Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.4 on a scale of 0 to 10). Excellent current capitalization (7.3 on a scale of 0 to 10) based on a risk-based capital ratio of 12.3 and a capital leverage ratio of 9.2.
Other Rating Factors:
A current level of 6.7 percent of nonperforming loans to core capital combined with 4.0 percent from a year earlier contributes to the Good asset quality (6.3). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Weak (2.7) profitability.
Asset Mix:
Comm re (24%), comm loans (17%), securities (16%), home mtgs (10%), cash (4%), home eq lns (3%), consumer loans (2%), other (24%)
States with Branches:
AL, FL, GA, SC, TN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Synovus Financial Corp.
Investment Rating
Address
1111 Bay Avenue
Columbus, GA 31901
Columbus, GA 31901
Phone Number
(888) 796-6887
Year Founded
1888
FDIC Number
Website
Largest Affiliates
Columbus, GA
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Bank
