Synovus Financial Financials

SNV Stock  USD 50.35  0.67  1.35%   
Synovus Financial Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Synovus Financial's Other Stockholder Equity is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to climb to about 1.5 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 11.9 B in 2024. Key indicators impacting Synovus Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.440.2407
Way Up
Pretty Stable
Current Ratio0.730.77
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Synovus Financial includes many different criteria found on its balance sheet. An individual investor should monitor Synovus Financial's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Synovus Financial.

Net Income

570.89 Million

  
Please note, the imprecision that can be found in Synovus Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Synovus Financial Corp. Check Synovus Financial's Beneish M Score to see the likelihood of Synovus Financial's management manipulating its earnings.

Synovus Financial Stock Summary

Synovus Financial competes with Huntington Bancshares, Fifth Third, MT Bank, Citizens Financial, and First Horizon. Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. The company was founded in 1888 and is headquartered in Columbus, Georgia. Synovus Financial operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 4887 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS87161C5013
CUSIP87161C501 87161C105
LocationGeorgia; U.S.A
Business Address1111 Bay Avenue,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.synovus.com
Phone706 641 6500
CurrencyUSD - US Dollar

Synovus Financial Key Financial Ratios

Synovus Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets48.2B54.4B57.3B59.7B59.8B62.8B
Other Current Liab(1.8B)(7.7M)(197K)(600.0M)22.6B11.9B
Net Debt2.8B(2.9B)(1.7B)2.8B(1.2B)(1.1B)
Cash1.1B4.1B2.9B1.9B2.4B1.3B
Other Assets32.3B33.1B31.4B59.7B(18.7B)(17.8B)
Total Liab43.3B49.2B52.0B55.3B54.7B57.4B
Total Current Assets8.1B12.4B14.1B517.2M17.7B15.3B
Short Term Debt1.8B7.7M197K600.0M300.9M285.9M
Retained Earnings1.1B1.2B1.7B2.2B2.5B2.6B
Common Stock166.8M168.1M169.4M170.1M171.4M272.3M
Other Liab357.4M1.1B1.1B534.9M615.1M455.3M
Accounts Payable38.4B46.7B49.4B48.9B56.2B28.3B
Long Term Debt2.2B1.2B1.2B4.1B1.2B1.8B
Inventory(1.5B)(4.6B)(3.3B)(394.0M)(1.2B)(1.1B)
Treasury Stock(1.0B)(715.6M)(731.8M)(931.5M)(838.3M)(796.4M)
Intangible Assets55.7M45.1M35.6M27.1M45.9M43.6M
Other Current Assets1.5B4.6B3.3B(11.1B)5.5B5.2B
Net Receivables234.9M281.7M242.3M394.0M499.3M524.3M
Net Tangible Assets3.9B4.1B4.3B3.5B4.0B3.4B
Long Term Debt Total2.2B1.2B1.2B4.1B4.7B5.0B

Synovus Financial Key Income Statement Accounts

The reason investors look at the income statement is to determine what Synovus Financial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Operating Income765.0M484.7M989.4M1.2B998.2M637.1M
Ebit765.0M492.1M944.9M982.8M2.6B2.8B
Ebitda776.6M554.3M1.1B1.0B2.7B2.8B
Net Income563.8M373.7M760.5M757.9M543.7M570.9M
Income Tax Expense201.2M111.0M228.9M206.3M154.0M83.7M
Interest Expense454.8M291.7M120.4M278.9M1.2B1.3B
Total Revenue1.9B2.0B2.0B2.2B2.0B1.5B
Gross Profit1.8B1.7B1.7B1.9B1.7B1.5B
Income Before Tax765.0M484.7M989.4M964.2M696.2M731.0M
Cost Of Revenue141.8M310.0M301.4M330.6M318.0M403.6M
Tax Provision201.2M111.0M228.9M206.3M187.4M187.3M
Net Interest Income1.6B1.5B1.5B1.8B1.9B1.5B
Interest Income2.1B1.8B1.7B2.1B2.9B1.8B

Synovus Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash43.4M3.1B(1.2B)(1.0B)473.6M497.3M
Free Cash Flow559.8M(13.1M)768.1M1.2B1.3B1.3B
Depreciation8.1M106.1M158.0M69.2M93.5M86.3M
Other Non Cash Items22.6M(265.5M)(96.8M)429.9M642.5M674.7M
Dividends Paid185.7M223.1M227.8M229.3M252.0M135.3M
Capital Expenditures61.2M30.1M26.0M30.1M32.2M60.3M
Net Income563.8M373.7M760.5M757.9M543.7M570.9M
End Period Cash Flow1.2B4.3B3.0B2.0B2.5B2.6B
Investments(2.3B)(3.6B)(4.5B)(5.0B)(1.1B)(1.2B)
Net Borrowings238.7M(901.2M)36.2M2.8B3.2B3.4B
Change To Netincome133.8M(333.0M)(24.0M)468.7M421.8M442.9M

Synovus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Synovus Financial's current stock value. Our valuation model uses many indicators to compare Synovus Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Synovus Financial competition to find correlations between indicators driving Synovus Financial's intrinsic value. More Info.
Synovus Financial Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Synovus Financial Corp is roughly  11.87 . At this time, Synovus Financial's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Synovus Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Synovus Financial Corp Systematic Risk

Synovus Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Synovus Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Synovus Financial Corp correlated with the market. If Beta is less than 0 Synovus Financial generally moves in the opposite direction as compared to the market. If Synovus Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Synovus Financial Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Synovus Financial is generally in the same direction as the market. If Beta > 1 Synovus Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Synovus Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Synovus Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Synovus Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.32)

At this time, Synovus Financial's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Synovus Financial December 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Synovus Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Synovus Financial Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Synovus Financial Corp based on widely used predictive technical indicators. In general, we focus on analyzing Synovus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Synovus Financial's daily price indicators and compare them against related drivers.

Additional Tools for Synovus Stock Analysis

When running Synovus Financial's price analysis, check to measure Synovus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.