Synovus

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Kevin Blair's photo - President & CEO of Synovus

President & CEO

Kevin Blair

CEO Approval Rating

82/100

Founded:

1888

Status:

PublicIndependent CompanyNYSESNV

SYNOVUS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Regions is Synovus's #1 competitor. Regions was founded in Birmingham, Alabama} in 1971. Regions operates in the Banks industry. Compared to Synovus, Regions generates $4.3B more revenue.

Wells Fargo is one of Synovus's top competitors. Wells Fargo was founded in 1852 in San Francisco, California. Wells Fargo operates in the Investment Banking & Brokerage industry. Wells Fargo generates $70.5B more revenue than Synovus.

Bank of America is a top competitor of Synovus. Bank of America was founded in 1998, and is headquartered in Charlotte, North Carolina. Bank of America is in the Banks industry. Bank of America generates $61.2B more revenue vs. Synovus.

Synovus Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2B

Synovus's revenue is the ranked 20th among it's top 10 competitors. The top 10 competitors average 33.1B. Over the last four quarters, Synovus's revenue has decreased by 11.9%. Specifically, in Q1 2021's revenue was $484.8M; in Q4 2020, it was $500.7M; in Q3 2020, it was $491.4M; in Q2 2020, Synovus's revenue was $550M.

Synovus Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Fcb Financial Holdings, Inc.

Jul 2018

Source »
$2.9B
FCB is a provider of personal and commercial banking services for individuals and businesses.

-

Banking Assets, Cabela's Inc.

Apr 2017

Source »
undisclosed
-
Entaire Glob​al Companies, Inc.

Aug 2016

Source »
undisclosed
Entaire is focused on identifying and developing financial technologies for wealth creation, retirement funding and business planning services.
Riverside Bank

Mar 2006

Source »
$undefined
-

-

Vital Processing Services, LLC

Jan 2005

Source »
$undefined
-

Synovus Funding History

No recent funding data found related to Synovus

Synovus Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Idea Financial is a Florida-based online lending platform that offers financial products and services for businesses.
$84M
Jul 08, 2021
Debt
-
Growve is a Florida-based technology-enabled consumer products company that acquires and operates Amazon third-party businesses and other D2C brands.
$175M
May 26, 2021
Debt
-
OneWater Marine owns and operates a chain of retail stores that sells new and pre-owned boats, parts and accessories.
$110M
Jul 21, 2020
Debt
Jul 11, 2019
$150K
May 05, 2020
Debt - PPP (CARES Act)
-
IBP engages in the installation of insulation, garage doors, rain gutters, shower doors, closet shelving and mirror products.
$325M
Feb 29, 2016
Debt
Feb 12, 2014

Synovus News

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Synovus Headquarters

PO Box 120

Columbus, Georgia31902

888-796-6887

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Synovus Summary

ABOUT

Overview

Synovus is a Georgia-based financial institution that provides banking products and services for individuals and businesses. Synovus was founded in 1888. Synovus' headquarters is located in Columbus, Georgia, USA 31902. Synovus' President & CEO, Kevi...

CEO

Synovus's President & CEO, Kevin Blair, currently has an approval rating of 82%. Synovus's primary competitors are Regions, Wells Fargo & Bank of America.

Frequently Asked Questions about Synovus

  1. When was Synovus founded?

    Synovus was founded in 1888
  2. Who is Synovus's CEO?

    Synovus's CEO is Kevin Blair
  3. How much revenue does Synovus generate?

    Synovus generates $2B in revenue
  4. How much funding does Synovus have?

    Synovus has historically raised $0 in funding
  1. Where is Synovus's headquarters?

    Synovus's headquarters is in Columbus Georgia, USA
  2. How many employees does Synovus have?

    Synovus has 4,651 employees
  3. Who are Synovus's competitors?

    Synovus's top competitors are Regions, Wells Fargo, Bank of America
  4. Who has Synovus invested in?

    Synovus's has invested in companies such as Idea Financial, Growve, OneWater