Synovus Financial Corp. Company Profile (NYSE:SNV)

About Synovus Financial Corp.

Synovus Financial Corp. logoSynovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus Bank offers commercial banking services and retail banking services. Its commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Its retail banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: SNV
  • CUSIP: 87161C10
Key Metrics:
  • Previous Close: $42.61
  • 50 Day Moving Average: $41.86
  • 200 Day Moving Average: $36.92
  • 52-Week Range: $26.59 - $43.18
  • Trailing P/E Ratio: 22.34
  • Foreward P/E Ratio: 16.63
  • P/E Growth: 2.39
  • Market Cap: $5.16B
  • Outstanding Shares: 122,266,000
  • Beta: 1.25
Profitability:
  • Net Margins: 19.04%
  • Return on Equity: 8.94%
  • Return on Assets: 0.85%
Debt:
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
Additional Links:
Companies Related to Synovus Financial Corp.:

Analyst Ratings

Consensus Ratings for Synovus Financial Corp. (NYSE:SNV) (?)
Ratings Breakdown: 10 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $36.90 (12.62% downside)

Analysts' Ratings History for Synovus Financial Corp. (NYSE:SNV)
Show:
DateFirmActionRatingPrice TargetDetails
2/2/2017JMP SecuritiesInitiated CoverageMarket PerformView Rating Details
1/9/2017Wells Fargo & CoUpgradeUnderperform -> Market PerformView Rating Details
1/9/2017Hovde GroupDowngradeOutperform -> Market Perform$44.00View Rating Details
12/28/2016Sanford C. BernsteinReiterated RatingMarket PerformView Rating Details
12/6/2016Barclays PLCUpgradeUnderweight -> Equal Weight$32.00 -> $41.00View Rating Details
11/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$36.00 -> $39.00View Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralView Rating Details
7/9/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
6/29/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
4/20/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
2/11/2016Morgan StanleyDowngradeEqual Weight -> Underweight$29.00View Rating Details
10/27/2015Jefferies Group LLCBoost Price TargetHold$31.00View Rating Details
9/1/2015SunTrust Banks, Inc.Lower Price TargetBuy$37.00 -> $36.00View Rating Details
7/22/2015Evercore ISIBoost Price TargetBuy$32.00 -> $34.00View Rating Details
4/22/2015StephensBoost Price TargetOverweight$29.00 -> $31.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Synovus Financial Corp. (NYSE:SNV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/17/2017Q416$0.53$0.54$300.21 million$301.70 millionViewN/AView Earnings Details
10/18/2016Q316$0.50$0.52$294.52 millionViewListenView Earnings Details
7/19/2016Q216$0.47$0.49$288.06 million$289.30 millionViewListenView Earnings Details
4/19/2016Q116$0.44$0.43$282.86 millionViewListenView Earnings Details
1/19/2016Q415$0.43$0.44$277.56 millionViewListenView Earnings Details
10/20/2015Q315$0.42$0.42$275.23 millionViewListenView Earnings Details
7/21/2015Q215$0.39$0.42$273.47 millionViewListenView Earnings Details
4/21/2015Q115$0.36$0.38$269.38 million$269.10 millionViewN/AView Earnings Details
1/27/2015Q414$0.36$0.39$272.30 million$263.80 millionViewN/AView Earnings Details
10/21/2014Q314$0.37$0.37$272.35 million$270.30 millionViewListenView Earnings Details
7/22/2014Q214$0.48$0.35$266.53 million$268.40 millionViewN/AView Earnings Details
4/22/2014Q114$0.05$0.05$263.30 millionViewN/AView Earnings Details
1/21/2014Q413$0.05$0.05$270.05 millionViewN/AView Earnings Details
10/22/2013Q313$0.04$0.04$271.00 millionViewN/AView Earnings Details
7/18/2013Q2 2013$0.03$0.03$271.10 millionViewN/AView Earnings Details
4/23/2013Q1 2013$0.02$0.02$272.67 millionViewListenView Earnings Details
1/22/2013Q4 2012($0.09)$0.78$278.94 millionViewN/AView Earnings Details
10/23/2012$0.03$0.02ViewN/AView Earnings Details
7/24/2012$0.02$0.03ViewN/AView Earnings Details
4/24/2012$0.01$0.02ViewN/AView Earnings Details
1/24/2012$0.01ViewN/AView Earnings Details
10/27/2011($0.03)$0.02ViewN/AView Earnings Details
7/28/2011($0.06)($0.06)ViewN/AView Earnings Details
4/26/2011($0.12)($0.09)ViewN/AView Earnings Details
1/28/2011($0.20)($0.23)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Synovus Financial Corp. (NYSE:SNV)
Current Year EPS Consensus Estimate: $2.23 EPS
Next Year EPS Consensus Estimate: $2.54 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.43$0.46$0.44
Q2 20162$0.47$0.47$0.47
Q3 20163$0.48$0.51$0.50
Q4 20163$0.52$0.54$0.53
Q1 20173$0.51$0.53$0.52
Q2 20173$0.52$0.55$0.54
Q3 20173$0.56$0.59$0.58
Q4 20173$0.58$0.61$0.60
Q1 20182$0.55$0.64$0.60
Q2 20182$0.61$0.66$0.64
Q3 20182$0.63$0.69$0.66
Q4 20181$0.69$0.69$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Synovus Financial Corp. (NYSE:SNV)
Annual Dividend:$0.48
Dividend Yield:1.14%
Dividend Growth:19.70% (3 Year Average)
Payout Ratio:25.26% (Based on Trailing 12 Months of Earnings)
21.52% (Based on Current Year Consensus EPS Estimate)
18.90% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Synovus Financial Corp. (NYSE:SNV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/2/2016quarterly$0.121.21%12/13/201612/15/20161/2/2017
9/1/2016quarterly$0.121.43%9/13/20169/15/201610/3/2016
6/2/2016quarterly$0.121.52%6/14/20166/16/20167/1/2016
3/4/2016quarterly$0.121.66%3/15/20163/17/20164/1/2016
12/3/2015quarterly$0.121.44%12/15/201512/17/20151/4/2016
9/2/2015quarterly$0.101.33%9/15/20159/17/201510/1/2015
6/4/2015quarterly$0.101.34%6/16/20156/18/20157/1/2015
3/4/2015quarterly$0.101.45%3/17/20153/19/20154/1/2015
12/3/2014quarterly$0.101.54%12/16/201412/18/20141/2/2015
9/3/2014quarterly$0.071.16%9/16/20149/18/201410/1/2014
5/20/2014quarterly$0.076/17/20146/19/20147/1/2014
3/7/2014quarterly$0.011.13%3/18/20143/20/20144/1/2014
12/5/2013quarterly$0.011.17%12/17/201312/19/20131/2/2014
9/4/2013quarterly$0.011.25%9/17/20139/19/201310/1/2013
6/5/2013quarterly$0.011.52%6/18/20136/20/20137/1/2013
3/5/2013quarterly$0.011.49%3/19/20133/21/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Synovus Financial Corp. (NYSE:SNV)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 77.43%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/13/2017Allan E. KamenskyGeneral CounselBuy1,110$42.20$46,842.00View SEC Filing  
1/24/2017Allen J GulaCOOSell2,450$41.76$102,312.00View SEC Filing  
11/8/2016Curtis J PerryEVPSell8,000$33.66$269,280.00View SEC Filing  
10/27/2016Mark G HolladayVPSell6,035$33.28$200,844.80View SEC Filing  
10/21/2016Liliana C McdanielInsiderSell300$32.78$9,834.00View SEC Filing  
8/5/2016Liliana C McdanielInsiderSell300$31.77$9,531.00View SEC Filing  
5/17/2016R Dallis Copeland JrEVPSell8,000$30.10$240,800.00View SEC Filing  
2/3/2016Allan E KamenskyGeneral CounselBuy3,450$28.85$99,532.50View SEC Filing  
1/21/2016Tim E BentsenDirectorBuy2,700$28.09$75,843.00View SEC Filing  
7/24/2015Kevin Joseph HowardEVPSell5,430$31.85$172,945.50View SEC Filing  
2/6/2015Mark G HolladayVPSell5,400$27.96$150,984.00View SEC Filing  
8/11/2014Allan E KamenskyGeneral CounselBuy5,654$22.87$129,306.98View SEC Filing  
3/4/2014Kevin Joseph HowardEVPSell27,500$3.52$96,800.00View SEC Filing  
2/24/2014Allan KamenskyGeneral CounselBuy5,900$3.43$20,237.00View SEC Filing  
10/30/2013R Dallis Copeland JrEVPSell50,000$3.30$165,000.00View SEC Filing  
7/24/2013J Neal PurcellDirectorBuy50,000$3.09$154,500.00View SEC Filing  
7/24/2013Kessel D StellingCEOBuy20,000$3.09$61,800.00View SEC Filing  
7/24/2013Mark G HolladayVPBuy1,500$3.09$4,635.00View SEC Filing  
7/23/2013T Michael GoodrichDirectorBuy100,000$3.09$309,000.00View SEC Filing  
5/9/2013Jerry W NixDirectorBuy20,000$2.76$55,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Synovus Financial Corp. (NYSE:SNV)
DateHeadline
nasdaq.com logoSynovus Financial Corp.'s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C Shares Cross 7% Yield Mark (NYSE:SNV)
www.nasdaq.com - February 24 at 10:31 PM
News IconStock Update on Earnings & Estimates for Synovus Financial Corp ... - Aiken Advocate (NYSE:SNV)
aikenadvocate.com - February 24 at 7:40 AM
News IconStock Focus: Watching Shares of Synovus Financial Corp (SNV) - Baldwin Journal (NYSE:SNV)
baldwinjournal.com - February 24 at 7:40 AM
News IconWatching Shares of Synovus Financial Corp (SNV) — Stock Focus (NYSE:SNV)
hoyentv.com - February 23 at 8:06 PM
News IconAnalysts Peer Into Their Crystal Balls For Synovus Financial Corp. (NYSE:SNV): Where Is It headed? - Winfield Review (NYSE:SNV)
winfieldreview.com - February 22 at 9:57 AM
News IconAnd the winner is ... Synovus with 28 Greenwich Excellence Awards (NYSE:SNV)
www.ledger-enquirer.com - February 18 at 6:56 PM
nasdaq.com logoSynovus (SNV) Up 3.4% Since Earnings Report: Can It Continue ... - Nasdaq (NYSE:SNV)
www.nasdaq.com - February 18 at 8:47 AM
News IconTrading Review: Narrowing in on Shares of Synovus Financial Corporation (SNV) - Midway Monitor (NYSE:SNV)
midwaymonitor.com - February 17 at 7:28 PM
finance.yahoo.com logoSynovus (SNV) Up 3.4% Since Earnings Report: Can It Continue? (NYSE:SNV)
finance.yahoo.com - February 17 at 7:28 PM
News IconSynovus Mortgage adds four loan originators (NYSE:SNV)
www.mdjonline.com - February 16 at 7:42 PM
finance.yahoo.com logoSynovus Wins 28 Greenwich Excellence Awards (NYSE:SNV)
finance.yahoo.com - February 16 at 7:42 PM
streetinsider.com logoForm 4 SYNOVUS FINANCIAL CORP For: Feb 03 Filed by: Perry Curtis J (NYSE:SNV)
www.streetinsider.com - February 11 at 3:03 AM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:SNV)
biz.yahoo.com - February 11 at 3:03 AM
prnewswire.com logoResearch Reports on Banking Equities -- Citizens Financial, Synovus Financial ... (NYSE:SNV)
www.prnewswire.com - February 10 at 4:26 AM
finance.yahoo.com logoIs Synovus Financial (SNV) Stock a Solid Choice Right Now? (NYSE:SNV)
finance.yahoo.com - February 10 at 4:26 AM
bizjournals.com logoSynovus airing two Super Bowl commercials (VIDEO) (NYSE:SNV)
www.bizjournals.com - February 6 at 8:00 PM
News IconDeputy coroner’s bucket list lands him a role in Super Bowl commercial ad campaign (NYSE:SNV)
www.macon.com - February 6 at 8:19 AM
News IconSynovus Financial Corp. (SNV) is Initiated by JMP Securities to “Mkt Perform” - Highland Mirror (NYSE:SNV)
www.highlandmirror.com - February 5 at 12:57 AM
streetinsider.com logoForm 4 SYNOVUS FINANCIAL CORP For: Jan 31 Filed by: Gula Allen J (NYSE:SNV)
www.streetinsider.com - February 3 at 5:25 AM
finance.yahoo.com logoCoverage initiated on Synovus by JMP Securities (NYSE:SNV)
finance.yahoo.com - February 3 at 5:25 AM
capitalcube.com logoSynovus Financial Corp. : SNV-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:SNV)
www.capitalcube.com - February 1 at 5:45 AM
News IconWhat is the Street Saying About Synovus Financial Corp. (NYSE:SNV)? - Aiken Advocate (NYSE:SNV)
aikenadvocate.com - January 27 at 3:41 AM
News IconEVP & Chief Operations Officer of Synovus Financial Corp (NYSE:SNV), Gula Allen J, sells 2,450 shares worth $102,312 (NYSE:SNV)
empowerednews.net - January 26 at 5:45 AM
News IconEarnings in Full Force, Analysts Take Aim at Synovus Financial Corp. (NYSE:SNV) - Wall Street Beacon (NYSE:SNV)
wsbeacon.com - January 25 at 6:00 AM
investopedia.com logoZacks: Synovus Exceeds Q4 Expectations (SNV) (NYSE:SNV)
www.investopedia.com - January 23 at 9:39 PM
4-traders.com logoSynovus Financial : F.Dixon Brooke Jr. Appointed to Synovus Board of Directors (NYSE:SNV)
www.4-traders.com - January 22 at 5:43 AM
News IconTechnical Watch: ATR in View on Shares of Synovus Financial Corporation (SNV) - Sherwood Daily (NYSE:SNV)
sherwooddaily.com - January 21 at 7:39 PM
News IconSynovus Financial Corp. (NYSE:SNV):Brokerage Firm Rating Analysis - Highland Mirror (NYSE:SNV)
www.highlandmirror.com - January 21 at 2:01 AM
streetinsider.com logoSynovus Financial (SNV) Appoints F. Dixon Brooke Jr. to Board of ... - StreetInsider.com (NYSE:SNV)
www.streetinsider.com - January 21 at 2:01 AM
nasdaq.com logoSynovus Financial Reaches Analyst Target Price (NYSE:SNV)
www.nasdaq.com - January 20 at 6:46 AM
streetinsider.com logoForm 8-K SYNOVUS FINANCIAL CORP For: Jan 18 (NYSE:SNV)
www.streetinsider.com - January 20 at 6:46 AM
4-traders.com logoSynovus Financial : F. Dixon Brooke Jr. Appointed to Synovus Board of Directors (NYSE:SNV)
www.4-traders.com - January 20 at 6:46 AM
finance.yahoo.com logoF. Dixon Brooke Jr. Appointed to Synovus Board of Directors (NYSE:SNV)
finance.yahoo.com - January 20 at 6:46 AM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibi (NYSE:SNV)
biz.yahoo.com - January 20 at 6:46 AM
finance.yahoo.com logoSynovus (SNV) Q4 Earnings Beat, High Expenses Hit Stock (NYSE:SNV)
finance.yahoo.com - January 18 at 11:23 PM
reuters.com logoBRIEF-Synovus Financial Q4 adjusted earnings per share $0.54 (NYSE:SNV)
in.reuters.com - January 17 at 9:35 PM
nasdaq.com logoSynovus Financial Q4 Earnings Climb 15% (NYSE:SNV)
www.nasdaq.com - January 17 at 9:35 PM
bizjournals.com logoThis Nashville bank is changing its name (NYSE:SNV)
www.bizjournals.com - January 17 at 9:35 PM
finance.yahoo.com logoEdited Transcript of SNV earnings conference call or presentation 17-Jan-17 1:30pm GMT (NYSE:SNV)
finance.yahoo.com - January 17 at 9:35 PM
4-traders.com logoSYNOVUS FINANCIAL CORP : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:SNV)
www.4-traders.com - January 17 at 12:43 PM
reuters.com logoBRIEF-Synovus Financial Corp- board authorized share repurchase program of upto $200 mln to be completed during 2017 (NYSE:SNV)
www.reuters.com - January 17 at 12:43 PM
News IconSynovus Financial (NYSE:SNV) reports 4Q16 Profit Up 22.7% (NYSE:SNV)
stockmarketdaily.co - January 17 at 12:43 PM
seekingalpha.com logoSynovus Financial Corp. 2016 Q4 - Results - Earnings Call Slides (NYSE:SNV)
seekingalpha.com - January 17 at 12:43 PM
us.rd.yahoo.com logoSynovus Announces Earnings for the Fourth Quarter 2016 (NYSE:SNV)
us.rd.yahoo.com - January 17 at 12:43 PM
us.rd.yahoo.com logo6:32 am Synovus beats by $0.01; dividend increased 25% to $0.15/share (NYSE:SNV)
us.rd.yahoo.com - January 17 at 12:43 PM
sg.finance.yahoo.com logoSynovus beats Street 4Q forecasts (NYSE:SNV)
us.rd.yahoo.com - January 17 at 12:43 PM
biz.yahoo.com logoQ4 2016 Synovus Financial Corp Earnings Release - Before Market Open (NYSE:SNV)
biz.yahoo.com - January 17 at 12:43 PM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, F (NYSE:SNV)
biz.yahoo.com - January 17 at 12:43 PM
feeds.benzinga.com logoEarnings Scheduled For January 17, 2017 (NYSE:SNV)
feeds.benzinga.com - January 17 at 7:24 AM
News IconTrading Scope: ADX and CCI Review for Synovus Financial Corporation (SNV) - Springdale Times (NYSE:SNV)
springdaletimes.com - January 16 at 6:18 PM

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What is Synovus Financial Corp.'s stock symbol?

Synovus Financial Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNV."

How often does Synovus Financial Corp. pay dividends? What is the dividend yield for Synovus Financial Corp.?

Synovus Financial Corp. declared a quarterly dividend on Friday, December 2nd. Stockholders of record on Thursday, December 15th will be paid a dividend of $0.12 per share on Monday, January 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Tuesday, December 13th.

Where is Synovus Financial Corp.'s stock going? Where will Synovus Financial Corp.'s stock price be in 2017?

10 analysts have issued 1 year price targets for Synovus Financial Corp.'s stock. Their forecasts range from $30.00 to $44.00. On average, they anticipate Synovus Financial Corp.'s share price to reach $36.90 in the next year.

When will Synovus Financial Corp. announce their earnings?

Synovus Financial Corp. is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

Who owns Synovus Financial Corp. stock?

Synovus Financial Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.79%), Dimensional Fund Advisors LP (2.01%), Brown Advisory Inc. (1.57%), FMR LLC (1.49%), AQR Capital Management LLC (0.89%) and Thrivent Financial for Lutherans (0.64%). Company insiders that own Synovus Financial Corp. stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, Kevin Joseph Howard, Liliana C Mcdaniel, Mark G Holladay, R Dallis Copeland Jr and Tim E Bentsen.

Who sold Synovus Financial Corp. stock? Who is selling Synovus Financial Corp. stock?

Synovus Financial Corp.'s stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Maltese Capital Management LLC, Vertex One Asset Management Inc., Brown Advisory Inc., Janus Capital Management LLC and Thrivent Financial for Lutherans. Company insiders that have sold Synovus Financial Corp. stock in the last year include Allen J Gula, Curtis J Perry, Liliana C Mcdaniel, Mark G Holladay and R Dallis Copeland Jr.

Who bought Synovus Financial Corp. stock? Who is buying Synovus Financial Corp. stock?

Synovus Financial Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Russell Investments Group Ltd., Nicholas Investment Partners LP, Martingale Asset Management L P, Two Sigma Investments LP, Castleark Management LLC and Bogle Investment Management L P DE. Company insiders that have bought Synovus Financial Corp. stock in the last two years include Allan E Kamensky and Tim E Bentsen.

How do I buy Synovus Financial Corp. stock?

Shares of Synovus Financial Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Synovus Financial Corp. stock cost?

One share of Synovus Financial Corp. stock can currently be purchased for approximately $42.23.

Synovus Financial Corp. (NYSE:SNV) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Synovus Financial Corp. (NYSE:SNV)

Earnings History Chart

Earnings by Quarter for Synovus Financial Corp. (NYSE:SNV)

Dividend History Chart

Dividend Payments by Quarter for Synovus Financial Corp. (NYSE:SNV)

Last Updated on 2/25/2017 by MarketBeat.com Staff