SNV
Synovus Financial Corp
NYSE: SNV · FINANCIAL SERVICES · BANKS - REGIONAL
$50.05
-2.49% today
Updated 2025-12-31
Market cap
$6.95B
P/E ratio
9.37
P/S ratio
3.03x
EPS (TTM)
$5.34
Dividend yield
3.02%
52W range
$35 – $60
Volume
1.1M
Synovus Financial Corp (SNV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $2.38B | $2.61B | $2.25B | $1.92B | $1.62B | $1.48B | $1.31B | $1.18B | $1.18B | $1.21B | $1.30B | $1.51B | $1.62B | $2.41B | $2.31B | $2.10B | $2.48B | $3.39B | $3.42B |
| Revenue growth (YoY) | — | +30.3% | +9.9% | -13.8% | -14.7% | -15.4% | -9.0% | -11.5% | -9.6% | +0.1% | +2.6% | +6.9% | +16.3% | +7.7% | +48.1% | -4.0% | -9.0% | +17.9% | +36.6% | +1.2% |
| Cost of revenue | $613.58M | $965.83M | $1.26B | $1.48B | $2.30B | $1.47B | $636.40M | $470.39M | $188.42M | $143.24M | $137.65M | $151.62M | $206.37M | $247.59M | $542.55M | $646.77M | $14.14M | $363.44M | $1.41B | $1.58B |
| Gross profit | $1.21B | $1.41B | $1.35B | $770.26M | $-386.00M | $157.36M | $840.93M | $836.73M | $992.57M | $1.04B | $1.07B | $1.14B | $1.30B | $1.38B | $1.86B | $1.66B | $2.09B | $2.12B | $1.98B | $1.84B |
| Gross margin | 66.4% | 59.3% | 51.8% | 34.2% | -20.1% | 9.7% | 56.9% | 64.0% | 84.0% | 87.9% | 88.6% | 88.3% | 86.3% | 84.8% | 77.5% | 72.0% | 99.3% | 85.3% | 58.4% | 53.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $370.22M | $450.37M | $502.31M | $544.94M | $546.62M | $533.59M | $430.61M | $421.28M | $400.61M | $405.39M | $408.01M | $428.74M | $460.33M | $477.91M | $601.73M | $643.42M | $671.78M | $710.79M | $823.12M | $783.39M |
| Operating income | $563.34M | $645.54M | $527.67M | $-660.81M | $-1.61B | $-849.17M | $-59.53M | $31.48M | $252.63M | $302.56M | $358.57M | $388.45M | $480.14M | $547.35M | $765.01M | $484.67M | $989.36M | $964.18M | $696.16M | $604.95M |
| Operating margin | 30.9% | 27.2% | 20.2% | -29.4% | -83.7% | -52.3% | -4.0% | 2.4% | 21.4% | 25.6% | 29.6% | 30.0% | 31.8% | 33.7% | 31.8% | 21.0% | 47.0% | 38.9% | 20.6% | 17.7% |
| EBITDA | $756.47M | $876.83M | $735.94M | $-590.19M | $-1.57B | $-802.75M | $-11.91M | $95.88M | $311.94M | $357.51M | $415.31M | $446.68M | $539.26M | $602.53M | $773.09M | $554.29M | $1.10B | $1.03B | $789.62M | $665.36M |
| EBITDA margin | 41.5% | 36.9% | 28.2% | -26.2% | -81.8% | -49.5% | -0.8% | 7.3% | 26.4% | 30.2% | 34.3% | 34.5% | 35.8% | 37.1% | 32.1% | 24.0% | 52.4% | 41.7% | 23.3% | 19.4% |
| EBIT | $563.34M | $645.54M | $527.67M | $-660.81M | $-1.61B | $-849.17M | $-59.53M | $31.48M | $252.63M | $302.56M | $358.57M | $388.45M | $480.14M | $547.35M | $765.01M | $484.67M | $989.36M | $964.18M | $696.16M | $604.95M |
| Interest expense | $531.05M | $890.68M | $1.09B | $779.69M | $498.88M | $334.25M | $217.60M | $150.02M | $118.82M | $109.41M | $118.64M | $123.62M | $139.19M | $195.89M | $454.83M | $291.75M | $120.40M | $278.89M | $1.23B | $1.44B |
| Income tax | $204.29M | $230.44M | $184.74M | $-80.43M | $-171.98M | $-15.15M | $1.31M | $-798.73M | $93.25M | $107.31M | $132.49M | $141.67M | $204.66M | $118.88M | $201.24M | $110.97M | $228.89M | $206.28M | $154.02M | $125.50M |
| Effective tax rate | 28.3% | 27.2% | 26.0% | 12.1% | 10.7% | 1.9% | -2.2% | -2537.5% | 36.9% | 35.5% | 36.9% | 36.5% | 42.6% | 21.7% | 26.3% | 22.9% | 23.1% | 21.4% | 22.1% | 20.6% |
| Net income | $516.45M | $616.92M | $526.30M | $-582.44M | $-1.43B | $-790.68M | $-60.62M | $830.21M | $159.38M | $195.25M | $226.08M | $246.78M | $275.47M | $428.48M | $563.78M | $373.69M | $760.47M | $757.90M | $543.71M | $482.46M |
| Net income growth (YoY) | — | +19.5% | -14.7% | -210.7% | -145.8% | +44.8% | +92.3% | +1469.4% | -80.8% | +22.5% | +15.8% | +9.2% | +11.6% | +55.5% | +31.6% | -33.7% | +103.5% | -0.3% | -28.3% | -11.3% |
| Profit margin | 28.3% | 26.0% | 20.2% | -25.9% | -74.6% | -48.7% | -4.1% | 63.5% | 13.5% | 16.5% | 18.6% | 19.0% | 18.3% | 26.4% | 23.4% | 16.2% | 36.2% | 30.6% | 16.1% | 14.1% |