SNV
Income statement / Annual
Last year (2023), Synovus Financial Corp.'s total revenue was $2.03 B,
a decrease of 7.92% from the previous year.
In 2023, Synovus Financial Corp.'s net income was $543.71 M.
See Synovus Financial Corp.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$2.03 B
|
$2.21 B
|
$1.98 B
|
$2.02 B
|
$1.95 B
|
$1.43 B
|
$1.37 B
|
$1.17 B
|
$1.09 B
|
$1.07 B
|
Cost of Revenue |
$318.04 M |
$330.60 M |
$301.43 M |
$309.96 M |
$141.79 M |
$90.90 M |
$88.95 M |
$91.28 M |
$91.37 M |
$92.21 M |
Gross Profit |
$1.71 B |
$1.88 B |
$1.68 B |
$1.71 B |
$1.81 B |
$1.34 B |
$1.28 B |
$1.08 B |
$1.00 B |
$978.78 M |
Gross Profit Ratio |
0.84 |
0.85 |
0.85 |
0.85 |
0.93 |
0.94 |
0.94 |
0.92 |
0.92 |
0.91 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$39.85 M
|
$710.79 M
|
$671.78 M
|
$643.42 M
|
$601.73 M
|
$477.91 M
|
$460.33 M
|
$428.74 M
|
$408.01 M
|
$405.95 M
|
Selling & Marketing
Expenses |
$994.61 M
|
$0.00
|
$0.00
|
$14.39 M
|
$21.37 M
|
$20.88 M
|
$22.95 M
|
$20.26 M
|
$15.48 M
|
$24.04 M
|
Selling, General &
Administrative Expenses |
$1.03 B
|
$710.79 M
|
$671.78 M
|
$643.42 M
|
$623.10 M
|
$498.80 M
|
$483.28 M
|
$449.00 M
|
$423.49 M
|
$429.98 M
|
Other Expenses |
-$359.69 M |
-$554.93 M |
-$1.67 B |
-$2.18 B |
-$1.81 B |
-$1.18 B |
-$232.39 M |
-$225.23 M |
$0.00 |
$0.00 |
Operating Expenses |
$1.34 B |
$155.87 M |
-$993.65 M |
-$1.53 B |
-$1.18 B |
-$685.26 M |
$26.23 M |
$26.70 M |
$26.65 M |
$26.44 M |
Cost And Expenses |
$1.34 B |
$155.87 M |
-$993.65 M |
-$1.53 B |
-$1.18 B |
-$685.26 M |
$115.18 M |
$117.98 M |
$118.02 M |
$118.65 M |
Interest Income |
$3.05 B |
$2.08 B |
$1.65 B |
$1.80 B |
$2.05 B |
$1.34 B |
$1.16 B |
$1.02 B |
$945.96 M |
$928.69 M |
Interest Expense |
$1.23 B |
$278.89 M |
$120.40 M |
$291.75 M |
$454.84 M |
$195.89 M |
$139.19 M |
$123.62 M |
$118.64 M |
$109.41 M |
Depreciation &
Amortization |
$48.69 M
|
$50.57 M
|
$157.99 M
|
$62.16 M
|
$60.80 M
|
$43.77 M
|
$43.26 M
|
$37.62 M
|
$56.74 M
|
$54.95 M
|
EBITDA |
$2.69 B
|
$1.31 B
|
$1.15 B
|
$495.23 M
|
$776.62 M
|
$798.42 M
|
$678.45 M
|
$570.30 M
|
$533.96 M
|
$466.92 M
|
EBITDA Ratio |
1.33 |
0.59 |
0.58 |
0.25 |
0.4 |
0.56 |
0.5 |
0.49 |
0.49 |
0.44 |
Operating Income Ratio
|
0.42
|
0.56
|
0.5
|
0.24
|
0.39
|
0.52
|
0.77
|
0.78
|
0.76
|
0.76
|
Total Other
Income/Expenses Net |
-$162.51 M
|
-$278.89 M
|
-$329.77 M
|
-$952.97 M
|
-$1.11 B
|
-$195.89 M
|
-$567.18 M
|
-$516.37 M
|
-$469.37 M
|
-$507.48 M
|
Income Before Tax |
$696.16 M |
$964.18 M |
$989.36 M |
$484.67 M |
$765.02 M |
$547.35 M |
$480.14 M |
$388.45 M |
$358.57 M |
$302.56 M |
Income Before Tax Ratio
|
0.34
|
0.44
|
0.5
|
0.24
|
0.39
|
0.38
|
0.35
|
0.33
|
0.33
|
0.28
|
Income Tax Expense |
$154.02 M |
$206.28 M |
$228.89 M |
$110.97 M |
$201.24 M |
$118.88 M |
$204.66 M |
$141.67 M |
$132.49 M |
$107.31 M |
Net Income |
$543.71 M |
$757.90 M |
$760.47 M |
$373.70 M |
$563.78 M |
$428.48 M |
$275.47 M |
$246.78 M |
$226.08 M |
$195.25 M |
Net Income Ratio |
0.27 |
0.34 |
0.38 |
0.19 |
0.29 |
0.3 |
0.2 |
0.21 |
0.21 |
0.18 |
EPS |
3.48 |
4.99 |
4.95 |
2.31 |
3.5 |
3.64 |
2.19 |
1.9 |
1.63 |
1.34 |
EPS Diluted |
3.46 |
4.95 |
4.9 |
2.3 |
3.47 |
3.62 |
2.17 |
1.89 |
1.62 |
1.33 |
Weighted Average Shares
Out |
$146.12 M
|
$145.36 M
|
$147.04 M
|
$147.42 M
|
$154.33 M
|
$117.64 M
|
$121.16 M
|
$124.39 M
|
$132.42 M
|
$138.50 M
|
Weighted Average Shares
Out Diluted |
$146.73 M
|
$146.48 M
|
$148.50 M
|
$148.21 M
|
$156.06 M
|
$118.38 M
|
$122.01 M
|
$125.08 M
|
$133.20 M
|
$139.15 M
|
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