Synovus Financial Corp. today reported a net loss attributable to common shareholders of $93.7 million for the first quarter of 2011, a 48% improvement from the fourth quarter of 2010 and a 59% improvement from the first quarter of 2010. The net loss per common share for the first quarter of 2011 was $0.12 compared to $0.23 for the fourth quarter of 2010. The first quarter 2011 results include $24.3 million in restructuring charges. Excluding these charges, the net loss attributable to common shareholders was $69.3 million or $0.09 per common share. Synovus’ overall credit trends continued to track in a positive direction, and its capital position remains strong.