EXHIBIT 11

                            SYNOVUS FINANCIAL CORP.

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





                        Three Months Ended March 31, 2001       Three Months Ended March 31, 2000
                        ----------------------------------      ----------------------------------
                           Net       Average    Net Income         Net       Average    Net Income
                          Income      Shares     per Share        Income      Shares    Per Share
                        ---------   --------   -----------      ---------   ---------   ----------
                                                                      
EPS - Basic           $    71,885     287,707  $      0.25    $    61,392     282,163   $    0.22


Effect of dilutive
  options                               5,541                                   2,788
                      -----------  ----------                  ----------   ---------


EPS - Diluted         $    71,885     293,248  $      0.25    $    61,392     284,951   $    0.22
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