Synovus Financial Corp.

NYSE:SNV Stock Report

Market Cap: US$7.9b

Synovus Financial Valuation

Is SNV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SNV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNV ($55.92) is trading below our estimate of fair value ($115.67)

Significantly Below Fair Value: SNV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNV?

Key metric: As SNV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SNV. This is calculated by dividing SNV's market cap by their current earnings.
What is SNV's PE Ratio?
PE Ratio24.7x
EarningsUS$321.35m
Market CapUS$7.89b

Price to Earnings Ratio vs Peers

How does SNV's PE Ratio compare to its peers?

The above table shows the PE ratio for SNV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
PB Prosperity Bancshares
17.7x13.3%US$7.9b
ZION Zions Bancorporation National Association
13.5x6.3%US$8.8b
SSB SouthState
16.2x27.9%US$8.1b
BPOP Popular
12.9x16.6%US$6.9b
SNV Synovus Financial
24.7x32.9%US$7.9b

Price-To-Earnings vs Peers: SNV is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does SNV's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
SNV 24.7xIndustry Avg. 12.9xNo. of Companies79PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNV is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the US Banks industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is SNV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.7x
Fair PE Ratio22.2x

Price-To-Earnings vs Fair Ratio: SNV is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SNV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$55.92
US$56.75
+1.5%
8.0%US$67.00US$51.00n/a16
Nov ’25US$49.39
US$55.41
+12.2%
5.0%US$60.00US$51.00n/a17
Oct ’25US$42.49
US$50.27
+18.3%
5.4%US$55.00US$46.00n/a16
Sep ’25US$46.12
US$50.45
+9.4%
5.5%US$55.00US$46.00n/a16
Aug ’25US$44.41
US$49.83
+12.2%
7.2%US$55.00US$41.00n/a16
Jul ’25US$40.50
US$42.88
+5.9%
7.6%US$49.00US$38.00n/a16
Jun ’25US$39.69
US$42.13
+6.1%
7.3%US$48.00US$38.00n/a16
May ’25US$36.40
US$40.94
+12.5%
6.5%US$48.00US$37.00n/a16
Apr ’25US$39.23
US$43.26
+10.3%
6.2%US$46.00US$37.00n/a17
Mar ’25US$37.94
US$42.97
+13.3%
6.5%US$46.00US$37.00n/a16
Feb ’25US$36.00
US$42.47
+18.0%
9.8%US$46.00US$29.00n/a16
Jan ’25US$37.65
US$37.53
-0.3%
14.3%US$46.00US$27.50n/a16
Dec ’24US$32.91
US$32.90
-0.03%
8.2%US$38.00US$27.50n/a15
Nov ’24US$26.20
US$32.77
+25.1%
8.4%US$38.00US$27.50US$49.3915
Oct ’24US$27.80
US$36.87
+32.6%
12.1%US$45.00US$29.00US$42.4915
Sep ’24US$32.08
US$37.80
+17.8%
9.7%US$45.00US$30.00US$46.1215
Aug ’24US$33.16
US$37.73
+13.8%
9.4%US$45.00US$30.00US$44.4115
Jul ’24US$30.25
US$36.93
+22.1%
13.4%US$50.00US$30.00US$40.5015
Jun ’24US$27.90
US$37.30
+33.7%
13.2%US$50.00US$30.00US$39.6915
May ’24US$29.99
US$37.70
+25.7%
12.9%US$50.00US$30.00US$36.4015
Apr ’24US$30.83
US$43.90
+42.4%
13.3%US$55.00US$33.00US$39.2315
Mar ’24US$41.74
US$47.32
+13.4%
8.3%US$55.00US$41.50US$37.9414
Feb ’24US$43.03
US$46.96
+9.1%
8.3%US$55.00US$41.50US$36.0014
Jan ’24US$37.55
US$47.02
+25.2%
7.9%US$55.00US$42.75US$37.6514
Dec ’23US$42.02
US$46.35
+10.3%
8.4%US$55.00US$40.00US$32.9113
Nov ’23US$39.89
US$46.04
+15.4%
8.8%US$55.00US$40.00US$26.2013

Analyst Forecast: Target price is less than 20% higher than the current share price.

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