Synovus Bank (merged into Pinnacle Bank)
Synovus Bank reported total assets of $61.2 bn at Q4 2025, its last Call Report before it merged into Pinnacle Bank. The CET1 capital ratio at Synovus Bank was 12.02%, and the uninsured share of Synovus Bank was 50.83%. Source: FDIC Call Reports.
Key takeaways
- Since , Synovus Bank has taken over 2 institutions; the latest was Florida Community Bank, National Association on (FDIC Call Reports).
What sets Synovus Bank apart
How large is Synovus Bank?
The balance sheet of Synovus Bank at : assets $61.2 bn, deposits $51.9 bn, net loans $44.3 bn (loans equal to 85.24% of deposits). Securities make up 16.1% of total assets at Synovus Bank. Since , when Synovus Bank held $28.9 bn, its assets grew 111.8%. In the year to , deposits at Synovus Bank fell 0.2% while its total assets rose 1.8%. At , Synovus Bank employed 4,667 full-time equivalent staff across 253 offices, about $13.1 mn of assets per employee and $205.2 mn of deposits per office.
How much funding at Synovus Bank is uninsured?
At Synovus Bank, uninsured deposits (above the FDIC limit) made up 50.83% of domestic deposits at (+0.06 pp on a year earlier). In dollars, Synovus Bank estimated $26.4 bn of uninsured deposits.
Key facts, Q4 2025
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $51.9 bn | $52.0 bn (Q4 2024) | |
| Net loans and leases | $44.3 bn | $42.2 bn (Q4 2024) | |
| Loan-to-deposit ratio | 85.24% | 81.17% (Q4 2024) | |
| Tier 1 leverage ratio | 9.84% | 9.44% (Q4 2024) | |
| Total risk-based capital ratio | 14.08% | 13.31% (Q4 2024) | |
| Net interest margin | 3.50% | 3.29% (Q4 2024) | |
| Return on assets (ROA) | 1.39% | 0.85% (Q4 2024) | |
| Efficiency ratio | 50.41% | 52.41% (Q4 2024) | |
| Unrealized gain/loss on held-to-maturity securities | Gain of $10.2 mn | Turned from a loss into a gain | |
| Unrealized gain/loss on available-for-sale securities | Loss of $251.5 mn | Narrowed by $277.4 mn | |
| Noncurrent loans to total loans | 0.58% | 0.84% (Q4 2024) | |
| Net charge-offs to average loans | 0.18% | 0.31% (Q4 2024) |
US rank of Synovus Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Synovus Bank: assets, deposits and loans
- Total assets $61.2bn
- Deposits $51.9bn
- Net loans $44.3bn
Capital and securities
The CET1 ratio of Synovus Bank stood at 12.02% in , +0.21 pp year on year. Low and high at Synovus Bank since : 10.59% () to 12.25% (). Equity capital of Synovus Bank at : $5.8 bn, or 9.5% of total assets. Synovus Bank also reported a total capital ratio of 14.08% for , and a tier 1 leverage ratio of 9.84%.
On held-to-maturity securities, Synovus Bank carried an unrealized gain of $10.2 mn at , equal to 0.2% of equity capital. The gain turned from a loss into a gain over the year. Its deepest point: $56.9 mn in . The available-for-sale portfolio of Synovus Bank showed an unrealized loss of $251.5 mn at ; the loss narrowed by $277.4 mn over the year.
Synovus Bank: capital ratios
- Total capital 14%
- CET1 12%
- Tier 1 leverage 9.8%
Synovus Bank: unrealized securities gains and losses
- Available for sale -$251mn
- Held to maturity $10mn
Profitability and loan quality
For the year to , Synovus Bank earned a return on equity of 15.05%; return on assets: 1.39%. Net interest margin at Synovus Bank: 3.50%, +0.22 pp in a year. Synovus Bank net income: $840.1 mn, up 65.4% year on year. The efficiency ratio of Synovus Bank was 50.41%: about 50 cents cost per revenue dollar, against 55 cents at the median peer.
At , noncurrent loans were 0.58% of total loans at Synovus Bank; net charge-offs: 0.18% of average loans. Gross loans and leases at Synovus Bank: $44.7 bn at , against $42.7 bn at .
Synovus Bank: profitability
- Return on equity 15%
- Net interest margin 3.5%
- Return on assets 1.4%
Peer group of Synovus Bank
The peer group of Synovus Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of Synovus Bank (state member bank) and 0 have head offices in Georgia. Against them, Synovus Bank shows CET1 ratio 12.02% against a peer median of 12.39%, return on equity 15.05% against a peer median of 8.98% and uninsured deposit share 50.83% against a peer median of 42.12%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Columbia Bank | State nonmember bank | OR | $66.8 bn | 12.32% | 8.80% | 36.41% | |
| Valley National Bank | National bank | NJ | $64.1 bn | 12.46% | 7.71% | 40.33% | |
| CIBC Bank USA | State member bank | IL | $64.0 bn | 17.22% | 8.50% | 66.42% | |
| Synovus Bank | State member bank | GA | $61.2 bn | 12.02% | 15.05% | 50.83% | |
| Banco Popular de Puerto Rico | State member bank | PR | $59.8 bn | 15.59% | 19.88% | 57.24% | |
| Pinnacle Bank | State member bank | TN | $57.6 bn | 11.13% | 10.21% | 43.91% | |
| Cadence Bank | State member bank | MS | $53.5 bn | 11.69% | 9.17% | 37.79% | |
. FDIC Call Reports.
Last eight quarters
Two years at Synovus Bank, to : assets $59.7 bn to $61.2 bn, deposits $51.2 bn to $51.9 bn, equity $4.8 bn to $5.8 bn. Staff 4,555 to 4,667.
| Metric | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $59.7 bn | $59.5 bn | $59.5 bn | $60.1 bn | $60.2 bn | $60.9 bn | $60.3 bn | $61.2 bn |
| Total deposits | $51.2 bn | $50.7 bn | $50.7 bn | $52.0 bn | $51.5 bn | $50.8 bn | $50.5 bn | $51.9 bn |
| Bank equity capital | $4.8 bn | $4.9 bn | $5.3 bn | $5.2 bn | $5.5 bn | $5.6 bn | $5.8 bn | $5.8 bn |
| CET1 ratio | 11.09% | 11.46% | 11.60% | 11.81% | 12.16% | 12.03% | 12.25% | 12.02% |
| Return on equity (ROE) | 10.24% | 4.55% | 8.02% | 10.08% | 15.65% | 15.93% | 15.80% | 15.05% |
| Uninsured share of domestic deposits | 46.48% | 47.57% | 48.73% | 50.77% | 50.91% | 51.08% | 50.93% | 50.83% |
| Full-time equivalent employees | 4,555 | 4,552 | 4,553 | 4,518 | 4,546 | 4,630 | 4,674 | 4,667 |
| Number of offices | 253 | 254 | 255 | 252 | 252 | 252 | 253 | 253 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Synovus Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed World's Foremost Bank (FDIC certificate 57079).
- . Absorbed Florida Community Bank, National Association (FDIC certificate 58991).
- . Merged into Pinnacle Bank (FDIC certificate 35583).
Large one-quarter moves at Synovus Bank
- Total assets at Synovus Bank changed by +42.9% in the quarter to 2019-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from Florida Community Bank, National Association.
Questions and identifiers
What were the total assets of Synovus Bank?
Synovus Bank reported $61.2 bn at in its Call Report.
Is Synovus Bank the same as its holding company?
No. This page covers Synovus Bank, FDIC certificate 873; SYNOVUS FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Synovus Bank profitable?
Synovus Bank reported net income of $840.1 mn for the year to ; annualized return on equity: 15.05%. So yes: Synovus Bank made a profit over these months.
When is data for Synovus Bank next updated?
Synovus Bank no longer files Call Reports; its data ends at .
Where can I check the figures for Synovus Bank?
In the FDIC BankFind Suite record for certificate 873, and in the Call Reports of Synovus Bank (RSSD ID 395238) at the FFIEC Central Data Repository.