Synovus Financial Gross Margin 2010-2024 | SNV

Synovus Financial gross margin for the quarter ending June 30, 2024 was 56.94%.

  • Synovus Financial average gross margin for 2023 was 72.93%, a 21.62% decline from 2022.
  • Synovus Financial average gross margin for 2022 was 93.05%, a 0.63% decline from 2021.
  • Synovus Financial average gross margin for 2021 was 92.47%, a 9.94% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Synovus Financial Gross Margin 2010-2024 | SNV

  • Synovus Financial average gross margin for 2023 was 72.93%, a 21.62% decline from 2022.
  • Synovus Financial average gross margin for 2022 was 93.05%, a 0.63% decline from 2021.
  • Synovus Financial average gross margin for 2021 was 92.47%, a 9.94% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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