Synovus Financial in Columbus, Ga., reported a rise in quarterly earnings after booking more loans and lowering credit costs.

The $27 billion-asset company reported Tuesday that its second-quarter profit rose roughly 44% from a year earlier, to $44.3 million, or 32 cents a share.

Net interest income increased nearly 2%, to $205.1 million. Total loans were up more than 4%, to $20.5 billion, mainly because of a 5% increase in commercial-and-industrial loans and an 8% rise in retail loans. However, noninterest income fell almost 3%, to $63.4 million, as mortgage banking profit dropped 28%, to $5.3 million.

The loan-loss provision fell about 6%, to $12.3 million. Dividends and accretion of discount on preferred stock declined almost 83%, to $2.6 million.

Noninterest expense ticked up about 1%, to $182.2 million, after Synovus recorded $7.7 million in restructuring charges. This was partly offset as expenses for third-party services fell almost 9%, to $9.5 million, and professional fees dropped 21%, to $8.2 million.

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