KPIs & Operating Metrics(New)

Synovus Financial (SNV) Rent Expense (2016 - 2019)

Synovus Financial has reported Rent Expense over the past 4 years, most recently at $42.6 million for Q4 2019.

  • Quarterly results put Rent Expense at $42.6 million for Q4 2019, up 24.47% from a year ago — trailing twelve months through Dec 2019 was $161.9 million (up 24.08% YoY), and the annual figure for FY2024 was $187.5 million, up 4.38%.
  • Rent Expense for Q4 2019 was $42.6 million at Synovus Financial, up from $41.0 million in the prior quarter.
  • Over the last five years, Rent Expense for SNV hit a ceiling of $42.6 million in Q4 2019 and a floor of $26.6 million in Q1 2016.
  • Median Rent Expense over the past 4 years was $31.0 million (2017), compared with a mean of $32.6 million.
  • Biggest five-year swings in Rent Expense: grew 4.96% in 2018 and later rose 27.83% in 2019.
  • Synovus Financial's Rent Expense stood at $27.9 million in 2016, then rose by 8.11% to $30.1 million in 2017, then grew by 13.72% to $34.3 million in 2018, then rose by 24.47% to $42.6 million in 2019.
  • The last three reported values for Rent Expense were $42.6 million (Q4 2019), $41.0 million (Q3 2019), and $39.9 million (Q2 2019) per Business Quant data.