Synovus/SNV

$36.83

-0.94%
-
1D1W1MYTD1YMAX

About Synovus

Synovus Financial Corp. is a financial service and bank holding company. It conducts its banking operations through Synovus Bank (the Bank). The Bank operates primarily throughout Alabama, Florida, Georgia, South Carolina, and Tennessee. The Company's segments include Wholesale Banking, Community Banking, Consumer Banking, Financial Management Services and Treasury and Corporate Other. Its commercial banking services include commercial, financial, and real estate lending, treasury management, asset management, capital markets services, and institutional trust services. Its consumer banking services include 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. It operates approximately 246 branches and 354 ATMs across its footprint.

Ticker

SNV

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Kevin Blair

Employees

4,798

Headquarters

Columbus, United States

Synovus Metrics

BasicAdvanced
$5.39B
Market cap
10.64
P/E ratio
$3.46
EPS
1.43
Beta
$1.52
Dividend rate
4.13%
Dividend yield
$5.39B
1.42557
$40.92
$24.40
1.4M
$1.52
37.745
41.506
43.79%
0.91%
11.92%
10.64
2.443
1.179
1.174
5.401
3.58%
4.13%
4.13%
46.95%
-30.04%
19.12%
14.93%
4.81%

What the Analysts think about Synovus

Analyst Ratings

Majority rating from 17 analysts.
Buy

Price Targets

Average projection from 16 analysts.
18.03% upside
High $46.00
Low $37.00
$36.83
Current price
$43.47
Average price target

Synovus Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.37% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$839.6M
-5.99%
Net income
$70.3M
-27.53%
Profit margin
8.37%
-22.93%

Synovus Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 17.98%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.33
$1.16
$0.84
$1.06
-
Expected
$1.23
$1.15
$0.87
$0.90
$0.99
Surprise
8.55%
0.97%
-2.92%
17.98%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Synovus stock?

Synovus (SNV) has a market cap of $5.39B as of April 14, 2024.

What is the P/E ratio for Synovus stock?

The price to earnings (P/E) ratio for Synovus (SNV) stock is 10.64 as of April 14, 2024.

Does Synovus stock pay dividends?

Yes, the Synovus (SNV) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $1.52 and the yield is 4.13%. Synovus has a payout ratio of 43.79% on a trailing twelve-month basis.

When is the next Synovus dividend payment date?

The next Synovus (SNV) dividend payment date is unconfirmed.

What is the beta indicator for Synovus?

Synovus (SNV) has a beta rating of 1.43. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Synovus stock price target?

The target price for Synovus (SNV) stock is $43.47, which is 18.03% above the current price of $36.83. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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