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Synovus Financial (SNV) Rent Expense: 2016-2019

Historic Rent Expense for Synovus Financial (SNV) over the last 4 years, with Dec 2019 value amounting to $42.6 million.

  • Synovus Financial's Rent Expense rose 24.47% to $42.6 million in Q4 2019 from the same period last year, while for Dec 2019 it was $161.9 million, marking a year-over-year increase of 24.08%. This contributed to the annual value of $187.5 million for FY2024, which is 4.38% up from last year.
  • Latest data reveals that Synovus Financial reported Rent Expense of $42.6 million as of Q4 2019, which was up 3.97% from $41.0 million recorded in Q3 2019.
  • In the past 5 years, Synovus Financial's Rent Expense registered a high of $42.6 million during Q4 2019, and its lowest value of $26.6 million during Q1 2016.
  • Over the past 3 years, Synovus Financial's median Rent Expense value was $32.4 million (recorded in 2018), while the average stood at $34.4 million.
  • Data for Synovus Financial's Rent Expense shows a peak YoY grew of 27.83% (in 2019) over the last 5 years.
  • Quarterly analysis of 4 years shows Synovus Financial's Rent Expense stood at $27.9 million in 2016, then rose by 8.11% to $30.1 million in 2017, then increased by 13.72% to $34.3 million in 2018, then climbed by 24.47% to $42.6 million in 2019.
  • Its Rent Expense was $42.6 million in Q4 2019, compared to $41.0 million in Q3 2019 and $39.9 million in Q2 2019.