UPDATE: Synovus Financial Posts Q1 Profit
Synovus Financial Corp (NYSE: SNV) posted its profit in the first quarter.
Synovus Financial posted a quarterly net income of $21.4 million, or $0.02 per share, versus a year-ago loss of $93.7 million, or $0.11 per share.
Provision for loan losses dipped 53% to $66.0 million.
Synovus Financial shares closed at $2.07 yesterday.
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