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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NYSE:SNV
  • CUSIP: 87161C10
  • Web:
  • Market Cap: $5.57206 billion
  • Outstanding Shares: 121,501,000
Average Prices:
  • 50 Day Moving Avg: $44.13
  • 200 Day Moving Avg: $42.95
  • 52 Week Range: $31.87 - $47.32
  • Trailing P/E Ratio: 20.83
  • Foreward P/E Ratio: 16.47
  • P/E Growth: 2.36
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 4.70
  • Book Value: $23.61 per share
  • Price / Book: 1.97
  • Annual Dividend: $0.60
  • Dividend Yield: 1.3%
  • Net Margins: 21.39%
  • Return on Equity: 10.44%
  • Return on Assets: 0.97%
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
  • Average Volume: 784,573 shs.
  • Beta: 1.1
  • Short Ratio: 3.87

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, September 8th. Shareholders of record on Thursday, September 21st will be paid a dividend of $0.15 per share on Monday, October 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Wednesday, September 20th. View Synovus Financial Corp.'s Dividend History.

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

Synovus Financial Corp. declared that its board has approved a share buyback plan on Friday, April 7th 2017, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 46% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

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

Synovus Financial Corp. (NYSE:SNV) issued its earnings results on Tuesday, October, 17th. The company reported $0.65 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.64 by $0.01. The business had revenue of $398.01 million for the quarter, compared to analyst estimates of $331.27 million. Synovus Financial Corp. had a net margin of 21.39% and a return on equity of 10.44%. During the same quarter last year, the business earned $0.65 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 Tuesday, January, 16th 2018. 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?

14 equities research analysts have issued 12-month price targets for Synovus Financial Corp.'s shares. Their forecasts range from $23.00 to $51.00. On average, they expect Synovus Financial Corp.'s stock price to reach $43.90 in the next twelve months. View Analyst Ratings for Synovus Financial Corp..

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

Who are Synovus Financial Corp.'s key executives?

Synovus Financial Corp.'s management team includes the folowing people:

  • Kessel D. Stelling Jr., Chairman of the Board, President, Chief Executive Officer
  • Kevin S. Blair, Chief Financial Officer, Executive Vice President
  • Allen J. Gula Jr., Chief Operations Officer, Executive Vice President
  • Allan E. Kamensky, Executive Vice President, General Counsel, Secretary
  • D. Wayne Akins Jr, Executive Vice President and Chief Retail Banking Officer
  • Roy Dallis Copeland Jr., Executive Vice President, Chief Community Banking Officer
  • Mark G. Holladay, Executive Vice President, Chief Risk Officer
  • Kevin Joseph Howard, Executive Vice President, Chief Credit Officer
  • Curtis J. Perry, Executive Vice President and Chief Corporate Banking Officer
  • Jeffrey Barton Singleton, Executive Vice President and President - Synovus Financial Management Services

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.

What is Synovus Financial Corp.'s stock price today?

One share of Synovus Financial Corp. stock can currently be purchased for approximately $46.45.

MarketBeat Community Rating for Synovus Financial Corp. (NYSE SNV)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  454
MarketBeat's community ratings are surveys of what our community members think about Synovus Financial Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Synovus Financial Corp. (NYSE:SNV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 9 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $43.90 (5.49% downside)
Consensus Price Target History for Synovus Financial Corp. (NYSE:SNV)
Price Target History for Synovus Financial Corp. (NYSE:SNV)
Analysts' Ratings History for Synovus Financial Corp. (NYSE:SNV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Barclays PLCSet Price TargetHold$48.00 -> $49.00N/AView Rating Details
10/12/2017SunTrust Banks, Inc.Reiterated RatingBuy$51.00N/AView Rating Details
10/12/2017Jefferies Group LLCReiterated RatingHold$50.00N/AView Rating Details
9/16/2017Sanford C. BernsteinReiterated RatingMarket Perform$41.00 -> $42.00LowView Rating Details
8/25/2017Robert W. BairdReiterated RatingHold$40.00LowView Rating Details
8/15/2017StephensSet Price TargetBuy$46.00LowView Rating Details
7/17/2017Royal Bank Of CanadaInitiated CoverageOutperform -> Outperform$51.00MediumView Rating Details
5/19/2017Keefe, Bruyette & WoodsReiterated RatingHold$43.00LowView Rating Details
5/11/2017Bank of America CorporationUpgradeNeutral -> Buy$23.00MediumView Rating Details
3/3/2017Evercore ISIDowngradeBuyN/AView Rating Details
2/2/2017JMP SecuritiesInitiated CoverageMarket PerformN/AView Rating Details
1/9/2017Wells Fargo & CompanyUpgradeUnderperform -> Market PerformN/AView Rating Details
1/9/2017Hovde GroupDowngradeOutperform -> Market Perform$44.00N/AView Rating Details
11/18/2016Compass PointDowngradeBuy -> NeutralN/AView Rating Details
7/9/2016J P Morgan Chase & CoReiterated 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
(Data available from 10/19/2015 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
1/15/2018$0.66N/AView Earnings Details
10/17/2017Q3 2017$0.64$0.65$331.27 million$398.01 millionViewN/AView Earnings Details
7/18/2017Q2 2017$0.59$0.60$317.81 million$319.80 millionViewN/AView Earnings Details
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: $2.39
2018 EPS Consensus Estimate: $2.82
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.51$0.53$0.52
Q2 20173$0.56$0.60$0.58
Q3 20173$0.63$0.66$0.64
Q4 20173$0.62$0.68$0.65
Q1 20183$0.63$0.75$0.68
Q2 20183$0.68$0.71$0.69
Q3 20183$0.69$0.74$0.72
Q4 20183$0.72$0.75$0.73
(Data provided by Zacks Investment Research)


Current Dividend Information for Synovus Financial Corp. (NYSE:SNV)
Most Recent Dividend:10/2/2017
Annual Dividend:$0.60
Dividend Yield:1.29%
Dividend Growth:19.70% (3 Year Average)
Payout Ratio:24.19% (Trailing 12 Months of Earnings)
24.19% (Based on This Year's Estimates)
21.28% (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: 1.50%
Institutional Ownership Percentage: 77.87%
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
7/24/2017Curtis J PerryEVPSell7,062$43.86$309,739.32View SEC Filing  
7/21/2017Kevin Joseph HowardEVPSell7,000$43.37$303,590.00View SEC Filing  
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 logoSynovus Financial Corp. (SNV) PT Set at $49.00 by Barclays PLC - October 18 at 4:32 PM logoSynovus Financial's (SNV) CEO Kessel Stelling on Q3 2017 Results - Earnings Call Transcript - October 18 at 8:46 AM logoSynovus Financial's (SNV) CEO Kessel Stelling on Q3 2017 Results - Earnings Call Transcript - October 18 at 8:46 AM logoForm 8-K SYNOVUS FINANCIAL CORP For: Oct 17 - October 18 at 8:46 AM logoEdited Transcript of SNV earnings conference call or presentation 17-Oct-17 12:30pm GMT - October 18 at 8:45 AM logoEdited Transcript of SNV earnings conference call or presentation 17-Oct-17 12:30pm GMT - October 18 at 8:45 AM logoSynovus Financial Corp. (SNV) Releases Earnings Results, Beats Expectations By $0.01 EPS - October 17 at 8:47 AM logoSynovus Financial Q3 Income Advances 23% - October 17 at 7:27 AM logoBRIEF-Synovus Financial Q3 earnings per share $0.78 - October 17 at 7:26 AM logoShould You Buy Synovus Financial (SNV) Ahead of Earnings? - October 17 at 7:26 AM logoSynovus Announces Earnings for the Third Quarter 2017 - October 17 at 7:26 AM logoSynovus beats Street 3Q forecasts - October 17 at 7:26 AM logoWith An ROE Of 9.47%, Has Synovus Financial Corp’s (SNV) Management Done A Good Job? - October 17 at 7:26 AM logoSynovus Financial Corp. (SNV) Receives Hold Rating from Jefferies Group LLC - October 15 at 6:32 PM logoCritical Comparison: Canadian Imperial Bank of Commerce (CM) vs. Synovus Financial Corp. (SNV) - October 14 at 2:32 PM logoSynovus Financial Corp. (SNV) Rating Reiterated by SunTrust Banks, Inc. - October 12 at 8:20 PM logoJefferies Group Comments on Synovus Financial Corp.'s Q1 2018 Earnings (SNV) - October 12 at 11:38 AM logoThe Zacks Analyst Blog Highlights: PNC Financial Services Group, Wintrust Financial, UMB Financial, Synovus Financial and BancFirst - October 12 at 9:40 AM logoSynovus Financial Corp. to Post FY2017 Earnings of $2.54 Per Share, Jefferies Group Forecasts (SNV) - October 11 at 8:00 AM logoSynovus Financial Corp. (SNV) Receives Consensus Rating of "Hold" from Analysts - October 11 at 2:32 AM logoFY2018 EPS Estimates for Synovus Financial Corp. (SNV) Boosted by Jefferies Group - October 10 at 12:08 PM logoSynovus Financial Corp. : SNV-US: Dividend Analysis : September 21st, 2017 (record date) : By the numbers : October 9, 2017 - October 10 at 6:58 AM logoSynovus Financial Corp. (SNV) Scheduled to Post Earnings on Tuesday - October 10 at 1:32 AM logoSynovus Announces Quarterly Dividend for Series C Preferred Stock - October 6 at 11:33 AM logoSynovus Makes $100 Million Affordable Mortgage Commitment - October 3 at 12:43 PM logoSynovus to Announce Third Quarter 2017 Results on October 17, 2017 - October 3 at 12:43 PM logoSynovus Financial (SNV) Closes Cabela's (CAB) Transaction - - September 27 at 8:55 AM logoSynovus Announces Closing of Cabela’s Transaction - September 27 at 8:55 AM logoBass Pro Just Completed a $4 Billion Deal to Buy Cabela’s - September 27 at 8:55 AM logoSynovus Financial Corp. to Post Q3 2017 Earnings of $0.63 Per Share, FIG Partners Forecasts (SNV) - September 27 at 8:00 AM logoSynovus Financial About To Put More Money In Your Pocket (SNV) - Nasdaq - September 19 at 7:50 AM logo$362.68 Million in Sales Expected for Synovus Financial Corp. (SNV) This Quarter - September 19 at 7:38 AM logoSynovus Financial Corp. breached its 50 day moving average in a Bearish Manner : SNV-US : September 15, 2017 - September 16 at 8:52 AM logoSynovus Financial Corp. (SNV) Earns Market Perform Rating from Sanford C. Bernstein - September 16 at 8:40 AM logoSynovus Financial Corp. (SNV) Given Average Recommendation of "Hold" by Brokerages - September 16 at 2:46 AM logoSunTrust, Synovus deploy to Florida joining in Hurricane Irma aid ... - Atlanta Business Chronicle - September 14 at 10:26 AM logoETFs with exposure to Synovus Financial Corp. : September 14, 2017 - September 14 at 10:26 AM logoFinancial Analysis: Lloyds Banking Group PLC (LYG) vs. Synovus Financial Corp. (SNV) - September 14 at 4:38 AM logoSynovus Financial Corp. :SNV-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 - September 13 at 9:19 AM logoSynovus Financial (SNV) Confirms Regulatory Approval to Complete Cabela's (CAB) Transaction - - September 9 at 8:41 AM logoSynovus Obtains Regulatory Nod to Buy Cabela's Financial Arm - September 9 at 8:41 AM logoSynovus Financial Corp. (SNV) Plans Quarterly Dividend of $0.15 - September 8 at 2:22 PM logoBRIEF-Synovus receives regulatory approval to complete Cabela's transaction - September 8 at 8:34 AM logoSynovus Receives Regulatory Approval to Complete Cabela’s Transaction - September 7 at 9:13 AM logoSynovus to Present at the Barclays Global Financial Services Conference - September 6 at 8:27 AM logoSynovus Financial Corp. (SNV) Receives Hold Rating from Robert W. Baird - August 26 at 1:10 PM logoSynovus (SNV) Displays Organic Growth: Should You Hold? - Nasdaq - August 25 at 4:20 PM logoSynovus (SNV) Displays Organic Growth: Should You Hold? - August 25 at 4:20 PM logoBRIEF-Synovus Financial says directors voted to increase board size to 14 - August 24 at 1:00 PM logoSynovus Financial (SNV) Appoints John Stallworth to Board - - August 23 at 11:47 AM



Synovus Financial Corp. (SNV) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

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