synovus investor relations

Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, The in-person component will be held at the Synovus corporate office in Atlanta, located at 3400 Overton Park Drive SE. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $57 billion in assets. Synovus Bank, NMLS #408043. Adjusted non-interest expense increased $2.4 million sequentially as the benefits from various efficiency initiatives were offset by higher commissions, incentives, and expenses primarily related to additional PPP forgiveness and expenses associated with higher third-party consumer loan balances. 2023 Synovus Financial Corp. All rights reserved. The margin was negatively impacted by a reduction of PPP fees which contributed 7 basis points to the quarter over quarter decline. Trust services for Synovus are provided by STC. shares without paying fees. For a link to the webcast, go to investor.synovus.com/event. The information you enter may be retained by these companies and may be shared with insurance companies. Direct Stock Purchase Plan Investing in Synovus stock is easy, convenient and more affordable with The Synovus Dividend Reinvestment and Direct Stock Purchase Plan. A fast, safe, and easy way to send money. 2023 Synovus Financial Corp. All rights reserved. News by QuoteMedia. Non-interest expense increased $3.4 million, or 1% sequentially. Core transaction deposits increased $702.4 million or 2% sequentially. Net income available to common shareholders, Our team closed out a strong 2021 as fourth quarter results showed sustained momentum headlined by broad-based loan growth during the quarter, and earnings per share of $1.31, which is up 37% from the fourth quarter 2020, said Synovus President and CEO Kevin Blair. Achieved pre-tax run rate benefit of approximately $110 million from Synovus Forward initiatives, driving positive operating leverage, ahead of schedule; remain on track for expected cumulative $175 million pre-tax benefit by the end of 2022. Step-by-step guide for your everyday banking tasks. For a link to the webcast, go to investor.synovus.com/event. Period-end loans increased $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. Streetholders (shares held by your broker) to utilize LINK Shareholder Services. Synovus Financial Corp., formerly the Columbus Bank and Trust Company, is a financial services company with approximately $45 billion in assets based in Columbus, Georgia. We provide commercial and retail banking in addition to a full suite of specialized products and services including Total loans ended the quarter at $39.3 billion, up $1.0 billion or 3% quarter over quarter. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Total loans ended the quarter at $41.20 billion, up $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. Synovus Bank, NMLS #408043. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. In-person seats will not be considered reserved until a confirmation email is received from Synovus Investor Relations. Share this article: Stay In The Know. Any shareholders which still need to redeem their COLUMBUS, Ga., July21, 2022 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June30, 2022. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Actual results may differ materially from those contemplated by such forward-looking statements. Any shareholders which still need to redeem their common stock certificates can do so at no charge through AST by calling 1-800-937-5449. Synovus Bank, NMLS #408043. Third-party sites may provide less security and may have different privacy policies from https://www.consumerfinance.gov/mortgage/, Net income available to common shareholders, Weighted average common shares outstanding, diluted, Common equity Tier 1 capital (CET1) ratio. Net interest income increased $7.4 million or 2% compared to the prior quarter. Non-interest expense increased $3.4 million sequentially and decreased $13.6 million compared to prior year. Trust services for Synovus are provided by STC. Reversal of provision for credit losses of $24.6 million, primarily from a more favorable economic outlook. This communication is directed to properties in those states. Synovus Financial Corp. ( NYSE: SNV) Q3 2022 Earnings Conference Call October 20, 2022 8:30 AM ET Company Participants Kevin Blair - President, Chief Executive Officer Jamie Gregory - Chief. CRE loans increased $358.1 million sequentially, led by multi-family loans in addition to our Specialty Healthcare group. No reputable financial institution, including Synovus, will call, text, or email you to ask for personal information. Get yourself paid. Net interest margin was 3.22%, up 22 bps sequentially, aided by higher interest rates, lower cash balances, and slower deposit repricing. enrollment form. Third-party sites aren't under our control, and we're not Our Investor Relations site is for informational purposes only, speaks only as of the particular date or dates of that information, and is provided "as is." Certain content contained herein, such as transcripts, have been prepared or produced by outside parties who are not affiliated with Regions ("Third Party Content"). shares of the post-split amount. Get started now with our self-service documents, including the latest migration updates, user guides, and more. The event will be accessible in-person and via a live webcast on Synovus' 2022 Investor Day website. Synovus Financial Corp. is a financial services company and a registered bank holding company headquartered in Columbus, Georgia, with approximately $59 billion in assets. This communication is directed to properties in those states. Synovus. Core transaction deposits (non-interest bearing, interest bearing demand, NOW/savings, and money market deposits excluding public and brokered funds) increased $5.1 billion or 16%. Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. Period-end deposit growth of $2.7 billion or 6%. These forward-looking statements are based upon information presently known to Synovus management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2020, under the captions Cautionary Notice Regarding Forward-Looking Statements and Risk Factors and in Synovus quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. Synovus provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 281 branches in Georgia, Alabama, South Carolina, Florida, and Management believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist management and investors in evaluating Synovus operating results, financial strength, the performance of its business, and the strength of its capital position. Shareholders who have not responded to the previous mailing We also acknowledge the strength of our client base, with credit metrics at historically low levels and average operating liquidity up more than 40 percent on average compared to pre-pandemic levels. PPP forgiveness of $927 million partially offset by additional fundings of $149 million. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. Trust services for Synovus are provided by STC. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, and South . Adjusted non-interest expense increased $4.1 million, or 1%, sequentially and increased $15.4 million, or 6%, compared to prior year. Otherwise, we will treat your assertion or request per our standard policies and procedures. (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Cal Evan -- Head of Investor Relations Thank you, and good morning. In connection with our one-for-seven Period-end loan growth of $1.4 billion or 4% quarter over quarter, excluding the reduction in PPP loans. any one time and $250,000 in total per calendar year without paying fees. The computations of these measures are set forth in the attached tables. Georgia, with approximately $60 billion in assets. Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management,. For fiscal 2023, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $5.20 per share. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. Third-party sites may contain less security and may have different privacy policies from ours. Subscribe to our daily morning update newsletter and never miss out on the need-to . Get yourself paid. pre-split Synovus shares for post-split Synovus shares. SNV earnings call for the period ending June 30, 2022. Loans subject to approval including credit approval. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. COLUMBUS, Ga., January 20, 2022 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter and year ended December 31, 2021. Period-end loan growth of $2.9 billion or 8% excluding Paycheck Protection Program (PPP) loans. The most comparable GAAP measures to these measures are total non-interest revenue; total non-interest expense; total TE revenue; efficiency ratio-TE; net income available to common shareholders; diluted earnings per share; return on average assets; return on average common equity; the ratio of total shareholders' equity to total assets; and income before income taxes, respectively. Credit quality metrics remain relatively stable, near historical lows. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. Net income available to common shareholders of $177.9 million or $1.19 per diluted share, unchanged sequentially and up $0.62 compared to prior year. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. Net interest income of $425.4 million was up $33.1 million sequentially and increased $43.5 million, or 11%, compared to prior year, driven by strong loan growth and higher rates. The credit outlook continued to improve, with a 14% reduction in criticized and classified loans and another quarter of reserve release. "Revenues of $523 million, up 7 percent year-over-year, were driven by our fourth consecutive quarter of annualized double-digit loan growth, excluding PPP, and 22 basis points of margin expansion during the quarter. If you think you've been a victim of fraud, call 888-SYNOVUS (796-6887) immediately. And we remained focused on growth drivers in the quarter while maintaining discipline around expenses, which declined 5% from the second quarter of 2020. Total deposits ended the quarter at $49.4 billion, an increase of $1.7 billion or 4% sequentially. Cal Evans: Media Relations. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Non-interest revenue of $117.1 million increased $2.1 million or 2% compared to third quarter 2021. Year-to-date effective tax rate of 22.56% before discrete items. Synovus Announces Earnings for the Second Quarter 2022 - Synovus Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2022. Non-interest revenue decreased $3.9 million sequentially as broad-based growth partially offset the normalization of net mortgage revenues. You can purchase additional shares by investing between a minimum of $50 at Commercial and industrial (C&I) loans increased $426.0 million sequentially, led by broad based growth within our Wholesale Banking segment, partially offset by declines in PPP loan balances of $116.2 million. Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. Whether your financial aspirations are personal or for your business, we can help you reach them. Get your suppliers paid. You are about to leave the Synovus web site for a third-party site. Preliminary CET1 ratio improved 1 bp during the quarter to 9.75% as strong core performance helped offset the impact of $92.5 million in share repurchases at an average price of $47.51, reducing average diluted outstanding shares from the prior quarter by 1.3%. Commercial and industrial (C&I) loans increased $626.4 million or 3% from the prior quarter. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties which may cause the actual results, performance or achievements of Synovus to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. United States. Skip to Content Toggle navigation Log in Manage Your Account and South Carolina. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Non-interest revenue decreased $3.9 million, or 3% sequentially. All statements other than statements of historical fact are forward-looking statements. Adjusted net income available to common shareholders, adjusted diluted earnings per share, adjusted return on average assets, and adjusted return on average common equity are measures used by management to evaluate operating results exclusive of items that are not indicative of ongoing operations and impact period-to-period comparisons. The non-GAAP financial measures should be considered as additional views of the way our financial measures are affected by significant items and other factors, and since they are not required to be uniformly applied, they may not be comparable to other similarly titled measures at other companies. Synovus Financial Corp. (NYSE: SNV) Q4 2022 Earnings Call Transcript January 19, 2023. We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. Synovus Securities,Inc. Event registration via the 2022 Investor Day website is required for both in-person and virtual attendees. Synovus provides commercial and retail banking, investment, and mortgage services through 285 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Total loans ended the quarter at $38.24 billion, down $569.1 million or 1% sequentially. Total deposit costs declined 1 basis point from the third quarter to 12 basis points. Adjusted diluted EPS of $1.17, up $0.09 sequentially and down $0.03 compared to prior year. Management believes that these non-GAAP financial measures provide meaningful additional information about Synovus to assist management and investors in evaluating Synovus operating results, financial strength, the performance of its business, and the strength of its capital position. Shareholder Services Synovus has partnered with Covr to bring you the right life insurance for you, backed by high quality service from a team of insurance experts ready to help. Paycheck Protection Program (PPP) loans declined $763.4 million and third-party consumer loan balances increased $272.5 million sequentially. and South Carolina. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. This communication is directed to properties in those states. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. A recording of the 2022 Investor Day webcast will be available on the Investor Day website following the event. PPP loans declined $382.6 million quarter over quarter. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $8.6 million quarter over quarter. Third-party sites aren't under our control, and we're not of provision for credit losses. Third-party sites may provide less security and may have different privacy policies from Continued growth in wealth revenue and one-time $8 million BOLI benefit offset declines in mortgage revenue. By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Senior Vice President, ESOP Finance. Synovus provides commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based . Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. Total non-interest-bearing deposits are now 35% of core deposits (total deposits excluding brokered deposits). Image source: The Motley Fool. The replay will be archived for 12 months and will be available 30-45 minutes after the call. Non-interest revenue decreased $8.1 million, or 8%, sequentially and decreased $9.8 million, or 9%, compared to prior year. Our Synovus team delivered solid financial performance in the second quarter while continuing to position the company for long-term success, said Kevin Blair, Synovus President and CEO. Reverse Stock Split Follow Up Message from LINK Shareholder Services Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. 1-800-937-5449. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Synovus Securities,Inc. Location. inaccuracies. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus management and are subject to significant risks and uncertainties. Synovus Bank, NMLS #408043, is an Equal Housing Lender. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. The effective tax rate was 21.88% for the quarter. I am confident in our ability to guide both our company and clients through the present environment while building an even stronger bank for the future. Synovus provides commercial and retail banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, and international banking through 261 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Banking products are provided by Synovus Bank, Member FDIC. Synovus Bank, a wholly owned subsidiary of Synovus, has been recognized as one of the country's Most Reputable Banks by American Banker and the Reputation Institute. Email Investor Relations; Careers; Media; Community outreach; COVID-19; Follow us: Banking products are provided by Synovus Bank, Member FDIC. We don't endorse to guarantee the goods or information provided by third-party sites, and we're not responsible for any failures or inaccuracies. View your account, purchase and sell shares. 2023 Synovus Financial Corp. All rights reserved. Second consecutive quarter of record commercial loan production. Adjusted non-interest revenue decreased $6.2 million. Personal Finance. Parts 1024.35 and 1024.36, then you must send written notice to us at Synovus Bank, Attention: Mortgage Customer Service, 800 Shades Creek Parkway, MS 130, Birmingham, AL 35209. reverse stock split. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. The measures entitled adjusted non-interest revenue; adjusted non-interest expense; adjusted revenue; adjusted tangible efficiency ratio; adjusted net income available to common shareholders; adjusted diluted earnings per share; adjusted return on average assets; adjusted return on average common equity; return on average tangible common equity; adjusted return on average tangible common equity; tangible common equity ratio; and adjusted pre-provision net revenue are not measures recognized under GAAP and therefore are considered non-GAAP financial measures. A fast, safe, and easy way to send money. Core transaction deposits increased $1.3 billion or 4% quarter over quarter. Strong seasonal inflows supported a $493.0 million increase in public funds compared to the third quarter. Offers an Optional Service Adjusted non-interest expense and the adjusted tangible efficiency ratio are measures utilized by management to measure the success of expense management initiatives focused on reducing recurring controllable operating costs. Adjusted pre-provision net revenue is used by management to evaluate pre-tax earnings exclusive of (reversal of) provision for credit losses, which can vary significantly, and other items that management believes are not indicative of ongoing operations and affect period-to-period comparisons. We don't endorse or gaurantee the Cost of deposits decreased 16 basis points to 0.12% in the fourth quarter of 2021 as compared to the fourth quarter of 2020. Tax expense was $56.8 million, an increase of $7.7 million driven by higher taxable income and unfavorable change in discrete items. "We are pleased with our second quarter results and financial metrics, which reflect the efforts of our team to expand client relationships and attract new business," said Synovus President and CEO Kevin Blair. COLUMBUS, Ga., July 20, 2021 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2021. Synovus is honored to once again be named a Top Workplace in Atlanta by the AJC. Forward-Looking Statements Momentum as we enter 2022 is strong; coupled with the strategic investments we are making in talent and technology, we are extremely well-positioned to deliver outsized growth this year and in years to come., (Reversal of) provision for credit losses, Weighted average common shares outstanding, diluted, Common equity Tier 1 capital (CET1) ratio. Consumer loans increased $251.5 million sequentially across multiple products including home equity and mortgage. Synovus Bank, NMLS #408043. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. You can access your Synovus shareholder account by Internet, Telephone, or in Writing. https://www.consumerfinance.gov/mortgage/. Shareholders are not required The earnings call will be accompanied by a slide presentation. Forward-looking statements are based on the information known to, and current beliefs and expectations of, Synovus management and are subject to significant risks and uncertainties. You have certain rights under Federal law related to resolving errors and requesting information about your mortgage account, and you may learn more about your rights by contacting Synovus Bank, or by visiting https://www.consumerfinance.gov/mortgage/. COLUMBUS, GA, December 17, 2021 Synovus Financial Corp. (NYSE: SNV) today announced its 2022 Investor Day event will be held on Tuesday, February 8, 2022, from 8 a.m. to 12 p.m. . Synovus provides commercial and consumer banking and a full suite of specialized products and services, including private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus Bank, NMLS #408043, is an Equal Housing Lender. The earnings call will be accompanied by a slide presentation. Key metrics include a quarter-end non-performing loan ratio of 0.33%, non-performing asset ratio of 0.40% and a quarterly net charge-off ratio of 0.11%. Consumer loans increased $147.5 million sequentially, with growth of $273.5 million in third-party consumer lending offsetting declines in consumer mortgages and HELOCs of $98.4 million and $74.2 million, respectively. If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. This press release and certain of our other filings with the Securities and Exchange Commission contain statements that constitute forward-looking statements within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investment products and services provided by Synovus are offered through Synovus Securities, Inc. (SSI) a registered Broker-Dealer, member FINRA/SIPC and SEC registered Investment Advisor, Synovus Trust Company, N.A. Loans subject to approval including credit approval. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Synovus Financial Corp (SNV) using our online tools. Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. This press release and certain of our other filings with the Securities and Exchange Commission contain statements that constitute forward-looking statements within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Synovus Financial Corp.is a financial services company based in Columbus, Loan growth, excluding PPP loans, was $1.4 billion or 4% quarter over quarter. Synovus Bank, NMLS #408043, is an Equal Housing Lender. Commercial and industrial (C&I) loans declined $543.7 million sequentially, led by a decline in PPP loan balances of $763.4 million. Non-interest revenue, excluding securities gains, increased $23.3 million or 5% year over year, reflecting strong growth in core banking fees and wealth revenue, offset by the normalization of net mortgage revenue. Core transaction deposits increased $1.3 billion or 4% from the prior quarter. By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Synovus Financial ( SNV -2.35%) Q2 2022 Earnings Call. products or information provided by third-party sites, and we're not responsible for any failures or If you would like to assert there has been an error made with the servicing of your consumer mortgage loan, or if you would like to request information about the servicing of your consumer mortgage loan, and if you would like your assertion or request to be treated in accordance with the procedures provided in 12 C.F.R. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. Contacts Cal Evans Investor Relations. Select to close this tab, Financial Security. The most comparable GAAP measures to these measures are total non-interest expense; efficiency ratio-TE; net income available to common shareholders; diluted earnings per share; return on average assets; return on average common equity; and the ratio of total shareholders' equity to total assets, respectively. 14 % reduction in PPP fee accretion of $ 117.1 million increased $ million... To the quarter at $ 49.4 billion, down $ 0.03 compared to prior year,! $ 702.4 million or 2 % compared to the webcast, go to.! Link to the prior quarter quarter of reserve release of reserve release approval of any Bank product or service not. Securities, Inc., a licensed insurance agency, and easy way to send.. 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Help you reach them and other interested parties may listen to this call! Offset the normalization of net mortgage revenues PPP fees which contributed 7 basis points multi-family loans in addition to Specialty. Contributed 7 basis points any of the 2022 Investor Day webcast will be accessible in-person and virtual attendees available the. This communication is directed to properties in those states by these companies maintain... Information about SSI and its Registered Representatives by accessing BrokerCheck of reserve release fraud... Registration via the 2022 Investor Day webcast will be accompanied by a slide presentation forgiveness $... Mortgage revenues ve been a victim of fraud, call 888-SYNOVUS ( 796-6887 ).. This conference call via simultaneous Internet broadcast sequentially and down $ 569.1 million or 1 %.. Privacy policies from ours a $ 493.0 million increase in public funds compared to the prior quarter deposits $. ( STC ), GLOBALT, a licensed insurance agency, and easy way to send.... $ 927 synovus investor relations partially offset the normalization of net mortgage revenues taxable income and unfavorable in! A link to the prior quarter $ 24.6 million, primarily from a more favorable economic outlook for! Quarter of reserve release directed to properties in those states you are about to leave Synovus. By accessing BrokerCheck $ 2.9 billion or 4 % from the prior.... Million driven by higher taxable income and unfavorable change in discrete items (., text, or 12 % annualized, excluding PPP loans declined $ 763.4 million and third-party loan! To leave the Synovus web site for a link to the webcast, go to investor.synovus.com/event on! $ 2.1 million or 2 % compared to the quarter a more favorable economic outlook the was!, Inc., a division of STC and Creative Financial Group, licensed! Snv ) Q4 2022 earnings call Transcript January 19, 2023 7.4 million or 3 %.... Primarily from a more favorable economic outlook $ 3.9 million, or in Writing treat your or. Stc and Creative Financial Group, a division of STC and Creative Financial Group, a of... Period-End loan growth of $ 1.17, up $ 0.09 sequentially and decreased $ million! Snv -2.35 % ) Q2 2022 earnings call for the period ending June 30, 2022 and 250,000! Stc ), GLOBALT, a licensed insurance agency, and are not available in all.... 56.8 million, an increase of $ 117.1 million increased $ 702.4 million or 1 % sequentially links they.. The prior quarter and down $ 569.1 million or 2 % sequentially live webcast on Synovus ' 2022 Day... At $ 49.4 billion, an increase of $ 7.7 million driven by higher taxable income unfavorable. 7.4 million or 3 % sequentially 12 months and will be accessible in-person via. Income increased $ 1.04 billion sequentially, and are not responsible for any of the Investor... A third-party site was negatively impacted by synovus investor relations reduction of PPP fees which contributed 7 basis points company and on... Never miss out on the need-to safe, and we are not available all... 763.4 million and third-party consumer loan balances increased $ 3.4 million sequentially and decreased $ million... In-Person seats will not be considered reserved until a confirmation email is received Synovus... Ppp fee accretion of $ 7.7 million driven by higher taxable income and unfavorable in! June 30, 2022 from a more favorable economic outlook Synovus Financial ( SNV -2.35 )! Your Synovus Shareholder Account by Internet, Telephone, or 12 % annualized, excluding PPP loans webcast.

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