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 - NEC
  • Sub-Industry: Regional Banks
  • Symbol: NYSE:SNV
  • CUSIP: 87161C10
  • Web:
  • Market Cap: $5.32 billion
  • Outstanding Shares: 122,356,000
Average Prices:
  • 50 Day Moving Avg: $43.54
  • 200 Day Moving Avg: $42.13
  • 52 Week Range: $29.74 - $45.38
  • Trailing P/E Ratio: 21.25
  • Foreward P/E Ratio: 15.69
  • P/E Growth: 2.24
Sales & Book Value:
  • Annual Revenue: $1.18 billion
  • Price / Sales: 4.51
  • Book Value: $23.19 per share
  • Price / Book: 1.87
  • Annual Dividend: $0.60
  • Dividend Yield: 1.4%
  • Net Margins: 20.68%
  • Return on Equity: 9.88%
  • Return on Assets: 0.92%
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
  • Average Volume: 756,887 shs.
  • Beta: 1.13
  • Short Ratio: 2.45

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, June 2nd. Investors of record on Thursday, June 15th will be paid a dividend of $0.15 per share on Monday, July 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Tuesday, June 13th. View Synovus Financial Corp.'s Dividend History.

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

Synovus Financial Corp. declared that its Board of Directors has approved a share repurchase program on Friday, April 7th 2017, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 46% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

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

Synovus Financial Corp. (NYSE:SNV) released its quarterly earnings results on Tuesday, July, 18th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.59 by $0.01. The firm earned $319.80 million during the quarter, compared to analysts' expectations of $317.81 million. Synovus Financial Corp. had a return on equity of 9.88% and a net margin of 20.68%. The business's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter last year, the business earned $0.46 earnings per share. 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, October, 16th 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?

12 equities research analysts have issued twelve-month target prices for Synovus Financial Corp.'s stock. Their forecasts range from $23.00 to $51.00. On average, they expect Synovus Financial Corp.'s stock price to reach $43.14 in the next year. 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

Who owns Synovus Financial Corp. stock?

Synovus Financial Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.49%), First Quadrant L P CA (0.19%), Bank of Montreal Can (0.17%), Leavell Investment Management Inc. (0.07%), Sippican Capital Advisors (0.05%) and Salzhauer Michael (0.04%). 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 Bank of Montreal Can, Copper Rock Capital Partners LLC, Salzhauer Michael, Quantitative Systematic Strategies LLC, Creative Planning, Sippican Capital Advisors, Oakbrook Investments LLC and Prospera Financial Services Inc. 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 First Quadrant L P CA, TNB Financial, Alpha Windward LLC, Aperio Group LLC, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System and State Treasurer State of Michigan. 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.

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

One share of Synovus Financial Corp. stock can currently be purchased for approximately $43.45.

MarketBeat Community Rating for Synovus Financial Corp. (NYSE SNV)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  383
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: 8 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $43.14 (0.71% downside)

Analysts' Ratings History for Synovus Financial Corp. (NYSE:SNV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Barclays PLCSet Price TargetHold$46.00 -> $48.00LowView Rating Details
7/19/2017StephensReiterated RatingBuy$46.00MediumView Rating Details
7/17/2017Royal Bank Of CanadaInitiated CoverageOutperform -> Outperform$51.00MediumView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingHold$47.00LowView 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
12/28/2016Sanford C. BernsteinReiterated RatingMarket PerformN/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
9/1/2015SunTrust Banks, Inc.Lower Price TargetBuy$37.00 -> $36.00N/AView Rating Details
(Data available from 7/21/2015 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
10/16/2017$0.64N/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: $2.75
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.51$0.53$0.52
Q2 20173$0.56$0.60$0.58
Q3 20173$0.64$0.66$0.65
Q4 20173$0.60$0.69$0.65
Q1 20182$0.63$0.65$0.64
Q2 20182$0.68$0.68$0.68
Q3 20182$0.69$0.72$0.71
Q4 20182$0.72$0.72$0.72
(Data provided by Zacks Investment Research)


Current Dividend Information for Synovus Financial Corp. (NYSE:SNV)
Most Recent Dividend:7/3/2017
Annual Dividend:$0.60
Dividend Yield:1.38%
Dividend Growth:19.70% (3 Year Average)
Payout Ratio:27.15% (Trailing 12 Months of Earnings)
24.39% (Based on This Year's Estimates)
21.66% (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: 77.53%
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 logoJefferies Group Comments on Synovus Financial Corp.'s Q3 2017 Earnings (NYSE:SNV) - July 21 at 9:08 AM logoAnalysts Set Expectations for Synovus Financial Corp.'s FY2017 Earnings (NYSE:SNV) - July 20 at 9:53 AM logoSynovus Financial Corp. Expected to Earn Q3 2017 Earnings of $0.64 Per Share (NYSE:SNV) - July 20 at 8:43 AM logoSynovus' (SNV) Q2 Earnings Beat on High Revenues, Costs Rise - July 20 at 7:56 AM logoSynovus' (SNV) Q2 Earnings Beat on High Revenues, Costs Rise - July 20 at 7:56 AM logoEarnings Review and Free Research Report: Synovus’ EPS Surged 30%; Adjusted Revenue Grew 10.5% - July 20 at 7:55 AM logoBarclays PLC Boosts Synovus Financial Corp. (NYSE:SNV) Price Target to $48.00 - July 19 at 2:34 PM logoSynovus Financial Corp. (NYSE:SNV) Earns Buy Rating from Stephens - July 19 at 1:15 PM logoBRIEF-Synovus Financial sees 2017 average loan growth of 5-7 pct - July 18 at 8:48 PM logoSynovus Financial Corp. 2017 Q2 - Results - Earnings Call Slides - July 18 at 8:48 PM logoEdited Transcript of SNV earnings conference call or presentation 18-Jul-17 12:30pm GMT - July 18 at 8:48 PM logoSynovus Financial Corp. (NYSE:SNV) Announces Earnings Results, Beats Estimates By $0.01 EPS - July 18 at 11:35 AM logoBRIEF-Synovus announces Q2 earnings per share $0.60 - July 18 at 8:23 AM logoShould You Sell Synovus Financial (SNV) Before Earnings? - July 18 at 8:23 AM logoSynovus Announces Earnings for the Second Quarter 2017 - July 18 at 8:23 AM logoSynovus tops Street 2Q forecasts - July 18 at 8:23 AM logoEarnings Scheduled For July 18, 2017 - July 18 at 4:57 AM logoSynovus Financial Corp. (NYSE:SNV) Coverage Initiated at Royal Bank Of Canada - July 17 at 9:59 AM logoSynovus Financial Corp. (NYSE:SNV) Lowered to "Hold" at BidaskClub - July 16 at 10:08 PM logoSynovus Financial Corp. (SNV) Earns "Hold" Rating from Jefferies Group LLC - July 14 at 10:24 PM logoSynovus Financial Corp. (NYSE:SNV) Scheduled to Post Quarterly Earnings on Tuesday - July 14 at 7:58 AM logoSynovus Financial Corp. (SNV) Downgraded to "Hold" at Zacks Investment Research - July 13 at 1:05 PM logoSynovus Financial Corp. (NYSE:SNV) Given Equal Weight Rating at Barclays PLC - July 12 at 10:05 AM logo4 Great Bank Stocks to Buy Ahead of Q2 Earnings - Nasdaq - July 12 at 1:29 AM logo4 Great Bank Stocks to Buy Ahead of Q2 Earnings - July 11 at 3:27 PM logoJefferies Group Brokers Decrease Earnings Estimates for Synovus Financial Corp. (NYSE:SNV) - July 10 at 7:06 AM logoJefferies Group Analysts Boost Earnings Estimates for Synovus Financial Corp. (NYSE:SNV) - July 7 at 12:05 PM logoSynovus (SNV)-Cabela's Deal Overcomes a Hurdle to Completion - July 6 at 9:47 AM logoSynovus Financial Corp. (SNV) Receives Average Rating of "Hold" from Brokerages - July 3 at 9:56 AM logoSynovus Financial Corp. (SNV) Expected to Post Quarterly Sales of $317.32 Million - June 30 at 3:20 PM logoSynovus to Announce Second Quarter 2017 Results on July 18, 2017 - June 30 at 6:48 AM logoSynovus Ranked Most Reputable Bank in the U.S. in American Banker’s Survey of Bank Reputations - June 29 at 6:56 AM logoSynovus Financial Corp. (SNV) Expected to Post Earnings of $0.59 Per Share - June 28 at 8:04 AM logoSynovus Financial Corp. (SNV) Lifted to "Buy" at ValuEngine - June 15 at 8:10 PM logoETFs with exposure to Synovus Financial Corp. : June 15, 2017 - June 15 at 3:27 PM logoSynovus Financial Corp. : SNV-US: Dividend Analysis : June 15th, 2017 (record date) : By the numbers : June 14, 2017 - June 15 at 12:46 AM logoSynovus Financial Corp. (SNV) Ex-Dividend Date Scheduled for June 13, 2017 - Nasdaq - June 12 at 7:22 PM logoSynovus Financial Corp. (SNV) Given Hold Rating at Jefferies Group LLC - June 11 at 7:34 AM logoRegional Bank Testing Buy Zone As Morgan Stanley, Big Banks Rally - June 9 at 8:11 PM logoSynovus Financial Corp. (SNV) Receives Consensus Recommendation of "Hold" from Brokerages - June 6 at 9:50 AM logo$317.32 Million in Sales Expected for Synovus Financial Corp. (SNV) This Quarter - June 4 at 10:32 AM logoSynovus Financial Corp. breached its 50 day moving average in a Bullish Manner : SNV-US : June 2, 2017 - June 3 at 1:31 AM logoSynovus Financial Corp. (SNV) to Issue $0.15 Quarterly Dividend - June 2 at 1:04 PM logoZacks: Analysts Expect Synovus Financial Corp. (SNV) to Post $0.59 Earnings Per Share - June 2 at 9:50 AM logoETFs with exposure to Synovus Financial Corp. : June 1, 2017 - June 1 at 11:57 PM logoSynovus Financial Corp. :SNV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 31, 2017 - May 31 at 12:24 PM 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



Synovus Financial Corp. (SNV) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by Staff