EXHIBIT 11 SYNOVUS FINANCIAL CORP. COMPUTATION OF NET INCOME PER COMMON SHARE (In thousands, except per share data) (Unaudited) Three Months Ended March 31, 2000 Three Months Ended March 31, 1999 ---------------------------------- --------------------------------- Net Average Net Income Net Average Net Income Income Shares per Share Income Shares Per Share ---------------------------------- ---------------------------------- EPS - Basic $ 61,392 282,163 $ 0.22 $ 50,733 278,930 $ 0.18 Effect of dilutive options 2,788 3,793 -------------------------------------------------------------------------- EPS - Diluted $ 61,392 284,951 $ 0.22 $ 50,733 282,723 $ 0.18 ==========================================================================