Synovus Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	2,666	2,773	2,715	1,840	1,506	1,616
Interest Income on Investments	466.4	420.13	335.5	235.69	146.97	188.96
Total Interest Income	3,133	3,194	3,050	2,076	1,653	1,804
Interest Paid on Deposits	1,158	1,330	1,027	187.23	74.92	217.78
Interest Paid on Borrowings	130.67	114.08	206.95	91.66	45.48	73.97
Total Interest Expense	1,289	1,444	1,234	278.89	120.4	291.75
Net Interest Income	1,844	1,750	1,817	1,797	1,533	1,513
Net Interest Income Growth (YoY)	6.46%	-3.69%	1.10%	17.22%	1.33%	-5.21%
Trust Income	82.66	79.83	78.08	78.41	77.15	63.25
Mortgage Banking Activities	14.81	14.06	15.16	17.48	54.37	91.41
Gain (Loss) on Sale of Investments	1.74	-256.66	-76.72	-	-0.8	78.93
Other Non-Interest Income	319.75	310.73	297.4	220.38	233.04	199.79
Total Non-Interest Income	516.88	239.6	404.01	409.34	450.07	506.51
Non-Interest Income Growth (YoY)	212.34%	-40.69%	-1.30%	-9.05%	-11.14%	42.32%
Revenues Before Loan Losses	2,361	1,989	2,221	2,206	1,983	2,019
Provision for Loan Losses	68.72	136.69	189.08	84.55	-106.25	355.02
Revenue	2,292	1,852	2,032	2,122	2,089	1,664
Revenue Growth (YoY)	31.11%	-8.82%	-4.25%	1.55%	25.54%	-10.72%
Salaries and Employee Benefits	728.32	705.64	696.57	653.86	621.37	599.29
Occupancy Expenses	193.58	187.45	179.58	174.73	169.22	169.66
Federal Deposit Insurance	39.95	45.92	94.74	29.08	22.36	25.21
Selling, General & Administrative	166.52	163.67	158.31	153.66	147.53	163.82
Other Non-Interest Expense	133.65	132.62	138.31	148.04	128.71	132.66
Total Non-Interest Expense	1,263	1,237	1,319	1,161	1,090	1,091
EBT Excluding Unusual Items	1,028	615.77	712.4	961.16	999.24	572.8
Legal Settlements	-5.11	-8.7	-3.93	-6	-2.66	-0.89
Other Unusual Items	8.6	-	5.4	-0.68	-	-15.37
Pretax Income	1,010	604.95	696.16	964.18	989.36	484.67
Income Tax Expense	212.15	125.5	154.02	206.28	228.89	110.97
Earnings From Continuing Operations	797.87	479.45	542.14	757.9	760.47	373.7
Minority Interest in Earnings	2.28	3.01	1.56	-	-	-
Net Income	800.15	482.46	543.71	757.9	760.47	373.7
Preferred Dividends & Other Adjustments	45.7	42.9	35.95	33.16	33.16	33.16
Net Income to Common	754.45	439.56	507.76	724.74	727.3	340.53
Net Income Growth	120.81%	-11.26%	-28.26%	-0.34%	103.50%	-33.72%
Basic Shares Outstanding	140	144	146	145	147	147
Diluted Shares Outstanding	141	145	147	146	148	148
Shares Change (YoY)	-3.48%	-1.18%	0.17%	-1.36%	0.19%	-5.03%
EPS (Basic)	5.39	3.05	3.48	4.99	4.95	2.31
EPS (Diluted)	5.35	3.03	3.46	4.95	4.90	2.30
EPS Growth	143.15%	-12.43%	-30.10%	1.02%	113.04%	-33.72%
Dividend Per Share	1.550	1.520	1.520	1.360	1.320	1.320
Dividend Growth	1.97%	-	11.77%	3.03%	-	10.00%
Effective Tax Rate	21.00%	20.75%	22.12%	21.39%	23.14%	22.90%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q