• Synovus Financial average return on tangible equity for 2023 was 16.13, a 1.83% decline from 2022.
• Synovus Financial average return on tangible equity for 2022 was 16.43, a 24.38% decline from 2021.
• Synovus Financial average return on tangible equity for 2021 was 13.21, a 54.87% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.