Synovus Financial Corp. Company Profile (NYSE:SNV)

About Synovus Financial Corp. (NYSE:SNV)

Synovus Financial Corp. logoSynovus Financial Corp. is a financial services company 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 locally branded banking divisions of its subsidiary bank, Synovus Bank (the Bank), and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. The Bank offers commercial banking services and retail banking services. The Bank's 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 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, including MasterCard and Visa services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Symbol: NYSE:SNV
  • CUSIP: 87161C10
  • Web:
  • Market Cap: $5.08 billion
  • Outstanding Shares: 122,356,000
Average Prices:
  • 50 Day Moving Avg: $41.66
  • 200 Day Moving Avg: $41.05
  • 52 Week Range: $26.90 - $44.09
  • Trailing P/E Ratio: 20.13
  • Foreward P/E Ratio: 15.26
  • P/E Growth: 2.16
Sales & Book Value:
  • Annual Revenue: $1.18 billion
  • Price / Sales: 4.30
  • Book Value: $23.19 per share
  • Price / Book: 1.79
  • Annual Dividend: $0.48
  • Dividend Yield: 1.4%
  • Net Margins: 19.04%
  • Return on Equity: 8.94%
  • Return on Assets: 0.85%
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
  • Average Volume: 699,338 shs.
  • Beta: 1.25
  • Short Ratio: 2.18

Frequently Asked Questions for Synovus Financial Corp. (NYSE:SNV)

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. announced a quarterly dividend on Friday, March 3rd. Shareholders of record on Thursday, March 16th will be paid a dividend of $0.15 per share on Monday, April 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from Synovus Financial Corp.'s previous quarterly dividend of $0.12. View Synovus Financial Corp.'s Dividend History.

How will Synovus Financial Corp.'s stock buyback program work?

Synovus Financial Corp. announced that its board has authorized a share buyback plan on Friday, April 7th 2017, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 46% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

How were Synovus Financial Corp.'s earnings last quarter?

Synovus Financial Corp. (NYSE:SNV) released its earnings results on Tuesday, April, 18th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.06. The company had revenue of $311.77 million for the quarter, compared to the consensus estimate of $303.05 million. Synovus Financial Corp. had a net margin of 19.04% and a return on equity of 8.94%. The firm's revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS. View Synovus Financial Corp.'s Earnings History.

When will Synovus Financial Corp. make its next earnings announcement?

Synovus Financial Corp. is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Synovus Financial Corp..

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

11 brokers have issued 1-year price targets for Synovus Financial Corp.'s stock. Their predictions range from $23.00 to $47.00. On average, they expect Synovus Financial Corp.'s stock price to reach $38.58 in the next twelve months. View Analyst Ratings for Synovus Financial Corp..

Who are some of Synovus Financial Corp.'s key competitors?

Who owns Synovus Financial Corp. stock?

Synovus Financial Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.66%), BlackRock Inc. (8.37%), State Street Corp (4.75%), Victory Capital Management Inc. (2.90%), Eagle Asset Management Inc. (2.19%) and Dimensional Fund Advisors LP (1.88%). Company insiders that own Synovus Financial Corp. stock include Allan E Kamensky, Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Jeffrey Barton Singleton, Kevin Joseph Howard, Liliana C Mcdaniel, Mark G Holladay, R Dallis Copeland Jr and Tim E Bentsen. View Institutional Ownership Trends for Synovus Financial Corp..

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 Renaissance Technologies LLC, Bank of New York Mellon Corp, Victory Capital Management Inc., Pzena Investment Management LLC, Mendon Capital Advisors Corp, Dimensional Fund Advisors LP, Ameriprise Financial Inc. and Hancock Holding Co.. Company insiders that have sold Synovus Financial Corp. stock in the last year include Allen J Gula, Curtis J Perry, D Wayne Akins Jr, Jeffrey Barton Singleton, Liliana C Mcdaniel and Mark G Holladay. View Insider Buying and Selling for Synovus Financial Corp..

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 BlackRock Inc., Martingale Asset Management L P, Credit Suisse AG, Vanguard Group Inc., Alliancebernstein L.P., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P. and JPMorgan Chase & Co.. Company insiders that have bought Synovus Financial Corp. stock in the last two years include Allan E Kamensky and Tim E Bentsen. View Insider Buying and Selling for Synovus Financial Corp..

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 $41.50.

Analyst Ratings

Consensus Ratings for Synovus Financial Corp. (NYSE:SNV) (?)
Ratings Breakdown: 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.18)
Consensus Price Target: $38.58 (7.03% downside)

Analysts' Ratings History for Synovus Financial Corp. (NYSE:SNV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Keefe, Bruyette & WoodsReiterated RatingHold$43.00LowView Rating Details
5/11/2017Bank of America CorpUpgradeNeutral -> Buy$23.00MediumView Rating Details
4/22/2017Barclays PLCReiterated RatingEqual Weight$42.00 -> $44.00MediumView Rating Details
4/5/2017Jefferies Group LLCReiterated RatingHold$47.00MediumView Rating Details
3/3/2017Evercore ISIDowngradeBuyN/AView Rating Details
2/2/2017JMP SecuritiesInitiated CoverageMarket PerformN/AView Rating Details
1/9/2017Wells Fargo & CoUpgradeUnderperform -> Market PerformN/AView Rating Details
1/9/2017Hovde GroupDowngradeOutperform -> Market Perform$44.00N/AView Rating Details
12/28/2016Sanford C. BernsteinReiterated RatingMarket PerformN/AView Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
7/9/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
4/20/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
2/11/2016Morgan StanleyDowngradeEqual Weight -> Underweight$29.00N/AView Rating Details
9/1/2015SunTrust Banks, Inc.Lower Price TargetBuy$37.00 -> $36.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Synovus Financial Corp. (NYSE:SNV)
Earnings by Quarter for Synovus Financial Corp. (NYSE:SNV)
Earnings History by Quarter for Synovus Financial Corp. (NYSE:SNV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017Q1 17$0.51$0.57$303.05 million$311.77 millionViewN/AView Earnings Details
1/17/2017Q416$0.53$0.54$300.21 million$301.70 millionViewN/AView Earnings Details
10/18/2016Q316$0.50$0.52$295.55 million$294.16 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$284.25 million$281.34 millionViewListenView Earnings Details
1/19/2016Q415$0.43$0.44$278.29 million$278.80 millionViewListenView Earnings Details
10/20/2015Q315$0.42$0.42$274.91 million$274.85 millionViewListenView Earnings Details
7/21/2015Q215$0.39$0.42$273.74 million$272.48 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$263.03 million$270.70 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)


Earnings Estimates for Synovus Financial Corp. (NYSE:SNV)
2017 EPS Consensus Estimate: $2.38
2018 EPS Consensus Estimate: $2.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.51$0.53$0.52
Q2 20173$0.56$0.61$0.59
Q3 20173$0.63$0.64$0.64
Q4 20173$0.60$0.66$0.64
Q1 20182$0.61$0.64$0.63
Q2 20182$0.67$0.68$0.68
Q3 20182$0.68$0.70$0.69
Q4 20182$0.69$0.72$0.71
(Data provided by Zacks Investment Research)


Current Dividend Information for Synovus Financial Corp. (NYSE:SNV)
Most Recent Dividend:4/3/2017
Annual Dividend:$0.48
Dividend Yield:1.16%
Dividend Growth:19.70% (3 Year Average)
Payout Ratio:25.26% (Trailing 12 Months of Earnings)
19.83% (Based on This Year's Estimates)
17.65% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Synovus Financial Corp. (NYSE:SNV)

Dividend History by Quarter for Synovus Financial Corp. (NYSE:SNV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Synovus Financial Corp. (NYSE:SNV)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 77.43%
Insider Trades by Quarter for Synovus Financial Corp. (NYSE:SNV)
Institutional Ownership by Quarter for Synovus Financial Corp. (NYSE:SNV)
Insider Trades by Quarter for Synovus Financial Corp. (NYSE:SNV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2017D Wayne Akins JrEVPSell3,500$42.96$150,360.00View SEC Filing  
4/21/2017Jeffrey Barton SingletonEVPSell10,500$41.96$440,580.00View SEC Filing  
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)


Headline Trends for Synovus Financial Corp. (NYSE:SNV)
Latest Headlines for Synovus Financial Corp. (NYSE:SNV)
DateHeadline logoResearch Reports Initiation on Financial Stocks -- First Midwest Bancorp, Synovus Financial, Boston Private Financial, and CVB Financial - May 22 at 8:55 AM logoWhy Synovus (SNV) Should be Added to Your Portfolio Now - May 22 at 8:55 AM logoSynovus Financial Corp.'s (SNV) Hold Rating Reaffirmed at Keefe, Bruyette & Woods - May 20 at 7:04 AM logoSynovus Financial Corp. – Value Analysis (NYSE:SNV) : May 19, 2017 - May 20 at 5:35 AM logoWhy Is Synovus (SNV) Up 3.4% Since the Last Earnings Report? - Nasdaq - May 19 at 10:01 AM logoSynovus Financial Corp. breached its 50 day moving average in a Bearish Manner : SNV-US : May 18, 2017 - May 18 at 1:04 PM logoSynovus Financial Corp. (SNV) Raised to Buy at Bank of America Corp - May 14 at 8:45 AM logoForm 4 SYNOVUS FINANCIAL CORP For: May 10 Filed by: BENTSEN TIM E - May 13 at 12:46 AM logoSynovus Financial Corp. (SNV) Given Consensus Rating of "Hold" by Analysts - May 12 at 11:20 AM logoSynovus Financial Corp. (SNV) Expected to Announce Earnings of $0.59 Per Share - May 8 at 6:24 PM logoSynovus: Under-The-Radar Regional Bank Has Potential - May 8 at 11:13 AM logo10-Q: SYNOVUS FINANCIAL CORP - May 5 at 8:18 PM logoSynovus Financial Corp. (SNV) Given Daily News Impact Score of 0.28 - May 4 at 9:20 PM logoSynovus hires SunTrust exec to oversee private wealth management - May 2 at 9:21 AM logoSynovus Financial Corp. (SNV) Receives Media Sentiment Score of 0.22 - May 1 at 7:18 PM logoHancock's (HBHC) Unit Buys Certain Assets of First NBC Bank - May 1 at 11:43 AM logoSynovus Financial Corp. (SNV) EVP Sells $150,360.00 in Stock - April 29 at 1:19 AM logoSynovus Financial Corp. (SNV) Earns Daily Media Sentiment Rating of -0.12 - April 28 at 12:42 PM logoSynovus Financial Corp. (SNV) Earns News Impact Rating of 0.03 - April 25 at 5:26 PM logoFidelity Southern Corp (LION) Looks Good: Stock Jumps 8% - April 24 at 11:27 AM logoSynovus Financial Corp. (SNV) Earns Daily Media Impact Score of 0.15 - April 22 at 2:25 PM logoBarclays PLC Reaffirms "Equal Weight" Rating for Synovus Financial Corp. (SNV) - April 22 at 10:57 AM logoSynovus Financial Corp. breached its 50 day moving average in a Bullish Manner : SNV-US : April 21, 2017 - April 21 at 7:42 PM logoSynovus Financial Corp. (SNV) to Post Q3 2017 Earnings of $0.64 Per Share, Jefferies Group Forecasts - April 21 at 11:44 AM logoSynovus Financial Corp. (SNV) Upgraded to "Buy" by Zacks Investment Research - April 20 at 12:54 PM logoQ2 2017 EPS Estimates for Synovus Financial Corp. Increased by Analyst (SNV) - April 20 at 10:17 AM logoSynovus Financial Corp. Forecasted to Post Q2 2017 Earnings of $0.61 Per Share (SNV) - April 20 at 10:17 AM logoQ2 2017 Earnings Estimate for Synovus Financial Corp. (SNV) Issued By SunTrust Banks - April 20 at 10:15 AM logoTop-Rated Stocks: Synovus Financial Sees Composite Rating Climb To 96 - April 20 at 12:55 AM logoCabela's (CAB) Enters into Agreements with Synovus Financial (SNV) & Capital One (COF) in Connection with Bass ... - - April 19 at 7:54 PM logoSynovus Financial Corp. (SNV) Receives Daily News Sentiment Score of 0.28 - April 19 at 11:13 AM logo$311.04 Million in Sales Expected for Synovus Financial Corp. (SNV) This Quarter - April 19 at 9:51 AM logo[$$] Analyst Boosts Earnings Forecast for Synovus - April 19 at 9:13 AM logoHere's Why Cabela's (CAB) Stock Keeps Climbing - April 18 at 7:07 PM logoSynovus Financial Corp. 2017 Q1 - Results - Earnings Call Slides - April 18 at 9:06 AM logoSynovus (SNV) Tops Q1 Earnings, Buys Cabela's Financial Unit - April 18 at 9:06 AM logoSynovus (SNV) Tops Q1 Earnings, Buys Cabela's Financial Unit - April 18 at 9:06 AM logoBass Pro lowers acquisition price for Cabela's - April 18 at 9:06 AM logoSynovus Financial Corp. (SNV) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS - April 18 at 8:15 AM logo Brokerages Anticipate Synovus Financial Corp. (SNV) to Announce $0.51 Earnings Per Share - April 17 at 10:09 PM logoThe Wall Street Journal: Cabela’s sells banking assets to Synovus, clearing path for Bass Pro deal - April 17 at 7:45 PM logoBRIEF-Synovus reports Q1 earnings per share $0.56 - April 17 at 6:53 PM logoCabela’s sells banking assets to Synovus, clearing path for Bass Pro deal - April 17 at 6:53 PM logoSynovus Agrees to Buy Cabela’s Banking Assets - April 17 at 6:53 PM logoSynovus Announces Earnings for the First Quarter 2017 - April 17 at 6:53 PM logoCabela's Stock Surges After-Hours on Asset Sale - April 17 at 6:53 PM logo[$$] Synovus Agrees to Buy Cabela's Banking Assets - April 17 at 6:53 PM logoSynovus tops Street 1Q forecasts - April 17 at 4:43 PM logoSynovus Financial Corp. (SNV) Given Consensus Recommendation of "Hold" by Analysts - April 17 at 11:33 AM logoSynovus Financial Corp. (SNV) Receives Daily Media Impact Score of 0.19 - April 16 at 11:03 AM



Synovus Financial Corp. (SNV) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff