Synovus Financial (SNV) to Release Quarterly Earnings on Wednesday

Key Points

• Synovus Financial is expected to announce its Q3 2025 earnings on Wednesday, October 15th, with analyst predictions of $1.35 earnings per share and $604.59 million in revenue.
• The company declared a quarterly dividend of $0.39, representing a 3.3% dividend yield and a payout ratio of approximately 29.94%.
• Shares of Synovus Financial have recently seen a 1.5% decrease, opening at $47.72, with a 12-month trading range between $35.94 and $61.06.

Synovus Financial (NYSE:SNV - Get Free Report) will likely be announcing its Q3 2025 results after the market closes on Wednesday, October 15th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $604.59 million for the quarter. Synovus Financial has set its FY 2025 guidance at EPS.Individuals may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 16, 2025 at 8:30 AM ET.

Synovus Financial (NYSE:SNV - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The bank reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.23. Synovus Financial had a net margin of 21.52% and a return on equity of 16.20%. The business had revenue of $592.08 million during the quarter, compared to analysts' expectations of $584.89 million. During the same quarter in the prior year, the company posted $1.16 EPS. On average, analysts expect Synovus Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Synovus Financial Stock Down 1.5%

Shares of NYSE SNV opened at $47.72 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.77. Synovus Financial has a 12 month low of $35.94 and a 12 month high of $61.06. The firm has a market capitalization of $6.62 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 0.81 and a beta of 1.21. The firm has a fifty day simple moving average of $49.76 and a two-hundred day simple moving average of $48.48.

Synovus Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Thursday, September 18th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Thursday, September 18th. Synovus Financial's dividend payout ratio (DPR) is presently 29.94%.

Insider Activity at Synovus Financial

In related news, Director Gregory G. Montana acquired 1,000 shares of the business's stock in a transaction dated Thursday, July 31st. The shares were purchased at an average price of $46.74 per share, for a total transaction of $46,740.00. Following the completion of the acquisition, the director directly owned 4,341 shares in the company, valued at $202,898.34. The trade was a 29.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Kevin S. Blair acquired 4,040 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were bought at an average price of $49.40 per share, for a total transaction of $199,576.00. Following the acquisition, the chief executive officer owned 164,378 shares of the company's stock, valued at approximately $8,120,273.20. This represents a 2.52% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 8,040 shares of company stock valued at $392,916 over the last ninety days. Company insiders own 1.00% of the company's stock.

Institutional Investors Weigh In On Synovus Financial

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in Synovus Financial by 78.2% during the first quarter. Goldman Sachs Group Inc. now owns 523,479 shares of the bank's stock worth $24,467,000 after acquiring an additional 229,730 shares during the period. AQR Capital Management LLC grew its holdings in Synovus Financial by 7.1% during the second quarter. AQR Capital Management LLC now owns 3,059,102 shares of the bank's stock worth $158,309,000 after acquiring an additional 201,880 shares during the period. Sei Investments Co. grew its holdings in Synovus Financial by 168.6% during the second quarter. Sei Investments Co. now owns 201,883 shares of the bank's stock worth $10,447,000 after acquiring an additional 126,724 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Synovus Financial by 1,072.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 87,883 shares of the bank's stock worth $4,548,000 after acquiring an additional 80,388 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Synovus Financial by 44.1% during the second quarter. Quantinno Capital Management LP now owns 175,530 shares of the bank's stock worth $9,084,000 after acquiring an additional 53,748 shares during the period. Institutional investors and hedge funds own 83.85% of the company's stock.

Wall Street Analysts Forecast Growth

SNV has been the subject of a number of analyst reports. Stephens reduced their price objective on shares of Synovus Financial from $60.00 to $54.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 29th. Raymond James Financial lowered shares of Synovus Financial from a "moderate buy" rating to a "hold" rating in a research note on Monday, July 28th. JPMorgan Chase & Co. dropped their price objective on shares of Synovus Financial from $65.00 to $58.00 and set an "overweight" rating on the stock in a report on Wednesday, October 1st. Barclays lowered their price target on shares of Synovus Financial from $70.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, July 28th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Synovus Financial in a report on Saturday, September 27th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $58.50.

About Synovus Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.