Document


				Exhibit 99.2

INCOME STATEMENT DATA
(Unaudited)

(Dollars in thousands, except per share data)	Six Months Ended

	2021			2020			'21 vs '20
							% Change

Interest income	$	822,560		$	935,466		(12)	%
Interest expense	66,844			185,640			(64)

Net interest income	755,716			749,826			1
(Reversal of) provision for credit losses	(43,173)			300,573			nm

Net interest income after provision for credit losses	798,889			449,253			78

Non-interest revenue:
Service charges on deposit accounts	41,448			36,255			14
Fiduciary and asset management fees	36,759			30,124			22
Card fees	25,300			20,136			26
Brokerage revenue	26,899			22,383			20
Mortgage banking income	36,157			35,757			1
Capital markets income	10,840			17,294			(37)
Income from bank-owned life insurance	16,031			13,794			16
Investment securities (losses) gains, net	(1,990)			78,144			nm
Other non-interest revenue	26,599			23,454			13

Total non-interest revenue	218,043			277,341			(21)

Non-interest expense:
Salaries and other personnel expense	322,044			309,274			4
Net occupancy, equipment, and software expense	82,959			83,921			(1)
Third-party processing and other services	44,451			45,366			(2)
Professional fees	17,031			25,980			(34)
FDIC insurance and other regulatory fees	11,127			12,129			(8)
Other operating expenses	60,053			83,751			(28)

Total non-interest expense	537,665			560,421			(4)

Income before income taxes	479,267			166,173			188
Income tax expense	105,975			34,461			208

Net income	373,292			131,712			183

Less: Preferred stock dividends	16,581			16,581			—

Net income available to common shareholders	$	356,711		$	115,131		210	%

Net income per common share, basic	$	2.41		$	0.78		208	%

Net income per common share, diluted	2.38			0.78			206

Cash dividends declared per common share	0.66			0.66			—

Return on average assets *	1.38		%	0.52		%	86	bps
Return on average common equity *	15.58			5.15			1,043

Weighted average common shares outstanding, basic	148,289			147,300			1	%
Weighted average common shares outstanding, diluted	149,764			148,067			1

nm - not meaningful
bps - basis points
* - ratios are annualized


Synovus

	INCOME STATEMENT DATA
	(Unaudited)

	(Dollars in thousands, except per share data)	2021				2020			Second Quarter

		Second Quarter			First Quarter	Fourth Quarter	Third Quarter	Second Quarter	'21 vs '20
									% Change

	Interest income	$	412,743		409,817	433,479	435,550	451,569	(9)	%
	Interest expense	30,883			35,960	47,547	58,560	75,003	(59)

	Net interest income	381,860			373,857	385,932	376,990	376,566	1
	(Reversal of) provision for credit losses	(24,598)			(18,575)	11,066	43,383	141,851	nm

	Net interest income after provision for credit losses	406,458			392,432	374,866	333,607	234,715	73

	Non-interest revenue:
	Service charges on deposit accounts	21,414			20,033	19,063	17,813	15,567	38
	Fiduciary and asset management fees	18,805			17,954	17,242	15,885	14,950	26
	Card fees	13,304			11,996	11,743	10,823	9,186	45
	Brokerage revenue	13,926			12,974	11,794	10,604	9,984	39
	Mortgage banking income	13,842			22,315	24,426	31,229	23,530	(41)
	Capital markets income	3,335			7,505	4,352	5,690	6,050	(45)
	Income from bank-owned life insurance	7,188			8,843	9,725	7,778	7,756	(7)
	Investment securities (losses)/gains, net	—			(1,990)	2,337	(1,550)	69,409	nm
	Other non-interest revenue	15,273			11,326	14,079	16,139	17,052	(10)

	Total non-interest revenue	107,087			110,956	114,761	114,411	173,484	(38)

	Non-interest expense:
	Salaries and other personnel expense	160,567			161,477	153,946	154,994	159,597	1
	Net occupancy, equipment, and software expense	41,825			41,134	44,183	41,554	41,727	—
	Third-party processing and other services	24,419			20,032	20,799	21,827	22,666	8
	Professional fees	7,947			9,084	17,541	13,377	15,305	(48)
	FDIC insurance and other regulatory fees	5,547			5,579	6,288	6,793	6,851	(19)
	Other operating expenses	30,226			29,828	59,741	78,110	37,995	(20)

	Total non-interest expense	270,531			267,134	302,498	316,655	284,141	(5)

	Income before income taxes	243,014			236,254	187,129	131,363	124,058	96
	Income tax expense	56,814			49,161	36,720	39,789	30,866	84

	Net income	186,200			187,093	150,409	91,574	93,192	100

	Less: Preferred stock dividends	8,291			8,291	8,291	8,291	8,291	—

	Net income available to common shareholders	$	177,909		178,802	142,118	83,283	84,901	110	%

	Net income per common share, basic	$	1.20		1.20	0.96	0.57	0.58	107	%

	Net income per common share, diluted	1.19			1.19	0.96	0.56	0.57	109	%

	Cash dividends declared per common share	0.33			0.33	0.33	0.33	0.33	—

	Return on average assets *	1.36		%	1.40	1.11	0.69	0.71	65	bps
	Return on average common equity *	15.40			15.77	12.31	7.28	7.48	792

	Weighted average common shares outstanding, basic	148,113			148,467	147,744	147,314	147,288	1	%
	Weighted average common shares outstanding, diluted	149,747			149,780	148,725	147,976	147,733	1

	nm - not meaningful
	bps - basis points
	* - ratios are annualized


Synovus


	BALANCE SHEET DATA	June 30, 2021		December 31, 2020		June 30, 2020

	(Unaudited)

	(In thousands, except share data)

	ASSETS
	Cash and due from banks	$	560,396	$	531,579	$	572,169
	Interest-bearing funds with Federal Reserve Bank	2,598,213		3,586,565		860,289
	Interest earning deposits with banks	21,513		20,944		20,719
	Federal funds sold and securities purchased under resale agreements	82,554		113,829		118,048
	Cash, cash equivalents, and restricted cash	3,262,676		4,252,917		1,571,225

	Investment securities available for sale, at fair value	9,442,170		7,962,438		7,197,493
	Loans held for sale ($202,216, $216,647, and $266,306 measured at fair value, respectively)	750,916		760,123		900,936

	Loans, net of deferred fees and costs	38,236,018		38,252,984		39,914,297
	Allowance for loan losses	(516,708)		(605,736)		(588,648)
	Loans, net	37,719,310		37,647,248		39,325,649

	Cash surrender value of bank-owned life insurance	1,059,235		1,049,373		1,038,049
	Premises, equipment, and software, net	446,447		463,959		481,716
	Goodwill	452,390		452,390		497,267
	Other intangible assets, net	40,354		45,112		50,392
	Receivable on unsettled securities sales	—		—		1,289,116
	Other assets	1,765,161		1,760,599		1,770,146
	Total assets	$	54,938,659	$	54,394,159	$	54,121,989

	LIABILITIES AND SHAREHOLDERS' EQUITY
	Liabilities:
	Deposits:
	Non-interest-bearing deposits	$	15,345,629	$	13,477,854	$	12,555,714
	Interest-bearing deposits	31,826,333		33,213,717		31,638,866

	Total deposits	47,171,962		46,691,571		44,194,580

	Federal funds purchased and securities sold under repurchase agreements	194,786		227,922		225,576
	Other short-term borrowings	—		7,717		300,000
	Long-term debt	1,203,293		1,202,494		2,327,921
	Due on unsettled securities purchases	48,795		—		922,952
	Other liabilities	1,082,109		1,103,121		1,097,992
	Total liabilities	49,700,945		49,232,825		49,069,021

	Shareholders' equity:
	Preferred stock - no par value. Authorized 100,000,000 shares; issued 22,000,000	537,145		537,145		537,145
	Common stock - $1.00 par value. Authorized 342,857,143 shares; issued 169,107,609, 168,132,522, and 167,405,730; outstanding 147,071,532, 148,039,495, and 147,312,703	169,108		168,133		167,406
	Additional paid-in capital	3,872,949		3,851,208		3,826,726
	Treasury stock, at cost – 22,036,077, 20,093,027, and 20,093,027 shares	(824,197)		(731,806)		(731,806)
	Accumulated other comprehensive income, net	45,726		158,635		202,970
	Retained earnings	1,436,983		1,178,019		1,050,527
	Total shareholders’ equity	5,237,714		5,161,334		5,052,968
	Total liabilities and shareholders' equity	$	54,938,659	$	54,394,159	$	54,121,989


Synovus
	AVERAGE BALANCES AND YIELDS/RATES (1)
	(Unaudited)	2021				2020
	(Dollars in thousands)

		Second			First	Fourth	Third	Second
		Quarter			Quarter	Quarter	Quarter	Quarter
	Interest Earning Assets
	Investment securities (2) (4)	$	9,184,691		8,437,563	7,493,822	7,227,400	6,618,533
	Yield	1.45		%	1.40	2.07	2.39	2.72
	Trading account assets (5)	$	2,831		3,063	8,496	5,391	6,173
	Yield	1.15		%	2.81	1.03	1.69	2.19
	Commercial loans (3) (4)	$	29,849,029		29,844,491	30,363,102	30,730,135	30,236,919
	Yield	3.86		%	3.95	3.96	3.80	3.95
	Consumer loans (3)	$	8,647,448		8,367,776	8,521,449	9,032,437	9,899,172
	Yield	3.94		%	3.98	4.00	4.08	4.34
	Allowance for loan losses	$	(561,242)		(599,872)	(595,547)	(591,098)	(498,545)
	Loans, net (3)	$	37,935,235		37,612,395	38,289,004	39,171,474	39,637,546
	Yield	3.93		%	4.02	4.03	3.92	4.08
	Mortgage loans held for sale	$	242,940		246,962	309,278	244,952	221,157
	Yield	3.06		%	2.68	2.74	2.92	3.09
	Other loans held for sale	$	615,301		660,753	544,301	493,940	19,246
	Yield	3.05		%	2.91	2.81	3.61	4.19
	Federal funds sold, due from Federal Reserve Bank, and other short-term investments	$	2,705,819		2,838,063	2,716,645	1,265,880	1,709,086
	Yield	0.11		%	0.10	0.10	0.11	0.11
	Federal Home Loan Bank and Federal Reserve Bank Stock (5)	$	159,340		157,657	162,537	200,923	247,801
	Yield	2.01		%	1.69	2.64	2.73	3.60
	Total interest earning assets	$	50,846,157		49,956,456	49,524,083	48,609,960	48,459,542
	Yield	3.26		%	3.32	3.49	3.58	3.75
	Interest-Bearing Liabilities
	Interest-bearing demand deposits	$	8,601,262		8,570,753	8,531,415	7,789,095	7,260,940
	Rate	0.11		%	0.14	0.16	0.19	0.21
	Money Market accounts	$	15,476,262		15,348,916	14,411,860	13,272,972	12,238,479
	Rate	0.19		%	0.23	0.26	0.36	0.46
	Savings deposits	$	1,333,297		1,219,288	1,147,667	1,114,956	1,036,024
	Rate	0.02		%	0.02	0.01	0.02	0.02
	Time deposits under $100,000	$	1,077,931		1,161,306	1,239,592	1,379,923	1,621,943
	Rate	0.41		%	0.56	0.74	1.03	1.43
	Time deposits over $100,000	$	2,714,451		2,993,996	3,302,959	3,863,821	4,772,555
	Rate	0.56		%	0.74	1.03	1.44	1.80
	Other brokered deposits	$	1,901,097		1,950,582	1,978,393	1,912,114	1,998,571
	Rate	0.19		%	0.20	0.23	0.23	0.25
	Brokered time deposits	$	1,156,510		1,418,751	1,795,982	2,232,940	2,244,429
	Rate	1.35		%	1.50	1.60	1.59	1.86
	Total interest-bearing deposits	$	32,260,810		32,663,592	32,407,868	31,565,821	31,172,941
	Rate	0.24		%	0.31	0.39	0.54	0.73
	Federal funds purchased and securities sold under repurchase agreements	$	204,053		209,448	174,316	180,342	250,232
	Rate	0.07		%	0.07	0.07	0.09	0.12
	Other short-term borrowings	$	—		—	—	46,739	550,000
	Rate	—		%	—	—	1.12	1.23
	Long-term debt	$	1,203,038		1,202,613	1,552,791	2,234,665	2,834,188
	Rate	3.82		%	3.63	3.96	2.71	2.36
	Total interest-bearing liabilities	$	33,667,901		34,075,653	34,134,975	34,027,567	34,807,361
	Rate	0.36		%	0.42	0.55	0.68	0.86
	Non-interest-bearing demand deposits	$	15,088,836		13,791,286	13,566,112	12,773,676	11,923,534
	Cost of funds	0.25		%	0.30	0.40	0.50	0.65
	Effective cost of funds(6)	0.24		%	0.28	0.37	0.48	0.62
	Net interest margin	3.02		%	3.04	3.12	3.10	3.13
	Taxable equivalent adjustment (4)	$	791		774	821	956	861
	(1) Yields and rates are annualized.
	(2) Excludes net unrealized gains and losses.
	(3) Average loans are shown net of unearned income. Non-performing loans are included.
	(4) Reflects taxable-equivalent adjustments, using the statutory federal income tax rate of 21%, in adjusting interest on tax-exempt loans and investment securities to a taxable-equivalent basis.
	(5) Included as a component of other assets on the consolidated balance sheet.
	(6) Includes the impact of non-interest-bearing capital funding sources.


Synovus
LOANS OUTSTANDING BY TYPE
(Unaudited)	Total Loans		Total Loans		Linked Quarter		Total Loans		Year/Year
(Dollars in thousands)

Loan Type	June 30, 2021		March 31, 2021		% Change		June 30, 2020		% Change
Commercial, Financial, and Agricultural	$	12,085,534	$	12,662,329	(5)	%	$	12,947,164	(7)	%
Owner-Occupied	7,064,599		7,031,505		—		7,084,481		—
Total Commercial & Industrial	19,150,133		19,693,834		(3)		20,031,645		(4)
Multi-Family	2,086,641		2,220,939		(6)		2,247,959		(7)
Hotels	1,411,443		1,462,370		(3)		1,362,183		4
Office Buildings	2,340,378		2,280,053		3		2,244,366		4
Shopping Centers	1,645,275		1,662,158		(1)		1,775,638		(7)
Warehouses	657,699		692,267		(5)		779,109		(16)
Other Investment Property	1,076,577		1,017,938		6		826,302		30
Total Investment Properties	9,218,013		9,335,725		(1)		9,235,557		—
1-4 Family Construction	174,009		189,626		(8)		229,806		(24)
1-4 Family Investment Mortgage	462,335		449,328		3		466,577		(1)
Total 1-4 Family Properties	636,344		638,954		—		696,383		(9)
Commercial Development	120,683		142,380		(15)		112,426		7
Residential Development	164,950		196,653		(16)		270,145		(39)
Land Acquisition	221,061		220,216		—		299,659		(26)
Land and Development	506,694		559,249		(9)		682,230		(26)
Total Commercial Real Estate	10,361,051		10,533,928		(2)		10,614,170		(2)
Consumer Mortgages	5,200,762		5,299,175		(2)		5,817,525		(11)
Home Equity Lines	1,358,211		1,432,367		(5)		1,724,973		(21)
Credit Cards	285,508		267,371		7		250,448		14
Other Consumer Loans	1,880,353		1,578,426		19		1,475,536		27
Total Consumer	8,724,834		8,577,339		2		9,268,482		(6)
Total	$	38,236,018	$	38,805,101	(1)	%	$	39,914,297	(4)	%

NON-PERFORMING LOANS COMPOSITION
(Unaudited)	Total Non-performing Loans		Total Non-performing Loans		Linked Quarter		Total Non-performing Loans		Year/Year
(Dollars in thousands)

Loan Type	June 30, 2021		March 31, 2021		% Change		June 30, 2020		% Change
Commercial, Financial, and Agricultural	$	70,943	$	76,460	(7)	%	$	83,000	(15)	%
Owner-Occupied	13,155		17,192		(23)		19,605		(33)
Total Commercial & Industrial	84,098		93,652		(10)		102,605		(18)
Multi-Family	2,407		2,698		(11)		—		nm
Office Buildings	1,618		1,645		(2)		836		94
Shopping Centers	124		20,138		(99)		409		(70)
Warehouses	218		221		(1)		—		nm
Other Investment Property	407		887		(54)		393		4
Total Investment Properties	4,774		25,589		(81)		1,638		191
1-4 Family Construction	548		1,291		(58)		2,593		(79)
1-4 Family Investment Mortgage	1,927		2,760		(30)		1,844		5
Total 1-4 Family Properties	2,475		4,051		(39)		4,437		(44)
Commercial Development	560		567		(1)		840		(33)
Residential Development	451		452		—		685		(34)
Land Acquisition	1,029		782		32		1,042		(1)
Land and Development	2,040		1,801		13		2,567		(21)
Total Commercial Real Estate	9,289		31,441		(70)		8,642		7
Consumer Mortgages	51,376		11,201		359		17,438		195
Home Equity Lines	8,938		12,191		(27)		14,200		(37)
Other Consumer Loans	7,327		6,684		10		4,552		61
Total Consumer	67,641		30,076		125		36,190		87
Total	$	161,028	$	155,169	4	%	$	147,437	9	%


Synovus

	CREDIT QUALITY DATA
	(Unaudited)
	(Dollars in thousands)	2021				2020			Second Quarter

		Second			First	Fourth	Third	Second	'21 vs '20
		Quarter			Quarter	Quarter	Quarter	Quarter	% Change

	Non-performing Loans (NPLs)	$	161,028		155,169	151,079	168,837	147,437	9	%
	Impaired Loans Held for Sale	—			23,590	23,590	—	—	nm
	Other Real Estate and Other Assets	16,806			16,849	17,394	23,280	30,242	(44)

	Non-performing Assets (NPAs)	177,834			195,608	192,063	192,117	177,679	—

	Allowance for Loan Losses (ALL)	516,708			563,214	605,736	603,800	588,648	(12)
	Reserve for Unfunded Commitments	46,890			51,528	47,785	60,794	61,029	(23)

	Allowance for Credit Losses (ACL)	563,598			614,742	653,521	664,594	649,677	(13)

	Net Charge-Offs - Quarter	26,547			20,204	22,139	28,466	24,046
	Net Charge-Offs - YTD	46,750			20,204	94,712	72,573	44,107
	Net Charge-Offs / Average Loans - Quarter (1)	0.28		%	0.21	0.23	0.29	0.24
	Net Charge-Offs / Average Loans - YTD (1)	0.24			0.21	0.24	0.25	0.23
	NPLs / Loans	0.42			0.40	0.39	0.43	0.37
	NPAs / Loans, ORE and specific other assets	0.46			0.50	0.50	0.49	0.44
	ACL/Loans	1.47			1.58	1.71	1.68	1.63
	ALL/Loans	1.35			1.45	1.58	1.53	1.47

	ACL/NPLs	350.00			396.18	432.57	393.63	440.65
	ALL/NPLs	320.88			362.97	400.94	357.62	399.25

	Past Due Loans over 90 days and Still Accruing	$	4,415		3,804	4,117	7,512	8,391	(47)
	As a Percentage of Loans Outstanding	0.01		%	0.01	0.01	0.02	0.02

	Total Past Due Loans and Still Accruing	$	49,321		45,693	47,349	57,316	46,390	6
	As a Percentage of Loans Outstanding	0.13		%	0.12	0.12	0.14	0.12

	Accruing Troubled Debt Restructurings (TDRs)	$	124,528		129,776	134,972	163,511	166,461	(25)

	(1) Ratio is annualized.




	SELECTED CAPITAL INFORMATION (1)
	(Unaudited)
	(Dollars in thousands)
		June 30, 2021			December 31, 2020	June 30, 2020


	Tier 1 Capital	$	4,751,865		4,572,010	4,364,374
	Total Risk-Based Capital	5,725,176			5,604,230	5,459,568
	Common Equity Tier 1 Capital Ratio	9.75		%	9.66	8.90
	Tier 1 Capital Ratio	10.99			10.95	10.15
	Total Risk-Based Capital Ratio	13.25			13.42	12.70
	Tier 1 Leverage Ratio	8.72			8.50	8.38
	Common Equity as a Percentage of Total Assets (2)	8.56			8.51	8.34
	Tangible Common Equity Ratio (3) (5)	7.73			7.66	7.41
	Book Value Per Common Share (4)	$	31.96		31.24	30.65
	Tangible Book Value Per Common Share (3)	28.61			27.88	26.94

	(1) Current quarter regulatory capital information is preliminary.
	(2) Common equity consists of Total Shareholders' Equity less Preferred Stock.
	(3) Excludes the carrying value of goodwill and other intangible assets from common equity and total assets.
	(4) Book Value Per Common Share consists of Total Shareholders' Equity less Preferred Stock divided by total common shares outstanding.
	(5) See "Non-GAAP Financial Measures" of this report for applicable reconciliation.