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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 2,379,778 $ 2,414,103
Federal funds sold and securities purchased under resale agreements 43,722 37,323
Total cash, cash equivalents, and restricted cash 2,423,500 2,451,426
Investment securities available for sale, at fair value 9,694,515 9,788,662
Loans held for sale (includes $36,698 and $47,338 measured at fair value, respectively) 130,586 52,768
Loans, net of deferred fees and costs 43,309,877 43,404,490
Allowance for loan losses (492,661) (479,385)
Loans, net 42,817,216 42,925,105
Cash surrender value of bank-owned life insurance 1,119,379 1,112,030
Premises, equipment, and software, net 375,315 365,851
Goodwill 480,440 480,440
Other intangible assets, net 43,021 45,928
Other assets 2,751,148 2,587,324
Total assets 59,835,120 59,809,534
Deposits:    
Non-interest-bearing deposits 12,042,353 12,507,616
Interest-bearing deposits 38,537,889 38,231,569
Total deposits 50,580,242 50,739,185
Federal funds purchased and securities sold under repurchase agreements 128,244 189,074
Other short-term borrowings 252,469 3,496
Long-term debt 2,031,735 1,932,534
Other liabilities 1,800,794 1,801,097
Total liabilities 54,793,484 54,665,386
Shareholders' equity:    
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000 537,145 537,145
Common stock - $1.00 par value; authorized 342,857,143 shares; issued 171,873,265 and 171,360,188, respectively; outstanding 146,418,407 and 146,705,330, respectively 171,873 171,360
Additional paid-in capital 3,957,576 3,955,819
Treasury stock, at cost; 25,454,858 and $24,654,858 shares, respectively (974,499) (944,484)
Accumulated other comprehensive income (loss), net (1,248,194) (1,117,073)
Retained earnings 2,574,017 2,517,226
Total Synovus Financial Corp. shareholders' equity 5,017,918 5,119,993
Noncontrolling interest in subsidiary 23,718 24,155
Total equity 5,041,636 5,144,148
Total liabilities and equity $ 59,835,120 $ 59,809,534
Treasury stock, shares at cost (in shares) 25,454,858 24,654,858