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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest income:        
Loans, including fees $ 701,570 $ 670,230 $ 1,393,285 $ 1,299,787
Investment securities 78,891 60,421 150,797 121,475
Loans held for sale 1,132 5,801 1,710 11,378
Federal Reserve Bank balances 15,630 17,410 30,661 34,228
Other earning assets 4,019 5,281 7,499 9,154
Total interest income 801,242 759,143 1,583,952 1,476,022
Interest expense:        
Deposits 335,754 241,780 668,420 415,715
Long-term debt 28,390 55,915 57,985 98,444
Other borrowings 2,100 5,917 3,703 25,580
Total interest expense 366,244 303,612 730,108 539,739
Net interest income 434,998 455,531 853,844 936,283
Provision for (reversal of) credit losses 26,404 38,881 80,384 71,035
Net interest income after provision for (reversal of) credit losses 408,594 416,650 773,460 865,248
Non-interest revenue:        
Service charges on deposit accounts 22,907 23,477 44,720 46,451
Fiduciary and asset management fees 19,728 20,027 38,741 39,723
Card fees 19,418 17,059 38,904 32,884
Brokerage revenue 20,457 22,451 43,164 46,655
Mortgage banking income 3,944 4,609 7,362 8,467
Capital markets income 15,077 9,482 21,704 24,609
Income from bank-owned life insurance 8,097 6,878 15,444 14,140
Investment securities gains (losses), net (256,660) 0 (256,660) 1,030
Recovery of NPA 0 0 0 13,126
Other non-interest revenue 18,181 8,293 36,658 18,317
Total non-interest revenue (128,851) 112,276 (9,963) 245,402
Non-interest expense:        
Salaries and other personnel expense 179,407 183,001 367,928 371,926
Net occupancy, equipment, and software expense 46,415 42,785 93,223 85,645
Third-party processing and other services 21,783 21,659 42,041 43,493
Professional fees 15,655 9,597 23,286 18,560
FDIC insurance and other regulatory fees 6,493 11,162 30,312 21,429
Restructuring charges (reversals) (658) (110) 866 (843)
Loss on other loans held for sale 0 2,360 0 19,110
Other operating expense 32,706 36,727 66,886 69,714
Total non-interest expense 301,801 307,181 624,542 629,034
Income (loss) before income taxes (22,058) 221,745 138,955 481,616
Income tax expense (benefit) (7,378) 47,801 29,565 105,513
Net income (loss) (14,680) 173,944 109,390 376,103
Less: Net income (loss) attributable to noncontrolling interest (652) (166) (1,089) (166)
Net income (loss) attributable to Synovus Financial Corp. (14,028) 174,110 110,479 376,269
Less: Preferred stock dividends 9,713 8,291 19,398 16,581
Net income (loss) available to common shareholders $ (23,741) $ 165,819 $ 91,081 $ 359,688
Net income (loss) per common share, basic (in dollars per share) $ (0.16) $ 1.13 $ 0.62 $ 2.46
Net income (loss) per common share, diluted (in dollars per share) $ (0.16) $ 1.13 $ 0.62 $ 2.45
Weighted average common shares outstanding, basic (in shares) 145,565 146,113 145,998 145,957
Weighted average common shares outstanding, diluted (in shares) 145,565 146,550 146,568 146,644