Synovus Financial Corp Quarterly Income Statements Chart
Quarterly
|
Annual
Synovus Financial Corp Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 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 | 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 | 93,720,000 | 93,352,000 | 91,038,000 | 87,643,000 | 78,891,000 | ||||||||||||||||||||||||||
| loans held for sale | 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 | 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 | 3,102,000 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 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 | 4,435,000 | 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 | 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 | 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 | -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 | 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 | 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 | 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 | 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 | 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 | 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 | 7,534,000 | 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 | 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 | |||||||||||||
| other operating expense | 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 | 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 | 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 benefit | 57,631,000 | -7,378,000 | |||||||||||||||||||||||||||||
| net income | 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 | -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 | 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 | -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. | 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 | 11,395,000 | 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 | 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 | 1,490 | 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 | 1,480 | 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 | 138,891,000 | 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 | 139,502,000 | 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 expense | 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 | |||||
| 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 | |||||||||||||||||||||||||||
| merger-related expense | -913,000 | 353,000 | 7,401,000 | 49,738,000 | 3,381,000 | 6,684,000 | |||||||||||||||||||||||||
| 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 |
We provide you with 20 years income statements for Synovus Financial Corp stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Synovus Financial Corp stock. Explore the full financial landscape of Synovus Financial Corp stock with our expertly curated income statements.
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