Overview

* Synovus Q3 2025 revenue beats analyst expectations, driven by strong non-interest revenue growth

* Adjusted EPS for Q3 2025 beats consensus

Outlook

* Synovus expects momentum to continue in the final quarter of 2025

* Synovus anticipates merger with Pinnacle to close in Q1 2026

* Company plans to issue 2026 pro forma guidance post-merger

Result Drivers

* NET INTEREST MARGIN EXPANSION - Driven by higher loan yields and hedge maturities, partially offset by higher cash balances

* NON-INTEREST REVENUE GROWTH - Driven by wealth revenue and capital markets income, contributing to overall revenue increase

* STRONG CREDIT PERFORMANCE - Improved non-performing asset and net charge-off ratios

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $615.39 $604.67

Revenue mln mln (13

Analysts

)

Q3 Beat $1.46 $1.35

Adjusted (18

EPS Analysts

)

Q3 EPS $1.33

Q3 Beat $203.93 $189.75

Adjusted mln mln (14

Net Analysts

Income )

Q3 Net $474.69

Interest mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Synovus Financial Corp ( SNV ) is $58.00, about 17.5% above its October 14 closing price of $47.84

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)