Synovus Financial Corporation

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $29 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 257 branches, and 335 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Bank was named one of America's Most Reputable Banks by American Banker and the Reputation Institute in 2015.
Type
Public
HQ
Columbus, US
Founded
1888
Size (employees)
4,436 (est)
Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, US

Synovus Financial Corporation Office Locations

Synovus Financial Corporation has an office in Columbus
Columbus, US (HQ)
500 1111 Bay Ave

Synovus Financial Corporation Data and Metrics

Synovus Financial Corporation Financial Metrics

Synovus Financial Corporation's revenue was reported to be $1.3 b in 2016
Numbers are in $, USD

Revenue (Y, 2016)

1.3 b

Revenue growth (Y, 2015 - Y, 2016), %

37%

Gross profit (Y, 2016)

1.2 b

Gross profit margin (Y, 2016), %

90%

Net income (Y, 2016)

246.8 m

EBIT (Y, 2016)

871.2 m

Market capitalization (25-May-2017)

5.1 b

Closing share price (25-May-2017)

41.8

Cash (31-Dec-2016)

395.2 m
Synovus Financial Corporation's current market capitalization is $5.1 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

929 m928.7 m946 m1.3 b

Revenue growth, %

(0%)2%37%

Cost of goods sold

118.8 m109.4 m118.6 m123.6 m

Gross profit

810.2 m819.3 m827.3 m1.2 b

Gross profit Margin, %

87%88%87%90%

Operating expense total

741.5 m745 m717.7 m755.9 m

EBIT

740.6 m785.5 m808.3 m871.2 m

EBIT margin, %

80%85%85%67%

Interest income

810.2 m819.3 m827.3 m899.2 m

Pre tax profit

252.6 m302.6 m358.6 m388.5 m

Income tax expense

93.2 m107.3 m132.5 m(141.7 m)

Net Income

159.4 m195.2 m226.1 m246.8 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

469.6 m485.5 m367.1 m395.2 m

Accounts Receivable

Inventories

PP&E

468.9 m455.2 m445.2 m417.5 m

Goodwill

24.4 m24.4 m24.4 m59.7 m

Total Assets

26.2 b27.1 b28.8 b30.1 b

Accounts Payable

Preferred Stock

Additional Paid-in Capital

2.1 b3 b3 b3 b

Retained Earnings

(137.5 m)14.9 m175 m351.8 m

Total Equity

2.9 b3 b2.9 b

Financial Leverage

8.9 x9.6 x10.3 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

159.4 m195.2 m226.1 m246.8 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

604.5 m386.9 m447.5 m467.8 m

Cash From Investing Activities

(27.6 m)(1.2 b)(2.1 b)(1.1 b)

Cash From Financing Activities

(721.9 m)795.7 m1.5 b665.9 m

Interest Paid

121.3 m109.5 m115.8 m123.6 m
Numbers are in $, USDY, 2016

Revenue/Employee

291.1 k

Financial Leverage

10.3 x

Synovus Financial Corporation Market Value History

Synovus Financial Corporation Online and Social Media Presence

Synovus Financial Corporation Company Life and Culture

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