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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 26
Synovus Financial Corp. reported its seventh straight quarterly loss despite lower credit costs and a gain from selling its merchant services business.
The $32.4 billion-asset Columbus, Ga., company lost $215.7 million in the first quarter, compared with $249.9 million in the fourth quarter. The results included a $43 million after-tax gain from selling the merchant services business.
The loan-loss provision fell 11.9% from the previous quarter, to $340.9 million.
Net chargeoffs fell 12.7% from the fourth quarter, to $316 million.
Nonperforming assets rose 0.6%, to $1.84 billion.
