- US-listed companies
- SYNOVUS FINANCIAL CORP
SYNOVUS FINANCIAL CORPSNV
Market cap
$6.3B
P/E ratio
11.5x
Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
Loans, including fees | - | - | - | - | - | - | - | - | - | 1,817 | 1,600 | 1,483 | 1,806 | 2,685 |
Investment securities available for sale | - | - | - | - | - | - | - | - | - | 209 | 179 | 140 | 210 | 248 |
Loans held for sale | - | - | - | - | - | - | - | - | - | - | 15 | 24 | 34 | 30 |
Federal Reserve Bank balances | 8 | 7 | 3 | 3 | - | - | - | - | - | 10 | 3 | 4 | 18 | 68 |
Other earning assets | - | - | - | - | - | - | - | - | - | - | 8 | 3 | 8 | 19 |
Total interest income | 1,321 | 1,142 | 1,004 | 929 | 929 | 946 | 1,023 | 1,162 | 1,344 | 2,051 | 1,804 | 1,653 | 2,076 | 3,050 |
Deposits | 288 | 174 | 96 | 64 | 55 | 66 | 64 | 81 | 144 | 357 | 218 | 75 | 187 | 1,027 |
Long-term debt | 44 | 43 | 54 | 54 | 54 | 53 | 59 | 58 | 48 | 72 | 66 | 45 | 79 | 181 |
Interest Expense, Short-Term Borrowings | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 26 | 8 | 0 | 12 | 26 |
Total interest expense | 334 | 218 | 150 | 119 | 109 | 119 | 124 | 139 | 196 | 455 | 292 | 120 | 279 | 1,234 |
Net interest income | 986 | 924 | 854 | 810 | 819 | 827 | 899 | 1,023 | 1,148 | 1,596 | 1,513 | 1,533 | 1,797 | 1,817 |
Provision for (reversal of) credit losses | - | - | - | - | - | - | - | - | - | - | 355 | -106 | 85 | - |
Provision for (reversal of) credit losses | - | - | - | - | - | - | - | - | - | - | - | - | - | 189 |
Net interest income after provision for credit losses | -145 | 505 | 534 | 741 | 785 | 808 | 871 | 956 | 1,097 | 1,508 | 1,158 | 1,639 | 1,712 | 1,628 |
Service charges on deposit accounts | - | - | - | - | - | - | - | - | - | 88 | 73 | 86 | 93 | - |
Service charges on deposit accounts | - | - | - | - | - | - | - | - | - | - | - | - | - | 90 |
Fiduciary and asset management fees | - | - | - | - | - | - | - | - | - | 58 | 63 | 77 | 78 | - |
Fiduciary and asset management fees | - | - | - | - | - | - | - | - | - | - | - | - | - | 78 |
Card fees | - | - | - | - | - | - | - | - | - | 46 | 43 | 51 | 62 | - |
Card fees | - | - | - | - | - | - | - | - | - | - | - | - | - | 72 |
Brokerage revenue | - | 26 | 27 | 28 | 27 | 28 | 27 | 30 | - | 42 | 45 | 56 | 67 | 83 |
Mortgage banking income | - | - | - | - | - | - | - | - | - | 33 | 91 | 54 | 17 | 15 |
Swap Fee Income | - | - | - | - | - | - | - | - | - | 31 | 27 | 26 | 27 | 32 |
Bank Owned Life Insurance Income | - | - | - | - | - | - | - | - | 15 | 21 | 31 | 38 | 30 | 31 |
Debt and Equity Securities, Gain (Loss) | - | - | - | - | - | - | - | - | -1 | -8 | 79 | -1 | - | -77 |
Noninterest Income, Other | 26 | 33 | 31 | 29 | 34 | 33 | 34 | 39 | 12 | 45 | 54 | 61 | 35 | 65 |
Recovery of NPA | - | - | - | - | - | - | - | - | - | - | - | - | - | 13 |
Total non-interest revenue | 305 | 339 | 314 | 254 | 262 | 268 | 273 | 345 | 280 | 356 | 507 | 450 | 409 | 404 |
Noninterest Income, Other | 26 | 33 | 31 | 29 | 34 | 33 | 34 | 39 | 12 | 45 | 54 | 61 | 35 | 65 |
Total non-interest revenue | 305 | 339 | 314 | 254 | 262 | 268 | 273 | 345 | 280 | 356 | 507 | 450 | 409 | 404 |
Labor and Related Expense | 419 | 371 | 376 | 368 | 372 | 381 | 402 | 433 | 453 | 570 | 618 | 649 | 682 | 728 |
Occupancy, Net | 122 | 114 | 106 | 103 | 106 | 107 | 109 | 120 | 130 | 162 | 170 | 169 | 175 | 180 |
Third-party processing and other services | 45 | 36 | 33 | 40 | 40 | 43 | 46 | 55 | 59 | 76 | 83 | 87 | 89 | 87 |
Professional fees | 46 | 41 | 41 | 39 | 26 | 27 | 27 | 26 | 27 | 35 | 57 | 33 | 37 | 40 |
FDIC insurance and other regulatory fees | 69 | 59 | 45 | 33 | - | - | - | - | - | 32 | 25 | 22 | 29 | 95 |
Goodwill impairment | - | - | - | - | - | - | - | - | - | - | 45 | - | - | - |
Restructuring Charges | 6 | 31 | 5 | 11 | 21 | 0 | 8 | 7 | - | - | 27 | 7 | -10 | 18 |
Restructuring Charges | 6 | 31 | 5 | 11 | 21 | 0 | 8 | 7 | - | - | 27 | 7 | -10 | 18 |
Loss on other loans held for sale | - | - | - | - | - | - | - | - | - | - | - | - | - | -50 |
Other operating expense | 143 | 115 | 108 | 112 | 92 | 91 | 91 | 89 | 91 | 142 | 140 | 132 | 156 | 138 |
Non-interest expense | 1,010 | 904 | 816 | 742 | 745 | 718 | 756 | 821 | 829 | 1,099 | 1,180 | 1,100 | 1,158 | 1,335 |
Income before income taxes | -849 | -60 | 31 | 253 | 303 | 359 | 388 | 480 | 547 | 765 | 485 | 989 | 964 | 696 |
Income tax expense | -15 | - | - | 93 | 107 | 132 | 142 | 205 | 119 | 201 | 111 | 229 | 206 | 154 |
Net income attributable to Synovus Financial Corp. | -791 | -61 | 830 | 159 | 195 | 226 | 247 | 275 | 428 | 564 | 374 | 760 | 758 | 544 |
Net income | -791 | -61 | 830 | 159 | 195 | 226 | 247 | 275 | 428 | - | - | - | - | 542 |
Less: Preferred stock dividends | 58 | 58 | 59 | 41 | 10 | 10 | 10 | 10 | 18 | 23 | 33 | 33 | 33 | - |
Net Income (Loss) Attributable to Noncontrolling Interest | -0 | -0 | - | - | - | - | - | - | - | - | - | - | - | -2 |
Net income available to common shareholders | -848 | -119 | 772 | 119 | 185 | 216 | 237 | 265 | 410 | 541 | 341 | 727 | 725 | 508 |
Net income attributable to Synovus Financial Corp. | -791 | -61 | 830 | 159 | 195 | 226 | 247 | 275 | 428 | 564 | 374 | 760 | 758 | 544 |
Earnings Per Share, Basic | -1.24 | - | 0.98 | 0.13 | 1.34 | 1.63 | 1.9 | 2.19 | 3.49 | 3.5 | 2.31 | 4.95 | 4.99 | 3.48 |
Less: Preferred stock dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | 36 |
Earnings Per Share, Diluted | -1.24 | - | 0.85 | 0.13 | 1.33 | 1.62 | 1.89 | 2.17 | 3.47 | 3.47 | 2.3 | 4.9 | 4.95 | 3.46 |
Net income available to common shareholders | -848 | -119 | 772 | 119 | 185 | 216 | 237 | 265 | 410 | 541 | 341 | 727 | 725 | 508 |
Earnings Per Share, Basic | -1.24 | - | 0.98 | 0.13 | 1.34 | 1.63 | 1.9 | 2.19 | 3.49 | 3.5 | 2.31 | 4.95 | 4.99 | 3.48 |
Earnings Per Share, Diluted | -1.24 | - | 0.85 | 0.13 | 1.33 | 1.62 | 1.89 | 2.17 | 3.47 | 3.47 | 2.3 | 4.9 | 4.95 | 3.46 |