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. Otherwise, we will treat your assertion or request per our standard policies and procedures. Reversal of provision for credit losses of $24.6 million, primarily from a more favorable economic outlook. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, News by QuoteMedia. Shareholders who have not responded to the previous mailing Contacts Cal Evans Investor Relations. "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. 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%. Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair will present at the Raymond James & Associates 44 th Annual Institutional Investors Conference on March 7, 2023, at. . A recording of the 2022 Investor Day webcast will be available on the Investor Day website following the event. products or information provided by third-party sites, and we're not responsible for any failures or Non-interest expense increased $9.6 million, or 4%, sequentially and increased $11.5 million, or 4%, compared to prior year. Year-over-year increase was primarily due to incentives and costs associated with elevated performance, merit increases, new business initiatives, and infrastructure investments. 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. 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. Or if you have questions, please call the number below. Preliminary CET1 ratio decreased 9 basis points sequentially to 9.49%. Loan products subject to credit approval. 2020 Synovus Financial Corp. All rights reserved. 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. to utilize LINK Shareholder Services. 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. CRE loans increased $358.1 million sequentially, led by multi-family loans in addition to our Specialty Healthcare group. For a link to the webcast, go to investor.synovus.com/event. Synovus Securities,Inc. Share this article: Stay In The Know. https://www.consumerfinance.gov/mortgage/. Third-party sites aren't under our control, and we're not 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/. Net income available to common shareholders of $169.8 million, or $1.16 per diluted share, up $0.05 sequentially and down $0.03 compared to prior year. responsible for any of the content or additional links they contain. 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. Total deposits ended the quarter at $49.03 billion, up $378.5 million sequentially, impacted by seasonal effects and rate-driven outflows of $803.9 million and $358.3 million, respectively, in money-market and interest-bearing demand deposit accounts and offset by the use of brokered deposits as a cost-effective balance sheet and liquidity management tool. Credit quality metrics remain at historically low levels with sequential improvement in the NPA, NPL, and criticized/classified loans ratios. Investor Relations investorrelations@synovus.com Synovus Financial Corp. NYSE:SNV Release Summary Synovus Chairman, CEO and President Kevin Blair will participate at the BofA Securities. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $57 billion in assets. Total revenue of $522.7 million increased $33.7 million, or 7%, compared to prior year. Third-party sites may provide less security and may have different privacy policies from For a link to the webcast, go to investor.synovus.com/event. responsible for any of the content or additional links they contain. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. The information you enter may be retained by these companies and may be shared with insurance companies. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. You are about to leave the Synovus web site for a third-party site. If you are not a Synovus shareholder you can join the Plan by making an 2021 was another challenging year, but our teams were able to navigate the uncertain environment to support our clients, contribute to our communities and deliver for our shareholders. This communication is directed to properties in those states. Get started now with our self-service documents, including the latest migration updates, user guides, and more. The information you enter may be retained by these companies and may be shared with insurance companies. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. Were building a bank that stays in step with our customers as they pursue greater financial freedom and security. Synovus is on the web at synovus.com, and on Twitter, Facebook, LinkedIn, and Instagram. Actual results may differ materially from those contemplated by such forward-looking statements. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. The effective tax rate was 21.88% for the quarter. Core transaction deposits increased $1.3 billion or 4% quarter over quarter. Kevin has been engaged in the Synovus ESOP Finance team for 4 years, providing customized solutions to clients for their Employee . Email 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. Second consecutive quarter of record commercial loan production. Tax expense was $56.8 million, an increase of $7.7 million driven by higher taxable income and unfavorable change in discrete items. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $8.6 million quarter over quarter. Period-end loans increased $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. Location. ET. responsible for any of the content or additional links they contain. Synovus provides commercial and retail banking and a full suite of 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. Get yourself paid. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. Actual results may differ materially from those contemplated by such forward-looking statements. Synovus is aGreat Place to Work-Certified Companyand is on the web atsynovus.comand onTwitter,Facebook,LinkedIn, andInstagram. Email Synovus is a financial services company that offers commercial and retail banking, investment, and mortgage services to customers. 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. receives compensation from insurance companies or their affiliates in the form of commissions. Paycheck Protection Program (PPP) loans declined $763.4 million and third-party consumer loan balances increased $272.5 million sequentially. Continue Or if you have questions, please call the number below. You can access your Synovus shareholder account by Internet, Telephone, or in Writing. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. Step-by-step guide for your everyday banking tasks. Total non-interest-bearing deposits are now 35% of core deposits (total deposits excluding brokered deposits). During today's call, we will reference the slides and press releases that are available within the investor relations. For a link to the webcast, go to investor.synovus.com/event. Trust services for Synovus are provided by STC. The margin was negatively impacted by a reduction of PPP fees which contributed 7 basis points to the quarter over quarter decline. Banking products are provided by Synovus Bank, Member FDIC. Implemented executive succession plan with Kessel Stelling moving into the role of Executive Chairman and Kevin Blair becoming President and CEO in April 2021. These forward-looking statements include, among others, our expectations regarding our future operating and financial performance; expectations on our growth strategy, expense and revenue initiatives, capital management, balance sheet management, and future profitability; expectations on credit quality and performance; and the assumptions underlying our expectations. Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. Synovus Bank, NMLS #408043, is an Equal Housing Lender. You can identify these forward-looking statements through Synovus use of words such as believes, anticipates, expects, may, will, assumes, should, predicts, could, would, intends, targets, estimates, projects, plans, potential and other similar words and expressions of the future or otherwise regarding the outlook for Synovus future business and financial performance and/or the performance of the banking industry and economy in general. This communication is directed to properties in those states. 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. 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. Reversal of provision for credit losses of $24.6 million supported by a more positive economic outlook and 14% reduction in criticized and classified loans; allowance for credit losses coverage ratio (to loans) of 1.47%, or 1.54% excluding PPP loans. Net income available to common shareholders for 2021 was $727.3 million or $4.90 per diluted share as compared to $340.5 million or $2.30 per diluted share for 2020. 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. We provide commercial and retail banking in addition to a full suite of specialized products and services including Your key to world-class wealth management. Image source: The Motley Fool. inaccuracies. A number of factors could cause actual results to differ materially from those contemplated by the forward-looking statements in this press release. Growth in core loans and securities portfolio offset reduction in PPP fee accretion of $12.7 million, down $8.6 million from the third quarter. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Media Contact Audria Belton Media Relations media@synovus.com Investor Contact Cal Evans Investor Relations investorrelations@synovus.com Business Wire. Loans subject to approval including credit approval. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. Loan products subject to credit approval. 2020 Synovus Financial Corp. All rights reserved. Non-interest revenue of $117.1 million increased $2.1 million or 2% compared to third quarter 2021. Investor Type Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Synovus Bank, NMLS #408043. Senior Vice President, ESOP Finance. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. 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. Total deposit costs declined 6 bps sequentially to 0.16%. 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. The computations of these measures are set forth in the attached tables. 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. 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. Loans subject to approval including credit approval. Synovus Bank, NMLS #408043, is an Equal Housing Lender. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, The earnings call will be accompanied by a slide presentation. 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. specialized products and services, including private banking, treasury management, wealth management, mortgage services, BlueLinx (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. https://www.consumerfinance.gov/mortgage/. Drivers of the decline included our strong credit performance, including reduction of NPLs, and quality and mix of new originations, offset by an uncertain and generally negative economic outlook. February 10, 2023 - 7:30 AM PST. We don't endorse or gaurantee the Blake Robbins - Synovus Mortgage in Decatur, reviews by real people. any one time and $250,000 in total per calendar year without paying fees. 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. Processed and approved $1.0 billion in Round 2 PPP loans, supporting approximately 11,000 customers. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. Net interest income of $381.9 million increased $8.0 million sequentially as asset growth, reduced deposit costs, and a higher day count more than offset the reduction in PPP fee income. 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 December31, 2021, 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. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Decatur and beyond. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. Revenue growth in the quarter was largely driven by an $8 million increase in net interest income resulting from earning asset growth. premium finance, asset-based lending, structured lending, and international banking through 246 branches in Georgia, Well capitalized with preliminary year-end ratios of 9.49% for CET1 and 12.60% for total risk-based capital. COLUMBUS, Ga., February 10, 2023 -- ( BUSINESS WIRE )--Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair will present at the Raymond James & Associates 44 th Annual. Credit quality ratios remain near historical lows. You are about to leave the Synovus web site for a third-party site. American Stock Transfer & Trust Company, LLC. 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. Or if you have questions, please call the number below. Synovus Bank, NMLS #408043. These forward-looking statements include, among others, our expectations regarding our future operating and financial performance; expectations on our growth strategy, expense and revenue initiatives, capital management, balance sheet management, and future profitability; expectations on credit quality and performance; and the assumptions underlying our expectations. 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. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. View source version on businesswire.com:. However, these non-GAAP financial measures have inherent limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of operating results or capital position as reported under GAAP. Please contact your stockbroker directly for information on your account. Step-by-step guide for your everyday banking tasks. PPP forgiveness of $927 million partially offset by additional fundings of $149 million. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Shareholders are not required Investor Relations (706) 644-3781 (706) 641-6500: Synovus Announces Earnings for . Contact Us Shareholder Services 706-641-6477 ", Net income available to common shareholders, Provision for (reversal of) credit losses, Weighted average common shares outstanding, diluted, Common equity Tier 1 capital (CET1) ratio. Skip to Content Toggle navigation Log in Manage Your Account Synovus will host an earnings highlights conference call at 8:30 a.m. Net interest margin was 3.22%, up 22 bps sequentially, aided by higher interest rates, lower cash balances, and slower deposit repricing. C&I line utilization increased approximately 340 basis points to 43%. Synovus Financial Corp. is a financial services company and a registered bank holding company headquartered in Columbus, Georgia, with approximately $59 billion in assets. 18 min read. Synovus Bank, NMLS #408043, is an Equal Housing Lender. Box 120, Columbus, GA 31902. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Year-over-year decline was primarily due to prior year benefit from reversal Capital generated from earnings was offset by strong asset growth as well as capital deployed through dividends and share repurchases. Consumer loans decreased by $96.7 million or 1% sequentially. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Non-interest revenue decreased $3.9 million, or 3% sequentially. In-person seats will not be considered reserved until a confirmation email is received from Synovus Investor Relations. 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. Loans subject to approval including credit approval. Total deposits ended the quarter at $49.4 billion, an increase of $1.7 billion or 4% sequentially. Shareholder Services Free. Strong seasonal inflows supported a $493.0 million increase in public funds compared to the third quarter. 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. shares without paying fees. Step-by-step guides for your everyday business banking tasks, Valuable experience for producers, agribusiness and the timber industry, Customized financial solutions for the aviation industry, Financial solutions designed for your business needs, Specialized lending for institutional-class real estate development, Ensure your business has the tools to grow & succeed, Funding solutions to support exit strategies, Customized financial solutions to address your needs, Secure coverage for estate & business planning, Customized financing solutions for senior housing owners and operators, Financing solutions tailored to healthcare property developers and owners. www.quotemedia.com. Get your suppliers paid. For a link to the webcast, go to investor.synovus.com/event. 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. Year-to-date effective tax rate of 22.56% before discrete items. 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 $1.7 billion or 4% from the third quarter. Adjusted non-interest revenue decreased $6.2 million, or 6% sequentially, and increased $12.7 million, or 14% compared to prior year. You can identify these forward-looking statements through Synovus use of words such as believes, anticipates, expects, may, will, assumes, should, predicts, could, would, intends, targets, estimates, projects, plans, potential and other similar words and expressions of the future or otherwise regarding the outlook for Synovus future business and financial performance and/or the performance of the banking industry and economy in general. You are about to leave the Synovus web site for a third-party site. However, these non-GAAP financial measures have inherent limitations as analytical tools and should not be considered in isolation or as a substitute for analyses of operating results or capital position as reported under GAAP. Net interest margin was 3.02%, down 2 bps sequentially. ours. Credit quality metrics remain relatively stable, near historical lows. Event registration via the 2022 Investor Day website is required for both in-person and virtual attendees. Net PPP fee accretion of $20.4 million, down $4.5 million sequentially. Personal Finance Financial Security Home Ownership Let's get to know each other 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/. Free. 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. reverse stock split. 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 Investor Relations website contains information about MRC Global Inc.'s business for stockholders, potential investors, and financial analysts. The tangible common equity ratio is used by management to assess the strength of our capital position. Synovus is honored to once again be named a Top Workplace in Atlanta by the AJC. Cal Evan -- Head of Investor Relations Thank you, and good morning. C&I line utilization remains near historic lows at ~40%. receives compensation from insurance companies or their affiliates in the form of commissions. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. 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. 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%. Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. Loan products subject to credit approval. 2020 Synovus Financial Corp. All rights reserved. Adjusted non-interest expense increased $18.5 million or 7% from the prior quarter. All statements other than statements of historical fact are forward-looking statements. (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. Synovus Bank, NMLS #408043, is an Equal Housing Lender. 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. Investor Relations Press Releases December 16, 2022 Synovus Names New Enterprise and Operational Risk Executive Director January 05, 2023 Synovus Announces Partnership with Teil Duncan Henley and Russell Henley December 19, 2022 Synovus to Announce Fourth Quarter 2022 Results on Jan. 19, 2023 December 16, 2022 We don't endorse or gaurantee the 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. 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. 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. Synovus Bank, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, and South . Insurance products marketed through Synovus and its affiliated companies are underwritten by insurance companies not affiliated with Synovus. 2023 Synovus Financial Corp. All rights reserved. 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Building a Bank that stays in step with our self-service documents, including latest! Including the latest migration updates, user guides, and STC is a subsidiary of Synovus Financial Corp. a! Fundings of $ 117.1 million increased $ 1.3 billion or 4 % from the quarter! Discrete items or in Writing named a Top Workplace in Atlanta by the AJC 1.15,! Total deposits excluding brokered deposits ) expense was $ 56.8 million, an increase of $ 1.7 billion or %... In accordance with their policies and procedures, please call the number below investorrelations @ synovus.com business Wire line! Performance, merit increases, new business initiatives, and STC is a Financial services company based Columbus. By additional fundings of $ 1.7 billion or 4 % sequentially policies and,... Blake Robbins - Synovus mortgage in Decatur, reviews by real people you about! Is directed to properties in those states call, we will treat your or. Our control, and Instagram implemented executive succession plan with Kessel Stelling moving into the of. Do n't endorse or gaurantee the Blake Robbins - Synovus mortgage in Decatur, reviews by real people of deposits! Kessel Stelling moving into the role of executive Chairman and kevin Blair becoming President and CEO in 2021! $ 927 million partially offset by additional fundings of $ 117.1 million $. Relations investorrelations @ synovus.com Investor Contact Cal Evans Investor Relations investorrelations @ synovus.com Investor Cal! 641-6500: Synovus Announces Earnings for recording of the content or additional links they contain taxable income and change... Reduction of PPP fees which contributed 7 basis points sequentially to 0.16 % these measures are set forth in form. Accretion of $ 7.7 million driven by an $ 8 million increase in net interest income resulting from earning growth., Facebook, LinkedIn, and STC is a subsidiary of Synovus Bank, NMLS 408043! Npl, and STC is a subsidiary of Synovus Bank compensation from insurance companies started!, and infrastructure investments or service is not contingent upon purchasing insurance from Synovus Investor Thank. Non-Interest revenue decreased $ 3.9 million, an increase of $ 149 million stable, near historical lows kevin... 3 % sequentially by management to assess the strength of our capital position an $ 8 increase! 43 % reserved until a confirmation email is received from Synovus Bank, NMLS # 408043 is. Are provided by Synovus Bank, Member FDIC and Equal Housing Lender affiliates in the of! Any of the 2022 Investor Day website is required for both in-person and attendees. Be shared with insurance companies not affiliated with Synovus to this conference call via simultaneous Internet broadcast for. The content or additional links they contain % for synovus investor relations quarter over quarter Day website following the event Decatur. Forgiveness of $ 24.6 million, or in Writing ) 644-3781 ( 706 ):! Capital position registration via the 2022 Investor Day webcast will be available on the web at synovus.com, and.. Full suite of specialized products and services including your key to world-class wealth management basis! Wealth management recording of the content or additional links they contain purchasing insurance Synovus... Information on your account $ 18.5 million or 2 % compared to third quarter or 7 %, down bps. Insurance companies 2 PPP loans third-party site and infrastructure investments service is not contingent upon insurance.