Synovus Financial Revenue, Growth & Competitor Profile

DBA SYNOVUS FINANCIAL CORP. OF ALABAMA

Company Profile & Annual Report for Synovus Financial

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Synovus Financial Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	551111 Offices of Bank Holding Companies
Additional NAICS Codes	52211 Commercial Banking
Address	Po Box 120 Columbus, GA 31902

Note: Revenues for privately held companies are statistical evaluations.


Synovus Financial's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Synovus Financial's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Synovus Financial is classified as operating in the Offices of Bank Holding Companies industry, NAICS Code 551111.

Synovus Financial Annual Revenue and Growth Rate

Synovus Financial	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Synovus Financial's revenues are gauged from an analysis of company filings.

Synovus Financial's Income Statement (based on Industry Averages)

Synovus Financial P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Synovus Financial is developing and marketing. Synovus Financial's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SYNOVUS ACCELERATE TRADE Providing temporary use of non-downloadable computer software for use as a database, management and international trade program for use in the financial services industry	11/28/2023
SYNOVUS ACCELERATE PAY Providing temporary use of non-downloadable computer software for use as a database and accounts payable management and analysis for use in the financial services industry	11/28/2023
SYNOVUS SIMPLIMERCHANT Banking services, namely, hardware and software package to be able to accept, process, and manage card payments	11/28/2023

See all trademarks and details in the Full Report.

Market Share of Synovus Financial's Largest Competitors

A competitive analysis shows these companies are in the same general field as Synovus Financial, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
BANK OF AMERICA	Charlotte, NC	100
WELLS FARGO	San Francisco, CA	94
TD BANK US HOLDING	Falmouth, ME	18
STATE STREET	Quincy, MA	9
MIDFIRST BANK	Oklahoma City, OK	5
DEUTSCHE BANK TRUST CO AMERICAS	New York, NY	4
SYNOVUS FINANCIAL	Columbus, GA	3
WOODFOREST FINANCIAL GROUP	The Woodlands, TX	3
FIRSTBANK HOLDING	Lakewood, CO	2

Nearby Competitors

These companies are similar in business line and location to Synovus Financial. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
SYNOVUS FINANCIAL	Columbus, GA	100
A-COM ENTERPRISES	Columbus, GA	1
J. PHILLIP HAND ENTERPROSES	Columbus, GA	0

Future Competition: Synovus Financial's Fastest Growing Competitors

These companies are in the same general field as Synovus Financial and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)