Synovus Financial Corp. Releases 2022 Annual Report

Rhea-AI Summary

Synovus Financial Corp. (NYSE:SNV) has published its 2022 Annual Report, highlighting record financial achievements despite economic fluctuations. CEO Kevin Blair emphasized the company's adept maneuvering through challenging conditions and the momentum heading into 2023. With approximately $60 billion in assets, Synovus offers a wide range of banking services across several states, including Georgia, Alabama, South Carolina, Florida, and Tennessee. The report outlines the company's relationship-centric approach to banking and its commitment to helping clients and communities thrive. Synovus is recognized as a Great Place to Work.

Positive

• Achieved record financial results in key areas during 2022.
• Demonstrated effective navigation through changing economic conditions.
• Continued momentum heading into 2023.
• Strong asset base of approximately $60 billion.

Negative

• None.

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE:SNV) has released its 2022 Annual Report detailing the company’s progress and outlining 2023 as a year dedicated to focused execution.

Synovus 2022 Annual Report page featuring Chairman, CEO and President Kevin Blair. (Graphic: Business Wire)

“Throughout 2022, our team successfully maneuvered through ever-changing economic conditions while delivering record financial results in key areas,” said Chairman, CEO and President Kevin Blair. “Our success in 2022 and the momentum we carry into 2023, even as the industry faces new challenges, are the direct results of our relationship approach to banking delivered by our incredibly talented and passionate team members.”

To learn more about Synovus’ 2022 story, including how its team members helped clients and communities reach their full potential, read the Synovus 2022 Annual Report.

Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $60 billion in assets. 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 has branches in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus is a Great Place to Work-Certified Company and is on the web at synovus.com, and on Twitter, Facebook, LinkedIn and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230411005040/en/

Media Contact

Audria Belton

Media Relations

media@synovus.com

Source: Synovus Financial Corp.

FAQ

What are the key highlights from Synovus Financial Corp.'s 2022 Annual Report?

Synovus reported record financial results and successfully navigated economic challenges in 2022, with significant momentum into 2023.

How much in assets does Synovus Financial Corp. manage?

Synovus Financial Corp. has approximately $60 billion in assets.

Which states does Synovus Financial Corp. operate in?

Synovus operates in Georgia, Alabama, South Carolina, Florida, and Tennessee.

What approach does Synovus Financial Corp. take towards banking?

Synovus employs a relationship-centric approach to banking, focusing on client and community success.

Is Synovus Financial Corp. recognized as a great workplace?

Yes, Synovus is recognized as a Great Place to Work.