Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2023

The following tables present certain financial information for each reportable business segment for the three and nine months ended September 30, 2023 and 2022. The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. As these enhancements are made, financial results presented by each reportable business segment may be periodically revised. Loan and deposit transfers occur from time to time between reportable business segments primarily to maintain the migration of clients and relationship managers between segments. Prior periods have been adjusted accordingly.


	Three Months Ended September 30, 2023
(in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Net interest income	$	213,485	$	107,446	$	153,545	$	17,771	$	(49,088)	$	443,159
Non-interest revenue	10,329		14,161		18,901		48,348		15,400		107,139
Non-interest expense	62,542		39,394		51,737		43,094		156,765		353,532
Pre-provision net revenue (PPNR)	$	161,272	$	82,213	$	120,709	$	23,025	$	(190,453)	$	196,766


	Three Months Ended September 30, 2022
(in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Net interest income	$	175,342	$	105,756	$	124,446	$	17,076	$	55,299	$	477,919
Non-interest revenue	9,790		11,768		21,498		46,615		14,627		104,298
Non-interest expense	29,888		32,954		50,871		42,620		137,677		294,010
Pre-provision net revenue (PPNR)	$	155,244	$	84,570	$	95,073	$	21,071	$	(67,751)	$	288,207


	Nine Months Ended September 30, 2023
(in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Net interest income	$	606,919	$	329,093	$	466,289	$	51,452	$	(74,311)	$	1,379,442
Non-interest revenue	39,980		53,202		60,611		150,639		48,109		352,541
Non-interest expense	129,531		108,096		152,159		129,747		463,033		982,566
Pre-provision net revenue (PPNR)	$	517,368	$	274,199	$	374,741	$	72,344	$	(489,235)	$	749,417


	Nine Months Ended September 30, 2022
(in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Net interest income	$	501,326	$	302,774	$	325,578	$	52,895	$	112,982	$	1,295,555
Non-interest revenue	27,473		37,819		65,236		136,975		39,394		306,897
Non-interest expense	83,630		96,043		146,365		131,023		391,450		848,511
Pre-provision net revenue (PPNR)	$	445,169	$	244,550	$	244,449	$	58,847	$	(239,074)	$	753,941


	September 30, 2023
(dollars in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Loans, net of deferred fees and costs	$	26,271,923	$	7,938,010	$	2,817,383	$	5,349,276	$	1,303,318	$	43,679,910
Total deposits	$	13,037,012	$	10,205,004	$	18,745,835	$	183,329	$	8,032,710	$	50,203,890
Total full-time equivalent employees	344		585		1,549		657		1,781		4,916

	December 31, 2022
(dollars in thousands)	Wholesale Banking		Community Banking		Consumer Banking		Financial Management Services		Treasury and Corporate Other		Synovus Consolidated
Loans, net of deferred fees and costs	$	25,865,667	$	8,138,606	$	2,933,504	$	5,157,014	$	1,621,562	$	43,716,353
Total deposits	$	12,942,732	$	10,798,409	$	18,561,521	$	102,496	$	6,466,401	$	48,871,559
Total full-time equivalent employees	337		598		1,532		768		1,792		5,027