SNV · As filed with the SEC
Synovus Financial income statement, by quarter
The statement as Synovus Financial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF INCOME · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | Q3 2025 3 months ended Sep 30, 2025 | Q2 2025 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 |
|---|---|---|---|---|
| Interest income: | ||||
| Loans, including fees | 680,441 | 657,811 | 648,252 | 675,836† |
| Investment securities | 91,440 | 93,720 | 93,352 | 91,038† |
| Loans held for sale | 1,138 | 1,098 | 757 | 924† |
| Federal Reserve Bank balances | 19,006 | 15,911 | 21,266 | 27,845† |
| Other earning assets | 3,094 | 3,102 | 3,138 | 3,487† |
| Total interest income | 795,119 | 771,642 | 766,765 | 799,130† |
| Interest expense: | ||||
| Deposits | 281,523 | 278,309 | 282,325 | 316,198† |
| Long-term debt | 38,668 | 33,586 | 29,848 | 27,616† |
| Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings | 233 | 186 | 208 | — |
| Total interest expense | 320,424 | 312,081 | 312,381 | 344,136† |
| Net interest income | 474,695 | 459,561 | 454,384 | 454,994† |
| Provision for (reversal of) credit losses | 21,690 | 3,245 | 10,921 | 32,867† |
| Net interest income after provision for (reversal of) credit losses | 453,005 | 456,316 | 443,463 | 422,127† |
| Non-interest revenue: | ||||
| Service charges on deposit accounts | 26,303 | 25,258 | 23,114 | 23,244† |
| Fiduciary and asset management fees | 21,039 | 20,332 | 19,917 | 21,373† |
| Card fees | 19,894 | 20,132 | 21,227 | 19,577† |
| Brokerage revenue | 21,673 | 20,748 | 20,359 | 20,907† |
| Mortgage banking income | 4,374 | 4,435 | 3,338 | 2,665† |
| Capital markets income | 13,944 | 12,960 | 6,941 | 12,070† |
| Income from bank-owned life insurance | 9,628 | 10,279 | 8,084 | 10,543† |
| Investment securities gains (losses), net | 1,742 | 0 | — | 0† |
| Recovery of NPA | — | — | — | 0† |
| Other non-interest revenue | 22,100 | 19,991 | 13,486 | 15,208† |
| Total non-interest revenue | 140,697 | 134,135 | 116,466 | 125,587† |
| Non-interest expense: | ||||
| Salaries and other personnel expense | 197,313 | 192,182 | 185,510 | 184,725† |
| Net occupancy, equipment, and software expense | 49,089 | 48,589 | 48,652 | 47,251† |
| Third-party processing and other services | 22,306 | 23,535 | 21,874 | 22,158† |
| Professional fees | 13,307 | 10,197 | 9,779 | 11,949† |
| FDIC insurance and other regulatory fees | 7,042 | 7,534 | 8,544 | 8,227† |
| Restructuring charges (reversals) | (747) | 72 | (1,292) | 37† |
| Loss on other loans held for sale | — | — | — | 0† |
| Merger-related expense | 23,757 | — | — | — |
| Other operating expense | 36,662 | 33,592 | 34,967 | 34,964† |
| Total non-interest expense | 348,729 | 315,701 | 308,034 | 309,311† |
| Income before income taxes | 244,973 | 274,750 | 251,895 | 238,403† |
| Income tax expense | 48,468 | 57,631 | 57,023 | 49,026† |
| Net income | 196,505 | 217,119 | 194,872 | 189,377† |
| Less: Net income (loss) attributable to noncontrolling interest | (489) | (596) | (142) | (1,049)† |
| Net income attributable to Synovus Financial Corp. | 196,994 | 217,715 | 195,014 | 190,426† |
| Less: Preferred stock dividends | 11,404 | 11,395 | 11,323 | 11,578† |
| Net income available to common shareholders | 185,590 | 206,320 | 183,691 | 178,848† |
| Net income per common share, basic (in dollars per share) | 1.34 | 1.49 | 1.31 | — |
| Net income per common share, diluted (in dollars per share) | 1.33 | 1.48 | 1.30 | — |
| Weighted average common shares outstanding, basic (in shares) | 138,803 | 138,891 | 140,684 | — |
| Weighted average common shares outstanding, diluted (in shares) | 139,612 | 139,502 | 141,775 | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.