Synovus Financial 2016 Q4 Earnings Results

Synovus Financial Corp reported fourth quarter 2016 earnings with diluted EPS of $0.54, up 25.9% year-over-year. The company achieved an adjusted efficiency ratio of 60.32%, improving 181 basis points from 4Q15, and total average loans grew $1.61 billion. Results reflect improving profitability and balance sheet growth driven by organic loan and deposit expansion.