-0.16%
8.63%
14.23%
34.43%
58.88%
13.04%
61.02%
AI Spotlight on SNV
Company Description
Synovus Financial Corp.operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services.It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services.
The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans.Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services.The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities.
As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee.The company was founded in 1888 and is headquartered in Columbus, Georgia.
Market Data
| Last Price | 56.42 |
| Change Percentage | -0.16% |
| Open | 56.55 |
| Previous Close | 56.51 |
| Market Cap ( Millions) | 7965 |
| Volume | 1236199 |
| Year High | 59.92 |
| Year Low | 33.44 |
| M A 50 | 54.26 |
| M A 200 | 45.83 |
Financial Ratios
| FCF Yield | 10.99% |
| Dividend Yield | 2.69% |
| ROE | 7.05% |
| Debt / Equity | 37.73% |
| Net Debt / EBIDTA | 57.84% |
| Price To Book | 1.51 |
| Price Earnings Ratio | 22.29 |
| Price To FCF | 9.1 |
| Price To sales | 3.1 |
| EV / EBITDA | 22.17 |
News
- Jan -17 - Synovus Financial Corp. (SNV) Q4 2024 Earnings Call Transcript
- Jan -16 - Synovus Q4 Earnings Beat Estimates on Higher NIR, Stock Gains
- Jan -16 - Synovus (SNV) Reports Q4 Earnings: What Key Metrics Have to Say
- Jan -16 - Synovus Financial (SNV) Q4 Earnings and Revenues Top Estimates
- Jan -15 - Synovus announces earnings for the fourth quarter 2024
- Jan -13 - Synovus to participate at BofA Securities Financial Services Conference
- Jan -10 - Stay Ahead of the Game With Synovus (SNV) Q4 Earnings: Wall Street's Insights on Key Metrics
- Jan -10 - Synovus names Katie Webb chief consumer digital and client experience officer
- Jan -09 - How To Earn $500 A Month From Synovus Financial Stock Ahead Of Q4 Earnings
- Jan -08 - Synovus Rises 31.5% in 6 Months: Should You Invest in SNV Stock Now?
- Jan -07 - Synovus names new leadership for The Family Office at Synovus
- Jan -06 - Synovus names new Chattanooga market executive
- Jan -03 - Why Synovus (SNV) Could Beat Earnings Estimates Again
- Dec -19 - Synovus contributes $500,000 to AAA Scholarship Foundation
- Dec -18 - Synovus announces election of Greg Montana to its board of directors
- Dec -16 - Synovus to announce fourth quarter 2024 earnings results
- Dec -09 - Synovus introduces Accelerate Trade for international trade finance
- Dec -03 - Synovus announces quarterly dividends
- Dec -03 - Synovus Financial: Series E Dividends Provide Best Yield Despite Premium Price
- Nov -20 - Synovus to present at Goldman Sachs 2024 US Financial Services Conference
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Wholesale Banking
Expected Growth : 8.5 %
What the company do ?
Wholesale Banking from Synovus Financial Corp. provides cash management, lending, and treasury services to large corporations, governments, and institutions.
Why we expect these perspectives ?
Synovus Financial Corp.'s Wholesale Banking segment growth of 8.5% is driven by strong commercial loan growth, increased treasury management services, and expansion of specialized industry verticals. Additionally, strategic investments in digital capabilities and talent acquisition have enhanced customer experience, leading to increased market share and revenue growth.
Segment n°2 -> Consumer Banking
Expected Growth : 8.0 %
What the company do ?
Consumer Banking from Synovus Financial Corp. offers personal banking services, including checking, savings, credit cards, loans, and investment products to individual customers.
Why we expect these perspectives ?
Synovus Financial Corp.'s 8.0% growth in Consumer Banking is driven by strategic expansion into new markets, increased adoption of digital banking channels, and a focus on customer experience. Additionally, the company's efforts to enhance its credit card offerings and expand its mortgage lending business have contributed to the growth.
Segment n°3 -> Community Banking
Expected Growth : 7.5 %
What the company do ?
Community Banking from Synovus Financial Corp. offers personalized banking services to individuals, small businesses, and commercial clients in local communities.
Why we expect these perspectives ?
Synovus Financial Corp.'s 7.5% community banking growth driven by strategic branch expansion, enhanced digital banking capabilities, and targeted marketing efforts. Strong loan growth, fueled by commercial and industrial lending, and solid deposit growth, supported by a low-cost deposit base, also contribute to the segment's growth.
Segment n°4 -> Financial Management Services
Expected Growth : 8.2 %
What the company do ?
Synovus Financial Corp's Financial Management Services provide comprehensive banking solutions, including cash management, treasury services, and investment products to help businesses optimize financial performance.
Why we expect these perspectives ?
Synovus Financial Corp.'s 8.2% growth in Financial Management Services is driven by increasing demand for digital banking solutions, strategic acquisitions, and expansion of commercial banking services. Additionally, the company's focus on customer experience, investment in technology, and diversification of revenue streams have contributed to this growth.
Segment n°5 -> Treasury and Corporate Other
Expected Growth : 8.8 %
What the company do ?
Treasury and Corporate Other from Synovus Financial Corp. refers to the segment that manages the company's investment portfolio, funding, and liquidity, as well as other corporate expenses and income.
Why we expect these perspectives ?
Treasury and Corporate Other segment of Synovus Financial Corp. achieved 8.8% growth driven by increased commercial loan growth, expansion of treasury management services, and higher interest income from investment securities. Additionally, strategic acquisitions and effective cost management contributed to the segment's growth.
Synovus Financial Corp. Products
| Product Range | What is it ? |
|---|---|
| Consumer Banking | Synovus offers a range of personal banking services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Commercial Banking | Synovus provides commercial banking services, including cash management, treasury management, and commercial lending, to businesses of all sizes. |
| Wealth Management | Synovus offers investment and wealth management services, including financial planning, investment management, and trust services. |
| Mortgage Banking | Synovus provides mortgage lending services, including residential and commercial mortgage loans, to individuals and businesses. |
| Treasury Management | Synovus offers treasury management services, including cash management, wire transfer, and account services, to businesses. |
| Credit Cards | Synovus offers a range of credit card products, including cash back, rewards, and low-interest credit cards, to individuals and businesses. |
| Insurance | Synovus offers insurance products, including life insurance, disability insurance, and long-term care insurance, to individuals and businesses. |
Synovus Financial Corp.'s Porter Forces
Threat Of Substitutes
Synovus Financial Corp. operates in a highly competitive industry, but the threat of substitutes is mitigated by the complexity of financial services and the need for specialized expertise.
Bargaining Power Of Customers
Synovus Financial Corp. has a large customer base, but customers have significant bargaining power due to the ease of switching to alternative financial institutions.
Bargaining Power Of Suppliers
Synovus Financial Corp. has a diverse supplier base, and suppliers have limited bargaining power due to the company's scale and negotiating power.
Threat Of New Entrants
The financial services industry has significant barriers to entry, including regulatory hurdles and capital requirements, which limits the threat of new entrants.
Intensity Of Rivalry
Synovus Financial Corp. operates in a highly competitive industry, with many established players and a high level of rivalry for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 29.33% |
| Debt Cost | 11.07% |
| Equity Weight | 70.67% |
| Equity Cost | 11.07% |
| WACC | 11.07% |
| Leverage | 41.51% |
Synovus Financial Corp. : Quality Control
Synovus Financial Corp. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CFG | Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, National Association that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, … |
| FHN | First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. … |
| RF | Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The … |
| FHB | First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It … |
| BPOP | Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Regions Financial
A-Score
1-Year Total Return ->
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First Horizon
A-Score
1-Year Total Return ->
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First Hawaiian
A-Score
1-Year Total Return ->
4
Synovus
A-Score
1-Year Total Return ->
5
Citizens Financial Group
A-Score
1-Year Total Return ->
6
