EXHIBIT 11

SYNOVUS FINANCIAL CORP.

COMPUTATION OF NET INCOME
PER COMMON SHARE
(In thousands, except per share data)
(Unaudited)

		Three Months Ended September 30, 2002					Three Months Ended September 30, 2001
		Net	Average		Net Income		Net	Average		Net Income
		Income	Shares		per Share		Income	Shares		Per Share
EPS - Basic	$	92,272	298,564	$	0.31	$	78,905	290,868	$	0.27
Effect of dilutive options			3,422					6,489
EPS - Diluted	$	92,272	301,986	$	0.31	$	78,905	297,357	$	0.27
		Nine Months Ended September 30, 2002					Nine Months Ended September 30, 2001
		Net	Average		Net Income		Net	Average		Net Income
		Income	Shares		Per Share		Income	Shares		Per Share
EPS - Basic	$	260,919	296,387	$	0.88	$	226,405	289,642	$	0.78
Effect of dilutive options			4,429					5,981
EPS - Diluted	$	260,919	300,816	$	0.87	$	226,405	295,623	$	0.77