SYNOVUS FINANCIAL CORP (SNV) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Loans, including fees	1,482.6	1,600.5	1,817.3	1,226.6	1,064.3	944.2	877.4	862.9
Investment securities available for sale	140.1	178.6	208.8	96.9	82.7
Loans held for sale	23.8	15.1	3.3	2.0
Federal Reserve Bank balances	3.8	2.8	10.4	10.2
Total interest income	1,653.3	1,804.5	2,050.6	1,344.3	1,162.5	1,022.8	946.0	928.7

Interest expense:
Deposits	74.9	217.8	356.9	143.9	81.3	64.2	65.5	55.2
Long-term debt	45.3	66.1	71.7	48.5	56.9	58.9	52.9	54.0
Total interest expense	120.4	291.7	454.8	195.9	139.2	123.6	118.6	109.4
Net interest income	1,532.9	1,512.7	1,595.8	1,148.4	1,023.3	899.2	827.3	819.3
Net interest income after provision for (reversal of) credit losses	1,639.2	1,157.7	1,508.1	1,096.7	956.1	871.2	808.3	785.5

Non-interest revenue:
Service charges on deposit accounts	86.3	73.1	88.2	80.8	81.4		80.1	78.9
Fiduciary and asset management fees	77.1	63.3	58.4	54.7	50.5
Card fees	51.4	42.7	45.7	42.5	39.4
Brokerage revenue	56.4	44.8	41.6	35.4	29.3		27.9	27.1
Mortgage banking income	54.4	91.4	32.6	19.0	22.8		24.1	18.4
Capital markets income	26.1	27.3	30.5	5.8	5.6
Investment securities gains (losses), net	-0.8	78.9	-7.7
Other non-interest revenue	61.1	53.7	45.4	27.8	28.2	15.2	33.0	33.4
Total non-interest revenue	450.1	506.5	355.9	280.1	345.3	273.2	267.9	262.1

Non-interest expense:
Salaries and other personnel expense	649.4	618.2	570.0	453.4	433.3	402.0	380.9	371.9
Net occupancy, equipment, and software expense	169.2	169.7	161.9	130.5	120.0	109.3	107.5	105.8
Third-party processing and other services	86.7	88.0	79.2	58.6	54.7	46.3	42.9	40.0
Professional fees	32.8	56.9	35.3	26.7	26.2	26.7	26.6	26.4
FDIC insurance and other regulatory fees	22.4	25.2	31.7	24.5	27.0	26.7	27.1	33.5
Restructuring charges (reversals)	7.2	27.0	1.2	-0.1			0.0	20.6
Other operating expense	132.2	149.7	163.0	104.8	113.9	105.3	91.4	94.3
Total non-interest expense	1,099.9	1,179.6	1,099.0	829.5	821.3	755.9	717.7	745.0
Income tax expense	228.9	111.0	201.2	118.9	204.7	141.7	132.5	107.3
Net income						246.8	226.1	195.2
Less: Net income (loss) attributable to noncontrolling interest
Net income attributable to Synovus Financial Corp.	760.5	373.7	563.8	428.5	275.5
Less: Preferred stock dividends	33.2	33.2	22.9	18.0
Net income available to common shareholders	727.3	340.5	540.9	410.5	265.2	236.5	215.8	185.0

Net income per common share, basic (in dollars per share)	$4.95	$2.31	$3.50	$3.49	$2.19	$1.90	$1.63	$1.34
Net income per common share, diluted (in dollars per share)	$4.90	$2.30	$3.47	$3.47	$2.17	$1.89	$1.62	$1.33

Weighted average common shares outstanding, basic (in shares)	147.0	147.4	154.3	117.6	121.2	124.4	132.4	138.5
Weighted average common shares outstanding, diluted (in shares)	148.5	148.2	156.1	118.4	122.0	125.1	133.2	139.2