Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services.
No risks detected for SNV.PRD from our risk checks.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Synovus Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SNV.PRD has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SNV.PRD exceeded the US Banks industry which returned -17.7% over the past year.
Return vs Market: SNV.PRD underperformed the US Market which returned 16.8% over the past year.
Price Volatility Vs. Market
How volatile is Synovus Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Synovus Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNV.PRD ($25.06) is trading above our estimate of fair value ($20.68)
Significantly Below Fair Value: SNV.PRD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNV.PRD is good value based on its PE Ratio (8.6x) compared to the US Banks industry average (10x).
PE vs Market: SNV.PRD is good value based on its PE Ratio (8.6x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: SNV.PRD is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: SNV.PRD's PB Ratio (0.7x) is in line with the US Banks industry average.
How is Synovus Financial forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNV.PRD's forecast earnings growth (16.2% per year) is above the savings rate (2.2%).
Earnings vs Market: SNV.PRD's earnings (16.2% per year) are forecast to grow slower than the US market (24% per year).
High Growth Earnings: SNV.PRD's earnings are forecast to grow, but not significantly.
Revenue vs Market: SNV.PRD's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: SNV.PRD's revenue is forecast to decline over the next 3 years (-0.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNV.PRD's Return on Equity is forecast to be low in 3 years time (7.9%).
How has Synovus Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNV.PRD has high quality earnings.
Growing Profit Margin: SNV.PRD's current net profit margins (23.2%) are lower than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: SNV.PRD's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: SNV.PRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SNV.PRD had negative earnings growth (-18.2%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: SNV.PRD's Return on Equity (8.3%) is considered low.
How is Synovus Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SNV.PRD's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: SNV.PRD has a sufficient allowance for bad loans (399%).
Low Risk Liabilities: 90% of SNV.PRD's liabilities are made up of primarily low risk sources of funding.
Loan Level: SNV.PRD has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: SNV.PRD's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: SNV.PRD has an appropriate level of bad loans (0.4%).
What is Synovus Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNV.PRD's dividend (5.92%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: SNV.PRD's dividend (5.92%) is in the top 25% of dividend payers in the US market (4.29%)
Stability and Growth of Payments
Stable Dividend: SNV.PRD's dividends per share have been stable in the past 10 years.
Growing Dividend: SNV.PRD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), SNV.PRD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNV.PRD's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kessel Stelling (64 yo)
Mr. Kessel D. Stelling, Jr., has been the Chairman of Synovus Financial Corporation since January 1, 2012 and its Chief Executive Officer since September October 2010 and served as its President since Febr ...
CEO Compensation Analysis
Compensation vs Market: Kessel's total compensation ($USD5.19M) is about average for companies of similar size in the US market ($USD5.74M).
Compensation vs Earnings: Kessel's compensation has been consistent with company performance over the past year.
|Chairman & CEO||10.17yrs||US$5.19m||0.22% |
|President & COO||0.67yr||US$2.92m||0.024% |
|Executive VP & CFO||1.17yrs||US$1.16m||0.0048% |
|Executive VP & Chief Risk Officer||20.33yrs||US$1.09m||0.049% |
|Executive VP & Chief Wholesale Banking Officer||11.92yrs||US$1.23m||0.024% |
|Executive VP & Chief Credit Officer||1.58yrs||US$768.03k||0.0073% |
|Chief Accounting Officer||2yrs||no data||0.00047% |
|Technology||no data||no data||no data|
|Senior Director of Forecasting & Analytics and Senior Director of Investor Relations||0.83yr||no data||no data|
|Executive VP & General Counsel||6.5yrs||US$1.13m||no data|
|Chief Ethics & Compliance Officer||no data||no data||no data|
|Executive VP and Chief Communications & Corporate Responsibility Officer||no data||no data||no data|
Experienced Management: SNV.PRD's management team is considered experienced (2 years average tenure).
|Chairman & CEO||10.17yrs||US$5.19m||0.22% |
|Independent Director||3yrs||US$168.00k||0.0046% |
|Independent Director||8.33yrs||US$167.80k||0.60% |
|Independent Director||3yrs||US$168.80k||0.0032% |
|Independent Lead Director||3.58yrs||US$201.50k||0.023% |
|Independent Director||9.33yrs||US$195.00k||0.011% |
|Independent Director||3.58yrs||US$174.25k||0.035% |
|Independent Director||1.33yrs||US$155.00k||no data|
|Independent Director||6.33yrs||US$185.55k||0.010% |
|Independent Director||7.33yrs||US$166.08k||0.024% |
|Independent Director||6.33yrs||US$193.00k||0.012% |
Experienced Board: SNV.PRD's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Synovus Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Synovus Financial Corp.
- Ticker: SNV.PRD
- Exchange: NYSE
- Founded: 1888
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$3.284b
- Shares outstanding: 147.31m
- Website: https://www.synovus.com
Number of Employees
- Synovus Financial Corp.
- 1111 Bay Avenue
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SNV||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1980|
|SYU1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|SNV.PRD||NYSE (New York Stock Exchange)||PERP PFD SER D||US||USD||Jun 2018|
|SNV.PRE||NYSE (New York Stock Exchange)||5.875 PFD SER E||US||USD||Jun 2019|
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It operates through three segments: Community Banking, Wholesale Banking ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/12 00:24|
|End of Day Share Price||2020/08/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.