7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2013-12-31 2012-12-31 2012-09-30 
      
    		                                
      interest income:
    		                                
      loans, including fees
    		680,441,000 657,811,000 648,252,000 675,836,000 700,657,000 701,570,000 691,715,000 698,881,000 686,094,000 670,230,000 629,557,000 575,213,000 478,448,000 391,307,000 361,091,000 369,465,000 369,323,000 371,288,000 372,491,000 386,853,000 384,275,000 401,997,000 427,337,000 448,516,000 463,437,000 457,564,000 447,769,000 326,613,000 314,639,000  224,019,000 229,814,000 
      investment securities
    		91,440,000 93,720,000 93,352,000 91,038,000 87,643,000 78,891,000                           
      loans held for sale
    		1,138,000 1,098,000 757,000 924,000 1,045,000 1,132,000 578,000 800,000 17,914,000 5,801,000 5,577,000 7,239,000 12,017,000 8,600,000 6,182,000 5,198,000 5,540,000 6,609,000 6,462,000 6,031,000 6,341,000 1,914,000           
      federal reserve bank balances
    		19,006,000 15,911,000 21,266,000 27,845,000 17,416,000 15,630,000 15,031,000 18,578,000 15,483,000 17,410,000 16,818,000 10,152,000 5,584,000 1,593,000 788,000 1,180,000 1,214,000 709,000 673,000 652,000 285,000 394,000 1,508,000 1,725,000 2,288,000 2,701,000 3,671,000 3,212,000 2,376,000  754,000 688,000 
      other earning assets
    		3,094,000 3,102,000 3,138,000 3,487,000 3,746,000 4,019,000 3,480,000 4,862,000 4,906,000 5,281,000 3,873,000 3,210,000 1,700,000 1,960,000 752,000 990,000 551,000 839,000 733,000 1,152,000 1,453,000 2,329,000 2,607,000 2,568,000 2,951,000 2,320,000 3,070,000 2,181,000 2,185,000  164,000 116,000 
      total interest income
    		795,119,000 771,642,000 766,765,000 799,130,000 810,507,000 801,242,000 782,710,000 788,297,000 786,039,000 759,143,000 716,879,000 654,654,000 551,299,000 453,772,000 416,062,000 418,279,000 412,504,000 412,743,000 409,817,000 433,479,000 435,550,000 451,569,000 483,897,000 506,253,000 523,415,000 516,131,000 504,839,000 357,394,000 343,942,000  240,000,000 247,676,000 
      interest expense:
    		                                
      deposits
    		281,523,000 278,309,000 282,325,000 316,198,000 345,314,000 335,754,000 332,666,000 318,981,000 292,060,000 241,780,000 173,935,000 108,155,000 46,917,000 18,501,000 13,659,000 14,444,000 16,086,000 19,371,000 25,018,000 32,107,000 43,194,000 56,474,000 86,002,000 82,483,000 94,082,000 92,700,000 87,684,000 45,676,000 39,219,000  18,220,000 21,144,000 
      long-term debt
    		38,668,000 33,586,000 29,848,000 27,616,000 24,055,000 28,390,000 29,595,000 31,702,000 50,524,000 55,915,000 42,529,000 38,333,000 22,156,000 8,769,000 10,144,000 11,498,000 11,465,000 11,478,000 10,908,000 15,408,000 15,190,000 16,751,000 18,703,000 16,916,000 19,393,000 18,875,000 16,517,000 12,976,000 12,164,000  14,215,000 14,032,000 
      federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings
    		233,000 186,000 208,000             26,000 36,000 34,000 34,000 32,000 176,000 1,778,000 5,932,000 7,586,000 7,843,000 7,294,000 3,463,000 809,000 940,000    
      total interest expense
    		320,424,000 312,081,000 312,381,000 344,136,000 369,767,000 366,244,000 363,864,000 351,084,000 342,880,000 303,612,000 236,128,000 153,309,000 73,380,000 28,384,000 23,814,000 25,966,000 27,587,000 30,883,000 35,960,000 47,547,000 58,560,000 75,003,000 110,637,000 106,985,000 121,318,000 118,869,000 107,664,000 59,461,000 52,323,000  32,544,000 35,331,000 
      net interest income
    		474,695,000 459,561,000 454,384,000 454,994,000 440,740,000 434,998,000 418,846,000 437,213,000 443,159,000 455,531,000 480,751,000 501,345,000 477,919,000 425,388,000 392,248,000 392,313,000 384,917,000 381,860,000 373,857,000 385,932,000 376,990,000 376,566,000 373,260,000 399,268,000 402,097,000 397,262,000 397,175,000 297,933,000 291,619,000  207,456,000 212,345,000 
      benefit from (reversal of) credit losses
    		21,690,000 3,245,000 10,921,000 32,867,000 23,434,000 26,404,000 53,980,000 45,472,000 72,572,000 38,881,000 32,154,000 34,884,000 25,581,000 12,688,000 11,400,000                  
      net interest income after benefit from (reversal of) credit losses
    		453,005,000 456,316,000 443,463,000 297,691,250 417,306,000 408,594,000 364,866,000 308,958,750 370,587,000 416,650,000 448,597,000 311,471,500 452,338,000 412,700,000 380,848,000                  
      non-interest revenue:
    		                                
      service charges on deposit accounts
    		26,303,000 25,258,000 23,114,000 23,244,000 23,683,000 22,907,000 21,813,000 22,260,000 21,385,000 23,477,000 22,974,000 23,639,000 23,398,000 23,491,000 22,539,000 22,221,000 22,641,000 21,414,000 20,033,000 19,063,000 17,813,000 15,567,000 20,689,000 22,385,000 22,952,000 21,994,000 20,859,000 20,319,000 20,582,000  20,884,000 20,404,000 
      fiduciary and asset management fees
    		21,039,000 20,332,000 19,917,000 21,373,000 19,714,000 19,728,000 19,013,000 18,149,000 20,205,000 20,027,000 19,696,000 18,837,000 19,201,000 20,100,000 20,277,000 20,602,000 19,786,000 18,805,000 17,954,000 17,242,000 15,885,000 14,950,000 15,174,000 15,645,000 14,686,000 14,478,000 13,578,000 13,804,000 13,462,000  10,537,000 10,340,000 
      card fees
    		19,894,000 20,132,000 21,227,000 19,577,000 18,439,000 19,418,000 19,486,000 20,872,000 18,602,000 17,059,000 15,824,000 15,887,000 15,101,000 16,089,000 14,756,000 12,861,000 13,238,000 13,304,000 11,996,000 11,743,000 10,823,000 9,186,000 10,950,000 11,325,000 12,297,000 11,161,000 10,877,000 10,863,000 10,608,000    
      brokerage revenue
    		21,673,000 20,748,000 20,359,000 20,907,000 20,810,000 20,457,000 22,707,000 19,728,000 20,237,000 20,908,000 22,558,000 19,996,000 17,140,000 15,243,000 14,655,000 14,795,000 14,745,000 13,926,000 12,974,000 11,794,000 10,604,000 9,984,000 12,398,000 11,106,000 11,071,000 10,052,000 9,406,000 9,643,000 9,329,000  7,127,000 6,844,000 
      mortgage banking income
    		4,374,000 4,435,000 3,338,000 2,665,000 4,033,000 3,944,000 3,418,000 3,019,000 3,671,000 4,609,000 3,858,000 2,554,000 5,065,000 3,904,000 5,953,000 7,059,000 11,155,000 13,842,000 22,315,000 24,426,000 31,229,000 23,530,000 12,227,000 9,286,000 10,351,000 7,907,000 5,054,000 3,781,000 5,290,000  9,025,000 9,261,000 
      capital markets income
    		13,944,000 12,960,000 6,941,000 12,070,000 10,284,000 15,077,000 6,627,000 5,104,000 6,377,000 6,975,000 13,725,000 6,998,000 6,839,000 7,393,000 5,472,000 7,189,000 8,089,000 3,335,000 7,505,000 4,352,000 5,690,000 6,050,000 11,243,000 8,972,000 7,396,000 8,385,000       
      income from bank-owned life insurance
    		9,628,000 10,279,000 8,084,000 10,543,000 8,442,000 8,097,000 7,347,000 10,323,000 6,965,000 6,878,000 7,262,000 7,206,000 6,792,000 9,165,000 6,556,000 15,168,000 6,820,000 7,188,000 8,843,000 9,725,000 7,778,000 7,756,000 6,038,000 5,621,000 5,139,000 5,176,000 5,290,000 3,683,000 3,771,000    
      investment securities gains
    		1,742,000     -256,660,000  -77,748,000   1,030,000     229,000 962,000  -1,990,000 2,337,000 -1,550,000 69,409,000 8,734,000    75,000    8,233,000 6,656,000 
      other non-interest revenue
    		22,100,000 19,991,000 13,486,000 15,208,000 18,575,000 18,181,000 18,477,000 29,762,000 9,697,000 12,343,000 13,073,000 7,322,000 10,762,000 1,881,000 15,126,000 16,945,000 17,519,000 15,273,000 11,326,000 14,079,000 16,139,000 17,052,000 6,404,000          
      total non-interest revenue
    		140,697,000 134,135,000 116,466,000 125,587,000 123,980,000 -128,851,000 118,888,000 51,469,000 107,139,000 112,276,000 133,126,000 102,439,000 104,298,000 97,266,000 105,334,000 117,069,000 114,955,000 107,087,000 110,956,000 114,761,000 114,411,000 173,484,000 103,857,000          
      non-interest expense:
    		                                
      salaries and other personnel expense
    		197,313,000 192,182,000 185,510,000 184,725,000 184,814,000 179,407,000 188,521,000 176,711,000 179,741,000 183,001,000 188,924,000 182,629,000 173,334,000 161,063,000 164,684,000 167,018,000 160,364,000 160,567,000 161,477,000 153,946,000 154,994,000 159,597,000 149,678,000 145,084,000 142,516,000 143,009,000 139,427,000 113,496,000 114,341,000  94,900,000 93,177,000 
      net occupancy, equipment, and software expense
    		49,089,000 48,589,000 48,652,000 47,251,000 46,977,000 46,415,000 46,808,000 48,146,000 45,790,000 42,785,000 42,860,000 45,192,000 43,462,000 43,199,000 42,877,000 42,780,000 43,483,000 41,825,000 41,134,000 44,183,000 41,554,000 41,727,000           
      third-party processing and other services
    		22,306,000 23,535,000 21,874,000 22,158,000 21,552,000 21,783,000 20,258,000 21,717,000 21,439,000 21,659,000 21,833,000 23,131,000 22,539,000 21,952,000 20,996,000 22,791,000 19,446,000 24,419,000 20,032,000 19,568,000 20,620,000 21,366,000 21,480,000          
      professional fees
    		13,307,000 10,197,000 9,779,000 11,949,000 10,854,000 15,655,000 7,631,000 11,147,000 10,147,000 9,597,000 8,963,000 11,095,000 6,755,000 10,865,000 8,474,000 9,014,000 6,739,000 7,947,000 9,084,000 17,541,000 13,377,000 15,305,000 10,675,000 9,921,000 9,719,000 9,312,000 6,348,000 8,650,000 6,298,000  12,037,000 10,074,000 
      fdic insurance and other regulatory fees
    		7,042,000 7,534,000 8,544,000 8,227,000 7,382,000 6,493,000 23,819,000 61,471,000 11,837,000 11,162,000 10,268,000 8,232,000 7,707,000 6,894,000 6,250,000 6,017,000 5,212,000 5,547,000 5,579,000 6,288,000 6,793,000 6,851,000 5,278,000 9,824,000 7,242,000 7,867,000 6,761,000 4,729,000 6,430,000  8,237,000 9,205,000 
      restructuring charges
    		-747,000 72,000 -1,292,000 37,000 1,219,000 -658,000 1,524,000 1,231,000 17,319,000 -110,000 -733,000 -2,372,000 956,000 -1,850,000 -6,424,000             -47,750 21,000  1,968,000 1,192,000 
      merger-related expense
    		23,757,000                       -913,000 353,000 7,401,000 49,738,000 3,381,000 6,684,000    
      other operating expense
    		36,662,000 33,592,000 34,967,000 34,964,000 40,892,000 32,706,000 34,180,000 32,435,000 36,305,000 36,727,000 32,987,000 41,088,000 39,257,000 39,928,000 35,593,000                  
      total non-interest expense
    		348,729,000 315,701,000 308,034,000 309,311,000 313,690,000 301,801,000 322,741,000 352,858,000 353,532,000 307,181,000 321,852,000 308,995,000 294,010,000 282,051,000 272,450,000 295,207,000 267,032,000 270,531,000 267,134,000 302,498,000 316,655,000 284,141,000 276,279,000 266,121,000 276,310,000 264,126,000 292,410,000 209,924,000 220,297,000  213,347,000 191,492,000 
      income before income taxes
    		244,973,000 274,750,000 251,895,000 238,403,000 227,596,000 -22,058,000 161,013,000 90,352,000 124,194,000 221,745,000 259,871,000 259,905,000 262,626,000 227,915,000 213,732,000 269,385,000 240,708,000 243,014,000 236,254,000 187,129,000 131,363,000 124,058,000 42,116,000 206,632,000 186,985,000 210,824,000 160,574,000 143,852,000 128,008,000  25,944,250 30,514,000 
      income tax expense
    		48,468,000  57,023,000 49,026,000 46,912,000  36,943,000 20,779,000 27,729,000 47,801,000 57,712,000 54,135,000 59,582,000 49,863,000 42,695,000 68,983,000 53,935,000 56,814,000 49,161,000 36,720,000 39,789,000 30,866,000 3,595,000 54,948,000 51,259,000 54,640,000 40,388,000 38,783,000 18,949,000    
      net income
    		196,505,000 217,119,000 194,872,000 189,377,000 180,684,000 -14,680,000 124,070,000 69,573,000 96,465,000 173,944,000 202,159,000 205,770,000 203,044,000 178,052,000 171,037,000 200,402,000 186,773,000 186,200,000 187,093,000 150,409,000 91,574,000 93,192,000 38,521,000 151,684,000 135,726,000 156,184,000 120,186,000 105,069,000 109,059,000  724,039,000 30,725,000 
      yoy
    		8.76% -1579.01% 57.07% 172.20% 87.31% -108.44% -38.63% -66.19% -52.49% -2.31% 18.20% 2.68% 8.71% -4.38% -8.58% 33.24% 103.96% 99.80% 385.69% -0.84% -32.53% -40.33% -67.95% 44.37% 24.45%  -83.40% 241.97%     
      qoq
    		-9.49% 11.42% 2.90% 4.81% -1330.82% -111.83% 78.33% -27.88% -44.54% -13.96% -1.75% 1.34% 14.04% 4.10% -14.65% 7.30% 0.31% -0.48% 24.39% 64.25% -1.74% 141.93% -74.60% 11.76% -13.10% 29.95% 14.39% -3.66%   2256.51%  
      net income margin %
    		                                
      less: net income attributable to noncontrolling interest
    		-489,000 -596,000 -142,000 -1,049,000 -871,000 -652,000 -437,000 -768,000 -630,000 -166,000                       
      net income attributable to synovus financial corp.
    		196,994,000 217,715,000 195,014,000 190,426,000 181,555,000 -14,028,000 124,507,000 70,341,000 97,095,000 174,110,000                       
      less: preferred stock dividends
    		11,404,000 11,395,000 11,323,000 11,578,000 11,927,000 9,713,000 9,685,000 9,696,000 9,672,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000 8,291,000   3,150,000 3,150,000      
      net income available to common shareholders
    		185,590,000 206,320,000 183,691,000 178,848,000 169,628,000 -23,741,000 114,822,000 60,645,000 87,423,000 165,819,000 193,868,000 197,479,000 194,753,000 169,761,000 162,746,000 192,111,000 178,482,000 177,909,000 178,802,000 142,118,000 83,283,000 84,901,000 30,230,000 143,394,000 127,435,000 153,034,000 117,036,000 101,919,000 99,330,000  709,304,000 16,030,000 
      net income per common share, basic
    		1,340 1,490 1,310 1,250 1,190 -160 780 420 600 1,130 1,330 1,360 1,340 1,170 1,120 1,320 1,220 1,200 1,200 960 570 580 210 970 840 970 730 880 850    
      net income per common share, diluted
    		1,330 1,480 1,300 1,240 1,180 -160 780 410 600 1,130 1,320 1,350 1,330 1,160 1,110 1,310 1,210 1,190 1,190 960 560 570 200 960 830 960 720 870 840    
      weighted-average common shares outstanding, basic
    		138,803,000 138,891,000 140,684,000 144,164,000 143,144,000 145,565,000 146,430,000 146,115,000 146,170,000 146,113,000 145,799,000 145,364,000 145,386,000 145,328,000 145,273,000 147,041,000 146,308,000 148,113,000 148,467,000 147,415,000 147,314,000 147,288,000 147,311,000 154,331,000 152,238,000 157,389,000 160,927,000 117,644,000 117,241,000  786,466,000 786,576,000 
      weighted-average common shares outstanding, diluted
    		139,612,000 139,502,000 141,775,000 144,998,000 143,979,000 145,565,000 147,122,000 146,734,000 146,740,000 146,550,000 146,727,000 146,481,000 146,418,000 146,315,000 146,665,000 148,495,000 147,701,000 149,747,000 149,780,000 148,210,000 147,976,000 147,733,000 148,401,000 156,058,000 154,043,000 159,077,000 162,760,000 118,378,000 118,095,000  910,102,000 910,396,000 
      income tax benefit
    		 57,631,000    -7,378,000                           
      other borrowings
    		   1,025,250 398,000 2,100,000 1,603,000 6,469,250 296,000 5,917,000 19,664,000 1,358,000 4,307,000 1,114,000 11,000                  
      recovery of npa
    		          13,126,000                      
      loss on other loans held for sale
    		        30,954,000 2,360,000 16,750,000                      
      investment securities available for sale
    		      71,906,000 65,176,000 61,642,000 60,421,000 61,054,000 58,840,000 53,550,000 50,312,000 47,249,000 41,446,000 35,876,000 33,298,000 29,458,000 38,791,000 43,196,000 44,935,000 51,653,000 52,333,000 53,761,000 52,794,000 49,938,000 24,952,000 24,164,000  12,929,000 15,039,000 
      (reversal of) benefit from credit losses
    		               -12,760,250 -7,868,000 -24,598,000 -18,575,000              
      net interest income after (reversal of) benefit from credit losses
    		               297,918,750 392,785,000 406,458,000               
      goodwill impairment
    		                    44,877,000            
      other operating expenses
    		               22,960,250 31,788,000 30,226,000 29,828,000 19,594,000 34,440,000 39,295,000 42,222,000 54,052,000 33,035,000 29,235,000 25,469,000 22,485,000 23,878,000  25,310,000 25,979,000 
      net interest income after benefit from credit losses
    		                  392,432,000 374,866,000 333,607,000 234,715,000 214,538,000          
      benefit from credit losses
    		                   11,066,000 43,383,000 141,851,000 158,722,000          
      mortgage loans held for sale
    		                      792,000 1,111,000 978,000 752,000 391,000 436,000 578,000  1,941,000 1,764,000 
      net occupancy and equipment expense
    		                      42,194,000 42,644,000 41,017,000 39,851,000 38,394,000 34,260,000 32,088,000  26,063,000 26,647,000 
      advertising expense
    		                      4,752,000 4,375,000 5,950,000 5,923,000 5,123,000 6,835,000 3,735,000    
      benefit from loan losses
    		                       24,470,000 27,562,000 12,119,000 23,569,000 12,149,000 14,982,000  146,526,000 63,572,000 
      net interest income after benefit from loan losses
    		                       374,798,000 374,535,000 385,143,000 373,606,000 285,784,000 276,637,000  60,930,000 148,773,000 
      non-interest income:
    		                                
      investment securities losses
    		                       -2,157,000 -3,731,000 -1,845,000  -324,000     
      other non-interest income
    		                       15,772,000 8,599,000 12,499,000 9,461,000 312,000 4,116,000  6,158,000 7,530,000 
      total non-interest income
    		                       97,955,000 88,760,000 89,807,000 79,378,000 67,992,000 71,668,000  80,117,000 73,233,000 
      third-party processing expense
    		                       13,850,750 18,528,000 19,118,000 17,758,000 14,803,000 14,810,000    
      amortization of intangibles
    		                       2,175,500 2,901,000 2,410,000 3,392,000      
      earnout liability adjustments
    		                       2,614,250 10,457,000    11,652,000    
      loss on early extinguishment of debt
    		                        4,592,000        
      less: preferred stock dividends and redemption charge
    		                       8,290,000 8,291,000   3,150,000 9,729,000    
      swap fee income
    		                          4,778,000      
      cabela's transaction fee
    		                                
      other fee income
    		                           5,587,000 4,510,000  6,211,000 5,276,000 
      foreclosed real estate expense
    		                           1,094,000 360,000  34,978,000 11,997,000 
      trading account assets
    		                              193,000 255,000 
      federal funds purchased and securities sold under repurchase agreements
    		                              109,000 155,000 
      bankcard fees
    		                              10,137,000 7,866,000 
      increase in fair value of private equity investments
    		                              1,805,000 -944,000 
      losses (gains) on other loans held for sale
    		                              676,000 4,104,000 
      data processing expense
    		                              8,420,000 8,284,000 
      visa indemnification charges
    		                              758,000 833,000 
      income tax (benefit) expense
    		                              -796,339,000 -211,000 
      net income attributable to non-controlling interest
    		                                
      net income available to controlling interest
    		                              724,039,000 30,725,000 
      dividends and accretion of discount on preferred stock
    		                              10,992,000 14,695,000 
      earnings per common share:
    		                                
      net income available to common shareholders, basic
    		                              20 20 
      net income available to common shareholders, diluted
    		                              17.5 20 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.