NYSE:SNV.PRD

Stock Analysis Report

Executive Summary

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services.

Snowflake

Fundamentals

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Synovus Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

NYSE:SNV.PRD

-2.6%

US Banks

-1.0%

US Market


1 Year Return

2.0%

NYSE:SNV.PRD

-14.2%

US Banks

-0.4%

US Market

SNV.PRD outperformed the Banks industry which returned -14.2% over the past year.

SNV.PRD outperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

SNV.PRDIndustryMarket
7 Day-0.2%-2.6%-1.0%
30 Day1.5%-6.3%-3.3%
90 Day0.2%-3.5%0.8%
1 Year8.4%2.0%-11.8%-14.2%1.9%-0.4%
3 Yearn/a42.2%32.4%39.4%30.4%
5 Yearn/a53.3%36.7%54.2%37.1%

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

Valuation

Is Synovus Financial undervalued based on future cash flows and its price relative to the stock market?

44%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Synovus Financial's share price is below the future cash flow value, and at a moderate discount (> 20%).

Synovus Financial's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Synovus Financial is good value based on earnings compared to the US Banks industry average.

Synovus Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Synovus Financial is poor value based on expected growth next year.


Price Based on Value of Assets

Synovus Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Synovus Financial expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

3.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Synovus Financial's revenue is expected to grow by 2.8% yearly, however this is not considered high growth (20% yearly).

Synovus Financial's earnings are expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).

Synovus Financial's revenue growth is positive but not above the United States of America market average.

Synovus Financial's earnings growth is positive but not above the United States of America market average.

Synovus Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Synovus Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Synovus Financial performed over the past 5 years?

19.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Synovus Financial's year on year earnings growth rate has been positive over the past 5 years.

Synovus Financial's 1-year earnings growth exceeds its 5-year average (42.1% vs 19.5%)

Synovus Financial's earnings growth has exceeded the US Banks industry average in the past year (42.1% vs 33.3%).


Return on Equity

Synovus Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Synovus Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Synovus Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Synovus Financial has an acceptable proportion of non-loan assets held.

Synovus Financial has a sufficient allowance for bad loans.

Synovus Financial's liabilities are made up of primarily low risk sources of funding.

Synovus Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Synovus Financial are broadly funded by customer deposits.

Synovus Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Synovus Financial's current dividend yield, its reliability and sustainability?

3.62%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Synovus Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Synovus Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3x coverage).


Next Steps

Management

What is the CEO of Synovus Financial's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Kessel Stelling (63yo)

9.2yrs

Tenure

US$5,868,210

Compensation

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 President since February 22, 2010. ...


CEO Compensation Analysis

Kessel's remuneration is about average for companies of similar size in United States of America.

Kessel's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

56yo

Average Age

The tenure for the Synovus Financial management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

66yo

Average Age

The tenure for the Synovus Financial board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mark Holladay (64yo)

    Executive VP & Chief Risk Officer

    • Tenure: 19.3yrs
    • Compensation: US$1.17m
  • Kessel Stelling (63yo)

    Chairman

    • Tenure: 9.2yrs
    • Compensation: US$5.87m
  • Bart Singleton (55yo)

    Executive VP & President of Financial Management Services

    • Tenure: 11.7yrs
    • Compensation: US$1.27m
  • Allan Kamensky (57yo)

    Executive VP

    • Tenure: 5.5yrs
    • Compensation: US$1.13m
  • Kevin Blair (48yo)

    Senior EVP & COO

    • Tenure: 0.7yrs
    • Compensation: US$2.24m
  • Santosh Kokate

    Chief Technology Officer

    • Tenure: 3.8yrs
  • Gloria Banks

    Chief Compliance Officer

    • Tenure: 0.0yrs
  • Steve Adams

    Senior Director

    • Tenure: 0.0yrs
  • Jill Hurley (39yo)

    Chief Accounting Officer

    • Tenure: 1.0yrs
  • Andrew Gregory

    Executive VP & CFO

    • Tenure: 0.2yrs

Board Members

  • Diana Murphy (62yo)

    Director

    • Tenure: 2.0yrs
    • Compensation: US$78.30k
  • Steve Butler (68yo)

    Director

    • Tenure: 7.3yrs
    • Compensation: US$152.60k
  • John Stallworth (67yo)

    Director

    • Tenure: 2.0yrs
    • Compensation: US$79.60k
  • Elizabeth Camp (67yo)

    Lead Director

    • Tenure: 2.6yrs
    • Compensation: US$76.50k
  • Joe Prochaska (68yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$75.00k
  • Frederick Brooke (71yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$159.25k
  • Kessel Stelling (63yo)

    Chairman

    • Tenure: 9.2yrs
    • Compensation: US$5.87m
  • Harris Pastides (65yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$86.70k
  • Barry Storey (59yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$80.65k
  • Tim Bentsen (65yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$183.00k

Company Information

Synovus Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Synovus Financial Corp.
  • Ticker: SNV.PRD
  • Exchange: NYSE
  • Founded: 1888
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$5.440b
  • Shares outstanding: 152.63m
  • Website: https://www.synovus.com

Number of Employees


Location

  • Synovus Financial Corp.
  • 1111 Bay Avenue
  • Suite 500
  • Columbus
  • Georgia
  • 31901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNVNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1980
SYU1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1980
SNV.PRDNYSE (New York Stock Exchange)PERP PFD SER DUSUSDJun 2018
SNV.PRENYSE (New York Stock Exchange)5.875 PFD SR EUSUSDJun 2019

Biography

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:52
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.