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Synovus Financial Corp

Common Name
Synovus Financial
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
4,847
Ticker
SNV
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Synovus Financial Corp. is a regional financial services company primarily engaged in providing a broad array of banking and financial solutions. Based in Columbus, Georgia, Synovus operates extensive...

Synovus Financial's Financial Statements Preview

Below are the financial statements of Synovus Financial, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in billions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Interest-earning deposits with banks and other cash and cash equivalents
2.98a
2.41a
Federal funds sold and securities purchased under resale agreements
0.02a
0.04a
Total cash, cash equivalents, and restricted cash
2.99a
2.45a
Investment securities held to maturity
2.58a
0a
Investment securities available for sale
7.55a
9.79a
Loans held for sale
0.09a
0.05a
Loans, net of deferred fees and costs
42.61a
43.4a
Allowance for loan losses
-0.49a
-0.48a
Loans, net
42.12a
42.93a
Cash surrender value of bank-owned life insurance
1.14a
1.11a
Premises, equipment and software, net
0.38a
0.37a
Goodwill
0.48a
0.48a
Other intangible assets, net
0.03a
0.05a
Other assets
2.86a
2.59a
Total assets
60.23a
59.81a
Liabilities and shareholders’ equity
Liabilities
Deposits
Non-interest-bearing deposits
11.6a
12.51a
Interest-bearing deposits
39.5a
38.23a
Total deposits
51.1a
50.74a
Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings
0.13a
0.19a
Long-term debt
1.73a
1.93a
Other liabilities
2.01a
1.8a
Total liabilities
54.97a
54.67a
Shareholders’ equity
Preferred stock
0.54a
0.54a
Common stock
0.17a
0.17a
Additional paid-in capital
3.99a
3.96a
Treasury stock, at cost
-1.22a
-0.94a
Accumulated other comprehensive income (loss), net
-0.97a
-1.12a
Retained earnings
2.74a
2.52a
Total Synovus Financial Corp. shareholders’ equity
5.24a
5.12a
Noncontrolling interest in subsidiary
0.02a
0.02a
Total equity
5.27a
5.14a
Total liabilities and shareholders’ equity
60.23a
59.81a
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Verified Sources Behind Synovus Financial’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Synovus Financial’s data sources below and access millions more through our Disclosure Search.

a. Synovus Financial's Annual Report 2024
a. Synovus Financial's Annual Report 2024
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