SNV RSI Chart
Last 7 days
0.0%
Last 30 days
-5.1%
Last 90 days
-5.2%
Trailing 12 Months
19.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.4B | 2.7B | 2.9B | 3.1B |
2022 | 1.7B | 1.7B | 1.8B | 2.1B |
2021 | 1.7B | 1.7B | 1.7B | 1.7B |
2020 | 2.0B | 2.0B | 1.9B | 1.8B |
2019 | 1.5B | 1.7B | 1.9B | 2.1B |
2018 | 1.2B | 1.2B | 1.3B | 1.3B |
2017 | 1.0B | 1.1B | 1.1B | 1.2B |
2016 | 963.9M | 982.6M | 1.0B | 1.0B |
2015 | 931.7M | 933.2M | 937.9M | 946.0M |
2014 | 927.0M | 927.7M | 927.2M | 928.7M |
2013 | 971.9M | 949.6M | 935.8M | 929.0M |
2012 | 1.1B | 1.1B | 1.1B | 1.0B |
2011 | 1.2B | 1.2B | 1.1B | 1.1B |
2010 | 1.5B | 1.4B | 1.4B | 1.3B |
2009 | 0 | 1.7B | 1.6B | 1.5B |
2008 | 0 | 0 | 0 | 1.9B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 28, 2024 | hurley jill k | sold | -179,298 | 37.2915 | -4,808 | chief accounting officer |
Feb 18, 2024 | akins d wayne jr | acquired | 250,881 | 36.7 | 6,836 | evp, chief comm banking off. |
Feb 18, 2024 | wolverton elizabeth d. | sold (taxes) | -164,820 | 36.7 | -4,491 | evp, head con. bank. brand exp |
Feb 18, 2024 | blair kevin s. | acquired | 1,040,260 | 36.7 | 28,345 | president and ceo |
Feb 18, 2024 | kamensky allan e | sold (taxes) | -270,736 | 36.7 | -7,377 | evp and general counsel |
Feb 18, 2024 | howard kevin joseph | sold (taxes) | -397,167 | 36.7 | -10,822 | evp, chief wholesale bank. off |
Feb 18, 2024 | kamensky allan e | acquired | 189,739 | 36.7 | 5,170 | evp and general counsel |
Feb 18, 2024 | akins d wayne jr | sold (taxes) | -391,699 | 36.7 | -10,673 | evp, chief comm banking off. |
Feb 18, 2024 | wolverton elizabeth d. | acquired | 114,944 | 36.7 | 3,132 | evp, head con. bank. brand exp |
Feb 18, 2024 | derrick robert warren | sold (taxes) | -180,234 | 36.7 | -4,911 | evp & chief credit officer |
Which funds bought or sold SNV recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | Venturi Wealth Management, LLC | added | 74.05 | 9,269 | 20,151 | -% |
Apr 23, 2024 | Tennessee Valley Asset Management Partners | sold off | -100 | -41,980 | - | -% |
Apr 23, 2024 | Sugarloaf Wealth Management, LLC | reduced | -4.2 | 8,143 | 430,124 | 0.09% |
Apr 23, 2024 | WEDGE CAPITAL MANAGEMENT L L P/NC | new | - | 39,913,100 | 39,913,100 | 0.65% |
Apr 23, 2024 | REGIONS FINANCIAL CORP | reduced | -0.42 | 63,324 | 1,126,450 | 0.01% |
Apr 23, 2024 | Global Retirement Partners, LLC | added | 11.73 | 1,824 | 8,771 | -% |
Apr 23, 2024 | Louisiana State Employees Retirement System | added | 2.43 | 139,111 | 1,686,530 | 0.03% |
Apr 23, 2024 | Values First Advisors, Inc. | added | 0.39 | 159,392 | 2,499,150 | 1.47% |
Apr 23, 2024 | NEW MEXICO EDUCATIONAL RETIREMENT BOARD | unchanged | - | 72,000 | 1,190,000 | 0.04% |
Apr 23, 2024 | AMALGAMATED BANK | added | 8.34 | 529,000 | 3,988,000 | 0.03% |
Unveiling Synovus Financial Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Synovus Financial Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 556.1B | 171.1B | 11.22 | 3.25 | ||||
BAC | 301.8B | 130.3B | 11.38 | 2.32 | ||||
WFC | 216.8B | 85.7B | 11.33 | 2.53 | ||||
C | 119.4B | 133.3B | 12.94 | 0.9 | ||||
CFG | 16.3B | 10.2B | 10.13 | 1.6 | ||||
KEY | 13.9B | 7.9B | 14.42 | 1.76 | ||||
MID-CAP | ||||||||
CMA | 7.0B | 4.2B | 7.96 | 1.68 | ||||
ZION | 6.2B | 3.9B | 9.1 | 1.57 | ||||
ABCB | 3.3B | 1.3B | 12.28 | 2.58 | ||||
ASB | 3.2B | 2.0B | 17.57 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 414.1M | 164.9M | 35.41 | 2.51 | ||||
AROW | 383.2M | 162.6M | 12.74 | 2.36 | ||||
ACNB | 291.3M | 96.6M | 9.19 | 3.01 | ||||
ASRV | 45.1M | 60.9M | -13.48 | 0.74 |
Synovus Financial Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 0.3% | 788 | 786 | 759 | 717 | 655 | 551 | 454 | 416 | 418 | 413 | 413 | 410 | 433 | 436 | 452 | 484 | 506 | 523 | 516 | 505 | 357 |
EBITDA Margin | -11.8% | 0.85* | 0.97* | 1.12* | 1.25* | 1.36* | 1.48* | 1.55* | 1.57* | 1.59* | 1.51* | 1.42* | 1.32* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.3% | 437 | 443 | 456 | 481 | 501 | 478 | 425 | 392 | 392 | 385 | 382 | 374 | 386 | 377 | 377 | 373 | 399 | 402 | 397 | 397 | 298 |
Income Taxes | -25.1% | 21.00 | 28.00 | 48.00 | 58.00 | 54.00 | 60.00 | 50.00 | 43.00 | 69.00 | 54.00 | 57.00 | 49.00 | 37.00 | 40.00 | 31.00 | 4.00 | 55.00 | 51.00 | 55.00 | 40.00 | 39.00 |
Earnings Before Taxes | -27.2% | 90.00 | 124 | 222 | 260 | 260 | 263 | 228 | 214 | 269 | 241 | 243 | 236 | 187 | 131 | 124 | 42.00 | 207 | 187 | 211 | 161 | 144 |
EBT Margin | -23.1% | 0.23* | 0.30* | 0.37* | 0.43* | 0.46* | 0.53* | 0.56* | 0.58* | 0.60* | 0.54* | 0.47* | 0.39* | - | - | - | - | - | - | - | - | - |
Net Income | -27.6% | 70.00 | 97.00 | 174 | 202 | 206 | 203 | 178 | 171 | 200 | 187 | 186 | 187 | 150 | 92.00 | 93.00 | 39.00 | 143 | 136 | 156 | 120 | 102 |
Net Income Margin | -23.4% | 0.18* | 0.23* | 0.29* | 0.33* | 0.37* | 0.41* | 0.43* | 0.45* | 0.46* | 0.43* | 0.36* | 0.30* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -13.5% | 255 | 294 | 353 | 348 | 572 | 390 | 21.00 | 179 | -55.28 | 399 | 408 | 16.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.8% | 59,810 | 59,343 | 60,656 | 61,840 | 59,731 | 58,640 | 57,383 | 56,420 | 57,317 | 55,509 | 54,939 | 55,159 | 54,394 | 53,041 | 54,122 | 50,620 | 48,203 | 47,661 | 47,318 | 46,630 | 32,669 |
Cash Equivalents | 14.7% | 2,451 | 2,138 | 2,054 | 3,365 | 1,978 | 1,868 | 1,665 | 1,554 | 3,010 | 2,687 | 3,263 | 3,328 | 4,253 | 1,985 | 1,571 | 1,824 | 1,187 | 1,182 | 1,151 | 1,266 | 1,144 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 487 | 491 | 480 | 434 |
Goodwill | 0.1% | 480 | 480 | 476 | 452 | 452 | 452 | 452 | 452 | 452 | 452 | 452 | 452 | 452 | 452 | 497 | 497 | 497 | 488 | 492 | 485 | 57.00 |
Liabilities | -0.2% | 54,665 | 54,781 | 55,848 | 57,070 | 55,256 | 54,410 | 52,798 | 51,595 | 52,020 | 50,256 | 49,701 | 49,997 | 49,233 | 47,976 | 49,069 | 45,554 | 43,262 | 42,792 | 42,564 | 42,032 | 29,536 |
Short Term Borrowings | - | - | - | - | - | 603 | - | - | - | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt | -28.5% | 1,933 | 2,705 | 4,021 | 5,146 | 4,110 | 4,434 | 1,804 | 805 | 1,204 | 1,204 | 1,203 | 1,203 | 1,202 | 1,628 | 2,328 | 3,152 | 2,154 | 2,154 | 2,306 | 2,106 | 1,657 |
Shareholder's Equity | 12.9% | 5,120 | 4,537 | 4,808 | 4,770 | 4,476 | 4,230 | 4,584 | 4,825 | 5,297 | 5,253 | 5,238 | 5,162 | 5,161 | 5,065 | 5,053 | 5,065 | 4,942 | 4,869 | 4,754 | 4,598 | 3,134 |
Retained Earnings | 0.2% | 2,517 | 2,512 | 2,481 | 2,371 | 2,235 | 2,085 | 1,940 | 1,822 | 1,710 | 1,567 | 1,437 | 1,308 | 1,178 | 1,085 | 1,051 | 1,014 | 1,068 | 969 | 886 | 781 | 844 |
Additional Paid-In Capital | 0.4% | 3,956 | 3,941 | 3,934 | 3,925 | 3,920 | 3,917 | 3,908 | 3,899 | 3,894 | 3,883 | 3,873 | 3,864 | 3,851 | 3,832 | 3,827 | 3,821 | 3,819 | 3,801 | 3,802 | 3,794 | 3,061 |
Shares Outstanding | 0.3% | 147 | 146 | 146 | 146 | 145 | 145 | 145 | 145 | 147 | 148 | 148 | 148 | - | - | - | - | - | - | - | - | - |
Minority Interest | -1.8% | 24.00 | 25.00 | 25.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 4,216 | - | - | - | 4,950 | - | - | - | 6,105 | - | - | - | - | - | - | - | 2,872 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -11.9% | 266,213 | 302,311 | 359,659 | 354,440 | 580,659 | 399,836 | 29,662 | 181,332 | -49,326 | 406,816 | 416,296 | 20,230 | 225,392 | 674,630 | -902,751 | 19,761 | 256,939 | 108,275 | 113,328 | 142,508 | 147,062 |
Share Based Compensation | -6.7% | 7,373 | 7,900 | 8,240 | 8,711 | 5,519 | 7,874 | 6,177 | 8,334 | 6,310 | 8,354 | 5,467 | 7,664 | 4,768 | 4,953 | 5,350 | 3,570 | 3,091 | 5,171 | 5,981 | 10,244 | 4,139 |
Cashflow From Investing | -73.1% | 276,339 | 1,025,644 | -285,566 | -692,451 | -1,161,694 | -1,722,078 | -937,645 | -1,034,065 | -1,283,033 | -1,433,542 | -38,067 | -1,629,524 | 870,565 | -51,131 | -1,868,375 | -1,304,032 | -639,537 | -172,779 | -693,171 | -648,375 | -446,122 |
Cashflow From Financing | 81.6% | -228,757 | -1,244,475 | -1,385,342 | 1,725,631 | 691,011 | 1,524,986 | 1,019,540 | -603,617 | 1,654,792 | 451,470 | -443,819 | 684,643 | 1,171,597 | -209,361 | 2,518,517 | 1,921,187 | 387,046 | 95,653 | 465,239 | 628,228 | 430,691 |
Dividend Payments | 0.0% | 55,558 | 55,536 | 55,502 | 49,465 | 49,439 | 49,416 | 49,442 | 47,851 | 48,099 | 48,651 | 49,093 | 48,834 | 48,614 | 48,612 | 48,592 | 44,149 | 44,477 | 47,243 | 47,237 | 28,966 | 29,204 |
Buy Backs | - | - | - | - | - | - | - | 3,316 | 9,671 | 32,790 | 74,635 | 92,507 | - | - | - | - | 16,246 | 36,538 | 343,690 | 25,003 | 320,167 | 40,268 |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Loans, including fees | $ 2,684,762 | $ 1,806,060 | $ 1,482,567 |
Investment securities available for sale | 248,294 | 209,951 | 140,077 |
Loans held for sale | 30,092 | 34,037 | 23,809 |
Federal Reserve Bank balances | 68,289 | 18,117 | 3,777 |
Other earning assets | 18,921 | 7,622 | 3,113 |
Total interest income | 3,050,358 | 2,075,787 | 1,653,343 |
Interest expense: | |||
Deposits | 1,026,755 | 187,232 | 74,919 |
Long-term debt | 180,670 | 79,402 | 45,349 |
Federal funds purchased, securities sold under repurchase agreements, and other borrowings | 26,278 | 12,253 | 128 |
Total interest expense | 1,233,703 | 278,887 | 120,396 |
Net interest income | 1,816,655 | 1,796,900 | 1,532,947 |
Provision for (reversal of) credit losses | 189,079 | 84,553 | (106,251) |
Net interest income after provision for credit losses | 1,627,576 | 1,712,347 | 1,639,198 |
Non-interest revenue: | |||
Service charges on deposit accounts | 90,096 | 93,067 | 86,310 |
Fiduciary and asset management fees | 78,077 | 78,414 | 77,147 |
Card fees | 72,357 | 61,833 | 51,399 |
Brokerage revenue | 83,431 | 67,034 | 56,439 |
Mortgage banking income | 15,157 | 17,476 | 54,371 |
Capital markets income | 32,181 | 26,702 | 26,118 |
Income from bank-owned life insurance | 31,429 | 29,720 | 38,019 |
Investment securities gains (losses), net | (76,718) | 0 | (799) |
Recovery of NPA | 13,126 | 0 | 0 |
Other non-interest revenue | 64,874 | 35,090 | 61,062 |
Total non-interest revenue | 404,010 | 409,336 | 450,066 |
Non-interest expense: | |||
Salaries and other personnel expense | 728,378 | 681,710 | 649,426 |
Net occupancy, equipment, and software expense | 179,581 | 174,730 | 169,222 |
Third-party processing and other services | 86,649 | 88,617 | 86,688 |
Professional fees | 39,854 | 37,189 | 32,785 |
FDIC insurance and other regulatory fees | 94,737 | 29,083 | 22,355 |
Restructuring charges (reversals) | 17,707 | (9,690) | 7,223 |
Loss on other loans held for sale | 50,064 | 0 | 0 |
Other operating expense | 138,454 | 155,867 | 132,205 |
Non-interest expense | 1,335,424 | 1,157,506 | 1,099,904 |
Income before income taxes | 696,162 | 964,177 | 989,360 |
Income tax expense | 154,021 | 206,275 | 228,893 |
Net income | 542,141 | 757,902 | 760,467 |
Less: Net income (loss) attributable to noncontrolling interest | (1,564) | 0 | 0 |
Net income attributable to Synovus Financial Corp. | 543,705 | 757,902 | 760,467 |
Less: Preferred stock dividends | 35,950 | 33,163 | 33,163 |
Net income available to common shareholders | $ 507,755 | $ 724,739 | $ 727,304 |
Net income per common share, basic (in dollars per share) | $ 3.48 | $ 4.99 | $ 4.95 |
Net income per common share, diluted (in dollars per share) | $ 3.46 | $ 4.95 | $ 4.90 |
Weighted average common shares outstanding, basic (in shares) | 146,115 | 145,364 | 147,041 |
Weighted average common shares outstanding, diluted (in shares) | 146,734 | 146,481 | 148,495 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Interest-earning deposits with banks and other cash and cash equivalents | $ 2,414,103 | $ 1,939,413 |
Federal funds sold and securities purchased under resale agreements | 37,323 | 38,367 |
Total cash, cash equivalents, and restricted cash | 2,451,426 | 1,977,780 |
Investment securities available for sale, at fair value | 9,788,662 | 9,678,103 |
Loans held for sale (includes $47,338 and $51,136, measured at fair value, respectively) | 52,768 | 391,502 |
Loans, net of deferred fees and costs | 43,404,490 | 43,716,353 |
Allowance for loan losses | (479,385) | (443,424) |
Loans, net | 42,925,105 | 43,272,929 |
Cash surrender value of bank-owned life insurance | 1,112,030 | 1,089,280 |
Premises, equipment and software, net | 365,851 | 370,632 |
Goodwill | 480,440 | 452,390 |
Other intangible assets, net | 45,928 | 27,124 |
Other assets | 2,587,324 | 2,471,638 |
Total assets | 59,809,534 | 59,731,378 |
Deposits: | ||
Non-interest-bearing deposits | 12,507,616 | 15,639,899 |
Interest-bearing deposits | 38,231,569 | 33,231,660 |
Total deposits | 50,739,185 | 48,871,559 |
Federal funds purchased and securities sold under repurchase agreements | 189,074 | 146,588 |
Other short-term borrowings | 3,496 | 603,384 |
Long-term debt | 1,932,534 | 4,109,597 |
Other liabilities | 1,801,097 | 1,524,449 |
Total liabilities | 54,665,386 | 55,255,577 |
Shareholders’ Equity | ||
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000 | 537,145 | 537,145 |
Common stock - $1.00 par value; authorized 342,857,143 shares; issued 171,360,188 and 170,141,492, respectively; outstanding 146,705,330 and 145,486,634, respectively | 171,360 | 170,141 |
Additional paid-in capital | 3,955,819 | 3,920,346 |
Treasury stock, at cost; 24,654,858 shares | (944,484) | (944,484) |
Accumulated other comprehensive income (loss), net | (1,117,073) | (1,442,117) |
Retained earnings | 2,517,226 | 2,234,770 |
Total Synovus Financial Corp. shareholders’ equity | 5,119,993 | 4,475,801 |
Noncontrolling interest in subsidiary | 24,155 | 0 |
Total equity | 5,144,148 | 4,475,801 |
Total liabilities and shareholders' equity | $ 59,809,534 | $ 59,731,378 |
 | Mr. Kevin S. Blair |
---|---|
 | synovus.com |
 | Banks Diversified |
 | 5097 |