Synovus Financial Balance Sheet Health
Financial Health criteria checks 6/6
Synovus Financial has total assets of $59.6B and total equity of $5.4B. Total deposits are $50.2B, and total loans are $42.6B. It earns a Net Interest Margin of 3.2%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $1.9B.
Key information
11.1x
Asset to equity ratio
3.2%
Net interest margin
| Total deposits | US$50.19b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$1.89b |
Recent financial health updates
No updates
Recent updates
Synovus Financial's (NYSE:SNV) Dividend Will Be $0.38
Dec 16
Synovus Financial: Series E Dividends Provide Best Yield Despite Premium Price
Dec 03Synovus Financial Preferred Attractive After Rate Reset
Sep 05Synovus Financial: Switching Preferred Shares On Better Yield Opportunity
Jul 22Sizing Up Synovus Financial
Jul 09Synovus Financial's (NYSE:SNV) Dividend Will Be $0.38
Jun 07Synovus Financial: Securities Portfolio Is Key To Improving Profitability
Jun 05Synovus Financial (NYSE:SNV) Is Paying Out A Dividend Of $0.38
Mar 08Synovus Financial: A Lot Of Income Options Here
Mar 04Synovus: Potential Credit Losses Limit Upside
Nov 27Synovus Preferred Stock Looks Mispriced
Sep 14Synovus Financial: Interesting Dividend But It's Not Enough
Jun 24Synovus Q4 2022 Earnings Preview
Jan 18Synovus Q3 2022 Earnings Preview
Oct 19Synovus declares $0.34 dividend
Sep 01Synovus Financial: Initiatives To Drive Earnings, Stock Appears Attractively Valued
Aug 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SNV's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: SNV has a sufficient allowance for bad loans (155%).
Low Risk Liabilities: 93% of SNV's liabilities are made up of primarily low risk sources of funding.
Loan Level: SNV has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: SNV's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: SNV has an appropriate level of bad loans (0.7%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Synovus Financial Corp. is covered by 44 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David George | Baird |
| Jared Shaw | Barclays |
| Jason Goldberg | Barclays |