COLUMBUS, Ga. (AP) _ Synovus Financial Corp. (SNV) on Tuesday reported third-quarter net income of $91.6 million.

The bank, based in Columbus, Georgia, said it had earnings of 56 cents per share. Earnings, adjusted for non-recurring costs, were 89 cents per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.

The holding company for Synovus Bank posted revenue of $550 million in the period. Its revenue net of interest expense was $491.4 million, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $467.8 million.

Synovus shares have decreased 39% since the beginning of the year. The stock has declined 32% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNV at https://www.zacks.com/ap/SNV

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