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Synovus Financial (SNV) Operating Expenses: 2009-2024

Historic Operating Expenses for Synovus Financial (SNV) over the last 16 years, with Dec 2024 value amounting to $1.2 billion.

  • Synovus Financial's Operating Expenses rose 26.77% to $266.1 million in Q4 2019 from the same period last year, while for Dec 2019 it was $1.1 billion, marking a year-over-year increase of 32.49%. This contributed to the annual value of $1.2 billion for FY2024, which is 6.58% down from last year.
  • Latest data reveals that Synovus Financial reported Operating Expenses of $1.2 billion as of FY2024, which was down 6.58% from $1.3 billion recorded in FY2023.
  • Synovus Financial's Operating Expenses' 5-year high stood at $1.3 billion during FY2023, with a 5-year trough of $1.1 billion in FY2021.
  • Its 3-year average for Operating Expenses is $1.2 billion, with a median of $1.2 billion in 2024.
  • Per our database at Business Quant, Synovus Financial's Operating Expenses dropped by 6.75% in 2021 and then rose by 15.37% in 2023.
  • Over the past 5 years, Synovus Financial's Operating Expenses (Yearly) stood at $1.2 billion in 2020, then decreased by 6.75% to $1.1 billion in 2021, then rose by 5.24% to $1.2 billion in 2022, then grew by 15.37% to $1.3 billion in 2023, then decreased by 6.58% to $1.2 billion in 2024.