This company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsSynovus Financial（SNV）株式概要シノバス・ファイナンシャル・コーポレーションはシノバス・バンクの銀行持株会社として、米国で商業・消費者向け銀行商品やサービスを提供している。 詳細SNV ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長1/6過去の実績5/6財務の健全性6/6配当金5/6報酬当社が推定した公正価値より59.4%で取引されている 収益は年間3.96%増加すると予測されています 過去1年間で収益は134.8%増加しました 3.12%の安定した配当金を支払う 同業他社や業界と比較して、良好な取引価格 リスク分析リスクチェックの結果、SNV 、リスクは検出されなかった。すべてのリスクチェックを見るSNV Community Fair Values Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN12.5% undervaluedAnalystConsensusTarget•5mo agoAnalysts Adjust Synovus Financial Outlook Amid Pinnacle Merger and Updated Valuation Forecasts11206Top Analyst NarrativesSynovus FinancialANAnalystConsensusTargetBased on Analyst Price TargetsAnalysts Adjust Synovus Financial Outlook Amid Pinnacle Merger and Updated Valuation ForecastsKey Takeaways Expansion in fast-growing Sun Belt markets and enhanced digital banking capabilities are driving customer acquisition, operational efficiency, and higher fee-based income. Focused business banking growth, strong credit quality, and advanced analytics adoption support sustained revenue, profitability, and client retention.View narrativeUS$57.21FV12.5% 割安 内在価値ディスカウント6.35%Revenue growth p.a.Set Fair ValueView112users have viewed this narrative0users have liked this narrative0users have commented on this narrative6users have followed this narrative5 months ago author updated this narrativeView all narrativesSynovus Financial Corp. 競合他社PopularSymbol: NasdaqGS:BPOPMarket cap: US$9.7bCommerce BancsharesSymbol: NasdaqGS:CBSHMarket cap: US$7.6bValley National BancorpSymbol: NasdaqGS:VLYMarket cap: US$7.5bBOK FinancialSymbol: NasdaqGS:BOKFMarket cap: US$7.9b価格と性能株価の高値、安値、推移の概要Synovus Financial過去の株価現在の株価US$50.0552週高値US$61.0652週安値US$35.94ベータ1.221ヶ月の変化-0.26%3ヶ月変化2.81%1年変化-3.64%3年間の変化28.63%5年間の変化38.41%IPOからの変化455.29%最新ニュースお知らせ • Jan 03+ 5 more updatesSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value IndexSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value Indexお知らせ • Jan 02+ 1 more updateSynovus Financial Corp. Announces Cessation of Directors and Executive OfficersThis Current Report on Form 8-K is being filed in connection with the closing on January 1, 2026 (the “Closing Date”) of the previously announced Merger contemplated by the Agreement and Plan of Merger, dated as of July 24, 2025 (the “Merger Agreement”), by and among Synovus Financial Corp., a Georgia corporation (“Synovus”), Pinnacle Financial Partners Inc., a Tennessee corporation (“Pinnacle”), and Steel Newco Inc., a Georgia corporation (“Newco”). Pursuant to the Merger Agreement, on the Closing Date, each of Synovus and Pinnacle merged with and into Newco simultaneously, with Newco as the surviving entity (such mergers, collectively, the “Merger”). In connection with the closing of the Merger, Newco changed its name from Steel Newco Inc. to Pinnacle Financial Partners Inc. Upon completion of the Merger, the separate corporate existence of each of Synovus and Pinnacle ceased, and Newco became the parent holding company for the combined organization. The headquarters for Newco is located in Atlanta, Georgia. At the Effective Time, all directors and executive officers of Synovus ceased to serve in such capacities.ナラティブの更新 • Dec 18SNV: Merger Execution And Rate Cuts Will Shape Outlook Into 2027Analysts have modestly raised their fair value estimate for Synovus Financial to about $57.21 per share from roughly $56.29. This reflects slightly higher projected revenue growth, improved profit margins, and a still-supportive future earnings multiple, even as Street price targets edge lower amid merger execution and interest rate concerns.お知らせ • Dec 17Synovus Financial Corp. to Report Q4, 2025 Results on Jan 21, 2026Synovus Financial Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026Recent Insider Transactions Derivative • Dec 16Insider exercised options to buy US$1.1m worth of stock.On the 11th of December, Kevin Howard exercised 26.57k options to receive shares at no cost, then sold around 6.18k of them at US$52.65 each and kept the remainder. Since March 2025, Kevin's direct individual holding has decreased from 59.54k shares to 58.94k. Company insiders have collectively bought US$5.1m more than they sold, via options and on-market transactions, in the last 12 months.Declared Dividend • Dec 08Third quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th December 2025 Payment date: 24th December 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesお知らせ • Jan 03+ 5 more updatesSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value IndexSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value Indexお知らせ • Jan 02+ 1 more updateSynovus Financial Corp. Announces Cessation of Directors and Executive OfficersThis Current Report on Form 8-K is being filed in connection with the closing on January 1, 2026 (the “Closing Date”) of the previously announced Merger contemplated by the Agreement and Plan of Merger, dated as of July 24, 2025 (the “Merger Agreement”), by and among Synovus Financial Corp., a Georgia corporation (“Synovus”), Pinnacle Financial Partners Inc., a Tennessee corporation (“Pinnacle”), and Steel Newco Inc., a Georgia corporation (“Newco”). Pursuant to the Merger Agreement, on the Closing Date, each of Synovus and Pinnacle merged with and into Newco simultaneously, with Newco as the surviving entity (such mergers, collectively, the “Merger”). In connection with the closing of the Merger, Newco changed its name from Steel Newco Inc. to Pinnacle Financial Partners Inc. Upon completion of the Merger, the separate corporate existence of each of Synovus and Pinnacle ceased, and Newco became the parent holding company for the combined organization. The headquarters for Newco is located in Atlanta, Georgia. At the Effective Time, all directors and executive officers of Synovus ceased to serve in such capacities.ナラティブの更新 • Dec 18SNV: Merger Execution And Rate Cuts Will Shape Outlook Into 2027Analysts have modestly raised their fair value estimate for Synovus Financial to about $57.21 per share from roughly $56.29. This reflects slightly higher projected revenue growth, improved profit margins, and a still-supportive future earnings multiple, even as Street price targets edge lower amid merger execution and interest rate concerns.お知らせ • Dec 17Synovus Financial Corp. to Report Q4, 2025 Results on Jan 21, 2026Synovus Financial Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026Recent Insider Transactions Derivative • Dec 16Insider exercised options to buy US$1.1m worth of stock.On the 11th of December, Kevin Howard exercised 26.57k options to receive shares at no cost, then sold around 6.18k of them at US$52.65 each and kept the remainder. Since March 2025, Kevin's direct individual holding has decreased from 59.54k shares to 58.94k. Company insiders have collectively bought US$5.1m more than they sold, via options and on-market transactions, in the last 12 months.Declared Dividend • Dec 08Third quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th December 2025 Payment date: 24th December 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 05Synovus Financial Corp. Declares Quarterly Dividend, Payable on December 24, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on December 24, 2025, to shareholders of record as of December 18, 2025.ナラティブの更新 • Dec 04SNV: Pending Merger Will Drive Upside As Integration Advances Beyond 2026Analysts have nudged their Synovus Financial price target slightly higher to reflect a modest uptick in modeled fair value to about $56.29, even as they factor in recent Street target cuts in the $49 to $62 range. These cuts highlight near term merger execution risks and rate related headwinds alongside solid core fundamentals.お知らせ • Dec 03Pinnacle Financial Partners and Synovus Financial Corp. Announce New Board and Executive Appointments Following MergerPinnacle Financial Partners and Synovus Financial Corp. announced the composition of the board of directors for the combined company, which will include eight Pinnacle and seven Synovus directors, with six independent directors from each company. Terry Turner will serve as non-executive chair, and Tim Bentsen, Synovus director, will serve as lead director. Rob McCabe will serve as vice chair. The full list of directors is as anticipated as follows: Terry Turner, chair (Pinnacle); Kevin Blair, president and CEO (Synovus); Tim Bentsen, lead director (Synovus); Rob McCabe, vice chair (Pinnacle); Abney Boxley (Pinnacle); Gregory Burns (Pinnacle); Pedro Cherry (Synovus); Thomas Farnsworth (Pinnacle); David Ingram (Pinnacle); John Irby (Synovus); Decosta Jenkins (Pinnacle); Gregory Montana (Synovus); Barry Storey (Synovus); G. Kennedy Thompson (Pinnacle); Teresa White (Synovus). The merger has been approved by the boards of both companies and received shareholder and federal and state bank regulatory approvals. The deal is expected to close January 1, 2026, with full integration anticipated by 2027. Synovus locations will continue operating under that brand through 2026.お知らせ • Nov 26Pinnacle and Synovus Receive Federal Bank Regulatory Approval to CombineThe proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on November 6, 2025, Pinnacle and Synovus anticipate completing the merger Jan. 1, 2026, subject to satisfaction of the remaining customary closing conditions. Integration teams are working closely together toward closing with clear plans for how the firm will operate on Day One, while also building the blueprint for integration. Throughout 2026, team members will work to bring systems, processes and people under the Pinnacle brand. Full system and brand conversions are expected to take place in the first half of 2027. Until then, clients at both firms should see very little change in their day-to-day business, and Synovus locations will continue to operate under the Synovus brand.ナラティブの更新 • Nov 20SNV: Pending Merger Will Unlock Shareholder Upside Despite Market CautionAnalysts have slightly increased their fair value estimate for Synovus Financial, raising the target by approximately $0.43 to $56.14 as ongoing merger developments and updated revenue expectations continue to influence outlooks. Analyst Commentary Recent analyst research reveals a mix of optimism and ongoing caution as Synovus Financial navigates its pending merger and evolves its financial outlook.ナラティブの更新 • Nov 06SNV: Future Merger Will Drive Shareholder Momentum Despite Recent DowngradesSynovus Financial’s analyst-derived fair value estimate has been revised downward by $0.71 to $55.71 per share. Analysts cite cautious sentiment related to the company’s pending merger and updated revenue outlooks.お知らせ • Oct 29Synovus Financial Corp. Announces Retirement of Nelson Bean as Division CEO of Synovus in BirminghamThe time was right this summer for Synovus Financial Corp. to make a deal. Now, the bank's longtime Birmingham leader is planning to pass the torch to a new executive roster soon. Nelson Bean, division CEO of Synovus in Birmingham, is planning to retire this year. Bean has been a leader with Synovus for decades. Born and raised in Birmingham, Bean graduated from Vanderbilt University in 1983. He joined Third National Bank in Nashville in 1983. Third National Bank was later acquired by SunTrust. Bean moved home and joined First Commercial Bank in 1988 as a vice president of commercial banking. First Commercial Bank merged with Synovus Financial Corp. in 1992. Bean was named president of First Commercial Bank in 2003. Bean assumed regional responsibilities for Synovus in 2009. Bean is also a board member of United Way of Central Alabama and Freshwater Land Trust and has been president of Kiwanis Club of Birmingham, among various other civic and nonprofit leadership roles. Bean said he isn't interested in any future banking opportunities outside of the bank he worked in for 40 years - but he's not ruling out other opportunities.ナラティブの更新 • Oct 23Analysts Adjust Synovus Financial Outlook Amid Pinnacle Merger and Updated Valuation ForecastsAnalysts have modestly reduced their price target for Synovus Financial, lowering the fair value estimate by approximately $1.36 to reflect updated revenue growth assumptions, a slightly lower discount rate, and the impact of the pending Pinnacle merger. Analyst Commentary Recent updates from Street analysts reflect a shifting outlook for Synovus Financial amid the pending merger with Pinnacle Financial.Reported Earnings • Oct 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$1.42 (up from US$1.19 in 3Q 2024). Revenue: US$593.7m (up 9.7% from 3Q 2024). Net income: US$197.0m (up 16% from 3Q 2024). Profit margin: 33% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.ナラティブの更新 • Oct 08Sun Belt Expansion And Digital Banking Will Shape Future ProspectsSynovus Financial's analyst price target has been lowered modestly from $58.86 to $57.79. Analysts cite more conservative growth projections, slight increases in discount rates, and tempered profit margin expectations following recent model updates and broader industry adjustments.お知らせ • Sep 16Synovus Financial Corp. to Report Q3, 2025 Results on Oct 15, 2025Synovus Financial Corp. announced that they will report Q3, 2025 results After-Market on Oct 15, 2025Declared Dividend • Sep 08Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th September 2025 Payment date: 1st October 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Seeking Alpha • Sep 08Synovus Financial: Series E Preferred Is Locked Into 7.8% Yield Until 2029Summary Synovus Financial's Series E preferred shares offer a fixed 7.8% yield until 2029, providing a strong hedge against falling interest rates for income investors. The bank's Q2 results showed improved net interest margin and loan growth, but deposit losses and higher external financing pose future earnings risks. Synovus' allowance for credit losses is below industry average, which could pressure earnings if nonperforming assets rise again. I recommend avoiding Synovus common shares due to merger uncertainty, but the Series E preferred shares remain attractive for their stability and yield. Read the full article on Seeking Alphaナラティブの更新 • Sep 05Sun Belt Expansion And Digital Banking Will Shape Future ProspectsAnalysts modestly raised Synovus Financial’s consensus price target to $58.86 as improved net interest income, loan growth, disciplined cost control, and optimism on credit quality outweighed merger-related downgrades, reflecting a slightly higher fair value. Analyst Commentary Bearish analysts lowered price targets and downgraded Synovus following the announced merger with Pinnacle Financial, reflecting updated valuations based on the exchange ratio and Pinnacle’s price target.お知らせ • Sep 04Synovus Financial Corp. Declares the Quarterly Dividend on the Company’s Common Stock, Payable on Oct. 1, 2025The board of directors of Synovus Financial Corp. declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on Oct. 1, 2025, to shareholders of record as of Sept. 18, 2025.お知らせ • Aug 22Pinnacle Financial Partners, Inc. and Synovus Financial Corp. Announces Executive Leadership Team for Combined CompanyPinnacle Financial Partners, Inc. and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions. Upon closing, this team is expected to lead the firm’s most critical corporate functions to drive transformative growth, ignite innovation and shape the future of the combined company under the Pinnacle brand. Rob McCabe, Chief Banking Officer. Jamie Gregory, Chief Financial Officer. Zack Bishop, Chief Operating Officer. Shellie Creson, Chief Risk Officer. Allan Kamensky, Chief Legal Officer. Matt Paluch, Chief of Staff to Kevin Blair. Dana Sanders, Chief Audit Executive. Charissa Sumerlin, Chief Credit Officer. Jennifer Upshaw, Chief Administrative Officer. Liz Wolverton, Chief Digital and Product Solutions Officer. Summer Yeiser, Chief People Officer. Reporting to Blair, McCabe will lead revenue-producing units for the combined firm, including the previously announced geographic leaders and the team tasked with delivering exceptional service and advice to clients across the firm’s footprint while maintaining local relationship management and a geographic model. Wayne Akins – Wealth management, including trust and investment solutions; mortgage; and third-party payments. Rick Arthur – Consumer and small business banking, including specialty deposit offerings. Kevin Combs – Franchise; quick service restaurant; solar and alternative energy; and convenience and gas Industries. Tom Dierdorff – Banking and advisory solutions to financial institutions; technology, media and communications; and healthcare industries. Kris Foster – Equipment and aircraft finance; dealer industry banking. · Mike Hammontree – Commercial payments products and programs, including treasury management, merchant card services, international trade services and foreign exchange. Kevin Howard – Institutional commercial real estate lending, structured lending, government banking, senior housing and other specialty banking services. Andy Moats – Music, entertainment and sports banking. Dan Stubblefield– Organizational performance optimization. Upon closing, Pinnacle President and CEO Terry Turner will become non-executive chairman of the board of directors of Pinnacle with McCabe serving as vice chairman, ensuring a smooth transition. Their continued leadership of the combined company forms a deep connection to Pinnacle’s founding and the model that has made it one of the most highly regarded banks and bank stocks in the country. Both firms have established Integration Management Office teams to coordinate decisions and align priorities to build a strong, unified organization upon closing of the transaction. Upshaw and Arthur will lead these efforts for Synovus and Pinnacle, respectively, engaging teams from across both organizations to identify and execute top integration planning priorities.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$49.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 40% over the past three years.お知らせ • Jul 25Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion.Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion on July 24, 2025. The all-stock consideration represent a exchange ratio of 0.5237 per common equity of Synovus Financial Corp. This exchange ratio represents a Synovus per share value of $61.18. Synovus shareholders will own approximately 48.5% and Pinnacle shareholders will own approximately 51.5% of the combined company. The transaction is expected to be tax-free to shareholders of both companies. Buy side and sell side termination fee is $425 million. The combined company, which will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand, will be led by a highly experienced team with a shared growth mindset. Kevin Blair will serve as President and Chief Executive Officer, Terry Turner will serve as Chairman of the Board of Directors, Jamie Gregory will serve as Chief Financial Officer, and Rob McCabe will become Vice Chairman and Chief Banking Officer of the combined company. The transaction is subject to approval by regulatory board / committee, approval of merger agreement Pinnacle and Synovus shareholders and board, authorization for listing on the New York Stock Exchange of the shares of Newco Common Stock and Newco Preferred Stock, effectiveness of the registration statement on Form S-4 and the satisfaction of other customary closing conditions. The deal has been unanimously approved by the board of directors of both Synovus and Pinnacle. The expected completion of the transaction is first quarter of 2026. Centerview Partners LLC acted as financial advisor for Pinnacle Financial Partners, Inc. H. Rodgin Cohen and Mitchell S. Eitel of Sullivan & Cromwell LLP and Bass, Berry & Sims, PLC, acted as legal advisor for Pinnacle Financial Partners, Inc. Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Partners, Inc. Morgan Stanley & Co. LLC acted as financial advisor for Synovus Financial Corp. Edward D. Herlihy and Brandon C. Price of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Synovus Financial Corp. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Synovus Financial Corp. Sullivan & Cromwell LLP has been assisted by Bass, Berry & Sims, PLC in the transaction.お知らせ • Jul 23Synovus Reportedly Weighs Potential Merger After Drawing Takeover InterestSynovus Financial Corp. (NYSE:SNV), a regional bank in the southeastern US, is weighing options including a potential merger after drawing interest, people familiar with the matter said. The Columbus, Georgia-based bank is working with a financial adviser and has recently held merger talks with at least one rival, according to the people, who asked not to be identified because the details aren’t public. Shares in Synovus rose as much as 10% on July 22, 2025. The stock was up 6.4% at 2:27 p.m. in New York, giving the company a market value of about $8.2 billion. Deliberations are ongoing and there’s no certainty that Synovus will decide to pursue a transaction, the people said. A representative for Synovus didn’t respond to requests for comment.Price Target Changed • Jul 18Price target increased by 9.5% to US$62.82Up from US$57.39, the current price target is an average from 19 analysts. New target price is 13% above last closing price of US$55.74. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$5.50 for next year compared to US$3.05 last year.Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.49 (up from US$0.16 loss in 2Q 2024). Revenue: US$590.5m (up 111% from 2Q 2024). Net income: US$206.3m (up US$230.1m from 2Q 2024). Profit margin: 35% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.お知らせ • Jul 17Synovus Financial Corp. Announces Net Charge Off for the Second Quarter Ended June 30, 2025Synovus Financial Corp. announced net charge off for the second quarter ended June 30, 2025. For the quarter, the company announced the net charge-off of $18,301,000 as compared to $21,366,000 in the previous quarter. The net -charge off ratio is of 0.17%, down from 0.20% in the prior quarter.お知らせ • Jun 17Synovus Financial Corp. to Report Q2, 2025 Results on Jul 17, 2025Synovus Financial Corp. announced that they will report Q2, 2025 results at 8:30 AM, US Eastern Standard Time on Jul 17, 2025Declared Dividend • Jun 06First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th June 2025 Payment date: 1st July 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 04Synovus Financial Corp. Declares Quarterly Dividend, Payable on July 1, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividends of $0.39 per share on the company’s common stock, payable on July 1, 2025, to shareholders of record as of June 19, 2025.Seeking Alpha • Apr 20Synovus: Improving Credit Dynamics Create An Opportunity (Rating Upgrade)Summary Synovus shares have dropped 30% from highs despite strong Q1 results, creating a potential buying opportunity. Q1 earnings of $1.30 beat estimates by $0.18, driven by a 6% revenue growth and improved credit quality. Synovus has a solid deposit mix and loan portfolio, with a focus on business lending and reduced CRE exposure. Shares are attractively valued at 8.5x earnings, with potential upside to $48, making it a compelling "buy the dip" opportunity. Read the full article on Seeking AlphaReported Earnings • Apr 17First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$1.39 (up from US$0.78 in 1Q 2024). Revenue: US$559.9m (up 16% from 1Q 2024). Net income: US$195.0m (up 70% from 1Q 2024). Profit margin: 35% (up from 24% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$40.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Banks industry in the US. Negligible returns to shareholders over past three years.お知らせ • Mar 17Synovus Financial Corp. to Report Q1, 2025 Results on Apr 16, 2025Synovus Financial Corp. announced that they will report Q1, 2025 results After-Market on Apr 16, 2025お知らせ • Mar 13Synovus Financial Corp., Annual General Meeting, Apr 24, 2025Synovus Financial Corp., Annual General Meeting, Apr 24, 2025.Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.39Dividend of US$0.39 is 2.6% higher than last year. Ex-date: 20th March 2025 Payment date: 1st April 2025 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (50% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 04Synovus Financial Corp. Declares Quarterly Dividend, Payable on April 1, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on April 1, 2025, to shareholders of record as of March 20, 2025.Reported Earnings • Feb 24Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.05 (down from US$3.48 in FY 2023). Revenue: US$1.85b (down 8.8% from FY 2023). Net income: US$439.6m (down 13% from FY 2023). Profit margin: 24% (down from 25% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.19% (down from 3.21% in FY 2023). Cost-to-income ratio: 54.3% (down from 54.9% in FY 2023). Non-performing loans: 0.73% (up from 0.66% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Seeking Alpha • Feb 16Synovus Financial: A Beneficiary Of Banking Deregulation Under TrumpSummary Synovus Financial Corp. is poised to benefit from potential deregulation under Trump, reducing compliance costs and enhancing growth opportunities. Deregulation could lower regulatory expenses, allowing Synovus to allocate more capital towards loan growth and shareholder returns. A favorable M&A environment could enable Synovus to capitalize on consolidation opportunities, strengthening its balance sheet and market position. Synovus's current valuation and positive technical momentum suggest significant upside potential, making it an attractive investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Jan 29Synovus: Fair Valuation Given Strong Deposits, But Credit Risk ExistsSummary Synovus Financial has seen a strong 38% gain over the past year, driven by optimism in the regulatory environment and improved net charge-offs. The bank's credit experience outperformed expectations, enabling capital build-up, share repurchases, and securities portfolio repositioning to enhance yield. Despite higher nonperforming loans, Synovus' stable deposit growth and net interest margin expansion support a hold rating with an 8% total return opportunity. Read the full article on Seeking AlphaReported Earnings • Jan 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.05 (down from US$3.48 in FY 2023). Revenue: US$1.85b (down 8.9% from FY 2023). Net income: US$439.6m (down 13% from FY 2023). Profit margin: 24% (down from 25% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.19% (down from 3.21% in FY 2023). Cost-to-income ratio: 54.3% (down from 54.9% in FY 2023). Non-performing loans: 0.73% (up from 0.66% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Jan 13Synovus Financial Corp. Appoints Katie Webb as Chief Consumer Digital and Client Experience OfficerSynovus Financial Corp. announced that it has appointed Katie Webb as its chief consumer digital and client experience officer. In her new role, Webb will lead the consumer digital strategy, focusing on enhancing the client experience through strategic integration of physical and digital channels. She will drive the development of new digital capabilities and innovative experiences to meet the evolving needs of its clients. Webb will report to Liz Wolverton, executive vice president, head of consumer banking and brand experience. Webb, who has more than 15 years of experience in sales, marketing and digital within the financial services industry, was most recently with Aflac where she served as the vice president of digital product and experience, leading digital innovation and transformation.お知らせ • Jan 06Synovus Financial Corp. Appoints Jim Vaughn as Chattanooga Market ExecutiveSynovus Financial Corp. has named Jim Vaughn as its Chattanooga market executive. He joins Synovus from Mauldin & Jenkins. Vaughn will lead the company's Chattanooga banking teams in delivering financial solutions for clients while driving business development and growth and supporting community outreach initiatives. He will report to Bill Davies, market executive for northwest Georgia at Synovus. Before joining Synovus, Vaughn was a partner at Mauldin & Jenkins, where he worked for 25 years. He held various leadership roles at the accounting firm, including leading its financial services practice and serving on its executive, advisory, leadership and career advisory committees. Vaughn provided advisory and CPA services to financial institutions, nonprofits, hedge funds, transportation companies, and other Tennessee small- and medium-sized businesses. Vaughn is involved in the Chattanooga community, serving as chairman of the Cherokee Area Council of the Boy Scouts of America Board of Directors and of the Rollins College of Business Advisory Board. He earned a bachelor’s in business administration in accounting and finance from Georgia Southern University.お知らせ • Dec 19Synovus Financial Corp. Announces Election of Greg Montana to its Board of Directors, Effective January 1, 2025Synovus Financial Corp. has appointed Greg Montana, former executive vice president and chief risk officer of Fidelity National Information Services Inc., to its board of directors, effective January 1, 2025. He will serve on the audit and risk committees. This appointment increases the Synovus board to 12 directors. Montana retired from FIS in April 2023. During his 11-year tenure with the company, he led teams of risk, security and compliance professionals. The teams managed and mitigated risks related to cybersecurity; operations; credit; compliance; regulatory; environmental, social and governance; business continuity; crisis management; third party and fraud for all business segments, including banking, payments and capital markets. Montana has more than 25 years of leadership and risk management experience, having served in roles at Bank of America, PayPal, Lloyds Banking Group, Deloitte Consulting and JPMorganChase. Montana is a certified chief information security officer and former board member of the Internet Security Alliance and the Financial Services Information Sharing and Analysis Center Sheltered Harbor organization. He serves on the board of directors for United Way of Northeast Florida and is an active member and former board chair of Jacksonville Catholic Charities. Montana earned an MBA from the Wharton School of the University of Pennsylvania and a bachelor’s degree from Boston College.お知らせ • Dec 18Synovus Financial Corp. to Report Q4, 2024 Results on Jan 15, 2025Synovus Financial Corp. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 15, 2025Declared Dividend • Dec 06Third quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 19th December 2024 Payment date: 2nd January 2025 Dividend yield will be 2.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (69% payout ratio) and is expected to be covered in 3 years' time (32% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 84% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Dec 04Synovus Financial Corp. Announces Quarterly Dividends, Payable on Jan. 2, 2025The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on Jan. 2, 2025, to shareholders of record as of Dec. 19, 2024.Recent Insider Transactions • Dec 03Insider recently sold US$914k worth of stockOn the 27th of November, Kevin Howard sold around 16k shares on-market at roughly US$58.02 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.Seeking Alpha • Dec 03Synovus Financial: Series E Dividends Provide Best Yield Despite Premium PriceSummary Synovus Financial is managing interest rate volatility well, with net interest income growing despite no loan growth and increasing long-term debt. The Series E preferred shares are more attractive due to their fixed rate until 2029, offering stability amid projected rate cuts. Risks to the bank include high exposure to nonowner occupied commercial real estate and nonaccrual loans, potentially impacting future earnings. Despite trading at a premium, Series E preferred shares are a strong option for income investors, with dividends in little to no danger. Read the full article on Seeking Alphaお知らせ • Nov 13Synovus Financial Corp. Announces Executive Changes, Effective March 31, 2025Synovus Financial Corp. has named Anne Fortner, senior vice president and deputy chief credit officer, as executive vice president, chief credit officer, effective March 31, 2025. Fortner will succeed Bob Derrick, who has served as chief credit officer since 2019 and will retire after more than 20 years at Synovus. She will report to Shellie Creson, executive vice president, chief risk officer. Fortner will establish and advance credit organization initiatives and objectives in support of the enterprise strategy while ensuring that Synovus stays on top of trends and market conditions to guide credit practices. She will oversee the asset quality of the balance sheet, implement the administration of loan policy and governance processes, and direct the monitoring and measuring of credit risk through analytics, thresholds and limits to maintain credit risk within appetite. Derrick will remain in his role until March 31, 2025, and will work with Fortner, Creson and others to support the transition. In her 17 years with Synovus, Fortner has served in various roles, including executive director of credit risk management and leading credit for the wholesale bank. Prior to joining the company, she served in several commercial banking capacities with SouthTrust Bank and its successor, Wachovia. She earned her bachelor's degree in business administration from the University of Alabama.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$58.73, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$115 per share.Price Target Changed • Oct 18Price target increased by 8.3% to US$53.74Up from US$49.61, the current price target is an average from 17 analysts. New target price is 6.3% above last closing price of US$50.55. Stock is up 98% over the past year. The company is forecast to post earnings per share of US$2.91 for next year compared to US$3.48 last year.Reported Earnings • Oct 17Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.27 (up from US$0.60 in 3Q 2023). Revenue: US$541.3m (up 13% from 3Q 2023). Net income: US$181.6m (up 108% from 3Q 2023). Profit margin: 34% (up from 18% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Declared Dividend • Sep 06Second quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 19th September 2024 Payment date: 1st October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (32% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.2% to bring the payout ratio under control. EPS is expected to grow by 204% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Seeking Alpha • Sep 05Synovus Financial Preferred Attractive After Rate ResetSummary Synovus Financial Fixed-Rate Reset Non-Cumulative Preferred E offers an 8.507% coupon after resetting, with the next call date and dividend reset in July 2029. Comparative analysis shows it will likely yield higher than the D series and other regional banks' preferreds after the Fed cuts interest rates. Risk factors include non-cumulative dividends and a lower S&P rating than some of its peers. Synovus' net interest margin is higher than the median for comparison banks, supporting its investment appeal. Read the full article on Seeking Alphaお知らせ • Sep 04Synovus Financial Corp. Announces Quarterly Dividends, Payable on October 1, 2024The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on October 1, 2024, to shareholders of record as of September 19, 2024.新しいナラティブ • Aug 28Strategic Repositioning And Risk Management Will Fuel Sustainable Growth In Banking Sector Strategic focus on high-growth areas and analytics boosts potential revenue and earnings through business expansion and efficiency in conversion rates. Seeking Alpha • Jul 22Synovus Financial: Switching Preferred Shares On Better Yield OpportunitySummary Synovus Financial is facing challenges in a high interest rate environment, but its Series E preferred shares offer better opportunity than Series D. Synovus' second quarter earnings showed improvement in net interest income and margins, attributed to a unique securities re-positioning strategy. Risks to Synovus Financial include concentration of commercial real estate loans and potential impact on earnings from accelerated loan losses. Read the full article on Seeking AlphaPrice Target Changed • Jul 21Price target increased by 11% to US$48.56Up from US$43.88, the current price target is an average from 16 analysts. New target price is 7.7% above last closing price of US$45.09. Stock is up 39% over the past year. The company is forecast to post earnings per share of US$2.82 for next year compared to US$3.48 last year.Reported Earnings • Jul 18Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: US$0.096 loss per share (down from US$1.14 profit in 2Q 2023). Revenue: US$279.7m (down 47% from 2Q 2023). Net loss: US$14.0m (down 109% from profit in 2Q 2023). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Jul 10Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.04b to US$1.95b. EPS estimate also fell from US$3.77 per share to US$3.32 per share. Net income forecast to grow 20% next year vs 1.9% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$43.56. Share price was steady at US$40.69 over the past week.Seeking Alpha • Jul 09Sizing Up Synovus FinancialSummary Synovus Financial Corp. shares have been range bound in the high-30s after a rally in December 2023. The bank faces challenges such as declining credit metrics, regulatory burden, and deposit competition squeezing net interest margins. Recent insider buying, a 3.9% dividend yield and investment portfolio repositioning that may mark an inflection point for net interest margins merited further investigation. A full investment analysis follows in the paragraphs below. Read the full article on Seeking Alphaお知らせ • Jun 19Synovus Financial Corp. to Report Q2, 2024 Results on Jul 17, 2024Synovus Financial Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 17, 2024Upcoming Dividend • Jun 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.1%).Recent Insider Transactions • Jun 13Insider recently bought US$916k worth of stockOn the 7th of June, D. Akins bought around 25k shares on-market at roughly US$37.40 per share. This transaction increased D.'s direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$1.1m. Despite this recent purchase, insiders have collectively sold US$766k more in shares than they bought in the last 12 months.Recent Insider Transactions Derivative • Jun 10Insider notifies of intention to sell stockD. Akins intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of June. If the sale is conducted around the recent share price of US$37.38, it would amount to US$748k. Since March 2024, Akins has owned 40.64k shares directly. Company insiders have collectively bought US$415k more than they sold, via options and on-market transactions, in the last 12 months.Declared Dividend • Jun 06First quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 20th June 2024 Payment date: 1st July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Seeking Alpha • Jun 05Synovus Financial: Securities Portfolio Is Key To Improving ProfitabilitySummary Synovus Financial is facing challenges with total loan growth and declining total deposits, impacting profitability. The bank is implementing a strategy to reorganize its securities portfolio, reducing unrealized losses and improving average yield. The reorganization plan may result in a decline in net income in the short term but is expected to improve profitability in the medium term. Read the full article on Seeking Alphaお知らせ • Jun 05Synovus Financial Corp. Announces Quarterly Dividends, Payable on July 1, 2024The board of directors of Synovus Financial Corp. has declared quarterly dividend. 0.38 per share on the company’s common stock, payable on July 1, 2024, to shareholders of record as of June 20, 2024.Recent Insider Transactions • May 28Executive VP & CFO recently bought US$1.1m worth of stockOn the 21st of May, Andrew Gregory bought around 28k shares on-market at roughly US$40.03 per share. This transaction increased Andrew's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Andrew has been a buyer over the last 12 months, purchasing a net total of US$179k worth in shares.Reported Earnings • May 05First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$0.78 (down from US$1.33 in 1Q 2023). Revenue: US$483.8m (down 17% from 1Q 2023). Net income: US$114.8m (down 41% from 1Q 2023). Profit margin: 24% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 23Synovus Financial Corp., Annual General Meeting, Apr 24, 2024Synovus Financial Corp., Annual General Meeting, Apr 24, 2024, at 10:00 US Eastern Standard Time.Reported Earnings • Apr 19First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$0.78 (down from US$1.33 in 1Q 2023). Revenue: US$483.8m (down 17% from 1Q 2023). Net income: US$114.8m (down 41% from 1Q 2023). Profit margin: 24% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 04Synovus Introduces Accelerate Pay for Business PaymentsSynovus has launched AccelerateTM Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use of checks. The solution offers payees the freedom to choose how they want to get paid, with check payments and e-checks still an option. When payment types are added, Synovus clients can take advantage of new options without altering their systems, payment initiation workflow or reconcilement processes. In addition to helping Synovus clients eliminate check payments, Accelerate Pay offers: Hands-free payment origination and account reconciliation. Easy enterprise resource planning or accounting application integration with implementation in minutes or hours rather than weeks without the need for technology support. Built-in payment fraud mitigation.お知らせ • Mar 19Synovus Financial Corp. to Report Q1, 2024 Results on Apr 17, 2024Synovus Financial Corp. announced that they will report Q1, 2024 results After-Market on Apr 17, 2024Upcoming Dividend • Mar 13Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 20 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).Declared Dividend • Mar 07Fourth quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 20th March 2024 Payment date: 1st April 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (44% payout ratio) and is expected to be well covered in 3 years' time (38% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 05Synovus Announces Quarterly Dividends, Payable on April 1, 2024The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on April 1, 2024, to shareholders of record as of March 21, 2024.Seeking Alpha • Mar 04Synovus Financial: A Lot Of Income Options HereSummary Synovus Financial Corp. is a provider of commercial and consumer banking services in the United States. Despite the recent decline in net income, Synovus has a strong solvency profile, and its dividend has the potential for growth, making it a good addition to a dividend portfolio. Income investors may also be interested in the two preferreds offered by the company. Read the full article on Seeking AlphaReported Earnings • Feb 26Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.48 (down from US$4.99 in FY 2022). Revenue: US$2.03b (down 4.1% from FY 2022). Net income: US$507.8m (down 30% from FY 2022). Profit margin: 25% (down from 34% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.21% (down from 3.32% in FY 2022). Cost-to-income ratio: 54.9% (up from 52.2% in FY 2022). Non-performing loans: 0.66% (up from 0.29% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Recent Insider Transactions Derivative • Feb 23CEO, President & Chairman exercised options and sold US$845k worth of stockOn the 18th of February, Kevin Blair exercised options to acquire 23k shares at no cost and sold these for an average price of US$36.72 per share. This trade did not impact their existing holding. For the year to December 2017, Kevin's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Kevin has owned 86.94k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Jan 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.48 (down from US$4.99 in FY 2022). Revenue: US$2.03b (down 4.2% from FY 2022). Net income: US$507.8m (down 30% from FY 2022). Profit margin: 25% (down from 34% in FY 2022). The decrease in margin was primarily driven by higher expenses. Cost-to-income ratio: 54.9% (up from 52.2% in FY 2022). Non-performing loans: 0.66% (up from 0.29% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Price Target Changed • Jan 14Price target increased by 8.8% to US$41.53Up from US$38.16, the current price target is an average from 16 analysts. New target price is 15% above last closing price of US$36.02. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of US$3.36 for next year compared to US$4.99 last year.Price Target Changed • Jan 10Price target increased by 7.8% to US$40.47Up from US$37.53, the current price target is an average from 16 analysts. New target price is 9.7% above last closing price of US$36.88. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of US$3.36 for next year compared to US$4.99 last year.お知らせ • Dec 19Synovus Financial Corp. to Report Q4, 2023 Results on Jan 17, 2024Synovus Financial Corp. announced that they will report Q4, 2023 results After-Market on Jan 17, 2024Upcoming Dividend • Dec 13Upcoming dividend of US$0.38 per share at 4.3% yieldEligible shareholders must have bought the stock before 20 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.4%).Price Target Changed • Dec 12Price target increased by 8.6% to US$35.73Up from US$32.90, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of US$35.48. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of US$3.37 for next year compared to US$4.99 last year.Recent Insider Transactions • Dec 11Executive VP & General Counsel recently sold US$676k worth of stockOn the 7th of December, Allan Kamensky sold around 19k shares on-market at roughly US$35.01 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$271k more than they bought in the last 12 months.株主還元SNVUS BanksUS 市場7D-5.1%2.4%1.1%1Y-3.6%22.3%28.7%株主還元を見る業界別リターン: SNV過去 1 年間で22.3 % の収益を上げたUS Banks業界を下回りました。リターン対市場: SNVは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is SNV's price volatile compared to industry and market?SNV volatilitySNV Average Weekly Movement4.2%Banks Industry Average Movement3.4%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: SNV 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: SNVの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト18884,847Kevin Blairwww.synovus.comシノバス・ファイナンシャル・コーポレーションはシノバス・バンクの銀行持株会社として、米国で商業および消費者向け銀行商品・サービスを提供している。4つのセグメントで事業展開：ホールセール・バンキング、コミュニティ・バンキング、コンシューマー・バンキング、ファイナンシャル・マネジメント・サービス。商業、金融、不動産融資、財務管理、資産管理、資本市場サービス、機関信託サービスなどの商業銀行業務、一般的な要求払い・貯蓄預金口座、住宅ローン、割賦、その他消費者ローン、投資・仲介サービス、貸金庫サービス、自動化銀行業務、自動資金振替、インターネット・バンキング・サービス、銀行クレジットカード・デビットカード・サービスなどの消費者銀行業務を提供している。また、債券証券投資銀行業務のポートフォリオ管理、ブローカー／ディーラーとしての証券取引の執行、株式その他の証券に関する個人投資アドバイスの提供、ファイナンシャル・プランニング・サービスも行っている。同社は1888年に設立され、ジョージア州コロンバスに本社を置く。もっと見るSynovus Financial Corp. 基礎のまとめSynovus Financial の収益と売上を時価総額と比較するとどうか。SNV 基礎統計学時価総額US$6.95b収益（TTM）US$754.45m売上高(TTM)US$2.29b9.2xPER（株価収益率1.3xPBR（株価純資産倍率SNV は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SNV 損益計算書（TTM）収益US$2.29b売上原価US$0売上総利益US$2.29bその他の費用US$1.54b収益US$754.45m直近の収益報告Sep 30, 2025次回決算日Jan 21, 2026一株当たり利益（EPS）5.43グロス・マージン100.00%純利益率32.92%有利子負債／自己資本比率54.7%SNV の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.1%現在の配当利回り29%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/01/03 19:24終値2025/12/31 00:00収益2025/09/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Synovus Financial Corp. 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。20 アナリスト機関David GeorgeBairdJared David ShawBarclaysJason GoldbergBarclays17 その他のアナリストを表示
お知らせ • Jan 03+ 5 more updatesSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value IndexSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value Index
お知らせ • Jan 02+ 1 more updateSynovus Financial Corp. Announces Cessation of Directors and Executive OfficersThis Current Report on Form 8-K is being filed in connection with the closing on January 1, 2026 (the “Closing Date”) of the previously announced Merger contemplated by the Agreement and Plan of Merger, dated as of July 24, 2025 (the “Merger Agreement”), by and among Synovus Financial Corp., a Georgia corporation (“Synovus”), Pinnacle Financial Partners Inc., a Tennessee corporation (“Pinnacle”), and Steel Newco Inc., a Georgia corporation (“Newco”). Pursuant to the Merger Agreement, on the Closing Date, each of Synovus and Pinnacle merged with and into Newco simultaneously, with Newco as the surviving entity (such mergers, collectively, the “Merger”). In connection with the closing of the Merger, Newco changed its name from Steel Newco Inc. to Pinnacle Financial Partners Inc. Upon completion of the Merger, the separate corporate existence of each of Synovus and Pinnacle ceased, and Newco became the parent holding company for the combined organization. The headquarters for Newco is located in Atlanta, Georgia. At the Effective Time, all directors and executive officers of Synovus ceased to serve in such capacities.
ナラティブの更新 • Dec 18SNV: Merger Execution And Rate Cuts Will Shape Outlook Into 2027Analysts have modestly raised their fair value estimate for Synovus Financial to about $57.21 per share from roughly $56.29. This reflects slightly higher projected revenue growth, improved profit margins, and a still-supportive future earnings multiple, even as Street price targets edge lower amid merger execution and interest rate concerns.
お知らせ • Dec 17Synovus Financial Corp. to Report Q4, 2025 Results on Jan 21, 2026Synovus Financial Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026
Recent Insider Transactions Derivative • Dec 16Insider exercised options to buy US$1.1m worth of stock.On the 11th of December, Kevin Howard exercised 26.57k options to receive shares at no cost, then sold around 6.18k of them at US$52.65 each and kept the remainder. Since March 2025, Kevin's direct individual holding has decreased from 59.54k shares to 58.94k. Company insiders have collectively bought US$5.1m more than they sold, via options and on-market transactions, in the last 12 months.
Declared Dividend • Dec 08Third quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th December 2025 Payment date: 24th December 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 03+ 5 more updatesSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value IndexSynovus Financial Corp.(NYSE:SNV) dropped from Russell Midcap Value Index
お知らせ • Jan 02+ 1 more updateSynovus Financial Corp. Announces Cessation of Directors and Executive OfficersThis Current Report on Form 8-K is being filed in connection with the closing on January 1, 2026 (the “Closing Date”) of the previously announced Merger contemplated by the Agreement and Plan of Merger, dated as of July 24, 2025 (the “Merger Agreement”), by and among Synovus Financial Corp., a Georgia corporation (“Synovus”), Pinnacle Financial Partners Inc., a Tennessee corporation (“Pinnacle”), and Steel Newco Inc., a Georgia corporation (“Newco”). Pursuant to the Merger Agreement, on the Closing Date, each of Synovus and Pinnacle merged with and into Newco simultaneously, with Newco as the surviving entity (such mergers, collectively, the “Merger”). In connection with the closing of the Merger, Newco changed its name from Steel Newco Inc. to Pinnacle Financial Partners Inc. Upon completion of the Merger, the separate corporate existence of each of Synovus and Pinnacle ceased, and Newco became the parent holding company for the combined organization. The headquarters for Newco is located in Atlanta, Georgia. At the Effective Time, all directors and executive officers of Synovus ceased to serve in such capacities.
ナラティブの更新 • Dec 18SNV: Merger Execution And Rate Cuts Will Shape Outlook Into 2027Analysts have modestly raised their fair value estimate for Synovus Financial to about $57.21 per share from roughly $56.29. This reflects slightly higher projected revenue growth, improved profit margins, and a still-supportive future earnings multiple, even as Street price targets edge lower amid merger execution and interest rate concerns.
お知らせ • Dec 17Synovus Financial Corp. to Report Q4, 2025 Results on Jan 21, 2026Synovus Financial Corp. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 21, 2026
Recent Insider Transactions Derivative • Dec 16Insider exercised options to buy US$1.1m worth of stock.On the 11th of December, Kevin Howard exercised 26.57k options to receive shares at no cost, then sold around 6.18k of them at US$52.65 each and kept the remainder. Since March 2025, Kevin's direct individual holding has decreased from 59.54k shares to 58.94k. Company insiders have collectively bought US$5.1m more than they sold, via options and on-market transactions, in the last 12 months.
Declared Dividend • Dec 08Third quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th December 2025 Payment date: 24th December 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 05Synovus Financial Corp. Declares Quarterly Dividend, Payable on December 24, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on December 24, 2025, to shareholders of record as of December 18, 2025.
ナラティブの更新 • Dec 04SNV: Pending Merger Will Drive Upside As Integration Advances Beyond 2026Analysts have nudged their Synovus Financial price target slightly higher to reflect a modest uptick in modeled fair value to about $56.29, even as they factor in recent Street target cuts in the $49 to $62 range. These cuts highlight near term merger execution risks and rate related headwinds alongside solid core fundamentals.
お知らせ • Dec 03Pinnacle Financial Partners and Synovus Financial Corp. Announce New Board and Executive Appointments Following MergerPinnacle Financial Partners and Synovus Financial Corp. announced the composition of the board of directors for the combined company, which will include eight Pinnacle and seven Synovus directors, with six independent directors from each company. Terry Turner will serve as non-executive chair, and Tim Bentsen, Synovus director, will serve as lead director. Rob McCabe will serve as vice chair. The full list of directors is as anticipated as follows: Terry Turner, chair (Pinnacle); Kevin Blair, president and CEO (Synovus); Tim Bentsen, lead director (Synovus); Rob McCabe, vice chair (Pinnacle); Abney Boxley (Pinnacle); Gregory Burns (Pinnacle); Pedro Cherry (Synovus); Thomas Farnsworth (Pinnacle); David Ingram (Pinnacle); John Irby (Synovus); Decosta Jenkins (Pinnacle); Gregory Montana (Synovus); Barry Storey (Synovus); G. Kennedy Thompson (Pinnacle); Teresa White (Synovus). The merger has been approved by the boards of both companies and received shareholder and federal and state bank regulatory approvals. The deal is expected to close January 1, 2026, with full integration anticipated by 2027. Synovus locations will continue operating under that brand through 2026.
お知らせ • Nov 26Pinnacle and Synovus Receive Federal Bank Regulatory Approval to CombineThe proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on November 6, 2025, Pinnacle and Synovus anticipate completing the merger Jan. 1, 2026, subject to satisfaction of the remaining customary closing conditions. Integration teams are working closely together toward closing with clear plans for how the firm will operate on Day One, while also building the blueprint for integration. Throughout 2026, team members will work to bring systems, processes and people under the Pinnacle brand. Full system and brand conversions are expected to take place in the first half of 2027. Until then, clients at both firms should see very little change in their day-to-day business, and Synovus locations will continue to operate under the Synovus brand.
ナラティブの更新 • Nov 20SNV: Pending Merger Will Unlock Shareholder Upside Despite Market CautionAnalysts have slightly increased their fair value estimate for Synovus Financial, raising the target by approximately $0.43 to $56.14 as ongoing merger developments and updated revenue expectations continue to influence outlooks. Analyst Commentary Recent analyst research reveals a mix of optimism and ongoing caution as Synovus Financial navigates its pending merger and evolves its financial outlook.
ナラティブの更新 • Nov 06SNV: Future Merger Will Drive Shareholder Momentum Despite Recent DowngradesSynovus Financial’s analyst-derived fair value estimate has been revised downward by $0.71 to $55.71 per share. Analysts cite cautious sentiment related to the company’s pending merger and updated revenue outlooks.
お知らせ • Oct 29Synovus Financial Corp. Announces Retirement of Nelson Bean as Division CEO of Synovus in BirminghamThe time was right this summer for Synovus Financial Corp. to make a deal. Now, the bank's longtime Birmingham leader is planning to pass the torch to a new executive roster soon. Nelson Bean, division CEO of Synovus in Birmingham, is planning to retire this year. Bean has been a leader with Synovus for decades. Born and raised in Birmingham, Bean graduated from Vanderbilt University in 1983. He joined Third National Bank in Nashville in 1983. Third National Bank was later acquired by SunTrust. Bean moved home and joined First Commercial Bank in 1988 as a vice president of commercial banking. First Commercial Bank merged with Synovus Financial Corp. in 1992. Bean was named president of First Commercial Bank in 2003. Bean assumed regional responsibilities for Synovus in 2009. Bean is also a board member of United Way of Central Alabama and Freshwater Land Trust and has been president of Kiwanis Club of Birmingham, among various other civic and nonprofit leadership roles. Bean said he isn't interested in any future banking opportunities outside of the bank he worked in for 40 years - but he's not ruling out other opportunities.
ナラティブの更新 • Oct 23Analysts Adjust Synovus Financial Outlook Amid Pinnacle Merger and Updated Valuation ForecastsAnalysts have modestly reduced their price target for Synovus Financial, lowering the fair value estimate by approximately $1.36 to reflect updated revenue growth assumptions, a slightly lower discount rate, and the impact of the pending Pinnacle merger. Analyst Commentary Recent updates from Street analysts reflect a shifting outlook for Synovus Financial amid the pending merger with Pinnacle Financial.
Reported Earnings • Oct 16Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: US$1.42 (up from US$1.19 in 3Q 2024). Revenue: US$593.7m (up 9.7% from 3Q 2024). Net income: US$197.0m (up 16% from 3Q 2024). Profit margin: 33% (up from 31% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
ナラティブの更新 • Oct 08Sun Belt Expansion And Digital Banking Will Shape Future ProspectsSynovus Financial's analyst price target has been lowered modestly from $58.86 to $57.79. Analysts cite more conservative growth projections, slight increases in discount rates, and tempered profit margin expectations following recent model updates and broader industry adjustments.
お知らせ • Sep 16Synovus Financial Corp. to Report Q3, 2025 Results on Oct 15, 2025Synovus Financial Corp. announced that they will report Q3, 2025 results After-Market on Oct 15, 2025
Declared Dividend • Sep 08Second quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th September 2025 Payment date: 1st October 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (29% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Seeking Alpha • Sep 08Synovus Financial: Series E Preferred Is Locked Into 7.8% Yield Until 2029Summary Synovus Financial's Series E preferred shares offer a fixed 7.8% yield until 2029, providing a strong hedge against falling interest rates for income investors. The bank's Q2 results showed improved net interest margin and loan growth, but deposit losses and higher external financing pose future earnings risks. Synovus' allowance for credit losses is below industry average, which could pressure earnings if nonperforming assets rise again. I recommend avoiding Synovus common shares due to merger uncertainty, but the Series E preferred shares remain attractive for their stability and yield. Read the full article on Seeking Alpha
ナラティブの更新 • Sep 05Sun Belt Expansion And Digital Banking Will Shape Future ProspectsAnalysts modestly raised Synovus Financial’s consensus price target to $58.86 as improved net interest income, loan growth, disciplined cost control, and optimism on credit quality outweighed merger-related downgrades, reflecting a slightly higher fair value. Analyst Commentary Bearish analysts lowered price targets and downgraded Synovus following the announced merger with Pinnacle Financial, reflecting updated valuations based on the exchange ratio and Pinnacle’s price target.
お知らせ • Sep 04Synovus Financial Corp. Declares the Quarterly Dividend on the Company’s Common Stock, Payable on Oct. 1, 2025The board of directors of Synovus Financial Corp. declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on Oct. 1, 2025, to shareholders of record as of Sept. 18, 2025.
お知らせ • Aug 22Pinnacle Financial Partners, Inc. and Synovus Financial Corp. Announces Executive Leadership Team for Combined CompanyPinnacle Financial Partners, Inc. and Synovus Financial Corp. have named the combined company’s expected executive leadership team in the next step to bringing together two of the top-performing regional banks. The merger between Pinnacle and Synovus is expected to close in the first quarter of 2026, at which time President and CEO Kevin Blair will be joined by an experienced team of leaders that draws from the best of both institutions. Upon closing, this team is expected to lead the firm’s most critical corporate functions to drive transformative growth, ignite innovation and shape the future of the combined company under the Pinnacle brand. Rob McCabe, Chief Banking Officer. Jamie Gregory, Chief Financial Officer. Zack Bishop, Chief Operating Officer. Shellie Creson, Chief Risk Officer. Allan Kamensky, Chief Legal Officer. Matt Paluch, Chief of Staff to Kevin Blair. Dana Sanders, Chief Audit Executive. Charissa Sumerlin, Chief Credit Officer. Jennifer Upshaw, Chief Administrative Officer. Liz Wolverton, Chief Digital and Product Solutions Officer. Summer Yeiser, Chief People Officer. Reporting to Blair, McCabe will lead revenue-producing units for the combined firm, including the previously announced geographic leaders and the team tasked with delivering exceptional service and advice to clients across the firm’s footprint while maintaining local relationship management and a geographic model. Wayne Akins – Wealth management, including trust and investment solutions; mortgage; and third-party payments. Rick Arthur – Consumer and small business banking, including specialty deposit offerings. Kevin Combs – Franchise; quick service restaurant; solar and alternative energy; and convenience and gas Industries. Tom Dierdorff – Banking and advisory solutions to financial institutions; technology, media and communications; and healthcare industries. Kris Foster – Equipment and aircraft finance; dealer industry banking. · Mike Hammontree – Commercial payments products and programs, including treasury management, merchant card services, international trade services and foreign exchange. Kevin Howard – Institutional commercial real estate lending, structured lending, government banking, senior housing and other specialty banking services. Andy Moats – Music, entertainment and sports banking. Dan Stubblefield– Organizational performance optimization. Upon closing, Pinnacle President and CEO Terry Turner will become non-executive chairman of the board of directors of Pinnacle with McCabe serving as vice chairman, ensuring a smooth transition. Their continued leadership of the combined company forms a deep connection to Pinnacle’s founding and the model that has made it one of the most highly regarded banks and bank stocks in the country. Both firms have established Integration Management Office teams to coordinate decisions and align priorities to build a strong, unified organization upon closing of the transaction. Upshaw and Arthur will lead these efforts for Synovus and Pinnacle, respectively, engaging teams from across both organizations to identify and execute top integration planning priorities.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$49.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Banks industry in the US. Total returns to shareholders of 40% over the past three years.
お知らせ • Jul 25Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion.Pinnacle Financial Partners, Inc. (NasdaqGS:PNFP) entered into a definitive agreement to acquire Synovus Financial Corp. (NYSE:SNV) for $7.8 billion on July 24, 2025. The all-stock consideration represent a exchange ratio of 0.5237 per common equity of Synovus Financial Corp. This exchange ratio represents a Synovus per share value of $61.18. Synovus shareholders will own approximately 48.5% and Pinnacle shareholders will own approximately 51.5% of the combined company. The transaction is expected to be tax-free to shareholders of both companies. Buy side and sell side termination fee is $425 million. The combined company, which will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand, will be led by a highly experienced team with a shared growth mindset. Kevin Blair will serve as President and Chief Executive Officer, Terry Turner will serve as Chairman of the Board of Directors, Jamie Gregory will serve as Chief Financial Officer, and Rob McCabe will become Vice Chairman and Chief Banking Officer of the combined company. The transaction is subject to approval by regulatory board / committee, approval of merger agreement Pinnacle and Synovus shareholders and board, authorization for listing on the New York Stock Exchange of the shares of Newco Common Stock and Newco Preferred Stock, effectiveness of the registration statement on Form S-4 and the satisfaction of other customary closing conditions. The deal has been unanimously approved by the board of directors of both Synovus and Pinnacle. The expected completion of the transaction is first quarter of 2026. Centerview Partners LLC acted as financial advisor for Pinnacle Financial Partners, Inc. H. Rodgin Cohen and Mitchell S. Eitel of Sullivan & Cromwell LLP and Bass, Berry & Sims, PLC, acted as legal advisor for Pinnacle Financial Partners, Inc. Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Partners, Inc. Morgan Stanley & Co. LLC acted as financial advisor for Synovus Financial Corp. Edward D. Herlihy and Brandon C. Price of Wachtell, Lipton, Rosen & Katz LLP acted as legal advisor for Synovus Financial Corp. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Synovus Financial Corp. Sullivan & Cromwell LLP has been assisted by Bass, Berry & Sims, PLC in the transaction.
お知らせ • Jul 23Synovus Reportedly Weighs Potential Merger After Drawing Takeover InterestSynovus Financial Corp. (NYSE:SNV), a regional bank in the southeastern US, is weighing options including a potential merger after drawing interest, people familiar with the matter said. The Columbus, Georgia-based bank is working with a financial adviser and has recently held merger talks with at least one rival, according to the people, who asked not to be identified because the details aren’t public. Shares in Synovus rose as much as 10% on July 22, 2025. The stock was up 6.4% at 2:27 p.m. in New York, giving the company a market value of about $8.2 billion. Deliberations are ongoing and there’s no certainty that Synovus will decide to pursue a transaction, the people said. A representative for Synovus didn’t respond to requests for comment.
Price Target Changed • Jul 18Price target increased by 9.5% to US$62.82Up from US$57.39, the current price target is an average from 19 analysts. New target price is 13% above last closing price of US$55.74. Stock is up 24% over the past year. The company is forecast to post earnings per share of US$5.50 for next year compared to US$3.05 last year.
Reported Earnings • Jul 17Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.49 (up from US$0.16 loss in 2Q 2024). Revenue: US$590.5m (up 111% from 2Q 2024). Net income: US$206.3m (up US$230.1m from 2Q 2024). Profit margin: 35% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
お知らせ • Jul 17Synovus Financial Corp. Announces Net Charge Off for the Second Quarter Ended June 30, 2025Synovus Financial Corp. announced net charge off for the second quarter ended June 30, 2025. For the quarter, the company announced the net charge-off of $18,301,000 as compared to $21,366,000 in the previous quarter. The net -charge off ratio is of 0.17%, down from 0.20% in the prior quarter.
お知らせ • Jun 17Synovus Financial Corp. to Report Q2, 2025 Results on Jul 17, 2025Synovus Financial Corp. announced that they will report Q2, 2025 results at 8:30 AM, US Eastern Standard Time on Jul 17, 2025
Declared Dividend • Jun 06First quarter dividend of US$0.39 announcedShareholders will receive a dividend of US$0.39. Ex-date: 18th June 2025 Payment date: 1st July 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (43% payout ratio) and is expected to be well covered in 3 years' time (29% forecast payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 57% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 04Synovus Financial Corp. Declares Quarterly Dividend, Payable on July 1, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividends of $0.39 per share on the company’s common stock, payable on July 1, 2025, to shareholders of record as of June 19, 2025.
Seeking Alpha • Apr 20Synovus: Improving Credit Dynamics Create An Opportunity (Rating Upgrade)Summary Synovus shares have dropped 30% from highs despite strong Q1 results, creating a potential buying opportunity. Q1 earnings of $1.30 beat estimates by $0.18, driven by a 6% revenue growth and improved credit quality. Synovus has a solid deposit mix and loan portfolio, with a focus on business lending and reduced CRE exposure. Shares are attractively valued at 8.5x earnings, with potential upside to $48, making it a compelling "buy the dip" opportunity. Read the full article on Seeking Alpha
Reported Earnings • Apr 17First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: US$1.39 (up from US$0.78 in 1Q 2024). Revenue: US$559.9m (up 16% from 1Q 2024). Net income: US$195.0m (up 70% from 1Q 2024). Profit margin: 35% (up from 24% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$40.10, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Banks industry in the US. Negligible returns to shareholders over past three years.
お知らせ • Mar 17Synovus Financial Corp. to Report Q1, 2025 Results on Apr 16, 2025Synovus Financial Corp. announced that they will report Q1, 2025 results After-Market on Apr 16, 2025
お知らせ • Mar 13Synovus Financial Corp., Annual General Meeting, Apr 24, 2025Synovus Financial Corp., Annual General Meeting, Apr 24, 2025.
Declared Dividend • Mar 06Fourth quarter dividend increased to US$0.39Dividend of US$0.39 is 2.6% higher than last year. Ex-date: 20th March 2025 Payment date: 1st April 2025 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by earnings (50% payout ratio) and is expected to be well covered in 3 years' time (28% forecast payout ratio). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 86% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 04Synovus Financial Corp. Declares Quarterly Dividend, Payable on April 1, 2025The board of directors of Synovus Financial Corp. has declared the quarterly dividend of $0.39 per share on the company’s common stock, payable on April 1, 2025, to shareholders of record as of March 20, 2025.
Reported Earnings • Feb 24Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.05 (down from US$3.48 in FY 2023). Revenue: US$1.85b (down 8.8% from FY 2023). Net income: US$439.6m (down 13% from FY 2023). Profit margin: 24% (down from 25% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.19% (down from 3.21% in FY 2023). Cost-to-income ratio: 54.3% (down from 54.9% in FY 2023). Non-performing loans: 0.73% (up from 0.66% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Seeking Alpha • Feb 16Synovus Financial: A Beneficiary Of Banking Deregulation Under TrumpSummary Synovus Financial Corp. is poised to benefit from potential deregulation under Trump, reducing compliance costs and enhancing growth opportunities. Deregulation could lower regulatory expenses, allowing Synovus to allocate more capital towards loan growth and shareholder returns. A favorable M&A environment could enable Synovus to capitalize on consolidation opportunities, strengthening its balance sheet and market position. Synovus's current valuation and positive technical momentum suggest significant upside potential, making it an attractive investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Jan 29Synovus: Fair Valuation Given Strong Deposits, But Credit Risk ExistsSummary Synovus Financial has seen a strong 38% gain over the past year, driven by optimism in the regulatory environment and improved net charge-offs. The bank's credit experience outperformed expectations, enabling capital build-up, share repurchases, and securities portfolio repositioning to enhance yield. Despite higher nonperforming loans, Synovus' stable deposit growth and net interest margin expansion support a hold rating with an 8% total return opportunity. Read the full article on Seeking Alpha
Reported Earnings • Jan 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$3.05 (down from US$3.48 in FY 2023). Revenue: US$1.85b (down 8.9% from FY 2023). Net income: US$439.6m (down 13% from FY 2023). Profit margin: 24% (down from 25% in FY 2023). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 3.19% (down from 3.21% in FY 2023). Cost-to-income ratio: 54.3% (down from 54.9% in FY 2023). Non-performing loans: 0.73% (up from 0.66% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Jan 13Synovus Financial Corp. Appoints Katie Webb as Chief Consumer Digital and Client Experience OfficerSynovus Financial Corp. announced that it has appointed Katie Webb as its chief consumer digital and client experience officer. In her new role, Webb will lead the consumer digital strategy, focusing on enhancing the client experience through strategic integration of physical and digital channels. She will drive the development of new digital capabilities and innovative experiences to meet the evolving needs of its clients. Webb will report to Liz Wolverton, executive vice president, head of consumer banking and brand experience. Webb, who has more than 15 years of experience in sales, marketing and digital within the financial services industry, was most recently with Aflac where she served as the vice president of digital product and experience, leading digital innovation and transformation.
お知らせ • Jan 06Synovus Financial Corp. Appoints Jim Vaughn as Chattanooga Market ExecutiveSynovus Financial Corp. has named Jim Vaughn as its Chattanooga market executive. He joins Synovus from Mauldin & Jenkins. Vaughn will lead the company's Chattanooga banking teams in delivering financial solutions for clients while driving business development and growth and supporting community outreach initiatives. He will report to Bill Davies, market executive for northwest Georgia at Synovus. Before joining Synovus, Vaughn was a partner at Mauldin & Jenkins, where he worked for 25 years. He held various leadership roles at the accounting firm, including leading its financial services practice and serving on its executive, advisory, leadership and career advisory committees. Vaughn provided advisory and CPA services to financial institutions, nonprofits, hedge funds, transportation companies, and other Tennessee small- and medium-sized businesses. Vaughn is involved in the Chattanooga community, serving as chairman of the Cherokee Area Council of the Boy Scouts of America Board of Directors and of the Rollins College of Business Advisory Board. He earned a bachelor’s in business administration in accounting and finance from Georgia Southern University.
お知らせ • Dec 19Synovus Financial Corp. Announces Election of Greg Montana to its Board of Directors, Effective January 1, 2025Synovus Financial Corp. has appointed Greg Montana, former executive vice president and chief risk officer of Fidelity National Information Services Inc., to its board of directors, effective January 1, 2025. He will serve on the audit and risk committees. This appointment increases the Synovus board to 12 directors. Montana retired from FIS in April 2023. During his 11-year tenure with the company, he led teams of risk, security and compliance professionals. The teams managed and mitigated risks related to cybersecurity; operations; credit; compliance; regulatory; environmental, social and governance; business continuity; crisis management; third party and fraud for all business segments, including banking, payments and capital markets. Montana has more than 25 years of leadership and risk management experience, having served in roles at Bank of America, PayPal, Lloyds Banking Group, Deloitte Consulting and JPMorganChase. Montana is a certified chief information security officer and former board member of the Internet Security Alliance and the Financial Services Information Sharing and Analysis Center Sheltered Harbor organization. He serves on the board of directors for United Way of Northeast Florida and is an active member and former board chair of Jacksonville Catholic Charities. Montana earned an MBA from the Wharton School of the University of Pennsylvania and a bachelor’s degree from Boston College.
お知らせ • Dec 18Synovus Financial Corp. to Report Q4, 2024 Results on Jan 15, 2025Synovus Financial Corp. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 15, 2025
Declared Dividend • Dec 06Third quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 19th December 2024 Payment date: 2nd January 2025 Dividend yield will be 2.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (69% payout ratio) and is expected to be covered in 3 years' time (32% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 84% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 04Synovus Financial Corp. Announces Quarterly Dividends, Payable on Jan. 2, 2025The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on Jan. 2, 2025, to shareholders of record as of Dec. 19, 2024.
Recent Insider Transactions • Dec 03Insider recently sold US$914k worth of stockOn the 27th of November, Kevin Howard sold around 16k shares on-market at roughly US$58.02 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months.
Seeking Alpha • Dec 03Synovus Financial: Series E Dividends Provide Best Yield Despite Premium PriceSummary Synovus Financial is managing interest rate volatility well, with net interest income growing despite no loan growth and increasing long-term debt. The Series E preferred shares are more attractive due to their fixed rate until 2029, offering stability amid projected rate cuts. Risks to the bank include high exposure to nonowner occupied commercial real estate and nonaccrual loans, potentially impacting future earnings. Despite trading at a premium, Series E preferred shares are a strong option for income investors, with dividends in little to no danger. Read the full article on Seeking Alpha
お知らせ • Nov 13Synovus Financial Corp. Announces Executive Changes, Effective March 31, 2025Synovus Financial Corp. has named Anne Fortner, senior vice president and deputy chief credit officer, as executive vice president, chief credit officer, effective March 31, 2025. Fortner will succeed Bob Derrick, who has served as chief credit officer since 2019 and will retire after more than 20 years at Synovus. She will report to Shellie Creson, executive vice president, chief risk officer. Fortner will establish and advance credit organization initiatives and objectives in support of the enterprise strategy while ensuring that Synovus stays on top of trends and market conditions to guide credit practices. She will oversee the asset quality of the balance sheet, implement the administration of loan policy and governance processes, and direct the monitoring and measuring of credit risk through analytics, thresholds and limits to maintain credit risk within appetite. Derrick will remain in his role until March 31, 2025, and will work with Fortner, Creson and others to support the transition. In her 17 years with Synovus, Fortner has served in various roles, including executive director of credit risk management and leading credit for the wholesale bank. Prior to joining the company, she served in several commercial banking capacities with SouthTrust Bank and its successor, Wachovia. She earned her bachelor's degree in business administration from the University of Alabama.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$58.73, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Banks industry in the US. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$115 per share.
Price Target Changed • Oct 18Price target increased by 8.3% to US$53.74Up from US$49.61, the current price target is an average from 17 analysts. New target price is 6.3% above last closing price of US$50.55. Stock is up 98% over the past year. The company is forecast to post earnings per share of US$2.91 for next year compared to US$3.48 last year.
Reported Earnings • Oct 17Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.27 (up from US$0.60 in 3Q 2023). Revenue: US$541.3m (up 13% from 3Q 2023). Net income: US$181.6m (up 108% from 3Q 2023). Profit margin: 34% (up from 18% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Declared Dividend • Sep 06Second quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 19th September 2024 Payment date: 1st October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio). However, the dividend is expected to be well covered in 3 years' time (32% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 3.2% to bring the payout ratio under control. EPS is expected to grow by 204% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Seeking Alpha • Sep 05Synovus Financial Preferred Attractive After Rate ResetSummary Synovus Financial Fixed-Rate Reset Non-Cumulative Preferred E offers an 8.507% coupon after resetting, with the next call date and dividend reset in July 2029. Comparative analysis shows it will likely yield higher than the D series and other regional banks' preferreds after the Fed cuts interest rates. Risk factors include non-cumulative dividends and a lower S&P rating than some of its peers. Synovus' net interest margin is higher than the median for comparison banks, supporting its investment appeal. Read the full article on Seeking Alpha
お知らせ • Sep 04Synovus Financial Corp. Announces Quarterly Dividends, Payable on October 1, 2024The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on October 1, 2024, to shareholders of record as of September 19, 2024.
新しいナラティブ • Aug 28Strategic Repositioning And Risk Management Will Fuel Sustainable Growth In Banking Sector Strategic focus on high-growth areas and analytics boosts potential revenue and earnings through business expansion and efficiency in conversion rates.
Seeking Alpha • Jul 22Synovus Financial: Switching Preferred Shares On Better Yield OpportunitySummary Synovus Financial is facing challenges in a high interest rate environment, but its Series E preferred shares offer better opportunity than Series D. Synovus' second quarter earnings showed improvement in net interest income and margins, attributed to a unique securities re-positioning strategy. Risks to Synovus Financial include concentration of commercial real estate loans and potential impact on earnings from accelerated loan losses. Read the full article on Seeking Alpha
Price Target Changed • Jul 21Price target increased by 11% to US$48.56Up from US$43.88, the current price target is an average from 16 analysts. New target price is 7.7% above last closing price of US$45.09. Stock is up 39% over the past year. The company is forecast to post earnings per share of US$2.82 for next year compared to US$3.48 last year.
Reported Earnings • Jul 18Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: US$0.096 loss per share (down from US$1.14 profit in 2Q 2023). Revenue: US$279.7m (down 47% from 2Q 2023). Net loss: US$14.0m (down 109% from profit in 2Q 2023). Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Jul 10Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$2.04b to US$1.95b. EPS estimate also fell from US$3.77 per share to US$3.32 per share. Net income forecast to grow 20% next year vs 1.9% growth forecast for Banks industry in the US. Consensus price target broadly unchanged at US$43.56. Share price was steady at US$40.69 over the past week.
Seeking Alpha • Jul 09Sizing Up Synovus FinancialSummary Synovus Financial Corp. shares have been range bound in the high-30s after a rally in December 2023. The bank faces challenges such as declining credit metrics, regulatory burden, and deposit competition squeezing net interest margins. Recent insider buying, a 3.9% dividend yield and investment portfolio repositioning that may mark an inflection point for net interest margins merited further investigation. A full investment analysis follows in the paragraphs below. Read the full article on Seeking Alpha
お知らせ • Jun 19Synovus Financial Corp. to Report Q2, 2024 Results on Jul 17, 2024Synovus Financial Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 17, 2024
Upcoming Dividend • Jun 16Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.1%).
Recent Insider Transactions • Jun 13Insider recently bought US$916k worth of stockOn the 7th of June, D. Akins bought around 25k shares on-market at roughly US$37.40 per share. This transaction increased D.'s direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$1.1m. Despite this recent purchase, insiders have collectively sold US$766k more in shares than they bought in the last 12 months.
Recent Insider Transactions Derivative • Jun 10Insider notifies of intention to sell stockD. Akins intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of June. If the sale is conducted around the recent share price of US$37.38, it would amount to US$748k. Since March 2024, Akins has owned 40.64k shares directly. Company insiders have collectively bought US$415k more than they sold, via options and on-market transactions, in the last 12 months.
Declared Dividend • Jun 06First quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 20th June 2024 Payment date: 1st July 2024 Dividend yield will be 4.1%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (52% payout ratio) and is expected to be covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 72% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Seeking Alpha • Jun 05Synovus Financial: Securities Portfolio Is Key To Improving ProfitabilitySummary Synovus Financial is facing challenges with total loan growth and declining total deposits, impacting profitability. The bank is implementing a strategy to reorganize its securities portfolio, reducing unrealized losses and improving average yield. The reorganization plan may result in a decline in net income in the short term but is expected to improve profitability in the medium term. Read the full article on Seeking Alpha
お知らせ • Jun 05Synovus Financial Corp. Announces Quarterly Dividends, Payable on July 1, 2024The board of directors of Synovus Financial Corp. has declared quarterly dividend. 0.38 per share on the company’s common stock, payable on July 1, 2024, to shareholders of record as of June 20, 2024.
Recent Insider Transactions • May 28Executive VP & CFO recently bought US$1.1m worth of stockOn the 21st of May, Andrew Gregory bought around 28k shares on-market at roughly US$40.03 per share. This transaction increased Andrew's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Andrew has been a buyer over the last 12 months, purchasing a net total of US$179k worth in shares.
Reported Earnings • May 05First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$0.78 (down from US$1.33 in 1Q 2023). Revenue: US$483.8m (down 17% from 1Q 2023). Net income: US$114.8m (down 41% from 1Q 2023). Profit margin: 24% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 23Synovus Financial Corp., Annual General Meeting, Apr 24, 2024Synovus Financial Corp., Annual General Meeting, Apr 24, 2024, at 10:00 US Eastern Standard Time.
Reported Earnings • Apr 19First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: US$0.78 (down from US$1.33 in 1Q 2023). Revenue: US$483.8m (down 17% from 1Q 2023). Net income: US$114.8m (down 41% from 1Q 2023). Profit margin: 24% (down from 33% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 04Synovus Introduces Accelerate Pay for Business PaymentsSynovus has launched AccelerateTM Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use of checks. The solution offers payees the freedom to choose how they want to get paid, with check payments and e-checks still an option. When payment types are added, Synovus clients can take advantage of new options without altering their systems, payment initiation workflow or reconcilement processes. In addition to helping Synovus clients eliminate check payments, Accelerate Pay offers: Hands-free payment origination and account reconciliation. Easy enterprise resource planning or accounting application integration with implementation in minutes or hours rather than weeks without the need for technology support. Built-in payment fraud mitigation.
お知らせ • Mar 19Synovus Financial Corp. to Report Q1, 2024 Results on Apr 17, 2024Synovus Financial Corp. announced that they will report Q1, 2024 results After-Market on Apr 17, 2024
Upcoming Dividend • Mar 13Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 20 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.0%).
Declared Dividend • Mar 07Fourth quarter dividend of US$0.38 announcedDividend of US$0.38 is the same as last year. Ex-date: 20th March 2024 Payment date: 1st April 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by earnings (44% payout ratio) and is expected to be well covered in 3 years' time (38% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 05Synovus Announces Quarterly Dividends, Payable on April 1, 2024The board of directors of Synovus Financial Corp. has declared the following quarterly dividends: $0.38 per share on the company’s common stock, payable on April 1, 2024, to shareholders of record as of March 21, 2024.
Seeking Alpha • Mar 04Synovus Financial: A Lot Of Income Options HereSummary Synovus Financial Corp. is a provider of commercial and consumer banking services in the United States. Despite the recent decline in net income, Synovus has a strong solvency profile, and its dividend has the potential for growth, making it a good addition to a dividend portfolio. Income investors may also be interested in the two preferreds offered by the company. Read the full article on Seeking Alpha
Reported Earnings • Feb 26Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.48 (down from US$4.99 in FY 2022). Revenue: US$2.03b (down 4.1% from FY 2022). Net income: US$507.8m (down 30% from FY 2022). Profit margin: 25% (down from 34% in FY 2022). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 3.21% (down from 3.32% in FY 2022). Cost-to-income ratio: 54.9% (up from 52.2% in FY 2022). Non-performing loans: 0.66% (up from 0.29% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Recent Insider Transactions Derivative • Feb 23CEO, President & Chairman exercised options and sold US$845k worth of stockOn the 18th of February, Kevin Blair exercised options to acquire 23k shares at no cost and sold these for an average price of US$36.72 per share. This trade did not impact their existing holding. For the year to December 2017, Kevin's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Kevin has owned 86.94k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Jan 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.48 (down from US$4.99 in FY 2022). Revenue: US$2.03b (down 4.2% from FY 2022). Net income: US$507.8m (down 30% from FY 2022). Profit margin: 25% (down from 34% in FY 2022). The decrease in margin was primarily driven by higher expenses. Cost-to-income ratio: 54.9% (up from 52.2% in FY 2022). Non-performing loans: 0.66% (up from 0.29% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Banks industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Price Target Changed • Jan 14Price target increased by 8.8% to US$41.53Up from US$38.16, the current price target is an average from 16 analysts. New target price is 15% above last closing price of US$36.02. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of US$3.36 for next year compared to US$4.99 last year.
Price Target Changed • Jan 10Price target increased by 7.8% to US$40.47Up from US$37.53, the current price target is an average from 16 analysts. New target price is 9.7% above last closing price of US$36.88. Stock is down 5.6% over the past year. The company is forecast to post earnings per share of US$3.36 for next year compared to US$4.99 last year.
お知らせ • Dec 19Synovus Financial Corp. to Report Q4, 2023 Results on Jan 17, 2024Synovus Financial Corp. announced that they will report Q4, 2023 results After-Market on Jan 17, 2024
Upcoming Dividend • Dec 13Upcoming dividend of US$0.38 per share at 4.3% yieldEligible shareholders must have bought the stock before 20 December 2023. Payment date: 02 January 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (3.4%).
Price Target Changed • Dec 12Price target increased by 8.6% to US$35.73Up from US$32.90, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of US$35.48. Stock is down 8.6% over the past year. The company is forecast to post earnings per share of US$3.37 for next year compared to US$4.99 last year.
Recent Insider Transactions • Dec 11Executive VP & General Counsel recently sold US$676k worth of stockOn the 7th of December, Allan Kamensky sold around 19k shares on-market at roughly US$35.01 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$271k more than they bought in the last 12 months.
