Synovus Financial Past Earnings Performance
Past criteria checks 2/6
Synovus Financial has been growing earnings at an average annual rate of 8.9%, while the Banks industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 6.2% per year. Synovus Financial's return on equity is 9.2%, and it has net margins of 22.1%.
Key information
8.9%
Earnings growth rate
8.5%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 6.2% |
| Return on equity | 9.2% |
| Net Margin | 22.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Synovus Financial (NYSE:SNV) Is Paying Out A Dividend Of $0.38
Mar 08
Synovus Financial: A Lot Of Income Options Here
Mar 04Synovus: Potential Credit Losses Limit Upside
Nov 27If EPS Growth Is Important To You, Synovus Financial (NYSE:SNV) Presents An Opportunity
Sep 22Synovus Preferred Stock Looks Mispriced
Sep 14Synovus Financial: Interesting Dividend But It's Not Enough
Jun 24If EPS Growth Is Important To You, Synovus Financial (NYSE:SNV) Presents An Opportunity
Jun 09Synovus Q4 2022 Earnings Preview
Jan 18Synovus Q3 2022 Earnings Preview
Oct 19Synovus declares $0.34 dividend
Sep 01Synovus Financial: Initiatives To Drive Earnings, Stock Appears Attractively Valued
Aug 18Synovus Financial to raise capital in senior notes offering
Aug 04Synovus Non-GAAP EPS of $1.17 beats by $0.07, revenue of $522.65M beats by $4.01M
Jul 21I Ran A Stock Scan For Earnings Growth And Synovus Financial (NYSE:SNV) Passed With Ease
May 30Synovus Offers An Attractive Mix Of Organic And Macro Growth
Mar 15Synovus Financial's (NYSE:SNV) Dividend Will Be Increased To US$0.34
Mar 07Here's Why I Think Synovus Financial (NYSE:SNV) Might Deserve Your Attention Today
Mar 01Synovus Financial: Good Management To Counter Pressures From Provision Normalization
Jan 01Synovus Financial (NYSE:SNV) Has Announced A Dividend Of US$0.33
Dec 06Does Synovus Financial (NYSE:SNV) Deserve A Spot On Your Watchlist?
Nov 24Revenue & Expenses BreakdownBeta
How Synovus Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,936 | 429 | 1,037 | 0 |
| 31 Dec 23 | 2,034 | 508 | 1,036 | 0 |
| 30 Sep 23 | 2,160 | 645 | 1,040 | 0 |
| 30 Jun 23 | 2,239 | 752 | 1,029 | 0 |
| 31 Mar 23 | 2,217 | 756 | 1,009 | 0 |
| 31 Dec 22 | 2,122 | 725 | 983 | 0 |
| 30 Sep 22 | 2,117 | 719 | 963 | 0 |
| 30 Jun 22 | 2,068 | 703 | 947 | 0 |
| 31 Mar 22 | 2,072 | 711 | 944 | 0 |
| 31 Dec 21 | 2,089 | 727 | 939 | 0 |
| 30 Sep 21 | 2,014 | 677 | 934 | 0 |
| 30 Jun 21 | 1,955 | 582 | 936 | 0 |
| 31 Mar 21 | 1,849 | 489 | 940 | 0 |
| 31 Dec 20 | 1,664 | 341 | 934 | 0 |
| 30 Sep 20 | 1,647 | 342 | 936 | 0 |
| 30 Jun 20 | 1,663 | 386 | 916 | 0 |
| 31 Mar 20 | 1,729 | 454 | 883 | 0 |
| 31 Dec 19 | 1,864 | 541 | 847 | 0 |
| 30 Sep 19 | 1,745 | 499 | 803 | 0 |
| 30 Jun 19 | 1,630 | 471 | 763 | 0 |
| 31 Mar 19 | 1,501 | 427 | 728 | 0 |
| 31 Dec 18 | 1,377 | 410 | 691 | 0 |
| 30 Sep 18 | 1,354 | 336 | 683 | 0 |
| 30 Jun 18 | 1,364 | 332 | 677 | 0 |
| 31 Mar 18 | 1,327 | 297 | 667 | 0 |
| 31 Dec 17 | 1,301 | 265 | 658 | 0 |
| 30 Sep 17 | 1,271 | 304 | 640 | 0 |
| 30 Jun 17 | 1,202 | 271 | 629 | 0 |
| 31 Mar 17 | 1,176 | 256 | 617 | 0 |
| 31 Dec 16 | 1,144 | 237 | 605 | 0 |
| 30 Sep 16 | 1,119 | 226 | 597 | 0 |
| 30 Jun 16 | 1,100 | 219 | 588 | 0 |
| 31 Mar 16 | 1,083 | 214 | 579 | 0 |
| 31 Dec 15 | 1,076 | 216 | 573 | 0 |
| 30 Sep 15 | 1,066 | 211 | 575 | 0 |
| 30 Jun 15 | 1,061 | 199 | 571 | 0 |
| 31 Mar 15 | 1,051 | 191 | 573 | 0 |
| 31 Dec 14 | 1,042 | 185 | 568 | 0 |
| 30 Sep 14 | 1,028 | 170 | 564 | 0 |
| 30 Jun 14 | 1,023 | 163 | 567 | 0 |
| 31 Mar 14 | 1,021 | 150 | 564 | 0 |
| 31 Dec 13 | 994 | 119 | 559 | 0 |
| 30 Sep 13 | 885 | 792 | 562 | 0 |
| 30 Jun 13 | 846 | 771 | 557 | 0 |
Quality Earnings: SNV has high quality earnings.
Growing Profit Margin: SNV's current net profit margins (22.1%) are lower than last year (34.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SNV's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: SNV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SNV had negative earnings growth (-43.3%) over the past year, making it difficult to compare to the Banks industry average (-13.8%).
Return on Equity
High ROE: SNV's Return on Equity (9.2%) is considered low.