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SNV

SNV - Synovus Financial Corp Stock Price, Fair Value and News

36.80USD+0.17 (+0.46%)Market Closed

Market Summary

SNV
USD36.80+0.17
Market Closed
0.46%

SNV Stock Price

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SNV RSI Chart

SNV Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

9.86

Price/Sales (Trailing)

1.76

EV/EBITDA

1.86

Price/Free Cashflow

4.29

SNV Price/Sales (Trailing)

SNV Profitability

EBT Margin

22.82%

Return on Equity

10.62%

Return on Assets

0.91%

Free Cashflow Yield

23.32%

SNV Fundamentals

SNV Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

20.41%

Rev. Growth (Qtr)

0.29%

SNV Earnings

Earnings (TTM)

543.7M

Earnings Growth (Yr)

-65.82%

Earnings Growth (Qtr)

-27.55%

Breaking Down SNV Revenue

Last 7 days

0.0%

Last 30 days

-5.1%

Last 90 days

-5.2%

Trailing 12 Months

19.1%

How does SNV drawdown profile look like?

SNV Financial Health

Debt/Equity

0.38

Debt/Cashflow

0.66

SNV Investor Care

Dividend Yield

4.15%

Dividend/Share (TTM)

1.52

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

3.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.4B2.7B2.9B3.1B
20221.7B1.7B1.8B2.1B
20211.7B1.7B1.7B1.7B
20202.0B2.0B1.9B1.8B
20191.5B1.7B1.9B2.1B
20181.2B1.2B1.3B1.3B
20171.0B1.1B1.1B1.2B
2016963.9M982.6M1.0B1.0B
2015931.7M933.2M937.9M946.0M
2014927.0M927.7M927.2M928.7M
2013971.9M949.6M935.8M929.0M
20121.1B1.1B1.1B1.0B
20111.2B1.2B1.1B1.1B
20101.5B1.4B1.4B1.3B
200901.7B1.6B1.5B
20080001.9B
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PurpleZone


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Synovus Financial Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold SNV recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 48

Are Funds Buying or Selling SNV?

Are funds buying SNV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SNV
No. of Funds

Unveiling Synovus Financial Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.32%
15,090,878
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Feb 08, 2024
wellington management group llp
5.36%
7,838,693
SC 13G/A
Jan 24, 2024
state street corp
5.02%
7,340,169
SC 13G
Jan 24, 2024
blackrock inc.
9.4%
13,722,602
SC 13G/A
Feb 09, 2023
vanguard group inc
10.56%
15,356,589
SC 13G/A
Feb 06, 2023
wellington management group llp
6.86%
9,982,020
SC 13G/A
Jan 24, 2023
blackrock inc.
9.5%
13,869,186
SC 13G
Mar 09, 2022
vanguard group inc
10.09%
14,673,884
SC 13G/A
Feb 04, 2022
wellington management group llp
6.87%
10,002,258
SC 13G/A

Recent SEC filings of Synovus Financial Corp

View All Filings
Date Filed Form Type Document
Apr 18, 2024
8-K
Current Report
Apr 17, 2024
8-K
Current Report
Mar 12, 2024
ARS
ARS
Mar 12, 2024
DEF 14A
DEF 14A
Mar 12, 2024
DEFA14A
DEFA14A
Feb 29, 2024
4
Insider Trading
Feb 28, 2024
144
Notice of Insider Sale Intent
Feb 23, 2024
10-K
Annual Report
Feb 22, 2024
4
Insider Trading
Feb 22, 2024
4
Insider Trading

Peers (Alternatives to Synovus Financial Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.1B
171.1B
-2.31% 36.49%
11.22
3.25
60.72% 31.52%
301.8B
130.3B
3.56% 28.93%
11.38
2.32
79.51% -3.68%
216.8B
85.7B
6.72% 47.09%
11.33
2.53
41.49% 39.96%
119.4B
133.3B
3.01% 27.78%
12.94
0.9
79.09% -
16.3B
10.2B
-0.51% 22.27%
10.13
1.6
44.53% -22.43%
13.9B
7.9B
-2.00% 32.35%
14.42
1.76
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.92% 23.45%
7.96
1.68
56.25% -23.46%
6.2B
3.9B
2.71% 47.68%
9.1
1.57
45.91% -25.03%
3.3B
1.3B
1.85% 41.72%
12.28
2.58
43.24% -22.35%
3.2B
2.0B
3.40% 20.85%
17.57
1.64
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.1M
164.9M
-1.69% 36.50%
35.41
2.51
42.66% -70.76%
383.2M
162.6M
-4.81% 4.19%
12.74
2.36
25.39% -38.37%
291.3M
96.6M
-3.52% 8.70%
9.19
3.01
11.02% -11.37%
45.1M
60.9M
-2.56% -9.83%
-13.48
0.74
24.06% -144.92%

Synovus Financial Corp News

Latest updates
MarketBeat • 11 hours ago
Investing.com Nigeria • 22 Apr 2024 • 05:55 pm
Yahoo Finance • 19 Apr 2024 • 04:04 pm
Seeking Alpha • 18 Apr 2024 • 05:25 pm

Synovus Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.3%788786759717655551454416418413413410433436452484506523516505357
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%437443456481501478425392392385382374386377377373399402397397298
Income Taxes-25.1%21.0028.0048.0058.0054.0060.0050.0043.0069.0054.0057.0049.0037.0040.0031.004.0055.0051.0055.0040.0039.00
Earnings Before Taxes-27.2%90.0012422226026026322821426924124323618713112442.00207187211161144
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%70.0097.0017420220620317817120018718618715092.0093.0039.00143136156120102
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%25529435334857239021.00179-55.2839940816.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.8%59,81059,34360,65661,84059,73158,64057,38356,42057,31755,50954,93955,15954,39453,04154,12250,62048,20347,66147,31846,63032,669
    Cash Equivalents14.7%2,4512,1382,0543,3651,9781,8681,6651,5543,0102,6873,2633,3284,2531,9851,5711,8241,1871,1821,1511,2661,144
  Net PPE------------------487491480434
  Goodwill0.1%48048047645245245245245245245245245245245249749749748849248557.00
Liabilities-0.2%54,66554,78155,84857,07055,25654,41052,79851,59552,02050,25649,70149,99749,23347,97649,06945,55443,26242,79242,56442,03229,536
  Short Term Borrowings-----603---0.00------------
  Long Term Debt-28.5%1,9332,7054,0215,1464,1104,4341,8048051,2041,2041,2031,2031,2021,6282,3283,1522,1542,1542,3062,1061,657
Shareholder's Equity12.9%5,1204,5374,8084,7704,4764,2304,5844,8255,2975,2535,2385,1625,1615,0655,0535,0654,9424,8694,7544,5983,134
  Retained Earnings0.2%2,5172,5122,4812,3712,2352,0851,9401,8221,7101,5671,4371,3081,1781,0851,0511,0141,068969886781844
  Additional Paid-In Capital0.4%3,9563,9413,9343,9253,9203,9173,9083,8993,8943,8833,8733,8643,8513,8323,8273,8213,8193,8013,8023,7943,061
Shares Outstanding0.3%147146146146145145145145147148148148---------
Minority Interest-1.8%24.0025.0025.00------------------
Float---4,216---4,950---6,105-------2,872--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-11.9%266,213302,311359,659354,440580,659399,83629,662181,332-49,326406,816416,29620,230225,392674,630-902,75119,761256,939108,275113,328142,508147,062
  Share Based Compensation-6.7%7,3737,9008,2408,7115,5197,8746,1778,3346,3108,3545,4677,6644,7684,9535,3503,5703,0915,1715,98110,2444,139
Cashflow From Investing-73.1%276,3391,025,644-285,566-692,451-1,161,694-1,722,078-937,645-1,034,065-1,283,033-1,433,542-38,067-1,629,524870,565-51,131-1,868,375-1,304,032-639,537-172,779-693,171-648,375-446,122
Cashflow From Financing81.6%-228,757-1,244,475-1,385,3421,725,631691,0111,524,9861,019,540-603,6171,654,792451,470-443,819684,6431,171,597-209,3612,518,5171,921,187387,04695,653465,239628,228430,691
  Dividend Payments0.0%55,55855,53655,50249,46549,43949,41649,44247,85148,09948,65149,09348,83448,61448,61248,59244,14944,47747,24347,23728,96629,204
  Buy Backs-------3,3169,67132,79074,63592,507----16,24636,538343,69025,003320,16740,268

SNV Income Statement

2023-12-31
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 sale248,294209,951140,077
Loans held for sale30,09234,03723,809
Federal Reserve Bank balances68,28918,1173,777
Other earning assets18,9217,6223,113
Total interest income3,050,3582,075,7871,653,343
Interest expense:   
Deposits1,026,755187,23274,919
Long-term debt180,67079,40245,349
Federal funds purchased, securities sold under repurchase agreements, and other borrowings26,27812,253128
Total interest expense1,233,703278,887120,396
Net interest income1,816,6551,796,9001,532,947
Provision for (reversal of) credit losses189,07984,553(106,251)
Net interest income after provision for credit losses1,627,5761,712,3471,639,198
Non-interest revenue:   
Service charges on deposit accounts90,09693,06786,310
Fiduciary and asset management fees78,07778,41477,147
Card fees72,35761,83351,399
Brokerage revenue83,43167,03456,439
Mortgage banking income15,15717,47654,371
Capital markets income32,18126,70226,118
Income from bank-owned life insurance31,42929,72038,019
Investment securities gains (losses), net(76,718)0(799)
Recovery of NPA13,12600
Other non-interest revenue64,87435,09061,062
Total non-interest revenue404,010409,336450,066
Non-interest expense:   
Salaries and other personnel expense728,378681,710649,426
Net occupancy, equipment, and software expense179,581174,730169,222
Third-party processing and other services86,64988,61786,688
Professional fees39,85437,18932,785
FDIC insurance and other regulatory fees94,73729,08322,355
Restructuring charges (reversals)17,707(9,690)7,223
Loss on other loans held for sale50,06400
Other operating expense138,454155,867132,205
Non-interest expense1,335,4241,157,5061,099,904
Income before income taxes696,162964,177989,360
Income tax expense154,021206,275228,893
Net income542,141757,902760,467
Less: Net income (loss) attributable to noncontrolling interest(1,564)00
Net income attributable to Synovus Financial Corp.543,705757,902760,467
Less: Preferred stock dividends35,95033,16333,163
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)146,115145,364147,041
Weighted average common shares outstanding, diluted (in shares)146,734146,481148,495

SNV Balance Sheet

2023-12-31
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 agreements37,32338,367
Total cash, cash equivalents, and restricted cash2,451,4261,977,780
Investment securities available for sale, at fair value9,788,6629,678,103
Loans held for sale (includes $47,338 and $51,136, measured at fair value, respectively)52,768391,502
Loans, net of deferred fees and costs43,404,49043,716,353
Allowance for loan losses(479,385)(443,424)
Loans, net42,925,10543,272,929
Cash surrender value of bank-owned life insurance1,112,0301,089,280
Premises, equipment and software, net365,851370,632
Goodwill480,440452,390
Other intangible assets, net45,92827,124
Other assets2,587,3242,471,638
Total assets59,809,53459,731,378
Deposits:  
Non-interest-bearing deposits12,507,61615,639,899
Interest-bearing deposits38,231,56933,231,660
Total deposits50,739,18548,871,559
Federal funds purchased and securities sold under repurchase agreements189,074146,588
Other short-term borrowings3,496603,384
Long-term debt1,932,5344,109,597
Other liabilities1,801,0971,524,449
Total liabilities54,665,38655,255,577
Shareholders’ Equity  
Preferred stock - no par value; authorized 100,000,000 shares; issued 22,000,000537,145537,145
Common stock - $1.00 par value; authorized 342,857,143 shares; issued 171,360,188 and 170,141,492, respectively; outstanding 146,705,330 and 145,486,634, respectively171,360170,141
Additional paid-in capital3,955,8193,920,346
Treasury stock, at cost; 24,654,858 shares(944,484)(944,484)
Accumulated other comprehensive income (loss), net(1,117,073)(1,442,117)
Retained earnings2,517,2262,234,770
Total Synovus Financial Corp. shareholders’ equity5,119,9934,475,801
Noncontrolling interest in subsidiary24,1550
Total equity5,144,1484,475,801
Total liabilities and shareholders' equity$ 59,809,534$ 59,731,378
SNV
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services. It operates through four segments: Community Banking, Wholesale Banking, Consumer Banking, and Financial Management Services. The company's commercial banking services include treasury and asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its consumer banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and trust and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.
 CEO
 WEBSITEsynovus.com
 INDUSTRYBanks Diversified
 EMPLOYEES5097

Synovus Financial Corp Frequently Asked Questions


What is the ticker symbol for Synovus Financial Corp? What does SNV stand for in stocks?

SNV is the stock ticker symbol of Synovus Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Synovus Financial Corp (SNV)?

As of Tue Apr 23 2024, market cap of Synovus Financial Corp is 5.36 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SNV stock?

You can check SNV's fair value in chart for subscribers.

What is the fair value of SNV stock?

You can check SNV's fair value in chart for subscribers. The fair value of Synovus Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Synovus Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SNV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Synovus Financial Corp a good stock to buy?

The fair value guage provides a quick view whether SNV is over valued or under valued. Whether Synovus Financial Corp is cheap or expensive depends on the assumptions which impact Synovus Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SNV.

What is Synovus Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, SNV's PE ratio (Price to Earnings) is 9.86 and Price to Sales (PS) ratio is 1.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SNV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Synovus Financial Corp's stock?

In the past 10 years, Synovus Financial Corp has provided 0.076 (multiply by 100 for percentage) rate of return.