GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Synovus Financial Corp (FRA:SYU1) » Definitions » Allowance For Loans And Lease Losses

Synovus Financial (FRA:SYU1) Allowance For Loans And Lease Losses : €-453 Mil (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Synovus Financial Allowance For Loans And Lease Losses?

Synovus Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-453 Mil.

Synovus Financial's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-447 Mil) to Dec. 2023 (€-440 Mil) but then declined from Dec. 2023 (€-440 Mil) to Mar. 2024 (€-453 Mil).

Synovus Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-378 Mil) to Dec. 2022 (€-419 Mil) and declined from Dec. 2022 (€-419 Mil) to Dec. 2023 (€-440 Mil).

Synovus Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Synovus Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Synovus Financial Allowance For Loans And Lease Losses Chart

Synovus Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -253.26 -497.92 -378.42 -418.59 -439.60

Synovus Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -426.85 -434.95 -447.45 -439.60 -453.25

Synovus Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Synovus Financial Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Synovus Financial's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

Synovus Financial (FRA:SYU1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Synovus Financial Corp (FRA:SYU1) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
CADE ONB OZK FNB BOKF HOMB SSB PB WTFC ZION NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
SNVpE.PFD:USA SNVpD.PFD:USA SNV:USA SYU1:Germany
Address
1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901
Website
https://www.synovus.com
Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Synovus Financial (FRA:SYU1) Headlines

No Headlines