For the quarter ending 2025-09-30.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans, including fees | 680,441 | 657,811 | ||
| Investment securities | 91,440 | 93,720 | ||
| Loans held for sale | 1,138 | 1,098 | ||
| Federal reserve bank balances | 19,006 | 15,911 | ||
| Other earning assets | 3,094 | 3,102 | ||
| Total interest income | 795,119 | 771,642 | ||
| Deposits | 281,523 | 278,309 | ||
| Long-term debt | 38,668 | 33,586 | ||
| Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings | 233 | 186 | ||
| Total interest expense | 320,424 | 312,081 | ||
| Net interest income | 474,695 | 459,561 | ||
| Provision for (reversal of) credit losses | 21,690 | 3,245 | ||
| Net interest income after provision for (reversal of) credit losses | 453,005 | 456,316 | ||
| Service charges on deposit accounts | 26,303 | 25,258 | ||
| Fiduciary and asset management fees | 21,039 | 20,332 | ||
| Card fees | 19,894 | 20,132 | ||
| Brokerage revenue | 21,673 | 20,748 | ||
| Mortgage banking income | 4,374 | 4,435 | ||
| Capital markets income | 13,944 | 12,960 | ||
| Income from bank-owned life insurance | 9,628 | 10,279 | ||
| Investment securities gains (losses), net | 1,742 | 0 | ||
| Other non-interest revenue | 22,100 | 19,991 | ||
| Total non-interest revenue | 140,697 | 134,135 | ||
| Salaries and other personnel expense | 197,313 | 192,182 | ||
| Net occupancy, equipment, and software expense | 49,089 | 48,589 | ||
| Third-party processing and other services | 22,306 | 23,535 | ||
| Professional fees | 13,307 | 10,197 | ||
| Fdic insurance and other regulatory fees | 7,042 | 7,534 | ||
| Restructuring charges (reversals) | -747 | 72 | ||
| Merger-related expense | 23,757 | - | ||
| Other operating expense | 36,662 | 33,592 | ||
| Total non-interest expense | 348,729 | 315,701 | ||
| Income before income taxes | 244,973 | 274,750 | ||
| Income tax expense | 48,468 | 57,631 | ||
| Net income | 196,505 | 217,119 | ||
| Less net income (loss) attributable to noncontrolling interest | -489 | -596 | ||
| Net income attributable to synovus financial corp | 196,994 | 217,715 | ||
| Less preferred stock dividends | 11,404 | 11,395 | ||
| Net income available to common shareholders | 185,590 | 206,320 | ||
| Basic EPS | 1.34 | 1.49 | ||
| Diluted EPS | 1.33 | 1.48 | ||
| Basic Average Shares | 138,803,000 | 138,891,000 | ||
| Diluted Average Shares | 139,612,000 | 139,502,000 | ||
SYNOVUS FINANCIAL CORP (SNV)
SYNOVUS FINANCIAL CORP (SNV)