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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 1,807,641 $ 2,414,103
Federal funds sold and securities purchased under resale agreements 45,971 37,323
Total cash, cash equivalents, and restricted cash 1,853,612 2,451,426
Investment securities held to maturity 2,622,457 0
Investment securities available for sale 7,554,168 9,788,662
Loans held for sale (includes $36,943 and $47,338 measured at fair value, respectively) 121,470 52,768
Loans, net of deferred fees and costs 43,120,674 43,404,490
Allowance for loan losses (484,985) (479,385)
Loans, net 42,635,689 42,925,105
Cash surrender value of bank-owned life insurance 1,133,652 1,112,030
Premises, equipment, and software, net 380,267 365,851
Goodwill 480,440 480,440
Other intangible assets, net 37,207 45,928
Other assets 2,770,666 2,587,324
Total assets 59,589,628 59,809,534
Deposits:    
Non-interest-bearing deposits 11,561,626 12,507,616
Interest-bearing deposits 38,632,114 38,231,569
Total deposits 50,193,740 50,739,185
Federal funds purchased and securities sold under repurchase agreements 94,055 189,074
Other short-term borrowings 0 3,496
Long-term debt 2,021,050 1,932,534
Other liabilities 1,902,612 1,801,097
Total liabilities 54,211,457 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 342,857,142 shares; issued 172,077,277 and 171,360,188, respectively; outstanding 141,997,383 and 146,705,330, respectively 172,077 171,360
Additional paid-in capital 3,976,706 3,955,819
Treasury stock, at cost; 30,079,894 and $24,654,858 shares, respectively (1,167,130) (944,484)
Accumulated other comprehensive income (loss), net (773,786) (1,117,073)
Retained earnings 2,610,964 2,517,226
Total Synovus Financial Corp. shareholders' equity 5,355,976 5,119,993
Noncontrolling interest in subsidiary 22,195 24,155
Total equity 5,378,171 5,144,148
Total liabilities and equity $ 59,589,628 $ 59,809,534