q4): $0.72 vs. $0.54 last year. -EPS Growth (Y-o-Y): 33.3% -Analysts Estimate: $0.67