Synovus Financial Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $30.145
- Today's High:
- $30.96
- Open Price:
- $30.3
- 52W Low:
- $24.8899
- 52W High:
- $43.4425
- Prev. Close:
- $30.19
- Volume:
- 1351755
Company Statistics
- Market Cap.:
- $4.41 billion
- Book Value:
- 29.047
- Revenue TTM:
- $2.24 billion
- Operating Margin TTM:
- 47.14%
- Gross Profit TTM:
- $2.12 billion
- Profit Margin:
- 35.11%
- Return on Assets TTM:
- 1.33%
- Return on Equity TTM:
- 16.71%
Company Profile
Synovus Financial Corp had its IPO on 1990-01-12 under the ticker symbol SNV.
The company operates in the Financial Services sector and Banks-Regional industry. Synovus Financial Corp has a staff strength of 5,097 employees.
Stock update
Shares of Synovus Financial Corp opened at $30.3 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $30.15 - $30.96, and closed at $30.35.
This is a +0.53% increase from the previous day's closing price.
A total volume of 1,351,755 shares were traded at the close of the day’s session.
In the last one week, shares of Synovus Financial Corp have slipped by -5.39%.
Synovus Financial Corp's Key Ratios
Synovus Financial Corp has a market cap of $4.41 billion, indicating a price to book ratio of 1.5623 and a price to sales ratio of 2.5102.
In the last 12-months Synovus Financial Corp’s revenue was $2.24 billion with a gross profit of $2.12 billion and an EBITDA of $0. The EBITDA ratio measures Synovus Financial Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Synovus Financial Corp’s operating margin was 47.14% while its return on assets stood at 1.33% with a return of equity of 16.71%.
In Q2, Synovus Financial Corp’s quarterly earnings growth was a negative -2.6% while revenue growth was a positive 3.7%.
Synovus Financial Corp’s PE and PEG Ratio
- Forward PE
- 7.7942
- Trailing PE
- 5.885
- PEG
- 2.34
Its diluted EPS in the last 12-months stands at $5.13 per share while it has a forward price to earnings multiple of 7.7942 and a PEG multiple of 2.34. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Synovus Financial Corp’s profitability.
Synovus Financial Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.5102.
Synovus Financial Corp stock pays annual dividends of $1.44 per share, indicating a yield of 5.03% and a payout ratio of 28.57%.
Balance sheet and cash flow metrics
- Total Assets
- $60.66 billion
- Total Liabilities
- $1.46 million
- Operating Cash Flow
- $-285566000.00
- Capital Expenditure
- $6.18 million
- Dividend Payout Ratio
- 28.57%
Synovus Financial Corp ended 2024 with $60.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $60.66 billion while shareholder equity stood at $4.78 billion.
Synovus Financial Corp ended 2024 with $0 in deferred long-term liabilities, $1.46 million in other current liabilities, 170808000.00 in common stock, $2.48 billion in retained earnings and $475.57 million in goodwill. Its cash balance stood at $2.02 billion and cash and short-term investments were $11.64 billion. The company’s total short-term debt was $1,461,000 while long-term debt stood at $4.02 billion.
Synovus Financial Corp’s total current assets stands at $11.64 billion while long-term investments were $9.62 billion and short-term investments were $9.62 billion. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.
In 2024, Synovus Financial Corp's operating cash flow was $-285566000.00 while its capital expenditure stood at $6.18 million.
Comparatively, Synovus Financial Corp paid $0.29 in dividends in 2024.
Other key metrics
- Current Trading Price
- $30.35
- 52-Week High
- $43.4425
- 52-Week Low
- $24.8899
- Analyst Target Price
- $37.93
Synovus Financial Corp stock is currently trading at $30.35 per share. It touched a 52-week high of $43.4425 and a 52-week low of $43.4425. Analysts tracking the stock have a 12-month average target price of $37.93.
Its 50-day moving average was $31.99 and 200-day moving average was $33.41 The short ratio stood at 2.79 indicating a short percent outstanding of 0%.
Around 157.8% of the company’s stock are held by insiders while 8060.7% are held by institutions.
Frequently Asked Questions About Synovus Financial Corp
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About
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 loans. Its consumer 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, and trust and financial planning services, as well as provides individual investment advice on equity and other securities. The company was founded in 1888 and is headquartered in Columbus, Georgia.