Synovus Bank
Columbus, Georgia · FDIC Cert #873
Synovus Bank is an FDIC-insured bank (Certificate #873) with $59.5B in total assets and $50.7B in total deposits as of the Q2 2024 Call Report. Headquartered in Columbus, Georgia, the bank maintains a Tier 1 capital ratio of 11.46% (Well-Capitalized) and a nonperforming loan ratio of 0.60%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Synovus Bank (FDIC cert 873) is a large bank with $59.5B in total assets and $50.7B in deposits, headquartered in Columbus, Georgia. Banks at this scale typically operate across multiple states and face enhanced regulatory scrutiny under the federal banking-supervisory framework.
Capital position is adequate: Tier 1 capital ratio of 11.46% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 0.60% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is in the normal range: 20.1% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is thin: ROA of 0.48% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Synovus Bank carries a composite BankHealth grade of B (71/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Synovus Bank
- Total Assets
- $59.5B
- Total Deposits
- $50.7B
- Tier 1 Capital Ratio
- 11.46%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.60%
- Liquidity Ratio
- 20.07%
- Return on Assets
- 0.48%
- Headquarters
- Columbus, Georgia
- FDIC Certificate
- #873
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Synovus Bank holds a Tier 1 capital ratio of 11.46%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Synovus Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Synovus Bank shows strong financial health indicators. With $59.5B in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Synovus Bank Compares
Synovus Bank’s Health Score of 71 is 5 points below the Georgia state average of 76 across 123 FDIC-insured banks. Its 11.46% Tier 1 capital ratio is 2.5 points below the US banking industry average near 14%. The 0.60% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.48% is below the national ROA benchmark of ~1.1%. Among 40 similarly-sized banks, the average Health Score is 78, meaning this bank ranks below its size cohort. Site-wide, Synovus Bank is 1 points above the portfolio average of 70.
Frequently Asked Questions
Synovus Bank has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.46%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Synovus Bank's Tier 1 capital ratio of 11.46% and nonperforming loan ratio of 0.60% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Synovus Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #873). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Synovus Bank holds $59.5B in total assets and $50.7B in total deposits. It is headquartered in Columbus, Georgia (FDIC Certificate #873).
Synovus Bank has a Tier 1 capital ratio of 11.46%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.60%, and the return on assets is 0.48%.
Yes. Synovus Bank is FDIC-insured (Certificate #873). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Synovus Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.