KPIs & Operating Metrics(New)

Synovus Financial (SNV) Tax Provisions: 2009-2024

Historic Tax Provisions for Synovus Financial (SNV) over the last 16 years, with Dec 2024 value amounting to $125.5 million.

  • Synovus Financial's Tax Provisions rose 41.68% to $54.9 million in Q4 2019 from the same period last year, while for Dec 2019 it was $201.2 million, marking a year-over-year increase of 69.28%. This contributed to the annual value of $125.5 million for FY2024, which is 18.52% down from last year.
  • Latest data reveals that Synovus Financial reported Tax Provisions of $125.5 million as of FY2024, which was down 18.52% from $154.0 million recorded in FY2023.
  • In the past 5 years, Synovus Financial's Tax Provisions ranged from a high of $228.9 million in FY2021 and a low of $111.0 million during FY2020.
  • Its 3-year average for Tax Provisions is $161.9 million, with a median of $154.0 million in 2023.
  • Per our database at Business Quant, Synovus Financial's Tax Provisions tumbled by 44.86% in 2020 and then soared by 106.27% in 2021.
  • Synovus Financial's Tax Provisions (Yearly) stood at $111.0 million in 2020, then skyrocketed by 106.27% to $228.9 million in 2021, then decreased by 9.88% to $206.3 million in 2022, then decreased by 25.33% to $154.0 million in 2023, then fell by 18.52% to $125.5 million in 2024.