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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Interest-earning deposits with banks and other cash and cash equivalents $ 2,977,667 $ 2,414,103
Federal funds sold and securities purchased under resale agreements 16,320 37,323
Total cash, cash equivalents, and restricted cash 2,993,987 2,451,426
Investment securities held to maturity 2,581,469 0
Investment securities available for sale 7,551,018 9,788,662
Loans held for sale (includes $33,448 and $47,338, measured at fair value, respectively) 90,111 52,768
Loans, net of deferred fees and costs 42,609,028 43,404,490
Allowance for loan losses (486,845) (479,385)
Loans, net 42,122,183 42,925,105
Cash surrender value of bank-owned life insurance 1,139,988 1,112,030
Premises, equipment and software, net 383,724 365,851
Goodwill 480,440 480,440
Other intangible assets, net 34,318 45,928
Other assets 2,856,406 2,587,324
Total assets 60,233,644 59,809,534
Deposits:    
Non-interest-bearing deposits 11,596,119 12,507,616
Interest-bearing deposits 39,499,240 38,231,569
Total deposits 51,095,359 50,739,185
Federal funds purchased, securities sold under repurchase agreements, and other short-term borrowings 131,728 192,570
Long-term debt 1,733,109 1,932,534
Other liabilities 2,007,197 1,801,097
Total liabilities 54,967,393 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 172,185,507 and 171,360,188, respectively; outstanding 141,165,908 and 146,705,330, respectively 172,186 171,360
Additional paid-in capital 3,986,729 3,955,819
Treasury stock, at cost; 31,019,599 and 24,654,858 shares, respectively (1,216,827) (944,484)
Accumulated other comprehensive income (loss), net (970,765) (1,117,073)
Retained earnings 2,736,089 2,517,226
Total Synovus Financial Corp. shareholders’ equity 5,244,557 5,119,993
Noncontrolling interest in subsidiary 21,694 24,155
Total equity 5,266,251 5,144,148
Total liabilities and shareholders' equity $ 60,233,644 $ 59,809,534