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.
Company Growth (employees)
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 Financials and Metrics

Synovus Financial Corporation Financials

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

Revenue (Q2, 2017)

354.2 m

Gross profit (Q2, 2017)

319.8 m

Gross profit margin (Q2, 2017), %

90%

Net income (Q2, 2017)

76 m

EBIT (Q2, 2017)

240.8 m

Market capitalization (13-Nov-2017)

5.6 b

Cash (30-Jun-2017)

377.2 m

EV

7.3 b
Synovus Financial Corporation's current market capitalization is $5.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

302.5 m305.2 m312.5 m320.3 m324.7 m344.2 m354.2 m

Cost of goods sold

30 m30.3 m31.1 m30.9 m30.5 m32.5 m34.4 m

Gross profit

272.5 m274.8 m281.3 m289.3 m294.2 m311.8 m319.8 m

Gross profit Margin, %

90%90%90%90%91%91%90%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

469.6 m485.5 m367.1 m395.2 m

Accounts Receivable

11.4 m

PP&E

468.9 m455.2 m445.2 m417.5 m

Goodwill

24.4 m24.4 m24.4 m59.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

514.7 m460.6 m596.4 m386.4 m429.3 m360.8 m329.4 m352.1 m377.3 m367.3 m380.5 m377.2 m

PP&E

476.1 m467.4 m461.6 m456.6 m451.8 m445.6 m449.1 m439.1 m425 m418.1 m412.7 m416.4 m

Goodwill

24.4 m24.4 m24.4 m24.4 m24.4 m24.4 m24.4 m24.4 m24.4 m24.4 m57 m57.1 m

Total Assets

26.2 b26.4 b26.6 b26.5 b27.6 b28.2 b28.2 b29.2 b29.5 b29.7 b30.7 b30.7 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

159.4 m195.2 m226.1 m246.8 m

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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

120.8 m48.4 m95.3 m142.1 m54 m109.8 m167.7 m52.5 m113 m178.2 m71.9 m147.9 m

Cash From Operating Activities

481 m87.3 m154.2 m294.9 m38.8 m112.8 m313.3 m90.5 m200.7 m328.3 m136.6 m245.6 m

Cash From Investing Activities

135 m(440.9 m)(516 m)(705.7 m)(643.4 m)(1.3 b)(1.4 b)(378.5 m)(679.1 m)(947.5 m)(553.6 m)(696.9 m)

Cash From Financing Activities

(715.9 m)344.6 m488.5 m327.6 m548.5 m1 b947.8 m273 m488.6 m619.4 m402.3 m433.3 m
USDY, 2017

EV/EBIT

30.3 x

EV/CFO

29.7 x

Revenue/Employee

79.8 k

Financial Leverage

10.2 x
Show all financial metrics

Synovus Financial Corporation Operating Metrics

Synovus Financial Corporation's Total Loans Issued was reported to be $24.2 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-performing Loans

$197.76 m$168.37 m$173.64 m$157.64 m$168.37 m$178.17 m$154.07 m$148.16 m$153.38 m$158.37 m$159.32 m

Bank Branches

258257248

Total Loans Issued

$21.1 b$20.88 b$21.3 b$21.7 b$22.43 b$22.55 b$22.85 b$23.08 b$23.86 b$24.06 b$24.23 b
Show all operating metrics

Synovus Financial Corporation Market Value History

Synovus Financial Corporation's Web-traffic and Trends

Synovus Financial Corporation Online and Social Media Presence

Synovus Financial Corporation Company Life and Culture

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