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.
Columbus, US
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 Metrics

Synovus Financial Corporation Financial Metrics

Revenue (2016)

$1.3 b

Revenue growth (2015-16), %


Gross profit

$1.2 b

Gross profit margin (2016), %


Net income (2016)

$246.8 m

Market capitalization (17-Mar-2017)

$5.1 b

Closing share price (17-Mar-2017)


Cash (31-Dec-2016)

$395.2 m
Synovus Financial Corporation's current market capitalization is $5.1 b.
Synovus Financial Corporation's revenue was reported to be $1.3 b in 2016
FY, 2013FY, 2014FY, 2015Y, 2016


$929 m$928.7 m$946 m$1.3 b

Revenue growth, %


Cost of goods sold

$118.8 m$109.4 m$118.6 m$123.6 m

Gross profit

$810.2 m$819.3 m$827.3 m$1.2 b

Gross profit Margin, %


Operating expense total

$741.5 m$745 m$717.7 m$755.9 m


$740.6 m$785.5 m$808.3 m$871.2 m

EBIT margin, %


Interest income

$810.2 m$819.3 m$827.3 m$899.2 m

Pre tax profit

$252.6 m$302.6 m$358.6 m$388.5 m

Income tax expense

$93.2 m$107.3 m$132.5 m($141.7 m)

Net Income

$159.4 m$195.2 m$226.1 m$246.8 m
FY, 2013FY, 2014FY, 2015FY, 2016


$469.6 m$485.5 m$367.1 m$395.2 m

Accounts Receivable



$468.9 m$455.2 m$445.2 m$417.5 m


$24.4 m$24.4 m$24.4 m$59.7 m

Total Assets

$26.2 b$27.1 b$28.8 b$30.1 b

Accounts Payable

Preferred Stock

Additional Paid-in Capital

$2.1 b$3 b$3 b$3 b

Retained Earnings

($137.5 m)$14.9 m$175 m$351.8 m

Total Equity

$2.9 b$3 b$2.9 b

Financial Leverage

8.9 x9.6 x10.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$159.4 m$195.2 m$226.1 m$246.8 m

Accounts Receivable


Accounts Payable

Cash From Operating Activities

$604.5 m$386.9 m$447.5 m$467.8 m

Cash From Investing Activities

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

Interest Paid

$121.3 m$109.5 m$115.8 m$123.6 m

Synovus Financial Corporation Market Value History

Synovus Financial Corporation Online Presence

Synovus Financial Corporation Company Life

You may also be interested in