Synovus Financial Corp.

NYSE:SNV-PEFinancial Services

——At close · Market cap —

USD billions	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	YoY
Revenue	2.4	2.3	2.1	2.5	3.4	3.4	+1.2%
Cost of revenue	0.5	0.6	0.0	0.4	1.4	1.6	+12.1%
Gross profit	1.9	1.7	2.1	2.1	2.0	1.8	−6.7%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—
Selling, general & administrative	0.6	0.6	0.7	0.7	0.8	0.8	−4.8%
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—
Operating expenses	1.1	1.2	1.1	1.2	1.3	1.2	−3.2%
Operating income	0.8	0.5	1.0	1.0	0.7	0.6	−13.1%
Interest expense	0.5	0.3	0.1	0.3	1.2	1.4	+17.0%
Interest income	2.1	1.8	1.7	2.1	3.1	3.2	+4.7%
Other income / expense	0.0	0.0	0.0	0.0	0.0	0.0	—
Pre-tax income	0.8	0.5	1.0	1.0	0.7	0.6	−13.1%
Income tax	0.2	0.1	0.2	0.2	0.2	0.1	−18.5%
Net income	0.6	0.4	0.8	0.8	0.5	0.5	−11.3%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—
EPS, basic (per share)	3.50	2.31	4.95	4.99	3.48	3.05	−12.4%
EPS, diluted (per share)	3.47	2.30	4.90	4.95	3.46	3.03	−12.4%
EBITDA	0.8	0.6	1.1	1.0	0.8	0.7	−15.7%
Depreciation & amortization	0.0	0.1	0.1	0.1	0.1	0.1	−35.4%
Weighted average shares (shares)	154,331,000	147,415,000	147,041,000	145,364,000	146,115,000	144,164,000	−1.3%
Weighted average diluted shares (shares)	156,058,000	148,210,000	148,495,000	146,481,000	146,734,000	144,998,000	−1.2%
Gross margin	77.5%	72.0%	99.3%	85.3%	58.4%	53.8%	−4.5 pts
Operating margin	31.8%	21.0%	47.0%	38.9%	20.6%	17.7%	−2.9 pts
Net margin	23.4%	16.2%	36.2%	30.6%	16.1%	14.1%	−2.0 pts

USD billionsUpdated 2 May 2025 ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.