Synovus Bank, Financial Information

AboutSynovus Bank

 Address:
1111 Bay Avenue
Columbus,GA
Muscogee County,Georgia
 Established:
Jan 1888
 Number of domestic offices:
301
Total assets$54,326M
Net income$395M
Net income,quarterly$153M
Total deposits$47,144M
Domestic deposits$47,144M
Equity capital$5,240M
ROA0.76%
ROAQ,quarterly1.14%
ROA,pretax1.14%
ROAQ,quarterly,pretax1.47%
ROE7.44%
ROEQ,quarterly11.64%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Synovus banks is a financial services company with more than $27 billion in assets based in Columbus, Georgia. Synovus' bank divisions provide commercial and retail banking, investment and mortgage services to customers in Georgia, Alabama, South Carolina, Florida and Tennessee.

Synovus started as a savings bank along the Chattahoochee River in Columbus, Georgia in 1888. What began as a community bank more than a century ago has grown into an innovative financial services company. Today, Synovus is one of the largest financial institutions in the Southeast, providing commercial and retail banking to customers in Georgia, Alabama, South Carolina, Florida and Tennessee.

The company’s culture is based on a strong emphasis on valuing people, doing the right thing and treating others with respect. That foundation and value system generate strength, stability and enduring success for team members, customers, shareholders, and communities