Financial Analysis Synovus Financial Corporation

Synovus Synovus Financial Corporation is a financial services company with approximately $29 billion in assets. Synovus is – and always has been – a place where business is personal. While they have different names in different places, they are one company – Synovus. They have the strength of a major financial institution while maintaining the personal relationships you’d expect from your bank around the corner. From everyday banking to corporate services, Synovus is the bank of here. This bank is based in Columbus, Georgia. Synovus different divisions provide commercial and retail banking, investment, and mortgage services to customers through 28 locally branded divisions, 253 branches in five states, and more than 335 ATMs in Georgia,†¦show more content†¦The total assets for Synovus as of 2015 is $28,529,226,000. From 2012-2015 it has decreased to $25,878,030,000, increased to $26,777,424,000, and increased to the final $28,529,226,000 again. Total deposits for Synovus has been a steady increase over the past four years. That steady increase describes the securities, which started at $2,978,264,000 and ended at $3,578,793,000 as well as the net loans and leases which started at $19,335,118,000 and ended at $2,233,600,000 Looking at the excel ‘selected data’ page we can see what percentage of certain components make up the total assets. We also can see that same percentage for the banks in its peer group. Starting with the balance sheet, Cash and due from depository institutions, securities, net loans and leases, and other assets make up the total assets on the balance sheet. For cash and due from depository institutions, the percentage of assets has decreased, increased a little, and then decreased from 2012-2015. For securities it has increased, decreased, and then increased. Net loans and leases have increased, increased, increase, and then decreased. As for the other assets it has just decreased from 2012 -2015 each year. When comparing each of these percentages to the peer group percentages, we can see that the bank has performed lower for each component except net loans and leases. Net loans and leases had a much higher percentage of the assets than its peer