SYNOVUS FINANCIAL CORP Income Statement

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Income

In millions of USD; shares in millions, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020
Interest income:
Loans, including fees
Investment securities
Loans held for sale
Federal Reserve Bank balances
Other earning assets
Total interest income
Interest expense:
Deposits
Long-term debt
Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings
Total interest expense
Net interest income
Provision for (reversal of) credit losses
Net interest income after provision for credit losses
Non-interest revenue:
Service charges on deposit accounts
Fiduciary and asset management fees
Card fees
Brokerage revenue
Mortgage banking income
Capital markets income
Income from bank-owned life insurance
Investment securities gains (losses), net
Recovery of NPA
Other non-interest revenue
Total non-interest revenue
Non-interest expense:
Salaries and other personnel expense
Net occupancy, equipment, and software expense
Third-party processing and other services
Professional fees
FDIC insurance and other regulatory fees
Advertising expense
Goodwill impairment
Restructuring charges (reversals)
Merger-related expense
Loss on other loans held for sale
Other operating expense
Total non-interest expense

Income before income taxes
Income tax expense
Net income
Less: Net income (loss) attributable to noncontrolling interest
Net income attributable to Synovus Financial Corp.
Less: Preferred stock dividends
Net income available to common shareholders
Net income per common share, basic (in dollars per share)
Net income per common share, diluted (in dollars per share)
Weighted average common shares outstanding, basic (in shares)
Weighted average common shares outstanding, diluted (in shares)

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