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Synovus Financial Corporation (SNV)

Stock Price: $24.25 USD -0.80 (-3.19%)
Updated Oct 28, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.57B
Revenue (ttm) 1.66B
Net Income (ttm) 419.12M
Shares Out 147.32M
EPS (ttm) 2.31
PE Ratio 10.50
Forward PE 60.98
Dividend $1.32
Dividend Yield 5.44%

Stock Quote

Trading Day Oct 28, 2020
Last Price $24.25
Previous Close $25.05
Change ($) -0.80
Change (%) -3.19%
Day's Open 24.53
Day's Range 24.18 - 25.00
Day's Volume 915,596
52-Week Range 10.91 - 40.32

More Stats

Market Cap 3.57B
Enterprise Value 4.85B
Earnings Date (est) Jan 26, 2021
Ex-Dividend Date Sep 16, 2020
Shares Outstanding 147.32M
Float 146.03M
EPS (basic) 2.60
EPS (diluted) 2.31
FCF / Share -3.85
Dividend $1.32
Dividend Yield 5.44%
Earnings Yield 9.53%
FCF Yield n/a
Payout Ratio 48.50%
Shares Short 2.73M
Short Ratio 2.10
Short % of Float 1.87%
Beta 1.69
PE Ratio 10.50
Forward PE 60.98
P/FCF Ratio n/a
PS Ratio 2.15
PB Ratio 0.82
Revenue 1.66B
Operating Income 564.38M
Net Income 419.12M
Free Cash Flow -567.40M
Net Cash -1.28B
Net Cash / Share -8.70
Gross Margin 113.15%
Operating Margin 33.94%
Profit Margin 23.20%
FCF Margin -34.13%
ROA 0.75%
ROE 7.55%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (17)

Buy 11
Overweight 2
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$28.68*
(18.27% upside)
Low
24.0
Current: $24.25
High
34.0
Target: 28.68
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,8641,3771,3011,1441,0761,048994848844160
Revenue Growth35.38%5.79%13.73%6.33%2.74%5.37%17.28%0.41%426.31%-
Gross Profit1,8641,3771,3011,1441,0761,048994848844160
Operating Income77054750339336230625336.16-22.24-853
Net Income564428275247226195159830-60.62-791
Shares Outstanding15411812112413213812711211297.89
Earnings Per Share3.473.472.171.891.621.330.885.93-1.05-8.68
EPS Growth0%59.91%14.81%16.67%21.8%51.14%-85.16%---
Dividend Per Share1.201.000.600.480.420.310.280.280.280.28
Dividend Growth20%66.67%25%14.29%35.48%10.71%0%0%0%-
Operating Cash Flow621538631466445387605472646911
Capital Expenditures-61.21-53.16-51.11-34.32-28.38-38.68-28.47-27.11-11.06-18.61
Free Cash Flow560485580432417349577445635892
Cash & Equivalents1,1871,1449339411,2141,2191,1382,1362,0913,509
Total Debt4,0732,5451,8672,3212,3642,2662,1811,9281,6782,307
Net Cash / Debt-2,886-1,401-934-1,380-1,150-1,048-1,0432094131,202
Assets48,20332,66931,22230,10428,79327,05026,20226,76027,16330,093
Liabilities43,26229,53628,26027,17625,79224,00923,25323,19124,33527,069
Book Value4,9423,1342,9622,9283,0003,0412,9493,5692,8272,998
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Synovus Financial Corporation
Country United States
Employees 5,389
CEO Kessel D. Stelling

Stock Information

Ticker Symbol SNV
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Banks—Regional
Unique Identifier NYSE: SNV

Description

Synovus Financial operates as the bank holding company for Synovus Bank that provides various financial products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail 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, asset management and financial planning services, and individual investment advice on equity and other securities, as well as trust services. As of December 31, 2019, it operated through 298 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.