Major Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.8 has resulted in Fair (4.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (7.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 9.4. A current level of 6.4 percent of nonperforming loans to core capital combined with 7.4 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Comm re (23%), securities (17%), comm loans (17%), home mtgs (9%), cash (5%), 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
33 W 14th St.
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