Synovus Financial Corp. (SNV)

NYSE: SNV · IEX Real-Time Price · USD
43.89
+1.34 (3.15%)
Jul 15, 2024, 4:00 PM EDT - Market closed
3.15%
Market Cap 6.43B
Revenue (ttm) 1.93B
Net Income (ttm) 428.71M
Shares Out 146.44M
EPS (ttm) 2.92
PE Ratio 15.10
Forward PE 11.10
Dividend $1.52 (3.46%)
Ex-Dividend Date Jun 20, 2024
Volume 1,223,490
Open 43.00
Previous Close 42.55
Day's Range 42.90 - 44.38
52-Week Range 24.40 - 44.38
Beta 1.42
Analysts Buy
Price Target 42.12 (-4.03%)
Earnings Date Jul 17, 2024

About 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 lending services. Its consumer banking services comprise accepting customary types of demand and... [Read more]

Sector Financials
Founded 1888
Employees 4,879
Stock Exchange NYSE
Ticker Symbol SNV
Full Company Profile

Financial Performance

In 2023, SNV's revenue was $2.03 billion, a decrease of -4.25% compared to the previous year's $2.12 billion. Earnings were $507.76 million, a decrease of -29.94%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for SNV stock is "Buy." The 12-month stock price forecast is $42.12, which is a decrease of -4.03% from the latest price.

Price Target
$42.12
(-4.03% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Synovus to announce second quarter 2024 earnings results

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce second quarter 2024 earnings results.

27 days ago - Business Wire

Regional banks can 'earn their way out of risk' from commercial real estate: Janney's Chris Marinac

Chris Marinac, director of equity research at Janney Montgomery Scott, joins CNBC's 'The Exchange' to discuss why he disagrees with Moody's downgrade of some regional banks, how investors can position...

Other symbols: ABCBFCNCAFITBKRE
5 weeks ago - CNBC Television

Synovus announces quarterly dividends

COLUMBUS, Ga.--(BUSINESS WIRE)--The board of directors of Synovus Financial Corp. (NYSE: SNV) has declared quarterly dividends.

6 weeks ago - Business Wire

Synovus CEO on Q1 results after earnings miss

Kevin Blair, Synovus CEO, joins 'Money Movers' to discuss if the industry's guidance on net charge-offs is too conservative, what gives investors more confidence in regional banks, and more.

3 months ago - CNBC Television

Synovus announces earnings for the first quarter 2024

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2024.

3 months ago - Business Wire

Synovus Financial Corp. releases 2023 Annual Report

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. has released its 2023 Annual Report, which highlights the company's progress toward its strategic priorities.

3 months ago - Business Wire

Synovus introduces Accelerate Pay for business payments

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus introduces Accelerate Pay for business payments.

3 months ago - Business Wire

Why S&P Cut Outlook for Five US Regional Banks With Heavy Commercial Real Estate Exposure

Five smaller U.S. banks with exposure to commercial real estate have been hit with credit-rating outlook downgrades, the latest development threatening to make borrowing more difficult for businesses ...

Other symbols: FCFMTBTRMKVLY
3 months ago - Investopedia

Synovus to announce first quarter 2024 earnings results

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce first quarter 2024 earnings results.

4 months ago - Business Wire

Synovus Announces Quarterly Dividends

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus announces quarterly dividends.

4 months ago - Business Wire

Synovus to participate at BofA Securities Financial Services Conference

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair will participate in a fireside chat at the 32nd annual BofA Securities Financial Services Co...

5 months ago - Business Wire

Synovus CEO Kevin Blair: Higher for longer interest rates would be good for us

Synovus CEO Kevin Blair joins 'Money Movers' to discuss the company's quarterly earnings results, when deposit costs will peak in 2024, and more.

6 months ago - CNBC Television

Synovus announces earnings for the fourth quarter 2023

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus announces earnings for the fourth quarter 2023.

6 months ago - Business Wire

Synovus to announce fourth quarter 2023 earnings results

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce fourth quarter 2023 earnings results after the market closes on Wednesday, Jan. 17, 2024, and host a conference call a...

7 months ago - Business Wire

Synovus announces expiration and final tender results of its previously announced tender offer

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) announced today the expiration and final results of its previously announced cash tender offer (the “Tender Offer”) to purchase up t...

8 months ago - Business Wire

Synovus announces early tender results in connection with previously announced tender offer and extends early tender payment to apply through expiration time

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) announced today the results as of 5 p.m., New York City time, on Nov. 15, 2023 (the “Early Tender Time”), of its previously announce...

8 months ago - Business Wire

Synovus to present at Goldman Sachs 2023 US Financial Services Conference

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair will make an investor presentation at the Goldman Sachs 2023 U.S. Financial Services Confere...

8 months ago - Business Wire

Synovus announces offer to purchase up to $150 million aggregate principal amount of its 5.900% fixed-to-fixed rate subordinated notes due 2029

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) announced today that it has commenced a cash tender offer to purchase up to $150 million in aggregate principal amount (as such amou...

9 months ago - Business Wire

Synovus to present at BancAnalysts Association of Boston Conference

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) Chairman, CEO and President Kevin Blair and Chief Financial Officer Jamie Gregory will present at the BancAnalysts Association of Bo...

9 months ago - Business Wire

Credit quality has been manageable and within our expectations, says Synovus CEO Kevin Blair

Synovus CEO Kevin Blair joins 'Squawk on the Street' to discuss the credit quality Synovus sees, how the higher rates have impacted Synovus' business, and more.

9 months ago - CNBC Television

Synovus announces earnings for the third quarter 2023

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus announces earnings for the third quarter 2023.

9 months ago - Business Wire

Synovus Bank Extends Sagent Software Deal 5 Years to Power Mortgage Servicing & Analytics

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- #fintech--Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, today announced a five-year partnership...

9 months ago - Business Wire

This Stock Has A 5.65% Yield And Sells For Less Than Book

the recent SNV share price of $26.89 represents a price-to-book ratio of 0.9 and an annual dividend yield of 5.65%

10 months ago - Forbes

GLOBALT and Synovus complete transaction to make GLOBALT independent entity

ATLANTA--(BUSINESS WIRE)--GLOBALT Investments LLC and Synovus Financial Corp. (NYSE:SNV) today announced the completion of a transaction through which the leadership team of GLOBALT has purchased the ...

10 months ago - Business Wire

Synovus to announce third quarter 2023 results on Oct. 19, 2023

COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) will announce third quarter 2023 results on Thursday, Oct. 19, 2023.

10 months ago - Business Wire