Synovus Financial (SNV)
(Delayed Data from NYSE)
$36.63 USD
+0.95 (2.66%)
Updated Apr 23, 2024 03:59 PM ET
After-Market: $36.62 -0.01 (-0.03%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth D Momentum D VGM
Company Summary
Founded in 1888, Columbus, GA-based Synovus Financial Corp. is a diverse financial services company, which conducts its banking operations through Synovus Bank. It provides integrated financial services, including commercial and consumer banking, investment, and mortgage services, to its customers through locally branded divisions of its wholly-owned subsidiary, Synovus Bank, which has 246 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee.
Synovus reports under three business segments — community banking, wholesale banking, and financial management services — with the remaining functional activities included in the treasury and corporate other segment.
On Sep 30, 2023, Synovus sold ...
Company Summary
Founded in 1888, Columbus, GA-based Synovus Financial Corp. is a diverse financial services company, which conducts its banking operations through Synovus Bank. It provides integrated financial services, including commercial and consumer banking, investment, and mortgage services, to its customers through locally branded divisions of its wholly-owned subsidiary, Synovus Bank, which has 246 branches in Alabama, Florida, Georgia, South Carolina, and Tennessee.
Synovus reports under three business segments — community banking, wholesale banking, and financial management services — with the remaining functional activities included in the treasury and corporate other segment.
On Sep 30, 2023, Synovus sold GLOBALT — its asset management firm — to its management team to strengthen its balance sheet and simplify its business mix.
In May 2019, Synovus completed the transition of FCB Financial Holdings, after concluding the buyout in January. The systems, customers, branches and branding of FCB has been transitioned into Synovus. Notably, the deal was valued at $2.9 billion.
In September 2017, Synovus completed the purchase of Cabela's banking operation — World's Foremost Bank — which issues store-branded credit cards.
In October 2016, Synovus acquired Atlanta-based specialty financial services company, Entaire Global Companies, Inc., for an up-front payment of $30 million.
As of Dec 31, 2023, Synovus had $59.80 billion of assets, $42.92 billion of total net loans, $50.73 billion of total deposits and $5.11 billion of shareholders' equity.
General Information
Synovus Financial Corp
1111 BAY AVENUE SUITE 500
COLUMBUS, GA 31901
Phone: 706-641-6500
Fax: 706-641-6555
Email: investorrelations@synovus.com
Industry | Banks - Southeast |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.92 |
Current Year EPS Consensus Estimate | 3.79 |
Estimated Long-Term EPS Growth Rate | 2.30 |
Exp Earnings Date | 7/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 35.68 |
52 Week High | 40.92 |
52 Week Low | 24.40 |
Beta | 1.40 |
20 Day Moving Average | 1,484,941.62 |
Target Price Consensus | 41.81 |
4 Week | -7.92 |
12 Week | -9.92 |
YTD | -5.23 |
4 Week | -4.11 |
12 Week | -11.41 |
YTD | -9.79 |
Shares Outstanding (millions) | 146.42 |
Market Capitalization (millions) | 5,224.15 |
Short Ratio | NA |
Last Split Date | 5/19/2014 |
Dividend Yield | 4.26% |
Annual Dividend | $1.52 |
Payout Ratio | 0.42 |
Change in Payout Ratio | 0.07 |
Last Dividend Payout / Amount | 3/20/2024 / $0.38 |
Fundamental Ratios
P/E (F1) | 9.41 |
Trailing 12 Months | 9.94 |
PEG Ratio | 4.09 |
vs. Previous Year | -40.60% |
vs. Previous Quarter | -1.25% |
vs. Previous Year | 6.07% |
vs. Previous Quarter | 7.36% |
Price/Book | 1.16 |
Price/Cash Flow | 7.11 |
Price / Sales | 1.49 |
3/31/24 | 12.93 |
12/31/23 | 14.95 |
9/30/23 | 17.48 |
3/31/24 | 0.94 |
12/31/23 | 1.06 |
9/30/23 | 1.19 |
3/31/24 | 0.89 |
12/31/23 | 0.89 |
9/30/23 | 0.90 |
3/31/24 | 0.89 |
12/31/23 | 0.89 |
9/30/23 | 0.90 |
3/31/24 | 16.05 |
12/31/23 | 18.54 |
9/30/23 | 21.34 |
3/31/24 | 13.29 |
12/31/23 | 15.74 |
9/30/23 | 20.14 |
3/31/24 | 17.04 |
12/31/23 | 20.15 |
9/30/23 | 25.68 |
3/31/24 | 30.76 |
12/31/23 | 31.50 |
9/30/23 | 27.53 |
3/31/24 | NA |
12/31/23 | 3.15 |
9/30/23 | 1.99 |
3/31/24 | 0.45 |
12/31/23 | 0.42 |
9/30/23 | 0.67 |
3/31/24 | 28.72 |
12/31/23 | 27.31 |
9/30/23 | 37.22 |