v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 2,820,054 $ 2,977,667
Federal funds sold and securities purchased under resale agreements 32,262 16,320
Total cash, cash equivalents, and restricted cash 2,852,316 2,993,987
Investment securities held to maturity 2,502,639 2,581,469
Investment securities available for sale 7,798,824 7,551,018
Loans held for sale (includes $45,136 and $33,448 measured at fair value, respectively) 153,037 90,111
Loans, net of deferred fees and costs 43,536,716 42,609,028
Allowance for loan losses (464,831) (486,845)
Loans, net 43,071,885 42,122,183
Cash surrender value of bank-owned life insurance 1,150,853 1,139,988
Premises, equipment, and software, net 378,739 383,724
Goodwill 480,440 480,440
Other intangible assets, net 29,063 34,318
Other assets 2,638,989 2,856,406
Total assets 61,056,785 60,233,644
Deposits:    
Non-interest-bearing deposits 11,658,129 11,596,119
Interest-bearing deposits 38,266,878 39,499,240
Total deposits 49,925,007 51,095,359
Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings 85,327 131,728
Long-term debt 3,909,478 1,733,109
Other liabilities 1,498,331 2,007,197
Total liabilities 55,418,143 54,967,393
Shareholders' equity:    
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000 537,145 537,145
Common stock - $1.00 par value; authorized 342,857,142 shares; issued 172,702,630 and 172,185,507, respectively; outstanding 138,781,530 and 141,165,908, respectively 172,703 172,186
Additional paid-in capital 3,992,061 3,986,729
Treasury stock, at cost; 33,921,100 and $31,019,599 shares, respectively (1,359,113) (1,216,827)
Accumulated other comprehensive income (loss), net (739,221) (970,765)
Retained earnings 3,014,111 2,736,089
Total Synovus Financial Corp. shareholders' equity 5,617,686 5,244,557
Noncontrolling interest in subsidiary 20,956 21,694
Total equity 5,638,642 5,266,251
Total liabilities and equity $ 61,056,785 $ 60,233,644