Synovus Financial Corp. (SNV)

Synovus Financial Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,994	2,382	1,911	2,945	4,094
Investment Securities	2,581	1,286	1,037	1,143	386.95
Trading Asset Securities	-	107.8	98.11	200.1	412.18
Mortgage-Backed Securities	7,551	9,153	9,149	10,213	7,839
Total Investments	10,132	10,547	10,284	11,557	8,638
Gross Loans	42,609	43,404	43,716	39,312	38,253
Allowance for Loan Losses	-486.85	-479.39	-443.42	-427.6	-605.74
Net Loans	42,122	42,925	43,273	38,884	37,647
Property, Plant & Equipment	383.72	838.88	792.11	818.71	844.34
Goodwill	480.44	480.44	452.39	452.39	452.39
Other Intangible Assets	34.32	45.93	27.12	35.6	45.11
Loans Held for Sale	90.11	52.77	391.5	750.64	760.12
Accrued Interest Receivable	-	284.11	226.21	145.66	177.87
Other Receivables	-	215.22	167.78	96.65	103.86
Restricted Cash	-	69.7	66.8	65.1	158.7
Other Current Assets	-	47.47	48.15	42.87	45.09
Long-Term Deferred Tax Assets	-	510.44	595.32	169.05	130.85
Other Real Estate Owned & Foreclosed	0.39	-	-	11.82	1.82
Other Long-Term Assets	3,996	1,410	1,496	1,343	1,294
Total Assets	60,234	59,810	59,731	57,317	54,394
Interest Bearing Deposits	39,499	34,682	32,032	31,705	31,414
Institutional Deposits	-	3,550	1,200	1,330	1,800
Non-Interest Bearing Deposits	11,596	12,508	15,640	16,393	13,478
Total Deposits	51,095	50,739	48,872	49,427	46,692
Short-Term Borrowings	131.73	452.22	1,089	362.94	385.09
Current Portion of Leases	-	36.34	-	-	-
Long-Term Debt	1,733	1,933	4,110	1,204	1,202
Long-Term Leases	-	677.31	-	-	-
Other Long-Term Liabilities	2,007	827.8	1,185	1,026	953.67
Total Liabilities	54,967	54,665	55,256	52,020	49,233
Preferred Stock, Redeemable	-	537.15	537.15	537.15	537.15
Preferred Stock, Non-Redeemable	537.15	-	-	-	-
Total Preferred Equity	537.15	537.15	537.15	537.15	537.15
Common Stock	172.19	171.36	170.14	169.38	168.13
Additional Paid-In Capital	3,987	3,956	3,920	3,894	3,851
Retained Earnings	2,736	2,517	2,235	1,710	1,178
Treasury Stock	-1,217	-944.48	-944.48	-931.5	-731.81
Comprehensive Income & Other	-970.77	-1,117	-1,442	-82.32	158.64
Total Common Equity	4,707	4,583	3,939	4,760	4,624
Minority Interest	21.69	24.16	-	-	-
Shareholders' Equity	5,266	5,144	4,476	5,297	5,161
Total Liabilities & Equity	60,234	59,810	59,731	57,317	54,394
Total Debt	1,865	3,098	5,199	1,567	1,588
Net Cash (Debt)	1,129	-608.88	-3,190	1,578	2,919
Net Cash Growth	-	-	-	-45.95%	-
Net Cash Per Share	7.79	-4.15	-21.78	10.62	19.69
Filing Date Shares Outstanding	141.17	146.4	146.05	145.46	148.64
Total Common Shares Outstanding	141.17	146.71	145.49	145.01	148.04
Book Value Per Share	33.35	31.24	27.07	32.82	31.24
Tangible Book Value	4,193	4,056	3,459	4,272	4,127
Tangible Book Value Per Share	29.70	27.65	23.78	29.46	27.88

Source: S&P Capital IQ. Banks template. Financial Sources.