Synovus Financial (SNV) Financials

$50.62 -1.11 (-2.15%)

Closing price 09/15/2025 03:59 PM Eastern

Extended Trading

$50.62 +0.01 (+0.01%)

As of 09/15/2025 07:36 PM Eastern

Annual Income Statements for Synovus Financial

This table shows Synovus Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	216	237	265	410	541	341	727	725	508	440
Consolidated Net Income / (Loss)	226	247	275	428	564	374	760	758	542	479
Net Income / (Loss) Continuing Operations	226	247	275	428	564	374	760	758	542	479
Total Pre-Tax Income	359	388	480	547	765	485	989	964	696	605
Total Revenue	1,095	1,172	1,369	1,429	1,952	2,019	1,983	2,206	2,221	1,989
Net Interest Income / (Expense)	827	899	1,023	1,148	1,596	1,513	1,533	1,797	1,817	1,750
Total Interest Income	946	1,023	1,162	1,344	2,051	1,804	1,653	2,076	3,050	3,194
Loans and Leases Interest Income	880	947	1,066	1,229	1,821	1,616	1,506	1,840	2,715	2,773
Investment Securities Interest Income	59	67	83	97	209	179	140	210	248	329
Federal Funds Sold and Securities Borrowed Interest Income	3.14	4.36	6.47	10	10	2.84	3.78	18	68	76
Other Interest Income	-	-	-	8.59	11	7.54	3.11	7.62	19	15
Total Interest Expense	119	124	139	196	455	292	120	279	1,234	1,444
Deposits Interest Expense	66	64	81	144	357	218	75	187	1,027	1,330
Short-Term Borrowings Interest Expense	0.17	0.50	0.95	3.55	26	7.92	0.13	12	26	4.42
Long-Term Debt Interest Expense	53	59	57	48	72	66	45	79	181	110
Total Non-Interest Income	268	273	345	280	356	507	450	409	404	240
Trust Fees by Commissions	74	-	80	90	100	108	134	151	168	165
Service Charges on Deposit Accounts	-	-	81	81	88	73	86	93	90	92
Other Service Charges	192	15	148	76	122	96	112	82	124	147
Net Realized & Unrealized Capital Gains on Investments	2.77	6.01	-0.29	-1.30	-7.66	79	-0.80	0.00	-77	-257
Other Non-Interest Income	-0.22	252	36	34	54	150	119	83	99	93
Provision for Credit Losses	19	28	67	52	88	355	-106	85	189	137
Total Non-Interest Expense	718	756	821	829	1,099	1,180	1,100	1,158	1,335	1,248
Salaries and Employee Benefits	381	402	433	453	570	618	649	682	728	737
Net Occupancy & Equipment Expense	150	156	175	189	241	258	256	263	266	273
Other Operating Expenses	171	172	167	156	230	232	187	222	323	235
Restructuring Charge	0.04	1.64	0.11	10	58	27	7.22	-9.69	18	2.12
Income Tax Expense	132	142	205	119	201	111	229	206	154	126
Preferred Stock Dividends Declared	10	10	10	18	23	33	33	33	36	43
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	0.00	0.00	-1.56	-3.01
Basic Earnings per Share	$1.63	$1.90	$2.19	$3.49	$3.50	$2.31	$4.95	$4.99	$3.48	$3.05
Weighted Average Basic Shares Outstanding	132.42M	124.39M	121.16M	117.64M	154.33M	147.42M	147.04M	145.36M	146.12M	144.16M
Diluted Earnings per Share	$1.62	$1.89	$2.17	$3.47	$3.47	$2.30	$4.90	$4.95	$3.46	$3.03
Weighted Average Diluted Shares Outstanding	133.20M	125.08M	122.01M	118.38M	156.06M	148.21M	148.50M	146.48M	146.73M	145.00M
Weighted Average Basic & Diluted Shares Outstanding	132.40M	124.50M	121.10M	159.15M	147.26M	148.64M	145.46M	146.05M	146.40M	140.89M
Cash Dividends to Common per Share	$0.42	$0.48	$0.60	$1.00	$1.20	$1.32	$1.32	$1.36	$1.52	$1.52

This table shows Synovus Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	195	197	194	166	87	61	115	-24	170	179	184
Consolidated Net Income / (Loss)	203	206	202	174	96	70	124	-15	181	189	195
Net Income / (Loss) Continuing Operations	203	206	202	174	96	70	124	-15	181	189	195
Total Pre-Tax Income	263	260	260	222	124	90	161	-22	228	238	252
Total Revenue	582	604	614	568	550	489	538	306	565	581	571
Net Interest Income / (Expense)	478	501	481	456	443	437	419	435	441	455	454
Total Interest Income	551	655	717	759	786	788	783	801	811	799	767
Loans and Leases Interest Income	490	582	635	676	704	700	692	703	702	677	649
Investment Securities Interest Income	54	59	61	60	62	65	72	79	88	91	93
Federal Funds Sold and Securities Borrowed Interest Income	5.58	10	17	17	15	19	15	16	17	28	21
Other Interest Income	1.70	3.21	3.87	5.28	4.91	4.86	3.48	4.02	3.75	3.49	3.14
Total Interest Expense	73	153	236	304	343	351	364	366	370	344	312
Deposits Interest Expense	47	108	174	242	292	319	333	336	345	316	282
Short-Term Borrowings Interest Expense	-	-	-	-	-	-	-	-	-	-	0.21
Long-Term Debt Interest Expense	26	33	62	62	51	5.83	31	30	24	24	30
Total Non-Interest Income	104	102	133	112	107	51	119	-129	124	126	116
Trust Fees by Commissions	36	44	44	22	42	60	23	40	41	61	20
Service Charges on Deposit Accounts	23	24	23	23	21	22	22	23	24	23	23
Other Service Charges	26	8.05	26	45	26	27	57	38	37	16	55
Other Non-Interest Income	19	26	39	21	19	20	17	27	23	25	18
Provision for Credit Losses	26	35	32	39	73	45	54	26	23	33	11
Total Non-Interest Expense	294	309	322	307	354	353	323	302	314	309	308
Salaries and Employee Benefits	173	183	189	183	180	177	189	179	185	185	186
Net Occupancy & Equipment Expense	66	68	65	64	67	70	67	68	69	69	71
Other Operating Expenses	54	60	69	60	89	105	66	55	59	55	53
Restructuring Charge	0.96	-2.37	-0.73	-0.11	17	1.23	1.52	-0.66	1.22	0.04	-1.29
Income Tax Expense	60	54	58	48	28	21	37	-7.38	47	49	57
Preferred Stock Dividends Declared	8.29	8.29	8.29	8.29	9.67	9.70	9.69	9.71	12	12	11
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.00	-0.17	-0.63	-0.77	-0.44	-0.65	-0.87	-1.05	-0.14
Basic Earnings per Share	$1.34	$1.36	$1.33	$1.13	$0.60	$0.42	$0.78	($0.16)	$1.19	$1.24	$1.31
Weighted Average Basic Shares Outstanding	145.39M	145.36M	145.80M	146.11M	146.17M	146.12M	146.43M	145.57M	143.14M	144.16M	140.68M
Diluted Earnings per Share	$1.33	$1.35	$1.32	$1.13	$0.60	$0.41	$0.78	($0.16)	$1.18	$1.23	$1.30
Weighted Average Diluted Shares Outstanding	146.42M	146.48M	146.73M	146.55M	146.74M	146.73M	147.12M	145.57M	143.98M	145.00M	141.78M
Weighted Average Basic & Diluted Shares Outstanding	145.46M	146.05M	146.12M	146.17M	146.24M	146.40M	146.44M	143.97M	141.67M	140.89M	139.01M
Cash Dividends to Common per Share	$0.34	-	$0.38	$0.38	$0.38	-	$0.38	$0.38	$0.38	-	$0.39

This table details how cash moves in and out of Synovus Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-118	-285	-66	211	43	3,066	-1,243	-1,032	474	543
Net Cash From Operating Activities	445	466	631	538	621	17	794	1,191	1,283	821
Net Cash From Continuing Operating Activities	445	466	631	538	621	17	794	1,191	1,283	821
Net Income / (Loss) Continuing Operations	226	247	275	428	564	374	760	758	542	479
Consolidated Net Income / (Loss)	226	247	275	428	564	374	760	758	542	479
Provision For Loan Losses	19	28	67	52	88	355	-106	85	189	137
Depreciation Expense	57	58	59	55	8.08	70	114	69	93	60
Non-Cash Adjustments to Reconcile Net Income	153	147	275	28	46	-688	82	372	499	268
Changes in Operating Assets and Liabilities, net	-10	-14	-45	-26	-85	-93	-56	-92	-41	-124
Net Cash From Investing Activities	-2,107	-1,417	-1,474	-1,338	-2,154	-2,353	-4,384	-4,855	324	178
Net Cash From Continuing Investing Activities	-2,107	-1,417	-1,474	-1,338	-2,154	-2,353	-4,384	-4,855	324	178
Purchase of Property, Leasehold Improvements and Equipment	-28	-34	-51	-53	-61	-30	-26	-30	-32	-56
Purchase of Investment Securities	-3,051	-3,310	-2,939	-1,961	-6,431	-8,449	-8,105	-6,937	-3,691	-2,038
Sale and/or Maturity of Investments	1,121	1,922	1,516	661	4,120	6,368	3,728	2,103	4,030	2,265
Other Investing Activities, net	-151	-	-	15	17	-242	19	9.27	17	6.50
Net Cash From Financing Activities	1,543	666	777	1,011	1,576	5,402	2,347	2,632	-1,133	-456
Net Cash From Continuing Financing Activities	1,543	666	777	1,011	1,576	5,402	2,347	2,632	-1,133	-456
Net Change in Deposits	1,710	1,405	1,499	572	798	8,285	2,736	-531	1,858	344
Issuance of Debt	872	1,875	1,872	2,830	1,601	1,445	0.00	4,226	2,621	1,643
Repayment of Debt	-824	-2,264	-2,350	-2,231	-159	-4,155	-7.52	-700	-5,405	-1,850
Repurchase of Common Equity	-199	-263	-175	-175	-725	-16	-200	-13	0.00	-272
Payment of Dividends	-66	-70	-65	-120	-186	-223	-228	-229	-252	-261
Other Financing Activities, Net	51	-17	-3.95	70	-94	66	47	-120	44	-60
Cash Interest Paid	116	124	143	180	465	319	133	242	1,113	1,467
Cash Income Taxes Paid	11	9.34	18	41	102	111	204	176	70	47

This table details how cash moves in and out of Synovus Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	203	110	1,388	-1,311	83	314	-28	-129	-441	1,140	-288
Net Cash From Operating Activities	400	581	354	360	302	266	24	279	257	261	52
Net Cash From Continuing Operating Activities	400	581	354	360	302	266	24	279	257	261	52
Net Income / (Loss) Continuing Operations	203	206	202	174	96	70	124	-15	181	189	195
Consolidated Net Income / (Loss)	203	206	202	174	96	70	124	-15	181	189	195
Provision For Loan Losses	26	35	32	39	73	45	54	26	23	33	11
Depreciation Expense	16	16	20	22	22	30	18	16	13	13	12
Non-Cash Adjustments to Reconcile Net Income	216	320	138	180	95	88	-68	261	32	43	-19
Changes in Operating Assets and Liabilities, net	-61	3.87	-38	-54	17	34	-104	-10	7.42	-17	-147
Net Cash From Investing Activities	-1,722	-1,162	-692	-286	1,026	276	-78	169	-240	327	-182
Net Cash From Continuing Investing Activities	-1,722	-1,162	-692	-286	1,026	276	-78	169	-240	327	-182
Purchase of Property, Leasehold Improvements and Equipment	-10	-8.62	-6.52	-6.18	-7.85	-12	-18	-10	-16	-12	-8.16
Purchase of Investment Securities	-2,288	-1,423	-973	-677	-837	-1,204	-242	-1,440	-450	93	-351
Sale and/or Maturity of Investments	575	265	285	388	1,870	1,486	182	1,618	224	241	178
Net Cash From Financing Activities	1,525	691	1,726	-1,385	-1,244	-229	26	-578	-458	553	-158
Net Cash From Continuing Financing Activities	1,525	691	1,726	-1,385	-1,244	-229	26	-578	-458	553	-158
Net Change in Deposits	-1,320	1,178	1,070	147	122	519	-157	-387	-18	906	-259
Issuance of Debt	2,393	578	1,021	1,598	0.90	1.13	100	1,050	-	493	350
Repayment of Debt	614	-914	-350	-2,954	-1,317	-784	249	-1,050	-278	-772	0.00
Repurchase of Common Equity	-	-	0.00	-	-	-	-30	-92	-101	-50	-121
Payment of Dividends	-58	-58	-58	-64	-65	-65	-65	-65	-65	-66	-65
Other Financing Activities, Net	-105	-93	43	-112	14	100	-70	-33	2.82	40	-63
Cash Interest Paid	59	131	207	271	302	332	385	345	400	336	327
Cash Income Taxes Paid	51	36	52	5.83	2.09	9.67	29	0.16	4.56	14	30

This table presents Synovus Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	28,793	30,104	31,222	32,669	48,203	54,394	57,317	59,731	59,810	60,234
Cash and Due from Banks	367	395	398	468	536	532	433	1,939	2,414	2,978
Federal Funds Sold	900	585	509	655	630	3,700	2,551	38	37	16
Trading Account Securities	3,593	3,728	3,987	3,992	6,779	7,962	10,918	9,678	9,789	10,132
Loans and Leases, Net of Allowance	22,177	23,605	24,538	25,696	37,162	-606	38,884	43,273	42,925	42,122
Loans and Leases	22,430	23,856	24,787	25,947	37,162	-	39,312	43,716	43,404	42,609
Allowance for Loan and Lease Losses	252	252	249	251	-	606	428	443	479	487
Loans Held for Sale	59	52	48	37	115	760	751	392	53	90
Premises and Equipment, Net	445	417	427	434	494	464	407	371	366	384
Goodwill	24	60	57	57	497	452	452	452	480	480
Intangible Assets	0.47	13	11	9.88	56	45	36	27	46	34
Other Assets	1,209	1,231	1,220	1,299	1,913	41,063	41,743	3,561	3,699	3,996
Total Liabilities & Shareholders' Equity	28,793	30,104	31,222	32,669	48,203	54,394	57,317	59,731	59,810	60,234
Total Liabilities	25,792	27,176	28,260	29,536	43,262	49,233	52,020	55,256	54,665	54,967
Non-Interest Bearing Deposits	6,733	7,086	7,686	7,651	9,439	13,478	16,393	15,640	12,508	11,596
Interest Bearing Deposits	16,510	17,562	18,462	19,069	28,966	33,214	33,035	33,232	38,232	39,499
Federal Funds Purchased and Securities Sold	177	160	161	238	166	228	264	147	193	132
Long-Term Debt	2,187	2,161	1,606	1,657	2,154	1,202	1,204	4,110	1,933	1,733
Other Long-Term Liabilities	186	207	245	270	783	1,111	1,125	1,524	1,801	2,007
Total Equity & Noncontrolling Interests	3,000	2,928	2,962	3,134	4,942	5,161	5,297	4,476	5,144	5,266
Total Preferred & Common Equity	3,000	2,928	2,962	3,134	4,942	5,161	5,297	4,476	5,120	5,245
Preferred Stock	126	126	-	195	537	537	537	537	537	537
Total Common Equity	2,874	2,802	2,962	2,938	4,405	4,624	4,760	3,939	4,583	4,707
Common Stock	3,131	3,170	3,186	3,204	3,986	4,019	4,063	4,090	4,127	4,159
Retained Earnings	175	352	544	844	1,068	1,178	1,710	2,235	2,517	2,736
Treasury Stock	-402	-665	-840	-1,015	-716	-732	-931	-944	-944	-1,217
Accumulated Other Comprehensive Income / (Loss)	-30	-56	-55	-94	66	159	-82	-1,442	-1,117	-971
Noncontrolling Interest	-	-	-	-	-	-	-	0.00	24	22

This table presents Synovus Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	58,640	61,840	60,656	59,343	59,835	59,606	59,590	60,339
Cash and Due from Banks	516	638	576	605	2,380	2,264	1,808	2,675
Federal Funds Sold	1,319	36	1,428	1,468	44	31	46	31
Trading Account Securities	9,588	9,733	9,621	9,237	9,695	9,712	10,177	10,387
Loans and Leases, Net of Allowance	42,150	43,588	43,882	43,202	42,817	42,608	42,636	42,171
Loans and Leases	42,571	44,045	44,354	43,680	43,310	43,093	43,121	42,649
Allowance for Loan and Lease Losses	421	457	471	478	493	485	485	478
Loans Held for Sale	696	669	514	67	131	139	121	122
Premises and Equipment, Net	377	367	365	364	375	375	380	382
Goodwill	452	452	476	480	480	480	480	480
Intangible Assets	29	25	62	49	43	40	37	32
Other Assets	3,479	3,640	3,681	3,806	3,871	3,956	3,904	4,060
Total Liabilities & Shareholders' Equity	58,640	61,840	60,656	59,343	59,835	59,606	59,590	60,339
Total Liabilities	54,410	21,310	55,848	54,781	54,793	54,530	54,211	54,927
Non-Interest Bearing Deposits	16,360	14,643	13,566	12,977	12,042	11,656	11,562	11,543
Interest Bearing Deposits	31,338	-	36,515	37,227	38,538	38,540	38,632	39,300
Federal Funds Purchased and Securities Sold	240	-	83	98	128	94	94	83
Long-Term Debt	4,434	5,146	4,021	2,705	2,032	2,284	2,021	2,097
Other Long-Term Liabilities	2,038	1,521	1,661	1,772	1,801	1,953	1,903	1,904
Total Equity & Noncontrolling Interests	4,230	4,770	4,808	4,562	5,042	5,077	5,378	5,412
Total Preferred & Common Equity	4,230	4,770	4,783	4,537	5,018	5,054	5,356	5,391
Preferred Stock	537	537	537	537	537	537	537	537
Total Common Equity	3,693	4,233	4,245	4,000	4,481	4,516	4,819	4,854
Common Stock	4,087	4,096	4,104	4,111	4,129	4,138	4,149	4,156
Retained Earnings	2,085	2,371	2,481	2,512	2,574	2,495	2,611	2,862
Treasury Stock	-944	-944	-944	-944	-974	-1,066	-1,167	-1,338
Accumulated Other Comprehensive Income / (Loss)	-1,534	-1,289	-1,395	-1,679	-1,248	-1,050	-774	-827
Noncontrolling Interest	-	-	25	25	24	23	22	22

This table displays calculated financial ratios and metrics derived from Synovus Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.28%	7.04%	16.74%	4.37%	36.63%	3.46%	-1.80%	11.26%	0.65%	-10.42%
EBITDA Growth	16.17%	7.55%	20.73%	11.73%	28.31%	-28.30%	98.98%	-6.31%	-23.59%	-15.74%
EBIT Growth	18.51%	8.33%	23.60%	14.00%	39.77%	-36.65%	104.13%	-2.55%	-27.80%	-13.10%
NOPAT Growth	15.79%	9.16%	11.63%	55.54%	31.58%	-33.72%	103.50%	-0.34%	-28.47%	-11.56%
Net Income Growth	15.79%	9.16%	11.63%	55.54%	31.58%	-33.72%	103.50%	-0.34%	-28.47%	-11.56%
EPS Growth	21.80%	16.67%	14.81%	59.91%	0.00%	-33.72%	113.04%	1.02%	-30.10%	-12.43%
Operating Cash Flow Growth	14.92%	4.70%	35.48%	-14.76%	15.43%	-97.26%	4,561.91%	50.06%	7.65%	-35.99%
Free Cash Flow Firm Growth	6,919.50%	57.14%	101.87%	-149.47%	-725.53%	200.51%	-78.21%	-409.70%	237.55%	-79.02%
Invested Capital Growth	0.13%	-1.89%	-8.28%	16.56%	62.65%	-28.09%	2.16%	41.34%	-22.99%	-1.09%
Revenue Q/Q Growth	0.62%	2.51%	-4.28%	11.71%	5.47%	0.17%	0.44%	4.47%	-4.93%	4.84%
EBITDA Q/Q Growth	2.57%	4.18%	-15.26%	36.73%	2.42%	-4.54%	10.60%	-0.90%	-16.45%	24.52%
EBIT Q/Q Growth	3.41%	4.67%	-16.78%	42.31%	4.46%	-3.87%	9.07%	-0.97%	-19.59%	32.40%
NOPAT Q/Q Growth	2.37%	4.29%	-12.39%	21.38%	9.01%	-0.34%	7.04%	0.71%	-20.08%	33.31%
Net Income Q/Q Growth	2.37%	4.29%	-12.39%	21.38%	9.01%	-0.34%	7.04%	0.71%	-20.08%	33.31%
EPS Q/Q Growth	1.25%	2.72%	-12.15%	23.05%	2.36%	0.44%	7.46%	0.81%	-21.36%	37.10%
Operating Cash Flow Q/Q Growth	8.98%	1.87%	1.33%	0.23%	21.50%	-64.94%	-25.71%	112.20%	-19.69%	-0.65%
Free Cash Flow Firm Q/Q Growth	-41.05%	53.48%	38.66%	-702.66%	20.17%	12.65%	-53.74%	-32.63%	27.99%	143.07%
Invested Capital Q/Q Growth	2.60%	0.42%	-4.34%	5.12%	-4.40%	-10.28%	0.69%	6.06%	-2.64%	-5.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	37.92%	38.10%	39.40%	42.18%	39.61%	27.45%	55.62%	46.84%	35.56%	33.45%
EBIT Margin	32.74%	33.13%	35.08%	38.32%	39.20%	24.00%	49.89%	43.70%	31.35%	30.41%
Profit (Net Income) Margin	20.64%	21.05%	20.13%	29.99%	28.89%	18.51%	38.35%	34.35%	24.41%	24.10%
Tax Burden Percent	63.05%	63.53%	57.37%	78.28%	73.70%	77.10%	76.86%	78.61%	77.88%	79.25%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	36.95%	36.47%	42.63%	21.72%	26.30%	22.90%	23.14%	21.39%	22.12%	20.75%
Return on Invested Capital (ROIC)	4.36%	4.80%	5.65%	8.48%	7.89%	4.91%	11.82%	9.66%	6.67%	6.81%
ROIC Less NNEP Spread (ROIC-NNEP)	4.36%	4.80%	5.65%	8.48%	7.89%	4.91%	11.82%	9.66%	6.67%	6.81%
Return on Net Nonoperating Assets (RNNOA)	3.12%	3.52%	3.71%	5.58%	6.07%	2.48%	2.72%	5.85%	4.61%	2.40%
Return on Equity (ROE)	7.48%	8.33%	9.35%	14.06%	13.96%	7.40%	14.54%	15.51%	11.27%	9.21%
Cash Return on Invested Capital (CROIC)	4.24%	6.72%	14.28%	-6.82%	-39.81%	37.59%	9.69%	-24.60%	32.64%	7.91%
Operating Return on Assets (OROA)	1.28%	1.32%	1.57%	1.71%	1.89%	0.94%	1.77%	1.65%	1.16%	1.01%
Return on Assets (ROA)	0.81%	0.84%	0.90%	1.34%	1.39%	0.73%	1.36%	1.30%	0.91%	0.80%
Return on Common Equity (ROCE)	7.17%	7.97%	9.15%	13.61%	12.70%	6.61%	13.05%	13.81%	9.98%	8.22%
Return on Equity Simple (ROE_SIMPLE)	7.54%	8.43%	9.30%	13.67%	11.41%	7.24%	14.36%	16.93%	10.59%	9.14%
Net Operating Profit after Tax (NOPAT)	226	247	275	428	564	374	760	758	542	479
NOPAT Margin	20.64%	21.05%	20.13%	29.99%	28.89%	18.51%	38.35%	34.35%	24.41%	24.10%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	49.92%	49.30%	46.10%	46.44%	41.56%	43.38%	45.65%	42.84%	44.79%	50.81%
Operating Expenses to Revenue	65.53%	64.48%	60.01%	58.06%	56.31%	58.42%	55.47%	52.47%	60.14%	62.72%
Earnings before Interest and Taxes (EBIT)	359	388	480	547	765	485	989	964	696	605
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	415	447	539	603	773	554	1,103	1,033	790	665
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.12	1.38	1.51	1.01	1.08	0.91	1.32	1.28	1.16	1.54
Price to Tangible Book Value (P/TBV)	1.13	1.42	1.55	1.04	1.23	1.02	1.47	1.45	1.31	1.73
Price to Revenue (P/Rev)	2.94	3.31	3.28	2.09	2.44	2.08	3.17	2.28	2.39	3.65
Price to Earnings (P/E)	14.91	16.41	16.91	7.26	8.79	12.33	8.65	6.93	10.46	16.51
Dividend Yield	1.70%	1.51%	1.60%	3.90%	3.70%	4.65%	3.05%	3.94%	4.19%	2.97%
Earnings Yield	6.71%	6.10%	5.91%	13.77%	11.38%	8.11%	11.56%	14.43%	9.56%	6.06%
Enterprise Value to Invested Capital (EV/IC)	0.82	1.02	1.13	0.80	0.91	0.26	0.77	0.90	0.76	0.94
Enterprise Value to Revenue (EV/Rev)	3.88	4.41	3.84	3.04	4.10	0.83	2.53	3.76	2.41	3.30
Enterprise Value to EBITDA (EV/EBITDA)	10.23	11.57	9.75	7.20	10.36	3.04	4.56	8.03	6.78	9.85
Enterprise Value to EBIT (EV/EBIT)	11.85	13.31	10.95	7.93	10.47	3.47	5.08	8.60	7.69	10.84
Enterprise Value to NOPAT (EV/NOPAT)	18.79	20.94	19.09	10.13	14.21	4.51	6.61	10.95	9.87	13.67
Enterprise Value to Operating Cash Flow (EV/OCF)	9.55	11.09	8.33	8.07	12.90	98.88	6.33	6.96	4.17	7.98
Enterprise Value to Free Cash Flow (EV/FCFF)	19.34	14.98	7.55	0.00	0.00	0.59	8.07	0.00	2.02	11.77
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.73	0.74	0.58	0.74	0.79	0.23	0.23	1.05	0.38	0.33
Long-Term Debt to Equity	0.73	0.74	0.54	0.53	0.44	0.23	0.23	0.92	0.38	0.33
Financial Leverage	0.72	0.73	0.66	0.66	0.77	0.51	0.23	0.61	0.69	0.35
Leverage Ratio	9.24	9.94	10.41	10.48	10.01	10.16	10.68	11.98	12.43	11.53
Compound Leverage Factor	9.24	9.94	10.41	10.48	10.01	10.16	10.68	11.98	12.43	11.53
Debt to Total Capital	42.16%	42.46%	36.55%	42.41%	44.16%	18.90%	18.53%	51.29%	27.31%	24.76%
Short-Term Debt to Total Capital	0.00%	0.00%	2.14%	11.95%	19.82%	0.00%	0.00%	6.57%	0.00%	0.00%
Long-Term Debt to Total Capital	42.16%	42.46%	34.41%	30.46%	24.34%	18.90%	18.52%	44.72%	27.31%	24.76%
Preferred Equity to Total Capital	2.43%	2.48%	0.00%	3.59%	6.07%	8.44%	8.26%	5.85%	7.59%	7.67%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.34%	0.31%
Common Equity to Total Capital	55.41%	55.06%	63.45%	54.01%	49.77%	72.66%	73.21%	42.86%	64.76%	67.25%
Debt to EBITDA	5.27	4.84	3.16	3.83	5.05	2.17	1.09	4.56	2.45	2.60
Net Debt to EBITDA	2.17	2.60	1.43	1.93	3.52	-5.50	-1.64	2.65	-0.66	-1.90
Long-Term Debt to EBITDA	5.27	4.84	2.98	2.75	2.79	2.17	1.09	3.98	2.45	2.60
Debt to NOPAT	9.67	8.76	6.19	5.38	6.93	3.22	1.58	6.22	3.56	3.61
Net Debt to NOPAT	3.99	4.71	2.81	2.72	4.83	-8.16	-2.37	3.61	-0.96	-2.63
Long-Term Debt to NOPAT	9.67	8.76	5.83	3.87	3.82	3.22	1.58	5.42	3.56	3.61
Noncontrolling Interest Sharing Ratio	4.17%	4.25%	2.14%	3.20%	9.07%	10.63%	10.27%	10.99%	11.42%	10.76%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	220	345	697	-345	-2,845	2,859	623	-1,930	2,654	557
Operating Cash Flow to CapEx	1,567.90%	1,357.60%	1,235.09%	1,012.16%	1,014.65%	56.58%	3,059.32%	3,957.78%	3,982.44%	1,462.16%
Free Cash Flow to Firm to Interest Expense	1.85	2.79	5.00	-1.76	-6.25	9.80	5.18	-6.92	2.15	0.39
Operating Cash Flow to Interest Expense	3.75	3.77	4.53	2.75	1.37	0.06	6.60	4.27	1.04	0.57
Operating Cash Flow Less CapEx to Interest Expense	3.51	3.49	4.17	2.48	1.23	-0.04	6.38	4.16	1.01	0.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.05	0.04	0.04	0.04	0.04	0.03
Fixed Asset Turnover	2.43	2.72	3.24	3.32	4.21	4.22	4.55	5.67	6.03	5.31
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,187	5,089	4,668	5,441	8,849	6,364	6,501	9,189	7,077	6,999
Invested Capital Turnover	0.21	0.23	0.28	0.28	0.27	0.27	0.31	0.28	0.27	0.28
Increase / (Decrease) in Invested Capital	6.49	-98	-421	773	3,408	-2,485	137	2,688	-2,112	-77
Enterprise Value (EV)	4,247	5,168	5,259	4,340	8,010	1,684	5,025	8,295	5,352	6,555
Market Capitalization	3,219	3,881	4,486	2,981	4,753	4,197	6,294	5,023	5,309	7,258
Book Value per Share	$22.01	$22.91	$24.78	$25.25	$30.06	$31.29	$32.71	$27.08	$31.34	$33.23
Tangible Book Value per Share	$21.82	$22.31	$24.21	$24.67	$26.28	$27.92	$29.36	$23.78	$27.74	$29.60
Total Capital	5,187	5,089	4,668	5,441	8,849	6,364	6,501	9,189	7,077	6,999
Total Debt	2,187	2,161	1,706	2,307	3,907	1,202	1,204	4,713	1,933	1,733
Total Long-Term Debt	2,187	2,161	1,606	1,657	2,154	1,202	1,204	4,110	1,933	1,733
Net Debt	903	1,162	773	1,164	2,721	-3,050	-1,805	2,735	-519	-1,261
Capital Expenditures (CapEx)	28	34	51	53	61	30	26	30	32	56
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	2,187	2,161	1,706	2,307	3,907	1,202	1,204	4,713	1,933	1,733
Total Depreciation and Amortization (D&A)	57	58	59	55	8.08	70	114	69	93	60
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.63	$1.90	$2.19	$3.49	$3.50	$2.31	$4.95	$4.99	$3.48	$3.05
Adjusted Weighted Average Basic Shares Outstanding	132.42M	124.39M	121.16M	117.64M	154.33M	147.42M	147.04M	145.36M	146.12M	144.16M
Adjusted Diluted Earnings per Share	$1.62	$1.89	$2.17	$3.47	$3.47	$2.30	$4.90	$4.95	$3.46	$3.03
Adjusted Weighted Average Diluted Shares Outstanding	133.20M	125.08M	122.01M	118.38M	156.06M	148.21M	148.50M	146.48M	146.73M	145.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	126.32M	122.35M	118.68M	159.15M	147.26M	148.64M	145.46M	146.05M	146.40M	140.89M
Normalized Net Operating Profit after Tax (NOPAT)	226	251	289	436	606	429	766	750	556	481
Normalized NOPAT Margin	20.64%	21.40%	21.10%	30.54%	31.07%	21.25%	38.63%	34.01%	25.03%	24.19%
Pre Tax Income Margin	32.74%	33.13%	35.08%	38.32%	39.20%	24.00%	49.89%	43.70%	31.35%	30.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.02	3.14	3.45	2.79	1.68	1.66	8.22	3.46	0.56	0.42
NOPAT to Interest Expense	1.91	2.00	1.98	2.19	1.24	1.28	6.32	2.72	0.44	0.33
EBIT Less CapEx to Interest Expense	2.78	2.86	3.08	2.52	1.55	1.56	8.00	3.35	0.54	0.38
NOPAT Less CapEx to Interest Expense	1.67	1.72	1.61	1.92	1.11	1.18	6.10	2.61	0.41	0.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	29.01%	28.23%	23.56%	28.05%	32.93%	59.71%	29.96%	30.26%	46.48%	54.40%
Augmented Payout Ratio	117.13%	134.83%	87.12%	68.91%	161.60%	64.06%	56.25%	31.97%	46.48%	111.20%

This table displays calculated financial ratios and metrics derived from Synovus Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.47%	18.53%	23.37%	8.64%	-5.48%	-19.06%	-12.40%	-46.08%	2.62%	18.81%	6.16%
EBITDA Growth	2.57%	-3.28%	20.59%	-1.21%	-47.71%	-56.39%	-36.11%	-102.34%	65.14%	108.94%	47.28%
EBIT Growth	9.11%	-3.52%	21.59%	-2.71%	-52.71%	-65.24%	-38.04%	-109.95%	83.26%	163.86%	56.44%
NOPAT Growth	8.71%	2.68%	18.20%	-2.31%	-52.49%	-66.19%	-38.63%	-108.88%	87.31%	172.20%	57.07%
Net Income Growth	8.71%	2.68%	18.20%	-2.31%	-52.49%	-66.19%	-38.63%	-108.44%	87.31%	172.20%	57.07%
EPS Growth	9.92%	3.05%	18.92%	-2.59%	-54.89%	-69.63%	-40.91%	-114.16%	96.67%	200.00%	66.67%
Operating Cash Flow Growth	-1.72%	1,277.19%	95.46%	1,112.52%	-24.39%	-54.15%	-93.21%	-22.37%	-15.01%	-2.03%	115.58%
Free Cash Flow Firm Growth	-343.51%	-4,039.34%	-3,422.19%	-1,083.94%	174.43%	187.91%	196.56%	164.03%	-96.64%	-87.78%	-99.97%
Invested Capital Growth	34.19%	41.34%	711.32%	38.23%	-16.11%	-22.99%	-83.96%	-16.62%	1.80%	-1.09%	2.50%
Revenue Q/Q Growth	11.40%	3.70%	1.67%	-7.50%	-3.08%	-11.20%	10.04%	-43.07%	84.46%	2.81%	-1.68%
EBITDA Q/Q Growth	13.19%	-1.17%	1.54%	-13.02%	-40.09%	-17.57%	48.74%	-103.19%	4,325.43%	4.29%	4.85%
EBIT Q/Q Growth	15.23%	-1.04%	-0.01%	-14.67%	-43.99%	-27.25%	78.21%	-113.70%	1,131.81%	4.75%	5.66%
NOPAT Q/Q Growth	14.04%	1.34%	-1.75%	-13.96%	-44.54%	-27.88%	78.33%	-112.45%	1,270.19%	4.81%	2.90%
Net Income Q/Q Growth	14.04%	1.34%	-1.75%	-13.96%	-44.54%	-27.88%	78.33%	-111.83%	1,330.82%	4.81%	2.90%
EPS Q/Q Growth	14.66%	1.50%	-2.22%	-14.39%	-46.90%	-31.67%	90.24%	-120.51%	837.50%	4.24%	5.69%
Operating Cash Flow Q/Q Growth	1,247.97%	45.22%	-38.96%	1.47%	-15.95%	-11.94%	-90.96%	1,059.70%	-7.98%	1.52%	-80.10%
Free Cash Flow Firm Q/Q Growth	-969.54%	-23.81%	-1,505.48%	94.31%	165.77%	46.24%	1,666.37%	-96.23%	-96.55%	432.40%	-95.69%
Invested Capital Q/Q Growth	35.62%	6.06%	397.09%	-80.67%	-17.69%	-2.64%	3.47%	0.51%	0.49%	-5.40%	7.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	47.92%	45.67%	45.61%	42.89%	26.51%	24.61%	33.26%	-1.86%	42.66%	43.28%	46.15%
EBIT Margin	45.11%	43.05%	42.33%	39.05%	22.57%	18.49%	29.94%	-7.21%	40.30%	41.06%	44.13%
Profit (Net Income) Margin	34.87%	34.08%	32.93%	30.63%	17.53%	14.24%	23.07%	-4.80%	32.00%	32.62%	34.14%
Tax Burden Percent	77.31%	79.17%	77.79%	78.44%	77.67%	77.00%	77.06%	66.55%	79.39%	79.44%	77.36%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	22.69%	20.83%	22.21%	21.56%	22.33%	23.00%	22.94%	0.00%	20.61%	20.56%	22.64%
Return on Invested Capital (ROIC)	9.74%	9.58%	2.98%	9.53%	5.14%	3.89%	1.87%	-1.17%	8.28%	9.22%	9.31%
ROIC Less NNEP Spread (ROIC-NNEP)	9.74%	9.58%	2.98%	9.53%	5.14%	3.89%	1.87%	-1.15%	8.28%	9.22%	9.31%
Return on Net Nonoperating Assets (RNNOA)	5.79%	5.80%	12.96%	5.91%	4.18%	2.69%	8.22%	-0.73%	3.94%	3.25%	3.90%
Return on Equity (ROE)	15.53%	15.39%	15.94%	15.45%	9.31%	6.57%	10.09%	-1.91%	12.21%	12.47%	13.21%
Cash Return on Invested Capital (CROIC)	-19.24%	-24.60%	-153.03%	-21.78%	26.03%	32.64%	146.46%	21.53%	3.12%	7.91%	4.95%
Operating Return on Assets (OROA)	1.67%	1.62%	1.66%	1.57%	0.89%	0.69%	1.06%	-0.23%	1.29%	1.36%	1.49%
Return on Assets (ROA)	1.29%	1.28%	1.29%	1.23%	0.69%	0.53%	0.81%	-0.15%	1.02%	1.08%	1.15%
Return on Common Equity (ROCE)	13.77%	13.70%	14.16%	13.64%	8.15%	5.82%	8.96%	-1.69%	10.84%	11.12%	11.79%
Return on Equity Simple (ROE_SIMPLE)	17.79%	0.00%	16.54%	16.41%	14.95%	0.00%	9.25%	5.45%	6.71%	0.00%	10.21%
Net Operating Profit after Tax (NOPAT)	203	206	202	174	96	70	124	-15	181	189	195
NOPAT Margin	34.87%	34.08%	32.93%	30.63%	17.53%	14.24%	23.07%	-5.04%	32.00%	32.62%	34.14%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.02%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	41.11%	41.56%	41.31%	43.58%	44.88%	50.46%	47.53%	80.88%	44.86%	43.77%	44.85%
Operating Expenses to Revenue	50.50%	51.18%	52.43%	54.10%	64.24%	72.21%	60.02%	98.58%	55.55%	53.28%	53.96%
Earnings before Interest and Taxes (EBIT)	263	260	260	222	124	90	161	-22	228	238	252
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	279	276	280	244	146	120	179	-5.70	241	251	263
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.37	1.28	1.01	1.00	0.98	1.16	1.29	1.30	1.33	1.54	1.36
Price to Tangible Book Value (P/TBV)	1.57	1.45	1.13	1.14	1.13	1.31	1.47	1.47	1.49	1.73	1.52
Price to Revenue (P/Rev)	2.39	2.28	1.83	1.79	1.67	2.39	2.70	3.13	3.37	3.65	3.26
Price to Earnings (P/E)	7.02	6.93	5.64	5.63	6.06	10.46	13.53	24.61	19.92	16.51	12.95
Dividend Yield	3.89%	3.94%	4.80%	4.97%	5.53%	4.19%	3.83%	3.78%	3.42%	2.97%	3.27%
Earnings Yield	14.24%	14.43%	17.74%	17.77%	16.49%	9.56%	7.39%	4.06%	5.02%	6.06%	7.72%
Enterprise Value to Invested Capital (EV/IC)	0.94	0.90	0.20	0.77	0.69	0.76	0.85	0.87	0.96	0.94	0.87
Enterprise Value to Revenue (EV/Rev)	3.86	3.76	3.98	2.86	2.16	2.41	2.90	3.42	3.76	3.30	3.23
Enterprise Value to EBITDA (EV/EBITDA)	7.82	8.03	8.54	6.27	5.33	6.78	9.03	14.65	13.34	9.85	8.71
Enterprise Value to EBIT (EV/EBIT)	8.38	8.60	9.14	6.74	5.82	7.69	10.41	18.21	15.60	10.84	9.39
Enterprise Value to NOPAT (EV/NOPAT)	10.84	10.95	11.70	8.62	7.43	9.87	13.40	23.37	19.82	13.67	11.88
Enterprise Value to Operating Cash Flow (EV/OCF)	14.52	6.96	6.77	3.99	3.16	4.17	6.53	7.38	8.63	7.98	7.70
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	2.43	2.02	0.16	3.69	31.12	11.77	17.81
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.05	1.05	1.08	0.84	0.59	0.38	0.45	0.45	0.38	0.33	0.39
Long-Term Debt to Equity	1.05	0.92	1.08	0.84	0.59	0.38	0.40	0.45	0.38	0.33	0.39
Financial Leverage	0.59	0.61	4.35	0.62	0.81	0.69	4.40	0.64	0.48	0.35	0.42
Leverage Ratio	12.04	11.98	12.33	12.57	13.42	12.43	12.40	12.17	11.97	11.53	11.50
Compound Leverage Factor	12.04	11.98	12.33	12.57	13.42	12.43	12.40	12.17	11.97	11.53	11.50
Debt to Total Capital	51.18%	51.29%	51.90%	45.56%	37.24%	27.31%	31.18%	31.05%	27.31%	24.76%	27.92%
Short-Term Debt to Total Capital	0.00%	6.57%	0.00%	0.02%	0.03%	0.00%	3.45%	0.03%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	51.18%	44.72%	51.90%	45.54%	37.21%	27.31%	27.73%	31.02%	27.31%	24.76%	27.92%
Preferred Equity to Total Capital	6.20%	5.85%	5.42%	6.08%	7.39%	7.59%	7.33%	7.30%	7.26%	7.67%	7.15%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.29%	0.34%	0.34%	0.32%	0.31%	0.30%	0.31%	0.29%
Common Equity to Total Capital	42.62%	42.86%	42.69%	48.08%	55.03%	64.76%	61.16%	61.34%	65.13%	67.25%	64.64%
Debt to EBITDA	4.25	4.56	4.76	3.73	2.86	2.45	3.32	5.20	3.78	2.60	2.80
Net Debt to EBITDA	2.46	2.65	4.10	1.83	0.60	-0.66	-0.20	-0.02	0.31	-1.90	-0.81
Long-Term Debt to EBITDA	4.25	3.98	4.76	3.73	2.86	2.45	2.95	5.20	3.78	2.60	2.80
Debt to NOPAT	5.89	6.22	6.52	5.13	3.99	3.56	4.92	8.30	5.62	3.61	3.81
Net Debt to NOPAT	3.41	3.61	5.62	2.51	0.84	-0.96	-0.30	-0.03	0.47	-2.63	-1.11
Long-Term Debt to NOPAT	5.89	5.42	6.52	5.12	3.99	3.56	4.38	8.29	5.62	3.61	3.81
Noncontrolling Interest Sharing Ratio	11.33%	10.99%	11.20%	11.71%	12.50%	11.42%	11.19%	11.36%	11.28%	10.76%	10.71%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,004	-2,482	-39,844	-2,268	1,492	2,182	38,475	1,452	50	267	11
Operating Cash Flow to CapEx	3,909.61%	6,737.75%	5,437.03%	5,815.96%	3,849.13%	2,285.09%	130.21%	2,779.31%	1,621.19%	2,216.34%	636.21%
Free Cash Flow to Firm to Interest Expense	-27.32	-16.19	-168.74	-7.47	4.35	6.21	105.74	3.97	0.14	0.78	0.04
Operating Cash Flow to Interest Expense	5.45	3.79	1.50	1.18	0.88	0.76	0.07	0.76	0.69	0.76	0.17
Operating Cash Flow Less CapEx to Interest Expense	5.31	3.73	1.47	1.16	0.86	0.73	0.02	0.73	0.65	0.72	0.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03
Fixed Asset Turnover	5.27	5.67	6.16	6.33	6.31	6.03	5.78	5.08	5.10	5.31	5.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,664	9,189	45,676	8,831	7,269	7,077	7,326	7,363	7,399	6,999	7,509
Invested Capital Turnover	0.28	0.28	0.09	0.31	0.29	0.27	0.08	0.23	0.26	0.28	0.27
Increase / (Decrease) in Invested Capital	2,207	2,688	40,047	2,442	-1,395	-2,112	-38,351	-1,468	131	-77	183
Enterprise Value (EV)	8,155	8,295	9,235	6,764	5,040	5,352	6,220	6,437	7,129	6,555	6,535
Market Capitalization	5,051	5,023	4,260	4,233	3,909	5,309	5,799	5,885	6,402	7,258	6,585
Book Value per Share	$25.40	$27.08	$28.98	$29.05	$27.36	$31.34	$30.60	$30.84	$33.47	$33.23	$34.45
Tangible Book Value per Share	$22.09	$23.78	$25.71	$25.38	$23.75	$27.74	$27.03	$27.29	$29.88	$29.60	$30.81
Total Capital	8,664	9,189	9,916	8,831	7,269	7,077	7,326	7,363	7,399	6,999	7,509
Total Debt	4,434	4,713	5,146	4,023	2,707	1,933	2,284	2,286	2,021	1,733	2,097
Total Long-Term Debt	4,434	4,110	5,146	4,021	2,705	1,933	2,032	2,284	2,021	1,733	2,097
Net Debt	2,567	2,735	4,438	1,969	569	-519	-139	-8.31	167	-1,261	-609
Capital Expenditures (CapEx)	10	8.62	6.52	6.18	7.85	12	18	10	16	12	8.16
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.76	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	4,434	4,713	40,906	4,023	2,707	1,933	2,284	2,286	2,021	1,733	2,097
Total Depreciation and Amortization (D&A)	16	16	20	22	22	30	18	16	13	13	12
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.34	$1.36	$1.33	$1.13	$0.60	$0.42	$0.78	($0.16)	$1.19	$1.24	$1.31
Adjusted Weighted Average Basic Shares Outstanding	145.39M	145.36M	145.80M	146.11M	146.17M	146.12M	146.43M	145.57M	143.14M	144.16M	140.68M
Adjusted Diluted Earnings per Share	$1.33	$1.35	$1.32	$1.13	$0.60	$0.41	$0.78	($0.16)	$1.18	$1.23	$1.30
Adjusted Weighted Average Diluted Shares Outstanding	146.42M	146.48M	146.73M	146.55M	146.74M	146.73M	147.12M	145.57M	143.98M	145.00M	141.78M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	145.46M	146.05M	146.12M	146.17M	146.24M	146.40M	146.44M	143.97M	141.67M	140.89M	139.01M
Normalized Net Operating Profit after Tax (NOPAT)	204	204	202	174	110	71	125	-16	182	189	194
Normalized NOPAT Margin	35.00%	33.77%	32.84%	30.62%	19.97%	14.43%	23.29%	-5.19%	32.17%	32.62%	33.96%
Pre Tax Income Margin	45.11%	43.05%	42.33%	39.05%	22.57%	18.49%	29.94%	-7.21%	40.30%	41.06%	44.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.58	1.70	1.10	0.73	0.36	0.26	0.44	-0.06	0.62	0.69	0.81
NOPAT to Interest Expense	2.77	1.34	0.86	0.57	0.28	0.20	0.34	-0.04	0.49	0.55	0.62
EBIT Less CapEx to Interest Expense	3.44	1.64	1.07	0.71	0.34	0.22	0.39	-0.09	0.57	0.66	0.78
NOPAT Less CapEx to Interest Expense	2.63	1.29	0.83	0.55	0.26	0.17	0.29	-0.07	0.45	0.52	0.60
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.29%	30.26%	29.27%	30.19%	36.03%	46.48%	55.96%	94.85%	72.46%	54.40%	47.32%
Augmented Payout Ratio	36.38%	31.97%	29.69%	30.19%	36.03%	46.48%	62.43%	139.05%	134.36%	111.20%	113.32%

Key Financial Trends

Synovus Financial (NYSE: SNV) has demonstrated consistent profitability over the last four years, with net income increasing steadily and solid earnings per share (EPS) growth.

Key Positive Trends:

Consistent net income growth: From $197 million in Q1 2022 to $184 million in Q1 2025 attributable to common shareholders, showing strong earnings stability.
Strong net interest income: Maintained robust net interest income above $400 million in each recent quarter, indicating steady core banking operations.
Improved efficiency in non-interest income: Growth in trust fees and service charges contributing to stable non-interest income over time.
Declining provision for credit losses recently: Provision dropped from $53.98 million in Q1 2024 to $10.92 million in Q1 2025, signaling better credit risk management.
Substantial net cash from operating activities: Operating cash flow remained positive and strong, e.g., $51.9 million in Q1 2025, supporting operational liquidity.
Equity position strengthened: Total equity increased steadily from about $4.2 billion in Q1 2022 to over $5.4 billion in Q1 2025, aiding capital adequacy.
Effective share repurchase strategy: The company has been actively repurchasing common equity, e.g., $120.8 million repurchased in Q1 2025, enhancing shareholder value.
Stable dividends per share: Dividends consistently around $0.38 to $0.39 per quarter, indicating reliable returns to shareholders.

Neutral Observations:

Loans and leases portfolio remains large and steady, around $42-44 billion over recent periods, suggesting stable lending activity.
Total assets fluctuated moderately around $59-60 billion in recent quarters, no significant growth or contraction.

Potential Concerns / Negative Trends:

Declining total revenue in Q1 2025 ($570.9 million) compared to Q4 2024 ($580.6 million), primarily from lower investment income and other non-interest income.
Rising interest expense: Total interest expense increased from $153 million in Q4 2022 to over $312 million in Q1 2025, potentially squeezing net interest margins.
Significant increase in deposits interest expense: Increased considerably in latest quarters (e.g. $282 million in Q1 2025 vs. $108 million in Q4 2022), reflecting higher funding costs.
Fluctuation in other operating expenses: Notable variability in other operating expenses (e.g., $53.3 million in Q1 2025 vs. $105 million in Q4 2023), which could impact operating efficiency.
Negative net income in Q2 2024 (-$14.7 million), due to large unrealized capital losses and provision anomalies, indicating sensitivity to market and credit risk cycles.

Summary: Synovus Financial remains profitable with solid net income growth, stable dividend payouts, and manageable expenses in core banking operations. The reduction in credit loss provisions and consistent operating cash flows bolster the financial health of the company. However, rising interest expenses and variability in market-sensitive income and operating costs present some areas to watch. Investors should consider the company's strong capitalization and shareholder return strategies in the context of these factors.

09/16/25 01:24 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Synovus Financial's Financials

When does Synovus Financial's financial year end?

According to the most recent income statement we have on file, Synovus Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Synovus Financial's net income changed over the last 9 years?

Synovus Financial's net income appears to be on an upward trend, with a most recent value of $479.45 million in 2024, rising from $226.08 million in 2015. The previous period was $542.14 million in 2023. Check out Synovus Financial's forecast to explore projected trends and price targets.

How has Synovus Financial's revenue changed over the last 9 years?

Over the last 9 years, Synovus Financial's total revenue changed from $1.10 billion in 2015 to $1.99 billion in 2024, a change of 81.6%.

How much debt does Synovus Financial have?

Synovus Financial's total liabilities were at $54.97 billion at the end of 2024, a 0.6% increase from 2023, and a 113.1% increase since 2015.

How much cash does Synovus Financial have?

In the past 9 years, Synovus Financial's cash and equivalents has ranged from $367.09 million in 2015 to $2.98 billion in 2024, and is currently $2.98 billion as of their latest financial filing in 2024.

How has Synovus Financial's book value per share changed over the last 9 years?

Over the last 9 years, Synovus Financial's book value per share changed from 22.01 in 2015 to 33.23 in 2024, a change of 51.0%.

Related Companies

This page (NYSE:SNV) was last updated on 9/16/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Synovus Financial (SNV) Financials

Key Financial Trends

Financials Breakdown Chart

Frequently Asked Questions About Synovus Financial's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Synovus Financial (SNV) Financials

Annual Income Statements for Synovus Financial

Quarterly Income Statements for Synovus Financial

Annual Cash Flow Statements for Synovus Financial

Quarterly Cash Flow Statements for Synovus Financial

Annual Balance Sheets for Synovus Financial

Quarterly Balance Sheets for Synovus Financial

Annual Metrics And Ratios for Synovus Financial

Quarterly Metrics And Ratios for Synovus Financial

Key Financial Trends

Financials Breakdown Chart

Frequently Asked Questions About Synovus Financial's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools