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Synovus Financial (SNV) Competitors

$47.63
+0.85 (+1.82%)
(As of 07/26/2024 ET)

SNV vs. HBAN, RF, KEY, EWBC, FHN, WAL, WBS, CBSH, CFR, and ZION

Should you be buying Synovus Financial stock or one of its competitors? The main competitors of Synovus Financial include Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), East West Bancorp (EWBC), First Horizon (FHN), Western Alliance Bancorporation (WAL), Webster Financial (WBS), Commerce Bancshares (CBSH), Cullen/Frost Bankers (CFR), and Zions Bancorporation, National Association (ZION). These companies are all part of the "regional banks" industry.

Synovus Financial vs.

Synovus Financial (NYSE:SNV) and Huntington Bancshares (NASDAQ:HBAN) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, community ranking, dividends, profitability, valuation, risk, media sentiment and analyst recommendations.

Synovus Financial has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500. Comparatively, Huntington Bancshares has a beta of 1.06, meaning that its stock price is 6% more volatile than the S&P 500.

Huntington Bancshares has higher revenue and earnings than Synovus Financial. Huntington Bancshares is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Synovus Financial$3.45B2.02$543.71M$2.9216.31
Huntington Bancshares$10.84B2.02$1.95B$1.1113.63

In the previous week, Huntington Bancshares had 21 more articles in the media than Synovus Financial. MarketBeat recorded 43 mentions for Huntington Bancshares and 22 mentions for Synovus Financial. Synovus Financial's average media sentiment score of 0.65 beat Huntington Bancshares' score of 0.63 indicating that Synovus Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Synovus Financial
7 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Huntington Bancshares
10 Very Positive mention(s)
3 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 3.2%. Huntington Bancshares pays an annual dividend of $0.62 per share and has a dividend yield of 4.1%. Synovus Financial pays out 52.1% of its earnings in the form of a dividend. Huntington Bancshares pays out 55.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

83.9% of Synovus Financial shares are owned by institutional investors. Comparatively, 80.7% of Huntington Bancshares shares are owned by institutional investors. 0.8% of Synovus Financial shares are owned by insiders. Comparatively, 0.9% of Huntington Bancshares shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Huntington Bancshares received 121 more outperform votes than Synovus Financial when rated by MarketBeat users. However, 57.07% of users gave Synovus Financial an outperform vote while only 51.55% of users gave Huntington Bancshares an outperform vote.

CompanyUnderperformOutperform
Synovus FinancialOutperform Votes
444
57.07%
Underperform Votes
334
42.93%
Huntington BancsharesOutperform Votes
565
51.55%
Underperform Votes
531
48.45%

Huntington Bancshares has a net margin of 14.77% compared to Synovus Financial's net margin of 8.40%. Synovus Financial's return on equity of 12.76% beat Huntington Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Synovus Financial8.40% 12.76% 0.95%
Huntington Bancshares 14.77%11.34%1.00%

Synovus Financial currently has a consensus target price of $45.81, indicating a potential downside of 3.82%. Huntington Bancshares has a consensus target price of $15.47, indicating a potential upside of 2.25%. Given Huntington Bancshares' stronger consensus rating and higher probable upside, analysts plainly believe Huntington Bancshares is more favorable than Synovus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Synovus Financial
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
Huntington Bancshares
1 Sell rating(s)
5 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.67

Summary

Huntington Bancshares beats Synovus Financial on 13 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SNV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SNV vs. The Competition

MetricSynovus FinancialNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$6.85B$20.05B$9.92B$18.50B
Dividend Yield3.25%3.55%6.62%3.51%
P/E Ratio16.3111.3247.1825.04
Price / Sales2.022.223,593.2415.37
Price / Cash9.329.7317.2819.61
Price / Book1.541.212.595.08
Net Income$543.71M$2.34B$1.02B$977.27M
7 Day Performance5.63%3.46%1.80%1.57%
1 Month Performance25.51%15.27%7.74%5.69%
1 Year Performance44.46%16.57%14.98%9.05%

Synovus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HBAN
Huntington Bancshares
4.8623 of 5 stars
4.86 / 5 stars
$14.86
+3.9%
$14.93
+0.5%
+24.3%$21.54B$10.84B13.3919,955Earnings Report
Dividend Announcement
Analyst Downgrade
Insider Selling
Short Interest ↑
Analyst Revision
News Coverage
RF
Regions Financial
4.7215 of 5 stars
4.72 / 5 stars
$22.09
flat
$20.39
-7.7%
+12.5%$20.23B$9.15B12.0120,101Earnings Report
Analyst Forecast
Analyst Revision
High Trading Volume
KEY
KeyCorp
4.9889 of 5 stars
4.99 / 5 stars
$15.59
+0.2%
$16.06
+3.0%
+32.5%$14.70B$10.40B19.7317,333Short Interest ↓
EWBC
East West Bancorp
3.6159 of 5 stars
3.62 / 5 stars
$79.92
+0.2%
$83.31
+4.2%
+40.1%$11.12B$3.99B10.073,206Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
FHN
First Horizon
4.7527 of 5 stars
4.75 / 5 stars
$16.42
+1.4%
$17.31
+5.4%
+25.7%$8.98B$3.12B11.487,378Dividend Announcement
Short Interest ↓
WAL
Western Alliance Bancorporation
4.8212 of 5 stars
4.82 / 5 stars
$76.72
+7.9%
$76.00
-0.9%
+54.4%$8.45B$2.28B11.183,260Analyst Forecast
Insider Selling
Analyst Revision
High Trading Volume
WBS
Webster Financial
4.9992 of 5 stars
5.00 / 5 stars
$47.82
-1.3%
$56.00
+17.1%
+4.5%$8.20B$3.94B9.804,261Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
High Trading Volume
CBSH
Commerce Bancshares
4.5212 of 5 stars
4.52 / 5 stars
$63.23
-0.4%
$56.71
-10.3%
+21.2%$8.19B$1.61B17.634,728Dividend Announcement
Insider Selling
News Coverage
High Trading Volume
CFR
Cullen/Frost Bankers
4.1684 of 5 stars
4.17 / 5 stars
$113.68
+1.0%
$113.77
+0.1%
+3.2%$7.30B$2.65B13.445,495Earnings Report
Dividend Increase
Analyst Forecast
Analyst Revision
News Coverage
Gap Up
ZION
Zions Bancorporation, National Association
4.3916 of 5 stars
4.39 / 5 stars
$48.98
-0.5%
$43.88
-10.4%
+36.0%$7.23B$3.02B12.319,679Earnings Report
Analyst Forecast
Analyst Revision
News Coverage

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This page (NYSE:SNV) was last updated on 7/27/2024 by MarketBeat.com Staff

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