Synovus Financial Corp. (SNV) — Financial statements
Income statement, balance sheet, and cash flow for Synovus Financial Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,424↑1.2% | 3,385↑36.6% | 2,479↑17.9% | 2,103↓9.0% | 2,311 | |
| Cost of Revenue | 1,581↑12.1% | 1,410↑287.9% | 363↑2469.4% | 14↓97.8% | 647 | |
| Gross Profit | 1,844↓6.7% | 1,976↓6.6% | 2,116↑1.3% | 2,089↑25.5% | 1,664 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 783↓4.8% | 823↑15.8% | 711↑5.8% | 672↑4.4% | 643 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 783↓4.8% | 823↑15.8% | 711↑5.8% | 672↑4.4% | 643 | |
| Other Expenses | 455↓0.2% | 456↑3.6% | 441↑2.9% | 428↓20.1% | 536 | |
| Operating Expenses | 1,239↓3.2% | 1,280↑11.1% | 1,152↑4.7% | 1,100↓6.8% | 1,180 | |
| Total Costs & Expenses | 2,820↑4.8% | 2,689↑77.5% | 1,515↑36.0% | 1,114↓39.0% | 1,826 | |
| Operating Results | ||||||
| Operating Income | 605↓13.1% | 696↓27.8% | 964↓2.5% | 989↑104.1% | 485 | |
| Depreciation & Amortization | 60↓35.4% | 93↑35.1% | 69↓39.1% | 114↑63.1% | 70 | |
| EBITDA | 665↓15.7% | 790↓23.6% | 1,033↓6.3% | 1,103↑99.0% | 554 | |
| EBIT | 605↓13.1% | 696↓27.8% | 964↓2.5% | 989↑104.1% | 485 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,750↓3.7% | 1,817↑1.1% | 1,797↑17.2% | 1,533↑1.3% | 1,513 | |
| Interest Income | 3,194↑4.7% | 3,050↑46.9% | 2,076↑25.6% | 1,653↓8.4% | 1,804 | |
| Interest Expense | 1,444↑17.0% | 1,234↑342.4% | 279↑131.6% | 120↓58.7% | 292 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 605↓13.1% | 696↓27.8% | 964↓2.5% | 989↑104.1% | 485 | |
| Income Tax Expense | 126↓18.5% | 154↓25.3% | 206↓9.9% | 229↑106.3% | 111 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 479↓11.6% | 542↓28.5% | 758↓0.3% | 760↑103.5% | 374 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 482↓11.3% | 544↓28.3% | 758↓0.3% | 760↑103.5% | 374 | |
| Bottom-Line Net Income | 440↓13.4% | 508↓29.9% | 725↓0.4% | 727↑113.6% | 341 | |
| EPS (Basic) | 3.05↓12.4% | 3.48↓30.3% | 4.99↑0.8% | 4.95↑114.3% | 2.31 | |
| EPS (Diluted) | 3.03↓12.4% | 3.46↓30.1% | 4.95↑1.0% | 4.90↑113.0% | 2.30 | |
| Weighted Average Shares | 144↓1.3% | 146↑0.5% | 145↓1.1% | 147↓0.3% | 147 | |
| Weighted Average Diluted Shares | 145↓1.2% | 147↑0.2% | 146↓1.4% | 148↑0.2% | 148 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.