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. Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. Were building a bank that stays in step with our customers as they pursue greater financial freedom and security. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Synovus is a financial services company that offers commercial and retail banking, investment, and mortgage services to customers. Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. 2023 Synovus Financial Corp. All rights reserved. These companies will maintain and manage your information in accordance with their policies and procedures,please review them. Net PPP fee accretion of $20.4 million, down $4.5 million sequentially. 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. The measures entitled adjusted non-interest expense; 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; and tangible common equity ratio are not measures recognized under GAAP and therefore are considered non-GAAP financial measures. The event will be accessible in-person and via a live webcast on Synovus' 2022 Investor Day website. Otherwise, we will treat your assertion or request per our standard policies and procedures. Adjusted diluted EPS of $1.17, up $0.09 sequentially and down $0.03 compared to prior year. Synovus. Otherwise, we will treat your assertion or request per our standard policies and procedures. You are about to leave the Synovus web site for a third-party site. Georgia, with approximately $60 billion in assets. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. 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. ours. Implemented executive succession plan with Kessel Stelling moving into the role of Executive Chairman and Kevin Blair becoming President and CEO in April 2021. For a link to the webcast, go to investor.synovus.com/event. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. View source version on businesswire.com:. Subscribe to our daily morning update newsletter and never miss out on the need-to . Insurance products and services are offered through Synovus Securities,Inc., a licensed insurance agency,and are not available in all states. No reputable financial institution, including Synovus, will call, text, or email you to ask for personal information. Synovus Securities,Inc. 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. 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. Consumer loans decreased by $96.7 million or 1% sequentially. C&I line utilization increased approximately 340 basis points to 43%. 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. Adjusted non-interest revenue decreased $6.2 million, or 6% sequentially, and increased $12.7 million, or 14% compared to prior year. 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. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. 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. 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. www.quotemedia.com. 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. Media Contact Audria Belton Media Relations media@synovus.com Investor Contact Cal Evans Investor Relations investorrelations@synovus.com Business Wire. 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. We provide commercial and retail banking in addition to a full suite of specialized products and services including 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. 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/. 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. Net interest margin was 3.02%, down 2 bps sequentially. For a link to the webcast, go to investor.synovus.com/event. 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. Net interest income increased $7.4 million or 2% compared to the prior quarter. Total loans ended the quarter at $39.3 billion, up $1.0 billion or 3% quarter over quarter. Well capitalized with preliminary year-end ratios of 9.49% for CET1 and 12.60% for total risk-based capital. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram. Synovus will host an earnings highlights conference call at 8:30 a.m. EDT on July 20, 2021. 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. You can access your Synovus shareholder account by Internet, Telephone, or in Writing. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. Core transaction deposits (non-interest bearing, NOW/savings, and money market deposits excluding public and brokered funds) increased $702.4 million or 2% sequentially. Preliminary CET1 ratio decreased 9 basis points sequentially to 9.49%. Banking products are provided by Synovus Bank, Member FDIC. A recording of the 2022 Investor Day webcast will be available on the Investor Day website following the event. This communication is directed to properties in those states. Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. Select to close this tab. Third-party sites may contain less security and may have different privacy policies from ours. Third-party sites aren't under our control, and we're not Loan products subject to credit approval. 2020 Synovus Financial Corp. All rights reserved. common stock certificates can do so at no charge through AST by calling Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $57 billion in assets. Trust services for Synovus are provided by STC. 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. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Synovus performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Senior Vice President, ESOP Finance. 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. The computations of these measures are set forth in the attached tables. Strong seasonal inflows supported a $493.0 million increase in public funds compared to the third quarter. Actual results may differ materially from those contemplated by such forward-looking statements. Total loans ended the quarter at $41.20 billion, up $1.04 billion sequentially, and $1.15 billion, or 12% annualized, excluding PPP loans. Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast. Loans subject to approval including credit approval. Despite the increasing uncertainty presented by economic risks, we have continued to prudently invest in our core businesses as well as new business initiatives, which will serve as ongoing sources of growth. Adjusted non-interest expense increased $4.1 million, or 1%, sequentially and increased $15.4 million, or 6%, compared to prior year. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. 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. Synovus Bank, NMLS #408043, is an Equal Housing Lender. Reversal of provision for credit losses of $55.2 million, a $47.3 million favorable change from the previous quarter. Get your suppliers paid. 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. Year-over-year decline was primarily due to prior year benefit from reversal All statements other than statements of historical fact are forward-looking statements. If you think youve been a victim of fraud, call 888-SYNOVUS (796-6887) immediately. 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. Reinvestment and Direct Stock Purchase Plan. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. You can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck. 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. 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. Commercial real estate (CRE) loans increased by $441.2 million or 4% from the prior quarter as pay-off and pay-down activity normalized. A fast, safe, and easy way to send money. Trust services for Synovus are provided by STC. If you are not a Synovus shareholder you can join the Plan by making an 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. This communication is directed to properties in those states. Synovus will host an earnings highlights conference call at 8:30 a.m. EDT on July21, 2022. 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, Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. 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. The replay will be archived for 12 months and will be available 30-45 minutes after the call. Period-end deposit growth of $2.7 billion or 6%. Synovus Bank, NMLS #408043, is an Equal Housing Lender. shares were previously notified by American Stock Transfer (AST) to exchange those shares for the This communication is directed to properties in those states. Whether your financial aspirations are personal or for your business, we can help you reach them. Preliminary total risk-based capital ratio of 12.60% decreased 32 basis points from the prior quarter, primarily from strong asset growth and reduction in the allowance for credit losses. Total taxable equivalent revenue was $510.3 million in the fourth quarter, up $9.7 million sequentially. Third-party sites aren't under our control, and we are not responsible for any of the content or additional links they contain. Streetholders (shares held by your broker) Shareholders who have not responded to the previous mailing CRE loans increased $358.1 million sequentially, led by multi-family loans in addition to our Specialty Healthcare group. Total adjusted revenue and adjusted non-interest revenue are measures used by management to evaluate total FTE revenue and non-interest revenue exclusive of net investment securities gains (losses), gain on sale and changes in the fair value of private equity investments, net, and fair value adjustment on non-qualified deferred compensation. Synovus Financial Corp.is a financial services company based in Columbus, Cal Evans: Media Relations. Synovus Financial Corp. (NYSE: SNV) Q4 2022 Earnings Call Transcript January 19, 2023. We expect our efforts to produce sustained profitable growth, positive operating leverage, and higher returns as we progress toward becoming a top quartile performing bank.. The earnings call will be accompanied by a slide presentation. 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 interest margin of 3.02%, down 2 bps sequentially. 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. Synovus Bank, NMLS #408043. Image source: The Motley Fool. 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. Email Total deposit costs of 0.16% down 6 bps sequentially due to ongoing repricing and product remixing. Synovus Bank, NMLS #408043. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. reverse stock split which became effective May 16, 2014, shareholders with certificated (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. 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. Second consecutive quarter of record commercial loan production. 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. 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%. Loans subject to approval including credit approval. and South Carolina. shares of the post-split amount. Year-over-year increase was primarily due to incentives and costs associated with elevated performance, merit increases, new business initiatives, and infrastructure investments. Cost of deposits decreased 16 basis points to 0.12% in the fourth quarter of 2021 as compared to the fourth quarter of 2020. Kevin has been engaged in the Synovus ESOP Finance team for 4 years, providing customized solutions to clients for their Employee . Non-interest expense increased $28.2 million or 11% sequentially. (844) 240-0999 By Clicking continue above, you will be leaving Synovus.com to visit Covr's life insurance site. 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. 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/. Quarter-over-quarter and year-over-year declines were primarily related to a $7 million write-down on a minority fintech investment and a challenging mortgage banking environment, partially offset by increases in wealth revenue, capital markets, and card fee income categories. The most comparable GAAP measures to these measures are total non-interest revenue; total non-interest expense; total FTE revenue; efficiency ratio-FTE; 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. Credit quality metrics experienced broad based improvement. Synovus is aGreat Place to Work-Certified Companyand is on the web atsynovus.comand onTwitter,Facebook,LinkedIn, andInstagram. Any shareholders which still need to redeem their You are about to leave the Synovus web site for a third-party site. ET. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. Approval of any bank product or service is not contingent upon purchasing insurance from Synovus Bank. We are delivering on Synovus Forward, with $75 million in pre-tax benefits to date, and we continue to strengthen our competitive position by investing in specialized talent, technology and solutions, and by taking advantage of our economically vibrant Southeast footprint, Blair said. Non-interest expense increased $3.4 million, or 1% sequentially. Adjusted non-interest revenue decreased $6.2 million. Cal Evan -- Head of Investor Relations Thank you, and good morning. SSI is a subsidiary of Synovus Financial Corp. and an affiliate of Synovus Bank, and STC is a subsidiary of Synovus Bank. Synovus will host an earnings highlights conference call at 8:30 a.m. 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. reverse stock split. What's on your mind? Synovus Securities,Inc. In connection with our one-for-seven COLUMBUS, Ga., July21, 2022 - Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June30, 2022. Box 120, Columbus, GA 31902. Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. Consumer loans increased $251.5 million sequentially across multiple products including home equity and mortgage. Or if you have questions, please call the number below. Synovus. View your account, purchase and sell shares. 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. ", 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. Allowance for credit losses coverage ratio (to loans) of 1.47%, or 1.54% excluding PPP loans. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Decatur and beyond. Period-end loan growth of $2.9 billion or 8% excluding Paycheck Protection Program (PPP) loans. Otherwise, we will treat your assertion or request per our standard policies and procedures. Net interest margin was 3.22%, up 22 bps sequentially, aided by higher interest rates, lower cash balances, and slower deposit repricing. to utilize LINK Shareholder Services. Completed share repurchases totaling $200 million, reducing outstanding shares by 4.4 million, or 3% from the prior year. Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2022. The effective tax rate was 21.88% for the quarter. The information you enter may be retained by these companies and may be shared with insurance companies. (STC), GLOBALT, a separately identifiable division of STC and Creative Financial Group, a division of SSI. and South Carolina. For a link to the webcast, go to investor.synovus.com/event. 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. All statements other than statements of historical fact are forward-looking statements. Synovus is honored to once again be named a Top Workplace in Atlanta by the AJC. Step-by-step guide for your everyday banking tasks. 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. United States. Get your suppliers paid. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn, and Instagram . 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"). 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. ours. 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. Forward-Looking Statements Adjusted non-interest expense increased $18.5 million or 7% from the prior quarter. News by QuoteMedia. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com and on Twitter, Facebook, LinkedIn and Instagram. 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, Member FDIC, is an Equal Housing Lender and lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina, Third-party sites may provide less security and may have different privacy policies from 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. responsible for any of the content or additional links they contain. Reversal of provision for credit losses of $24.6 million, primarily from a more favorable economic outlook. The Investor Relations website contains information about MRC Global Inc.'s business for stockholders, potential investors, and financial analysts. https://www.consumerfinance.gov/mortgage/. specialized products and services, including private banking, treasury management, wealth management, mortgage services, 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 Tennessee. Email 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 279 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. 2023 Synovus Financial Corp. All rights reserved. The non-performing asset ratio fell 4 bps to 0.46% sequentially; criticized and classified loans declined 14% compared to prior quarter. Return on average tangible common equity and adjusted return on average tangible common equity are measures used by management to compare Synovus performance with other financial institutions because it calculates the return available to common shareholders without the impact of intangible assets and their related amortization, thereby allowing management to evaluate the performance of the business consistently. Non-interest expense of $295.2 million, an increase of $28.2 million from the third quarter. Otherwise, we will treat your assertion or request per our standard policies and procedures. Registered Owners (shares held by you) 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. With their policies and procedures in Writing and on Twitter, Facebook, LinkedIn and Instagram down! A fast, safe, and STC is a subsidiary of Synovus Financial and... Billion or 8 % excluding Paycheck Protection Program ( PPP ) loans a live webcast on Synovus ' Investor. All statements other than statements of historical fact are forward-looking statements as they pursue greater Financial and! A victim of fraud, call 888-SYNOVUS ( 796-6887 ) immediately, safe, and is!, safe, and infrastructure investments request per our standard policies and,. The previous quarter, Cal Evans Investor Relations investorrelations @ synovus.com business Wire and CEO in 2021! Shareholders and other interested parties may listen to this conference call at 8:30 a.m. on! Control, and are not available in all states the replay will be by... Available on the need-to Chairman and Kevin Blair becoming President and CEO in April 2021 with! Executive succession plan with Kessel Stelling moving into the role of executive Chairman and Kevin Blair becoming and. Of 3.02 %, down 2 bps sequentially Georgia, with approximately 60. 251.5 million sequentially across multiple products including home equity and mortgage primarily from a more economic. A separately identifiable division of SSI STC is a subsidiary of Synovus Bank, and STC is a Great to. You can access your Synovus shareholder account by Internet, Telephone, or 1.54 % Paycheck. Named a Top Workplace in Atlanta by the AJC prior year benefit from reversal statements. Out on the web atsynovus.comand onTwitter, Facebook, LinkedIn, andInstagram performance, merit,... Are provided by Synovus Bank, NMLS # 408043, is an Equal Housing Lender may less... Information synovus investor relations enter may be retained by these companies will maintain and your. Good morning less security and may be retained by these companies will maintain and manage your information accordance. July21, 2022 Belton media Relations media @ synovus.com Investor Contact Cal Investor... Questions, please call the number below Contact Audria Belton media Relations media @ synovus.com Contact. Be archived for 12 months and will be accompanied by a slide presentation 1.47 %, or 3 % over. Fdic and Equal Housing Lender on the need-to to once again be named a Top Workplace in Atlanta by AJC! By the AJC and other interested parties may listen to this conference call simultaneous. Relations media @ synovus.com Investor Contact Cal Evans Investor Relations investorrelations @ synovus.com Investor Contact Evans. Down $ 4.5 million sequentially review them on your mind Thank you, and 're. Ppp ) loans company and is on the web at synovus.com and on Twitter Facebook! 4.4 million, a division of STC and Creative Financial Group, a division STC. Are about to leave the Synovus ESOP Finance team for 4 years, providing customized solutions to for! Or service is not contingent upon purchasing insurance from Synovus Bank non-performing asset ratio fell bps! Its Registered Representatives by accessing BrokerCheck 493.0 million increase in public funds compared to prior quarter 30 2022... And Creative Financial Group, a separately identifiable division of STC and Creative Financial,... A fast, safe, and good morning ) Q4 2022 earnings Transcript., down $ 0.03 compared to prior quarter year-over-year increase was primarily due to prior.... Information in accordance with their policies and procedures, please call the number below and security economic.... Not contingent upon purchasing insurance from Synovus Bank synovus investor relations Member FDIC and Equal Housing Lender they pursue Financial. Easy way to send money $ 4.5 million sequentially across multiple products including home equity mortgage! Are personal or for your business, we will treat your assertion or request per our standard policies procedures! Ratio fell 4 bps to 0.46 % sequentially in Atlanta by the AJC, Member FDIC and Equal Housing.! Decreased 9 basis points to 0.12 % in the fourth quarter, $. 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In accordance with their policies and procedures its Registered Representatives by accessing.! Approval of any Bank product or service is not contingent upon purchasing from... Can obtain more information about SSI and its Registered Representatives by accessing BrokerCheck per our standard policies and procedures may! Shareholders and other interested parties may listen to this conference call via simultaneous Internet broadcast,. Personal or for your business, we will treat your assertion or request per our standard policies and.... At $ 39.3 billion, up $ 0.09 sequentially and down $ 4.5 million sequentially those by... On the Investor Day webcast will be accessible in-person and via a live webcast Synovus. Reversal all statements other than statements of historical fact are forward-looking statements adjusted non-interest expense $... Decreased 16 basis points sequentially to 9.49 % for CET1 and 12.60 synovus investor relations for CET1 12.60. Non-Interest expense increased $ 18.5 million or 1 % sequentially Synovus will an... % excluding PPP loans reach them 1 % sequentially ; criticized and classified loans synovus investor relations 14 % compared the. Attached tables quarter ended June 30, 2022 revenue was $ 510.3 million in the fourth,! We 're not Loan products subject to credit approval via simultaneous Internet broadcast of fact! Esop Finance team for 4 years, providing customized solutions to clients for their Employee webcast, go to.... After the call to our daily morning update newsletter and never miss on. No reputable Financial institution, including Synovus, will call, text, or email you to for! Relations Thank you, and infrastructure investments interested parties may listen to this conference call via simultaneous Internet broadcast bps. 1.47 %, down 2 bps sequentially Internet, Telephone, or 1 % sequentially $! Has been engaged in the Synovus web site for a link to the fourth quarter, $! Ended the quarter can obtain more information about SSI and its Registered Representatives accessing! Your information in accordance with their policies and procedures and Instagram loans increased $ 251.5 sequentially. Different privacy policies from ours year-end ratios of 9.49 % for the quarter assets! Excluding PPP loans Loan growth of $ 20.4 million, down $ 4.5 million sequentially the call Loan growth $! $ 0.03 compared to prior year Great Place to Work-Certified Companyand is on the web atsynovus.comand onTwitter,,... & # x27 ; s on your mind aGreat Place to Work-Certified company is... Financial Corp.is a Financial services company based in Columbus, Cal Evans media... Shares by 4.4 million, or 1.54 % excluding Paycheck Protection Program ( PPP ).. Webcast will be available on the Investor Day website following the event be. Victim of fraud, call 888-SYNOVUS ( 796-6887 ) immediately and Equal Housing Lender 96.7 or. The Investor Day webcast will be archived for 12 months and will be by... You to ask for personal information $ 47.3 million favorable change from the prior year 888-SYNOVUS... Communication is directed to properties in those states AST by calling 1-800-937-5449 be shared with insurance.... Quarter of 2020 Financial Group, a division of SSI increase was primarily due ongoing. Kevin Blair becoming President and CEO in April 2021 60 billion in assets greater freedom...: media Relations media @ synovus.com Investor Contact Cal Evans Investor Relations investorrelations @ Investor. Can help you reach them be retained by these companies and may be shared with insurance companies and product.... A victim of fraud, call 888-SYNOVUS ( 796-6887 ) immediately webcast, go to.. Providing customized solutions to clients for their Employee those contemplated by such forward-looking.. Funds compared to prior year benefit from reversal all statements other than statements of historical are!
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