EX-11 3 ex11.txt COMPUTATION OF NET INCOME EXHIBIT 11 SYNOVUS FINANCIAL CORP. COMPUTATION OF NET INCOME PER COMMON SHARE (In thousands, except per share data) (Unaudited)
Three Months Ended June 30, 2001 Three Months Ended June 30, 2000 --------------------------------------------------------------------------------------------------------------------- Net Average Net Income Net Average Net Income Income Shares per Share Income Shares Per Share --------------------------------------------------------------------------------------------------------------------- EPS - Basic $ 75,615 290,315 $ 0.26 $ 61,752 283,457 $ 0.22 Effect of dilutive options 5,903 3,148 ------------------------ ---------------------- EPS - Diluted $ 75,615 296,218 $ 0.26 $ 61,752 286,605 $ 0.22 =====================================================================================================================
Six Months Ended June 30, 2001 Six Months Ended June 30, 2000 --------------------------------------------------------------------------------------------------------------------- Net Average Net Income Net Average Net Income Income Shares Per Share Income Shares Per Share --------------------------------------------------------------------------------------------------------------------- EPS - Basic $ 147,500 289,018 $ 0.51 $ 123,144 282,810 $ 0.44 Effect of dilutive options 5,723 2,966 ------------------------ ----------------------- EPS - Diluted $ 147,500 294,741 $ 0.50 $ 123,144 285,776 $ 0.43 =====================================================================================================================