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: $32.15
  • 50 Day Moving Average: $30.59
  • 200 Day Moving Average: $29.80
  • Trailing P/E Ratio: 19.02
  • Foreward P/E Ratio: 15.53
  • P/E Growth: 2.18
  • Market Cap: $3.95B
  • Outstanding Shares: 122,932,000
  • Beta: 2
Additional Links:
Companies Related to Synovus Financial Corp.:

Analyst Ratings

Consensus Ratings for Synovus Financial Corp. (NYSE:SNV) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $31.25 (2.80% downside)

Analysts' Ratings History for Synovus Financial Corp. (NYSE:SNV)
Show:
DateFirmActionRatingPrice TargetDetails
8/23/2016Wells Fargo & Co.DowngradeMarket Perform -> UnderperformView Rating Details
8/19/2016Hovde GroupBoost Price TargetOutperform$34.00 -> $35.50View Rating Details
7/20/2016Barclays PLCBoost Price TargetUnderweight$29.00 -> $31.00View Rating Details
7/9/2016JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
6/29/2016Bank of America Corp.DowngradeBuy -> NeutralView Rating Details
4/20/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
3/28/2016Compass PointBoost Price TargetBuy$29.50 -> $30.00View Rating Details
2/11/2016Morgan StanleyDowngradeEqual Weight -> Underweight$29.00View Rating Details
10/27/2015Jefferies GroupBoost Price TargetHold$31.00View Rating Details
10/21/2015Sanford C. BernsteinBoost Price TargetMarket Perform$26.00 -> $27.00View Rating Details
9/1/2015SunTrust Banks Inc.Lower Price TargetBuy$37.00 -> $36.00View Rating Details
7/23/2015Keefe, Bruyette & WoodsReiterated RatingBuyView 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
10/21/2014Goldman Sachs Group Inc.UpgradeSell -> NeutralView Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Synovus Financial Corp. (NYSE:SNV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016        
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: $1.86 EPS
Next Year EPS Consensus Estimate: $2.07 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$0.50$0.54$0.52
Q1 20172$0.48$0.50$0.49
Q2 20172$0.49$0.52$0.51
Q3 20172$0.54$0.56$0.55
Q4 20172$0.56$0.56$0.56
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Synovus Financial Corp. (NYSE:SNV)
Annual Dividend:$0.48
Dividend Yield:1.49%
Payout Ratio:28.24% (Based on Trailing 12 Months of Earnings)
25.81% (Based on Current Year Consensus EPS Estimate)
23.19% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:12.60% (3 Year Average)

Dividend History for Synovus Financial Corp. (NYSE:SNV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
News IconSynovus Financial Corp Acquires 1 Shares of Digital Realty Trust Inc. (DLR) (NYSE:SNV)
www.lightwaveonline.com - August 23 at 12:01 PM
fidaily.com logoWells Fargo Cuts Rating On Synovus Financial Corp. Common (SNV) (NYSE:SNV)
www.fidaily.com - August 23 at 12:01 PM
finance.yahoo.com logoSynovus downgraded by Wells Fargo (NYSE:SNV)
finance.yahoo.com - August 23 at 12:01 PM
News IconStock Spotlight on Synovus Financial Corp. (NYSE:SNV): Price Target & Estimates Update - Post News (NYSE:SNV)
www.kentuckypostnews.com - August 22 at 7:24 PM
News IconStock Trading Above Moving Averages: Synovus Financial Corporation (NYSE:SNV) - Post News (NYSE:SNV)
www.kentuckypostnews.com - August 22 at 7:24 PM
News IconAnalyst Rating Update on Synovus Financial Corp. (NYSE:SNV) - Post News (NYSE:SNV)
www.kentuckypostnews.com - August 20 at 7:03 PM
investornewswire.com logoWill Synovus Financial Corp. (NYSE:SNV) Hit $35 Price Target? - Investor Newswire (NYSE:SNV)
www.investornewswire.com - August 20 at 7:03 PM
News IconSynovus to purchase Atlanta-based specialty lender for $30 million-plus (NYSE:SNV)
www.ledger-enquirer.com - August 19 at 7:24 PM
4-traders.com logoSynovus Financial : to Acquire Entaire Global Companies, Inc. (NYSE:SNV)
www.4-traders.com - August 19 at 7:24 PM
4-traders.com logoSynovus Financial : to Acquire Entaire Global Companies (NYSE:SNV)
www.4-traders.com - August 19 at 10:25 AM
finance.yahoo.com logoSynovus Financial (SNV) to Acquire Entaire to Fuel Growth (NYSE:SNV)
finance.yahoo.com - August 19 at 10:24 AM
bizjournals.com logoSynovus buying first company since 2013 (NYSE:SNV)
www.bizjournals.com - August 18 at 7:45 PM
streetinsider.com logoSynovus Financial (SNV) to Acquire Entaire Global Companies in $30M+ Deal (NYSE:SNV)
www.streetinsider.com - August 18 at 7:45 PM
finance.yahoo.com logo4:06 pm Synovus to acquire Entaire Global Companies for $30 million in common stock and cash, accretive in 4Q2016 (NYSE:SNV)
finance.yahoo.com - August 18 at 7:45 PM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:SNV)
biz.yahoo.com - August 18 at 7:45 PM
publicnow.com logoSynovus to Acquire Entaire Global Companies, Inc. (NYSE:SNV)
www.publicnow.com - August 18 at 7:45 PM
streetinsider.com logoForm 4 SYNOVUS FINANCIAL CORP For: Aug 10 Filed by: PASTIDES HARRIS (NYSE:SNV)
www.streetinsider.com - August 11 at 8:04 PM
News IconNew Synovus TV ads are a sweet slice of pie and ‘Friday Night Lights’ (NYSE:SNV)
www.ledger-enquirer.com - August 11 at 8:04 PM
streetinsider.com logoForm 3 SYNOVUS FINANCIAL CORP For: Aug 10 Filed by: Blair Kevin S. (NYSE:SNV)
www.streetinsider.com - August 11 at 10:49 AM
streetinsider.com logoForm 4 SYNOVUS FINANCIAL CORP For: Aug 05 Filed by: McDaniel Liliana C (NYSE:SNV)
www.streetinsider.com - August 10 at 10:39 AM
streetreport.co logoIs it Finally Safe to Buy Synovus Financial Corp (NYSE:SNV)? - Street Report (NYSE:SNV)
www.streetreport.co - August 8 at 7:44 PM
bizjournals.com logoFormer Piedmont Bancshares CEO lands new gig as SouthCrest Financial CEO (NYSE:SNV)
www.bizjournals.com - August 8 at 12:16 PM
News IconChief Accounting Officer of Synovus Financial Corp (NYSE:SNV), Mcdaniel Liliana C, sells 300 shares worth $9,531 (NYSE:SNV)
empowerednews.net - August 8 at 12:16 PM
reuters.com logoBRIEF-Synovus Financial files for potential mixed shelf; size not disclosed (NYSE:SNV)
uk.reuters.com - August 5 at 10:33 AM
capitalcube.com logoETF’s with exposure to Synovus Financial Corp. : August 4, 2016 (NYSE:SNV)
www.capitalcube.com - August 4 at 7:58 PM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 10-Q, Quarterly Report (NYSE:SNV)
biz.yahoo.com - August 3 at 7:52 PM
tradecalls.org logoCutler Capital Management Exits Position in Synovus Financial Corp. (SNV) - Trade Calls (NYSE:SNV)
www.tradecalls.org - August 2 at 7:52 PM
bizjournals.com logoSynovus airs first new television commercials since 'pausing advertising investments' (NYSE:SNV)
www.bizjournals.com - August 2 at 7:52 PM
News IconStudents of Synovus employees receive $104,000 in scholarship money (NYSE:SNV)
www.ledger-enquirer.com - August 2 at 12:28 PM
capitalcube.com logoSynovus Financial Corp. breached its 50 day moving average in a Bearish Manner : SNV-US : August 2, 2016 (NYSE:SNV)
www.capitalcube.com - August 2 at 12:28 PM
tradecalls.org logoBarclays Maintains Synovus Financial Corp. to Underweight with Price Target $31.00 - Trade Calls (NYSE:SNV)
www.tradecalls.org - July 31 at 11:20 AM
News IconIsakson stops in Columbus on pro-jobs tour amid U.S. Senate re-election campaign (NYSE:SNV)
www.ledger-enquirer.com - July 27 at 10:36 AM
tradecalls.org logoRevenue Update on Synovus Financial Corp.(NYSE:SNV) - Trade Calls (NYSE:SNV)
www.tradecalls.org - July 26 at 7:55 PM
capitalcube.com logoETF’s with exposure to Synovus Financial Corp. : July 25, 2016 (NYSE:SNV)
www.capitalcube.com - July 25 at 1:43 PM
News IconStock Up Nicely This Week: Synovus Financial Corporation (NYSE:SNV) - TGP (NYSE:SNV)
telanaganapress.com - July 23 at 11:17 AM
News IconFriday Session Wrap-up for Synovus Financial Corporation (NYSE:SNV) - Engelwood Daily (NYSE:SNV)
www.engelwooddaily.com - July 23 at 11:17 AM
investornewswire.com logoIs $35 Price Target Attainable For Synovus Financial Corp. (NYSE:SNV)? - Investor Newswire (NYSE:SNV)
www.investornewswire.com - July 22 at 7:18 PM
publicnow.com logoChange of Address Notices Mailed in Error, Please Disregard (NYSE:SNV)
www.publicnow.com - July 22 at 6:08 PM
finance.yahoo.com logoSYNOVUS FINANCIAL CORP Financials (NYSE:SNV)
finance.yahoo.com - July 22 at 1:04 PM
capitalcube.com logoSynovus Financial Corp. :SNV-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 (NYSE:SNV)
www.capitalcube.com - July 22 at 12:07 PM
News IconAttention Grasping Stock With Upward Momentum: Synovus Financial Corporation (NYSE:SNV) - TGP (NYSE:SNV)
telanaganapress.com - July 22 at 10:27 AM
biz.yahoo.com logoSYNOVUS FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:SNV)
biz.yahoo.com - July 22 at 8:02 AM
fidaily.com logoBarclays Maintains Rating And Raises Price Target On Synovus Financial Corp. Common (SNV) (NYSE:SNV)
www.fidaily.com - July 21 at 10:19 AM
News IconStock Strength in Focus for Synovus Financial Corporation (NYSE:SNV) - Press Telegraph (NYSE:SNV)
presstelegraph.com - July 20 at 8:27 PM
News IconSynovus Financial Corp. (NYSE:SNV): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:SNV)
www.engelwooddaily.com - July 20 at 8:27 PM
News IconEquity Roundup: Stock Performance Focus on Synovus Financial Corp. (NYSE:SNV) - Press Telegraph (NYSE:SNV)
presstelegraph.com - July 20 at 8:27 PM
streetreport.co logoSynovus Financial Corp (NYSE:SNV) Declared Q2 Net Income of $60.5 Million - Street Report (NYSE:SNV)
www.streetreport.co - July 20 at 8:27 PM
nasdaq.com logoSynovus Financial Bottom Line Climbs 10% In Q2 (NYSE:SNV)
www.nasdaq.com - July 20 at 10:25 AM
msn.com logoSynovus Financial's (SNV) CEO Kessel Stelling on Q2 2016 Results - Earnings Call Transcript (NYSE:SNV)
www.msn.com - July 20 at 10:25 AM
4-traders.com logoSynovus Financial : tops Street 2Q forecasts (NYSE:SNV)
www.4-traders.com - July 20 at 10:25 AM

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Synovus Financial Corp. (NYSE:SNV) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff