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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables present certain financial information for each reportable business segment for the three months ended March 31, 2024 and 2023. 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.

			Three Months Ended March 31, 2024
(in thousands)			Wholesale Banking						Community Banking						Consumer Banking						Financial Management Services						Treasury and Corporate Other						Synovus Consolidated
Net interest income			$	183,666					$	99,023					$	138,627					$	23,220					$	(25,690)					$	418,846
Non-interest revenue			11,325						16,679						17,947						46,870						26,067						118,888
Non-interest expense			34,729						40,815						52,358						39,948						154,891						322,741
Pre-provision net revenue (PPNR)			$	160,262					$	74,887					$	104,216					$	30,142					$	(154,514)					$	214,993

			Three Months Ended March 31, 2023
(in thousands)			Wholesale Banking						Community Banking						Consumer Banking						Financial Management Services						Treasury and Corporate Other						Synovus Consolidated
Net interest income			$	199,100					$	111,405					$	154,631					$	16,547					$	(932)					$	480,751
Non-interest revenue			15,900						25,540						20,728						53,206						17,752						133,126
Non-interest expense			33,848						33,382						49,267						44,046						161,309						321,852
Pre-provision net revenue (PPNR)			$	181,152					$	103,563					$	126,092					$	25,707					$	(144,489)					$	292,025

			March 31, 2024
(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			$	25,483,782					$	7,938,581					$	2,781,016					$	5,349,128					$	1,757,370					$	43,309,877
Total deposits			$	13,196,663					$	10,565,568					$	18,921,093					$	1,633,914					$	6,263,004					$	50,580,242
Total full-time equivalent employees			331						563						1,510						573						1,755						4,732
			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
Total deposits			$	13,847,833					$	10,198,357					$	18,698,298					$	1,488,090					$	6,506,607					$	50,739,185
Total full-time equivalent employees			334						576						1,522						604						1,762						4,798

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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

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- References

No definition available.

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