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Synovus Financial Corporation (SNV)

NYSE: SNV · IEX Real-Time Price · USD
46.93 -2.95 (-5.91%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap6.83B
Revenue (ttm)2.01B
Net Income (ttm)677.31M
Shares Out145.51M
EPS (ttm)4.55
PE Ratio10.32
Forward PE11.96
Dividend$1.32 (2.81%)
Ex-Dividend DateSep 15, 2021
Volume525,231
Open48.90
Previous Close49.88
Day's Range46.45 - 47.97
52-Week Range30.35 - 50.51
Beta1.58
AnalystsBuy
Price Target55.75 (+18.8%)
Earnings Daten/a

About SNV

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking 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 accoun...

IndustryBanks
Founded1888
CEOKessel Stelling
Employees4,953
Stock ExchangeNYSE
Ticker SymbolSNV
Full Company Profile

Financial Performance

In 2020, SNV's revenue was $1.66 billion, a decrease of -10.72% compared to the previous year's $1.86 billion. Earnings were $373.70 million, a decrease of -33.72%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for SNV stock is "Buy." The 12-month stock price forecast is 55.75, which is an increase of 18.79% from the latest price.

Price Target
$55.75
(18.79% upside)
Analyst Consensus: Buy

News

Synovus to Present at Goldman Sachs 2021 US Financial Services Conference

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) President and CEO Kevin Blair and CFO Jamie Gregory will present at the Goldman Sachs 2021 US Financial Services Conference on Tuesday...

1 week ago - Business Wire

Why Is Synovus (SNV) Down 0.9% Since Last Earnings Report?

Synovus (SNV) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

FBP or SNV: Which Is the Better Value Stock Right Now?

FBP vs. SNV: Which Stock Is the Better Value Option?

Other symbols:FBP
3 weeks ago - Zacks Investment Research

Synovus to Present at the BofA Banking and Financials Conference 2021

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) President and CEO Kevin Blair and CFO Jamie Gregory will present at the virtual BofA Banking and Financials Conference 2021 on Tuesday...

3 weeks ago - Business Wire

Synovus (SNV) Stock Up 3.56% on Q3 Earnings & Revenue Beat

Synovus' (SNV) Q3 earnings reflect solid revenues and improved organic growth despite a low-rate economy that hurt margins.

1 month ago - Zacks Investment Research

Synovus Financial (SNV) Tops Q3 Earnings and Revenue Estimates

Synovus (SNV) delivered earnings and revenue surprises of 12.15% and 2.43%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Synovus Announces Earnings for the Third Quarter 2021

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended September 30, 2021. Third Quarter 2021 Highlights Net income available to commo...

1 month ago - Business Wire

Synovus Financial (SNV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Synovus (SNV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Synovus to Announce Third Quarter 2021 Results on October 19, 2021

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce third quarter 2021 results on Tuesday, October 19, 2021. An earnings press release will be published prior to the earnin...

2 months ago - Business Wire

Synovus Announces Quarterly Dividends

COLUMBUS, Ga.--(BUSINESS WIRE)--The Board of Directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends: $0.33 per share on the company's common stock, payable on Oc...

2 months ago - Business Wire

Meredith Forrester to Join Synovus as New Chief Audit Executive

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today announced the appointment of Meredith Forrester as executive vice president and chief audit executive, effective September 8. Sh...

3 months ago - Business Wire

Synovus (SNV) Up 0.9% Since Last Earnings Report: Can It Continue?

Synovus (SNV) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Synovus (SNV) Q2 Earnings Beat Estimates, Provisions Fall

Synovus' (SNV) Q2 earnings reflect solid revenues and improved deposits despite a low-rate economy that hurt margins.

4 months ago - Zacks Investment Research

Synovus Financial (SNV) Beats Q2 Earnings and Revenue Estimates

Synovus (SNV) delivered earnings and revenue surprises of 16.50% and 0.98%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Recap: Synovus Finl Q2 Earnings

Shares of Synovus Finl (NYSE:SNV) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 421.74% year over year to $1.20, which beat the estimate of $1.04.

4 months ago - Benzinga

Synovus Announces Earnings for the Second Quarter 2021

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended June 30, 2021. Second Quarter 2021 Highlights Net income available to common sh...

4 months ago - Business Wire

Why Earnings Season Could Be Great for Synovus (SNV)

Synovus (SNV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

Synovus Financial (SNV) Reports Next Week: Wall Street Expects Earnings Growth

Synovus (SNV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

7 Best Financial Stocks for the Rest of 2021

Financial stocks have done well in 2021 amid a strong economic recovery. Here are seven top sector picks for the remainder of the year.

Other symbols:FOCSMBINSBNYSCHWVWLTW
4 months ago - Kiplinger

Synovus to Announce Second Quarter 2021 Results on July 20, 2021

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce second quarter 2021 results on Tuesday, July 20, 2021. An earnings press release will be published prior to the earnings...

5 months ago - Business Wire

Synovus (SNV) Benefits From Acquisitions, Costs Increase

Synovus' (SNV) focus on strategic opportunities and continued organic growth are encouraging. Yet, rising costs might deter bottom-line growth.

5 months ago - Zacks Investment Research

Synovus Announces Quarterly Dividends

COLUMBUS, Ga.--(BUSINESS WIRE)--The Board of Directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends: $0.33 per share on the company's common stock to shareholder...

5 months ago - Business Wire

Top Ranked Income Stocks to Buy for June 3rd

Top Ranked Income Stocks to Buy for June 3rd

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5 months ago - Zacks Investment Research

New Strong Buy Stocks for June 3rd

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5 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for May 21st

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6 months ago - Zacks Investment Research