Synovus Financial Corp. (SNV)
NYSE: SNV · Real-Time Price · USD
46.13
-1.27 (-2.68%)
At close: Mar 28, 2025, 4:00 PM
46.07
-0.06 (-0.14%)
After-hours: Mar 28, 2025, 8:00 PM EDT
Synovus Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2019 - 2015 |
| Interest Income on Loans | 2,773 | 2,715 | 1,840 | 1,506 | 1,616 | Upgrade
|
| Interest Income on Investments | 420.13 | 335.5 | 235.69 | 146.97 | 188.96 | Upgrade
|
| Total Interest Income | 3,194 | 3,050 | 2,076 | 1,653 | 1,804 | Upgrade
|
| Interest Paid on Deposits | 1,330 | 1,027 | 187.23 | 74.92 | 217.78 | Upgrade
|
| Interest Paid on Borrowings | 114.08 | 206.95 | 91.66 | 45.48 | 73.97 | Upgrade
|
| Total Interest Expense | 1,444 | 1,234 | 278.89 | 120.4 | 291.75 | Upgrade
|
| Net Interest Income | 1,750 | 1,817 | 1,797 | 1,533 | 1,513 | Upgrade
|
| Net Interest Income Growth (YoY) | -3.69% | 1.10% | 17.22% | 1.33% | -5.21% | Upgrade
|
| Trust Income | 79.83 | 78.08 | 78.41 | 77.15 | 63.25 | Upgrade
|
| Mortgage Banking Activities | 14.06 | 15.16 | 17.48 | 54.37 | 91.41 | Upgrade
|
| Gain (Loss) on Sale of Investments | -256.66 | -76.72 | - | -0.8 | 78.93 | Upgrade
|
| Other Non-Interest Income | 310.73 | 297.4 | 220.38 | 233.04 | 199.79 | Upgrade
|
| Total Non-Interest Income | 239.6 | 404.01 | 409.34 | 450.07 | 506.51 | Upgrade
|
| Non-Interest Income Growth (YoY) | -40.69% | -1.30% | -9.05% | -11.14% | 42.32% | Upgrade
|
| Revenues Before Loan Losses | 1,989 | 2,221 | 2,206 | 1,983 | 2,019 | Upgrade
|
| Provision for Loan Losses | 136.69 | 189.08 | 84.55 | -106.25 | 355.02 | Upgrade
|
| Revenue | 1,852 | 2,032 | 2,122 | 2,089 | 1,664 | Upgrade
|
| Revenue Growth (YoY) | -8.82% | -4.25% | 1.55% | 25.54% | -10.72% | Upgrade
|
| Salaries and Employee Benefits | 705.64 | 696.57 | 653.86 | 621.37 | 599.29 | Upgrade
|
| Occupancy Expenses | 187.45 | 179.58 | 174.73 | 169.22 | 169.66 | Upgrade
|
| Federal Deposit Insurance | 45.92 | 94.74 | 29.08 | 22.36 | 25.21 | Upgrade
|
| Selling, General & Administrative | 163.67 | 158.31 | 153.66 | 147.53 | 163.82 | Upgrade
|
| Other Non-Interest Expense | 132.62 | 138.31 | 148.04 | 128.71 | 132.66 | Upgrade
|
| Total Non-Interest Expense | 1,237 | 1,319 | 1,161 | 1,090 | 1,091 | Upgrade
|
| EBT Excluding Unusual Items | 615.77 | 712.4 | 961.16 | 999.24 | 572.8 | Upgrade
|
| Legal Settlements | -8.7 | -3.93 | -6 | -2.66 | -0.89 | Upgrade
|
| Other Unusual Items | - | 5.4 | -0.68 | - | -15.37 | Upgrade
|
| Pretax Income | 604.95 | 696.16 | 964.18 | 989.36 | 484.67 | Upgrade
|
| Income Tax Expense | 125.5 | 154.02 | 206.28 | 228.89 | 110.97 | Upgrade
|
| Earnings From Continuing Operations | 479.45 | 542.14 | 757.9 | 760.47 | 373.7 | Upgrade
|
| Minority Interest in Earnings | 3.01 | 1.56 | - | - | - | Upgrade
|
| Net Income | 482.46 | 543.71 | 757.9 | 760.47 | 373.7 | Upgrade
|
| Preferred Dividends & Other Adjustments | 42.9 | 35.95 | 33.16 | 33.16 | 33.16 | Upgrade
|
| Net Income to Common | 439.56 | 507.76 | 724.74 | 727.3 | 340.53 | Upgrade
|
| Net Income Growth | -11.26% | -28.26% | -0.34% | 103.50% | -33.72% | Upgrade
|
| Basic Shares Outstanding | 144 | 146 | 145 | 147 | 147 | Upgrade
|
| Diluted Shares Outstanding | 145 | 147 | 146 | 148 | 148 | Upgrade
|
| Shares Change (YoY) | -1.18% | 0.17% | -1.36% | 0.19% | -5.03% | Upgrade
|
| EPS (Basic) | 3.05 | 3.48 | 4.99 | 4.95 | 2.31 | Upgrade
|
| EPS (Diluted) | 3.03 | 3.46 | 4.95 | 4.90 | 2.30 | Upgrade
|
| EPS Growth | -12.43% | -30.10% | 1.02% | 113.04% | -33.72% | Upgrade
|
| Dividend Per Share | 1.520 | 1.520 | 1.360 | 1.320 | 1.320 | Upgrade
|
| Dividend Growth | - | 11.77% | 3.03% | - | 10.00% | Upgrade
|
| Effective Tax Rate | 20.75% | 22.12% | 21.39% | 23.14% | 22.90% | Upgrade
|
Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.