The bank's capital position remains sensitive to credit stress, with an equity-to-assets ratio hovering near 0.10 while absorbing a substantial $298.7 million provision for credit losses.
| Metric | TTM | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 | Dec'95 |
|---|
| Cash & Short Term Investments | 36.38B | 10.53B | 12.2B | 11.62B | 13.86B | 12.1B | 7.89B | 5.12B | 4.87B | 4.66B | 4.8B | 4.26B | 4.34B | 5.12B | 5.78B | 3.51B | 2.48B | 1.74B | 693.53M | 909.36M | 883.87M | 687.19M | 700.45M | 746.15M | 652.06M | 561.86M | 468.47M | 374.8M | 389.4M | 407M | 383.8M |
| Cash & Due from Banks | 2.24B | 2.98B | 2.41B | 1.94B | 2.94B | 4.14B | 1.11B | 1.13B | 885.09M | 940.99M | 1.21B | 1.22B | 1.14B | 2.14B | 2.09B | 3.51B | 2.48B | 1.74B | 693.53M | 909.36M | 883.87M | 687.19M | 700.45M | 746.15M | 652.06M | 561.86M | 468.47M | 374.8M | 389.4M | 407M | 383.8M |
| Short Term Investments | 2.45B | 7.55B | 9.79B | 9.68B | 10.92B | 7.96B | 6.78B | 3.99B | 3.99B | 3.72B | 3.59B | 3.04B | 3.2B | 2.98B | 3.69B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 2.45B | 53.32B | 53.57B | 53.98B | 51.23B | 47.07B | 44.42B | 29.86B | 28.67B | 27.46B | 25.89B | 24.01B | 23.08B | 22.48B | 23.55B | 24.68B | 27.8B | 31.23B | 29.95B | 27.87B | 24.2B | 22.03B | 18.9B | 16.75B | 14.73B | 12.79B | 11.02B | 9.52B | 8.16B | 7.61B | 6.92B |
| Investments Growth % | -94.03% | -0.47% | -0.77% | 5.38% | 8.83% | 5.97% | 48.78% | 4.14% | 4.39% | 6.07% | 7.81% | 4.03% | 2.69% | -4.54% | -4.59% | -11.22% | -10.97% | 4.27% | 7.48% | 15.13% | 9.87% | 16.55% | 12.86% | 13.67% | 15.19% | 16.09% | 15.69% | 16.68% | 7.26% | 10% | 28.19% |
| Long-Term Investments | 136.18B | 45.76B | 43.78B | 44.3B | 40.31B | 39.11B | 37.64B | 25.86B | 24.68B | 23.74B | 22.3B | 20.97B | 19.89B | 19.5B | 19.86B | 24.68B | 27.8B | 31.23B | 29.95B | 27.87B | 24.2B | 22.03B | 18.9B | 16.75B | 14.73B | 12.79B | 11.02B | 9.52B | 8.16B | 7.61B | 6.92B |
| Accounts Receivables | 0 | 699.77M | 480.03M | 378.67M | 226.98M | 266.15M | 204.83M | 146.76M | 123.91M | 100.21M | 84.91M | 87.52M | 98.31M | 91.51M | 106.12M | 0 | 0 | 0 | 244.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 506.88M | 514.76M | 526.37M | 479.51M | 487.99M | 497.5M | 552.94M | 67.19M | 68.57M | 72.9M | 24.9M | 24.43M | 27.85M | 29.58M | 32.96M | 36.87M | 41.08M | 60.79M | 547.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 480.44M | 480.44M | 480.44M | 452.39M | 452.39M | 452.39M | 497.27M | 57.31M | 57.31M | 59.68M | 24.43M | 24.43M | 24.43M | 24.43M | 24.43M | 24.43M | 24.43M | 39.52M | 519.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 26.44M | 34.32M | 45.93M | 27.12M | 35.6M | 45.11M | 55.67M | 9.88M | 11.25M | 13.22M | 471K | 0 | 3.42M | 5.15M | 8.53M | 12.43M | 16.65M | 21.27M | 28.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 376.01M | 813.18M | 838.88M | 792.11M | 818.71M | 844.34M | 868.66M | 434.31M | 426.81M | 417.49M | 445.15M | 455.24M | 468.87M | 479.55M | 486.92M | 544.97M | 580.38M | 605.02M | 547.44M | 752.74M | 669.42M | 638.41M | 791.44M | 616.36M | 572.62M | 526.99M | 437.31M | 381.4M | 272.3M | 247.2M | 220.2M |
| Other Assets | 0 | 1.2B | 1.17B | 1.32B | 995.1M | 1.15B | 1.22B | 820.3M | 803.36M | 677.09M | 588.03M | 594.91M | 613.4M | 708.77M | 868.24M | 1.32B | 1.93B | 2.15B | 1.03B | 1.21B | 928.08M | 1.24B | 956.48M | 807.59M | 696.84M | 1.03B | 623.44M | 532.2M | 436.7M | 348.5M | 405.8M |
| Total Current Assets | 4.69B | 11.28B | 12.75B | 12.06B | 14.14B | 12.43B | 8.17B | 5.34B | 5.08B | 4.8B | 4.92B | 4.38B | 4.47B | 5.24B | 5.91B | 3.51B | 2.48B | 1.74B | 990.98M | 909.36M | 883.87M | 687.19M | 700.45M | 746.15M | 652.06M | 561.86M | 468.47M | 374.8M | 389.4M | 407M | 383.8M |
| Total Non-Current Assets | 882.89M | 48.77B | 46.82B | 47.67B | 42.94B | 41.97B | 39.67B | 27.12B | 25.94B | 25.07B | 23.73B | 22.5B | 21.57B | 21.33B | 21.25B | 26.4B | 30.13B | 34.04B | 31.98B | 30.83B | 26.64B | 24.23B | 20.76B | 18.2B | 15.98B | 14.35B | 11.99B | 10.36B | 8.87B | 8.17B | 7.54B |
| Total Assets | 60.49B | 60.23B | 59.81B | 59.73B | 57.32B | 54.39B | 48.2B | 32.67B | 31.22B | 30.1B | 28.79B | 27.05B | 26.2B | 26.76B | 27.16B | 30.09B | 32.83B | 35.79B | 33.06B | 31.85B | 27.62B | 25.05B | 21.63B | 19.04B | 16.65B | 14.91B | 12.55B | 10.81B | 9.26B | 8.61B | 7.93B |
| Asset Growth % | 5.49% | 0.71% | 0.13% | 4.21% | 5.37% | 12.84% | 47.55% | 4.64% | 3.71% | 4.55% | 6.44% | 3.24% | -2.09% | -1.48% | -9.74% | -8.34% | -8.26% | 8.23% | 3.8% | 15.33% | 10.26% | 15.8% | 13.64% | 14.3% | 11.72% | 18.82% | 16.05% | 16.75% | 7.53% | 8.64% | 29.63% |
| Return on Assets (ROA) | 1.32% | 0.8% | 0.91% | 1.29% | 1.36% | 0.73% | 1.39% | 1.34% | 0.9% | 0.84% | 0.81% | 0.73% | 0.6% | 3.08% | -0.21% | -2.51% | -4.17% | -1.69% | 1.62% | 2.07% | 1.96% | 1.87% | 1.91% | 2.05% | 1.97% | 1.91% | 1.93% | 1.96% | 1.91% | 1.69% | 1.63% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 3.07B | 1.86B | 1.42B | 1.58B | 1.47B | 1.43B | 4.07B | 2.54B | 1.87B | 2.32B | 2.36B | 2.27B | 2.18B | 1.93B | 1.68B | 2.31B | 2.23B | 2.83B | 4.21B | 2.92B | 3.09B | 3.09B | 2.93B | 2.61B | 2.4B | 1.88B | 1.58B | 635M | 432.1M | 436.5M | 336.3M |
| Net Debt | 830.75M | -1.11B | -992.5M | -358.21M | -1.47B | -2.71B | 2.96B | 1.42B | 982.24M | 1.38B | 1.15B | 1.05B | 1.04B | -208.76M | -412.54M | -1.2B | -252.21M | 1.09B | 3.52B | 2.01B | 2.21B | 2.4B | 2.23B | 1.87B | 1.75B | 1.32B | 1.11B | 260.2M | 42.7M | 29.5M | -47.5M |
| Long-Term Debt | 3.01B | 1.73B | 1.23B | 834.6M | 1.2B | 1.2B | 2.15B | 1.66B | 1.6B | 2.16B | 2.19B | 2.14B | 2.03B | 1.72B | 1.36B | 1.81B | 1.75B | 2.11B | 1.89B | 1.35B | 1.93B | 1.88B | 1.58B | 1.34B | 1.05B | 840.86M | 318.62M | 131.8M | 126.2M | 97.3M | 106.8M |
| Short-Term Debt | 62.47M | 131.73M | 189.07M | 746.6M | 264.13M | 227.92M | 1.92B | 887.69M | 261.19M | 159.7M | 177.03M | 126.92M | 148.13M | 201.24M | 313.76M | 499.23M | 475.06M | 725.87M | 2.32B | 1.57B | 1.16B | 1.21B | 1.35B | 1.28B | 1.35B | 1.04B | 1.26B | 503.2M | 305.9M | 339.2M | 229.5M |
| Other Liabilities | 51.58B | 2.01B | 2.5B | 4.8B | 1.12B | 1.1B | 782.94M | 270.42M | 245.04M | 207.44M | 185.88M | 211.03M | 194.56M | 205.84M | 245.16M | 260.91M | 299.73M | 516.54M | 453.43M | 692.02M | 597.7M | 576.47M | 373.48M | 338.18M | 316.34M | 367.56M | 235.95M | 215.2M | 174.1M | 154.7M | 142M |
| Total Current Liabilities | 62.47M | 51.23B | 50.93B | 49.62B | 49.69B | 46.93B | 40.32B | 27.61B | 26.41B | 24.81B | 23.42B | 21.66B | 21.02B | 21.26B | 22.73B | 25B | 27.91B | 29.34B | 27.28B | 25.87B | 21.94B | 19.79B | 17.3B | 15.2B | 13.49B | 12.2B | 10.7B | 9.3B | 8.01B | 7.54B | 6.96B |
| Total Non-Current Liabilities | 54.58B | 3.74B | 3.73B | 5.63B | 2.33B | 2.31B | 2.94B | 1.93B | 1.85B | 2.37B | 2.37B | 2.35B | 2.23B | 1.93B | 1.61B | 2.07B | 2.05B | 2.62B | 2.34B | 2.04B | 2.53B | 2.46B | 1.95B | 1.67B | 1.37B | 1.21B | 554.57M | 347M | 300.3M | 252M | 248.8M |
| Total Liabilities | 54.65B | 54.97B | 54.67B | 55.26B | 52.02B | 49.23B | 43.26B | 29.54B | 28.26B | 27.18B | 25.79B | 24.01B | 23.25B | 23.19B | 24.34B | 27.07B | 29.96B | 31.97B | 29.62B | 27.91B | 24.47B | 22.24B | 19.25B | 16.88B | 14.86B | 13.41B | 11.26B | 9.65B | 8.31B | 7.79B | 7.21B |
| Total Equity | 5.84B | 5.27B | 5.14B | 4.48B | 5.3B | 5.16B | 4.94B | 3.13B | 2.96B | 2.93B | 3B | 3.04B | 2.95B | 3.57B | 2.83B | 3.02B | 2.87B | 3.82B | 3.44B | 3.95B | 3.15B | 2.81B | 2.39B | 2.16B | 1.79B | 1.5B | 1.29B | 1.16B | 946.3M | 818M | 721.4M |
| Equity Growth % | 29.37% | 2.37% | 14.93% | -15.5% | 2.62% | 4.44% | 57.7% | 5.81% | 1.15% | -2.41% | -1.35% | 3.13% | -17.38% | 26.24% | -6.52% | 5.33% | -24.82% | 10.98% | -12.77% | 25.4% | 12.02% | 17.67% | 10.61% | 20.32% | 19.73% | 16.04% | 10.91% | 23.01% | 15.68% | 13.39% | 35.96% |
| Equity / Assets (Capital Ratio) | 9.65% | 8.74% | 8.6% | 7.49% | 9.24% | 9.49% | 10.25% | 9.59% | 9.49% | 9.73% | 10.42% | 11.24% | 11.25% | 13.34% | 10.41% | 10.05% | 8.75% | 10.67% | 10.41% | 12.39% | 11.39% | 11.21% | 11.03% | 11.34% | 10.77% | 10.05% | 10.29% | 10.77% | 10.22% | 9.5% | 9.1% |
| Return on Equity (ROE) | 14.45% | 9.27% | 11.3% | 15.51% | 14.54% | 7.4% | 13.96% | 14.06% | 9.35% | 8.33% | 7.48% | 6.52% | 4.89% | 25.96% | -2.07% | -26.82% | -42.79% | -16.04% | 14.25% | 17.4% | 17.35% | 16.82% | 17.12% | 18.49% | 18.93% | 18.83% | 18.35% | 18.62% | 19.36% | 18.14% | 18.31% |
| Book Value per Share | 41.62 | 36.32 | 35.06 | 30.56 | 35.67 | 34.82 | 31.67 | 26.47 | 24.27 | 23.41 | 22.52 | 21.86 | 21.97 | 27.45 | 25.20 | 30.90 | 53.90 | 81.19 | 73.03 | 85.18 | 69.96 | 63.35 | 54.79 | 50.15 | 42.44 | 36.55 | 31.89 | 29.39 | 24.43 | 21.64 | 19.35 |
| Tangible BV per Share | 38.01 | 32.77 | 31.47 | 27.28 | 32.38 | 31.47 | 28.12 | 25.90 | 23.71 | 22.83 | 22.34 | 21.68 | 21.76 | 27.23 | 24.91 | 30.52 | 53.13 | 79.89 | 61.42 | 85.18 | 69.96 | 63.35 | 54.79 | 50.15 | 42.44 | 36.55 | 31.89 | 29.39 | 24.43 | 21.64 | 19.35 |
| Common Stock | 172.73M | 172.19M | 171.36M | 170.14M | 169.38M | 168.13M | 166.8M | 143.3M | 142.68M | 142.03M | 140.59M | 139.95M | 139.72M | 792.27M | 790.99M | 790.96M | 495.51M | 336.01M | 335.53M | 331.21M | 318.3M | 315.64M | 307.75M | 300.57M | 294.85M | 284.82M | 282.19M | 278.8M | 0 | 0 | 0 |
| Additional Paid-in Capital | 4B | 3.99B | 3.96B | 3.92B | 3.89B | 3.85B | 3.82B | 3.06B | 3.04B | 3.03B | 2.99B | 2.96B | 2.98B | 2.19B | 2.24B | 2.29B | 1.61B | 1.17B | 1.1B | 1.03B | 686.45M | 628.4M | 442.93M | 305.72M | 171.26M | 107.65M | 79.19M | 59.7M | 0 | 0 | 0 |
| Retained Earnings | 3.15B | 2.74B | 2.52B | 2.23B | 1.71B | 1.18B | 1.07B | 843.77M | 544.21M | 351.77M | 174.97M | 14.89M | -137.51M | -259.97M | -1.06B | -966.61M | -148.43M | 1.35B | 2.09B | 2.46B | 2.09B | 1.8B | 1.58B | 1.39B | 1.2B | 1.02B | 898M | 770.6M | 677.8M | 575.5M | 487.2M |
| Accumulated OCI | -676.8M | -970.76M | -1.12B | -1.44B | -82.32M | 158.63M | 65.64M | -94.42M | -54.75M | -55.66M | -29.82M | -12.61M | -41.26M | 4.1M | 21.09M | 57.16M | 84.81M | 129.25M | 31.44M | -2.13M | -32.66M | 8.8M | 29.24M | 45.97M | 29.26M | 5.55M | -31.43M | 8M | 6.7M | -100K | 5.8M |
| Treasury Stock | -1.36B | -1.22B | -944.48M | -944.48M | -931.5M | -731.81M | -715.56M | -1.01B | -839.67M | -664.6M | -401.51M | -187.77M | -114.18M | -114.18M | -114.18M | -114.18M | -114.16M | -114.12M | -113.94M | -113.94M | -113.94M | -113.94M | -113.94M | -1.28M | -1.28M | -1.28M | -1.28M | -5.1M | 0 | 0 | 0 |
| Preferred Stock | 537.14M | 537.14M | 537.14M | 537.14M | 537.14M | 537.14M | 537.14M | 195.14M | 125.98M | 125.98M | 125.98M | 125.98M | 125.86M | 957.33M | 947.02M | 937.32M | 928.21M | 919.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CRE portfolio credit deterioration
According to recent financial disclosures, Synovus's total assets have remained largely range-bound between $59.3 billion and $61.1 billion over the last ten quarters, suggesting that the bank is currently prioritizing balance sheet preservation over aggressive loan book expansion in the face of regional economic uncertainty.
The lack of meaningful asset growth indicates a cautious stance toward new lending, likely reflecting management's desire to avoid further concentration in potentially stressed commercial sectors. Investors should monitor whether this stagnation is a temporary defensive posture or a structural limitation on the bank's ability to scale its regional footprint.
As reported in quarterly filings, the equity-to-assets ratio has hovered near 0.09 to 0.10, which, when combined with the significant $298.7 million provision for credit losses in 2025Q3, suggests that the bank's capital adequacy is becoming increasingly sensitive to potential credit-related earnings volatility.
While these ratios appear to meet current regulatory thresholds, the erosion of retained earnings through elevated provisioning may limit the bank's future flexibility for capital deployment. This suggests that the margin for error regarding credit performance is narrowing, warranting close observation of future capital adequacy trends.
Based on the provided balance sheet data, Synovus has actively managed its liquidity profile by adjusting its investment securities portfolio, which saw a notable shift in 2025Q3, likely to offset the liquidity drain caused by the substantial increase in credit loss provisioning during the same period.
The reliance on securities portfolio adjustments to maintain liquidity suggests that the bank's core deposit base may be facing pressure, necessitating alternative funding sources. This behavior may indicate that the bank is operating with less liquidity flexibility than in previous periods, which could exacerbate risks if market conditions tighten further.
Financial statements reveal that the 2025Q3 provision for credit losses of $298.7 million represents a massive, non-linear departure from the $3.2 million recorded in 2025Q2, signaling that the bank's balance sheet may be harboring latent credit risks within its regional commercial real estate and middle-market loan exposures.
This sudden spike in provisioning suggests that the bank's previous credit loss models may have underestimated the severity of the downturn in its core Southeast markets. Investors should interpret this as a potential indicator of deeper, systemic credit deterioration that could continue to weigh on the balance sheet for several quarters.
Quick answers to the most common questions about buying SNV stock.
As of 2024, Synovus Financial Corp. (SNV) had total assets of $60.23B including $11.28B in current assets.
Synovus Financial Corp. (SNV) carries total debt of $1.86B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Synovus Financial Corp. (SNV) has total shareholders' equity (book value) of $5.24B ($36.32 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Synovus Financial Corp. (SNV) reported a current ratio of 0.22x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.