About Synovus
Synovus is a company based in Columbus (United States) founded in 1888.. The company has 4,780 employees as of December 31, 2024. Synovus has completed 3 acquisitions, including Florida Community Bank, GLOBALT Investments and Qualpay. Synovus offers products and services including Checking Account, Personal Loans, Digital Banking, and Savings Account. Synovus operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Columbus, United States
- Employees 4780 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Synovus Financial Corp.
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Annual Revenue
$3.44 B1.18as on Dec 31, 2024
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Net Profit
$482.46 M-11.27as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
4780
as on Dec 31, 2024
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Investments & Acquisitions
Florida Community Bank
& 2 more
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IPO & Listings of Synovus
Synovus is a publicly listed company on the NYSE with ticker symbol SNV in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Synovus
Synovus offers a comprehensive portfolio of products and services, including Checking Account, Personal Loans, Digital Banking, and Savings Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages day-to-day transactions and banking needs.
Provides funding for personal expenses and home equity.
Offers secure online access for payments and accounts.
Helps grow savings with interest and flexible access.
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Leadership Team
191 people
Software Development Team
123 people
Sales and Marketing
31 people
Commercial Team
31 people
Finance and Accounting
28 people
Legal and Compliance
20 people
Senior Team
20 people
Private Team
13 people
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Funding Insights of Synovus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Synovus
Synovus has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Florida Community Bank, GLOBALT Investments and Qualpay. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Merchant accounts and payment gateway services are provided for transactions.
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2014 | ||||
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Commercial banking services are provided to businesses in Florida.
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2010 | ||||
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Provider of investment strategy services
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1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Synovus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Synovus Comparisons
Competitors of Synovus
Synovus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Synovus
Frequently Asked Questions about Synovus
When was Synovus founded?
Synovus was founded in 1888.
Where is Synovus located?
Synovus is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
How many employees does Synovus have?
As of Dec 31, 2024, the latest employee count at Synovus is 4,780.
What is the annual revenue of Synovus?
Annual revenue of Synovus is $3.44B as on Dec 31, 2024.
What does Synovus do?
Synovus was established in 1888 as a commercial bank headquartered in Columbus, United States. Operations focus on the financial sector, where services including commercial banking, retail banking, investments, mortgages, and online banking are provided to individuals, businesses, and corporations primarily in the US market. In 2022, annual revenues of 2.8 billion were achieved, alongside a net profit of 0.79 billion.
Who are the top competitors of Synovus?
What products or services does Synovus offer?
Synovus offers Checking Account, Personal Loans, Digital Banking, and Savings Account.
Is Synovus publicly traded?
Yes, Synovus is publicly traded on NYSE under the ticker symbol SNV.
How many acquisitions has Synovus made?
Synovus has made 3 acquisitions, including Florida Community Bank, GLOBALT Investments, and Qualpay.
What is Synovus's ticker symbol?
The ticker symbol of Synovus is SNV on NYSE.