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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables present certain financial information for each reportable business segment for the years ended December 31, 2023, 2022, and 2021 and as of December 31, 2023 and 2022. The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. As these enhancements are made, financial results presented by each reportable business segment may be periodically revised. Loan and deposit transfers occur from time to time between reportable business segments primarily to maintain the migration of clients and relationship managers between segments; however, prior period loan and deposit balances and any related net interest income and FTP are not adjusted for transfers. During the fourth quarter of 2023, $1.30 billion in deposits previously reported in the Treasury and Corporate Other segment were transferred to align with the management of the client relationships within the Financial Management Services segment. During the year ended December 31, 2023, net losses of $76.7 million were recorded in the Treasury and Corporate Other segment primarily due to the strategic repositioning of the investment securities portfolio in the fourth quarter of 2023. Additionally, a $51.0 million expense was recorded in the Treasury and Corporate Other segment in the fourth quarter of 2023 as a result of an FDIC special assessment charge to certain banks to cover losses incurred by the Deposit Insurance Fund (DIF) due to bank failures in the first half of 2023. Synovus also recorded a $28.0 million loss for the $1.17 billion medical office buildings loans sale in the Wholesale Banking segment and a $22.1 million loss for the $421.7 million third-party consumer loans sale in the Treasury and Corporate Other segment during the year ended December 31, 2023. During the years ended December 31, 2022 and 2021, Treasury and Corporate Other's net interest income benefited from the recognition of PPP fees totaling $12.6 million, and $79.2 million, respectively.
| Year Ended December 31, 2023
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 806,399 |  |  | $ | 429,937 |  |  | $ | 614,338 |  |  | $ | 73,906 |  |  | $ | (107,925) |  |  | $ | 1,816,655 |
Non-interest revenue | 51,918 |  |  | 69,372 |  |  | 79,871 |  |  | 195,186 |  |  | 7,663 |  |  | 404,010 |
Non-interest expense | 159,488 |  |  | 145,275 |  |  | 205,674 |  |  | 167,612 |  |  | 657,375 |  |  | 1,335,424 |
Pre-provision net revenue | $ | 698,829 |  |  | $ | 354,034 |  |  | $ | 488,535 |  |  | $ | 101,480 |  |  | $ | (757,637) |  |  | $ | 885,241 |
| Year Ended December 31, 2022
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 691,535 |  |  | $ | 412,660 |  |  | $ | 465,840 |  |  | $ | 69,539 |  |  | $ | 157,326 |  |  | $ | 1,796,900 |
Non-interest revenue | 39,262 |  |  | 50,077 |  |  | 86,570 |  |  | 182,861 |  |  | 50,566 |  |  | 409,336 |
Non-interest expense | 114,212 |  |  | 128,159 |  |  | 198,472 |  |  | 171,325 |  |  | 545,338 |  |  | 1,157,506 |
Pre-provision net revenue | $ | 616,585 |  |  | $ | 334,578 |  |  | $ | 353,938 |  |  | $ | 81,075 |  |  | $ | (337,446) |  |  | $ | 1,048,730 |
| Year Ended December 31, 2021
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 558,469 |  |  | $ | 399,261 |  |  | $ | 409,439 |  |  | $ | 78,647 |  |  | $ | 87,131 |  |  | $ | 1,532,947 |
Non-interest revenue | 34,590 |  |  | 48,301 |  |  | 79,725 |  |  | 211,002 |  |  | 76,448 |  |  | 450,066 |
Non-interest expense | 90,198 |  |  | 114,064 |  |  | 177,491 |  |  | 184,133 |  |  | 534,018 |  |  | 1,099,904 |
Pre-provision net revenue | $ | 502,861 |  |  | $ | 333,498 |  |  | $ | 311,673 |  |  | $ | 105,516 |  |  | $ | (370,439) |  |  | $ | 883,109 |
| December 31, 2023
(dollars in thousands) | Wholesale Banking |  | Community Banking |  |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 25,506,870 |  |  | $ | 7,966,794 |  |  |  | $ | 2,825,411 |  |  | $ | 5,374,280 |  |  | $ | 1,731,135 |  |  | $ | 43,404,490 |
Deposits | $ | 13,847,833 |  |  | $ | 10,198,357 |  |  |  | $ | 18,698,298 |  |  | $ | 1,488,090 |  |  | $ | 6,506,607 |  |  | $ | 50,739,185 |
Full-time equivalent employees | 334 |  |  | 576 |  |  |  | 1,522 |  |  | 604 |  | 1,762 |  |  | 4,798 |
| December 31, 2022
(dollars in thousands) | Wholesale Banking |  | Community Banking |  |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 25,865,667 |  |  | $ | 8,138,606 |  |  |  | $ | 2,933,504 |  |  | $ | 5,157,014 |  |  | $ | 1,621,562 |  |  | $ | 43,716,353 |
Deposits | $ | 12,942,732 |  |  | $ | 10,798,409 |  |  |  | $ | 18,561,521 |  |  | $ | 102,496 |  |  | $ | 6,466,401 |  |  | $ | 48,871,559 |
Full-time equivalent employees | 337 |  |  | 598 |  |  |  | 1,532 |  |  | 768 |  |  | 1,792 |  |  | 5,027 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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