Free Trial

Synovus Financial (SNV) Competitors

$36.57
-0.43 (-1.16%)
(As of 06/14/2024 ET)

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

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), Webster Financial (WBS), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), and Popular (BPOP). 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 better stock? We will contrast the two businesses based on the strength of their profitability, community ranking, risk, institutional ownership, valuation, media sentiment, dividends, analyst recommendations and earnings.

Synovus Financial has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500. Comparatively, Huntington Bancshares has a beta of 1.08, suggesting that its stock price is 8% more volatile than the S&P 500.

Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 4.2%. Huntington Bancshares pays an annual dividend of $0.62 per share and has a dividend yield of 5.0%. 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 held by institutional investors. Comparatively, 80.7% of Huntington Bancshares shares are held by institutional investors. 0.8% of Synovus Financial shares are held by company insiders. Comparatively, 0.9% of Huntington Bancshares shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Huntington Bancshares has a net margin of 15.86% compared to Synovus Financial's net margin of 13.29%. Synovus Financial's return on equity of 12.93% beat Huntington Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
Synovus Financial13.29% 12.93% 0.94%
Huntington Bancshares 15.86%11.99%1.05%

Synovus Financial presently has a consensus price target of $41.50, suggesting a potential upside of 13.51%. Huntington Bancshares has a consensus price target of $15.13, suggesting a potential upside of 22.64%. 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)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56
Huntington Bancshares
1 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.69

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$3.45B1.55$543.71M$2.9212.52
Huntington Bancshares$10.84B1.65$1.95B$1.1111.12

Huntington Bancshares received 122 more outperform votes than Synovus Financial when rated by MarketBeat users. However, 56.86% of users gave Synovus Financial an outperform vote while only 51.38% of users gave Huntington Bancshares an outperform vote.

CompanyUnderperformOutperform
Synovus FinancialOutperform Votes
435
56.86%
Underperform Votes
330
43.14%
Huntington BancsharesOutperform Votes
557
51.38%
Underperform Votes
527
48.62%

In the previous week, Huntington Bancshares had 18 more articles in the media than Synovus Financial. MarketBeat recorded 32 mentions for Huntington Bancshares and 14 mentions for Synovus Financial. Synovus Financial's average media sentiment score of 0.98 beat Huntington Bancshares' score of 0.43 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
9 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Huntington Bancshares
7 Very Positive mention(s)
5 Positive mention(s)
7 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

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

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.
Skip Chart

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.
Skip Chart

SNV vs. The Competition

MetricSynovus FinancialNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$5.36B$18.44B$9.03B$17.70B
Dividend Yield4.05%4.02%10.65%3.57%
P/E Ratio12.529.4157.4823.14
Price / Sales1.551.763,510.2814.39
Price / Cash7.488.6028.0719.45
Price / Book1.161.012.414.81
Net Income$543.71M$2.35B$1.01B$977.62M
7 Day Performance-2.40%-1.15%-0.65%0.62%
1 Month Performance-8.46%-4.17%-1.57%-3.75%
1 Year Performance20.06%7.17%11.78%7.29%

Synovus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HBAN
Huntington Bancshares
4.9787 of 5 stars
$12.57
-6.2%
$15.30
+21.7%
+9.8%$18.22B$10.84B11.3219,955Analyst Upgrade
Short Interest ↓
RF
Regions Financial
4.7103 of 5 stars
$18.03
-3.1%
$20.34
+12.8%
+1.6%$16.51B$9.15B9.8020,101Positive News
KEY
KeyCorp
4.9898 of 5 stars
$13.55
-2.7%
$16.00
+18.1%
+30.2%$12.78B$10.40B17.1517,333Analyst Forecast
Short Interest ↑
Positive News
EWBC
East West Bancorp
4.0355 of 5 stars
$70.23
-2.5%
$84.08
+19.7%
+28.0%$9.77B$3.99B8.853,206Short Interest ↓
Positive News
FHN
First Horizon
4.977 of 5 stars
$14.76
-3.1%
$16.62
+12.6%
+19.7%$8.07B$5.03B10.327,378Analyst Forecast
Short Interest ↓
Positive News
WBS
Webster Financial
5 of 5 stars
$40.38
-2.5%
$57.00
+41.2%
+0.9%$6.92B$3.94B8.274,261Positive News
CBSH
Commerce Bancshares
3.7276 of 5 stars
$53.20
-2.0%
$55.29
+3.9%
+4.2%$6.89B$1.95B14.844,728Short Interest ↑
Positive News
WAL
Western Alliance Bancorporation
4.9078 of 5 stars
$57.89
-1.5%
$72.47
+25.2%
+48.2%$6.37B$2.26B8.443,260Analyst Upgrade
Positive News
CFR
Cullen/Frost Bankers
4.7963 of 5 stars
$97.60
-3.1%
$117.46
+20.3%
-13.8%$6.27B$2.65B11.545,495Short Interest ↑
Positive News
BPOP
Popular
4.9898 of 5 stars
$84.24
-1.9%
$99.89
+18.6%
+35.6%$6.09B$3.90B12.509,237Positive News

Related Companies and Tools

This page (NYSE:SNV) was last updated on 6/14/2024 by MarketBeat.com Staff

From Our Partners