Synovus Financial (SNV) Reports In-Line Q3 EPS; Approves $300M Common Stock Buyback Plan

Synovus Financial (NYSE: SNV) reported Q3 EPS of $0.42, in-line with the analyst estimate of $0.42.

The Board of Directors also approved a 20% increase in the Company’s quarterly common stock dividend from $0.10 to $0.12 per share, effective with the quarterly dividend payable in January 2016.

The Board of Directors authorized a new share repurchase program of up to $300 million of the Company’s common stock to be executed over the next 15 months.

For earnings history and earnings-related data on Synovus Financial (SNV) click here.

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