Name | Value |
---|---|
Revenues | 934.5M |
Cost of Revenue | 87.9M |
Gross Profit | 846.6M |
Operating Expense | 80.7M |
Operating I/L | 228.8M |
Other Income/Expense | -1.2M |
Interest Income | 0.0M |
Pretax | 227.6M |
Income Tax Expense | 46.9M |
Net Income/Loss | 181.6M |
Synovus Financial Corp. operates as a bank holding company for Synovus Bank, offering commercial and retail banking products and services. Its commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. The company's retail banking services encompass various deposit accounts, consumer loans, investment and brokerage services, safe deposit services, automated banking, and credit and debit card services. Additionally, it provides portfolio management for fixed-income securities, investment banking, securities transactions, and financial planning services. Synovus generates revenue through interest income from loans, fees from banking services, and investment activities.