Synovus Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 435 million compared to USD 455.53 million a year ago. Net loss was USD 14.03 million compared to net income of USD 174.11 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to basic earnings per share from continuing operations of USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to diluted earnings per share from continuing operations of USD 1.13 a year ago.
For the six months, net interest income was USD 853.84 million compared to USD 936.28 million a year ago. Net income was USD 110.48 million compared to USD 376.27 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 2.46 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 2.45 a year ago.