Synovus Financial (SNV) Stock Price, News & Analysis

Company Overview

Synovus Financial Corp. is a diversified financial services company headquartered in Columbus, Georgia. Tracing its roots to 1888 with the founding of Columbus Bank and Trust Co., Synovus has grown through strategic mergers and organic expansion to become a prominent regional bank. The company operates through its primary subsidiary, Synovus Bank, offering a full range of banking and financial services to individuals and businesses.

Synovus’s core business activities encompass commercial and consumer banking, mortgage banking, and wealth management. Its commercial banking segment provides lending solutions, treasury management, and industry-specialized financing for small to mid-sized enterprises. The consumer banking division delivers checking and savings accounts, personal loans, home equity lines of credit, and credit card services. Additionally, the company’s mortgage arm offers home purchase and refinance options, while its investment services unit supports financial planning and asset management.

Serving markets across the Southeastern United States, Synovus maintains a network of branch offices and ATM locations in Georgia, Alabama, Florida, South Carolina, and Tennessee. The bank has expanded its digital footprint with online and mobile banking platforms that enable customers to manage accounts, make payments, and apply for loans remotely. Synovus also deploys automated teller machines and specialized commercial banking centers to meet the diverse needs of retail and corporate clients.

Under the leadership of President and Chief Executive Officer Kevin Blair, Synovus emphasizes strategic growth, operational efficiency, and customer-centric innovation. The company’s executive team combines extensive banking expertise with a focus on community engagement and technological advancement. Synovus continues to prioritize digital transformation initiatives, risk management best practices, and talent development to strengthen its competitive position in the regional banking sector.

Key Stats

• Today's Range: $55.00 to $56.17
• 50-Day Range: $42.99 to $54.94
• 52-Week Range: $35.94 to $59.92
• Volume: 746,673 shs
• Average Volume: 1.37 million shs
• Market Capitalization: $7.66 billion
• P/E Ratio: 15.43
• Dividend Yield: 2.83%
• Price Target: $57.11
• Consensus Rating: Moderate Buy

Synovus Financial Stock Analysis - MarketRank™

Synovus Financial scored higher than 96% of companies evaluated by MarketBeat, and ranked 74th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Synovus Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 9 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Synovus Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 11.45%

Earnings Growth

Earnings for Synovus Financial are expected to grow by 11.45% in the coming year, from $4.89 to $5.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Synovus Financial is 15.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Synovus Financial is 15.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.08.

Price to Earnings Growth Ratio

Synovus Financial has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Synovus Financial has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.80% of the float of Synovus Financial has been sold short.

Short Interest Ratio / Days to Cover

Synovus Financial has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Synovus Financial has recently decreased by 12.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Synovus Financial pays a meaningful dividend of 2.90%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Synovus Financial has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Synovus Financial is 43.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Synovus Financial will have a dividend payout ratio of 28.62% next year. This indicates that Synovus Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -0.71

Percentage of Shares Shorted

2.80% of the float of Synovus Financial has been sold short.

Short Interest Ratio / Days to Cover

Synovus Financial has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Synovus Financial has recently decreased by 12.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

Synovus Financial has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Synovus Financial this week, compared to 9 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Synovus Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Synovus Financial is held by insiders.

Percentage Held by Institutions

83.85% of the stock of Synovus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SNV Stock Analysis - Frequently Asked Questions

How have SNV shares performed this year?

Synovus Financial's stock was trading at $51.23 at the start of the year. Since then, SNV shares have increased by 7.6% and is now trading at $55.10.

How were Synovus Financial's earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) issued its quarterly earnings results on Wednesday, April, 16th. The bank reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.19. The bank had revenue of $573.24 million for the quarter, compared to analysts' expectations of $572.35 million. Synovus Financial had a trailing twelve-month return on equity of 15.87% and a net margin of 16.19%.
Read the conference call transcript.

Does Synovus Financial have any subsidiaries?

Synovus Financial subsidiaries include Florida Community Bank.

How do I buy shares of Synovus Financial?

Shares of SNV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Synovus Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Synovus Financial investors own include Bristol Myers Squibb (BMY), Chevron (CVX), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Toronto Dominion Bank (TD).

Company Calendar

• Last Earnings: 4/16/2025
• Ex-Dividend for 7/1 Dividend: 6/18/2025
• Record date for 7/1 Dividend: 6/19/2025
• Dividend Payable: 7/01/2025
• Today: 7/03/2025
• Next Earnings (Estimated): 7/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:SNV
• CIK: 18349
• Web: www.synovus.com
• Phone: (706) 641-6500
• Fax: 706-641-6555
• Employees: 4,775
• Year Founded: 1888

Price Target and Rating

• Average Stock Price Target: $57.11
• High Stock Price Target: $76.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: +4.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.61
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.57
• Trailing P/E Ratio: 15.39
• Forward P/E Ratio: 11.24
• P/E Growth: 1.04
• Net Income: $482.46 million
• Net Margins: 16.19%
• Pretax Margin: 20.37%
• Return on Equity: 15.87%
• Return on Assets: 1.26%

Debt

• Debt-to-Equity Ratio: 0.43
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $3.43 billion
• Price / Sales: 2.22
• Cash Flow: $5.37 per share
• Price / Cash Flow: 10.23
• Book Value: $33.38 per share
• Price / Book: 1.65

Miscellaneous

• Outstanding Shares: 139,010,000
• Free Float: 137,623,000
• Market Cap: $7.64 billion
• Optionable: Optionable
• Beta: 1.19