Synovus Financial Corp.

Synovus Financial Corp.

SNVยทNYSE

$50.05

-2.5%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$6.95B
EPS3.0500
P/E Ratio16.41
Earnings Date01/21/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 16.4).

Valuation inputs: P/E 16.4, earnings yield +6.1%, momentum -2.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +9.2%, ROIC +5.4%).

Profitability stack: net margin +14.1%, ROE +9.2%, ROIC +5.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +91.3%, momentum -2.5%, net margin +14.1%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Synovus Financial Corp. Market vs Earnings Trajectory

SNV ยท NYSE

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Synovus Financial Corp.

Synovus Financial Corp. Fair Value Envelope

SNV ยท NYSE

Our analysis suggests that SNV has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $50.05, this represents a potential HIDDEN relative to our calculated worth for Synovus Financial Corp..

Intrinsic Value
Current Price: $50.05
3Y-38.0%
5Y-13.0%
10Y+87.0%
3Y+63.0%
5Y+42.0%
10Y+182.0%
3Y-37.0%
5Y-14.0%
10Y+113.0%
3Y+3.0%
5Y+32.0%
10Y+85.0%
3Y-
5Y+37.0%
10Y+84.0%
3Y+5.0%
5Y+25.0%
10Y+109.0%
Synovus Financial Corp.

Synovus Financial Corp. Profit Bridge

SNV ยท NYSE
Revenue3.42B
Cost of Goods Sold (1.58B)
Gross Profit1.84B
Operating Expenses (1.24B)
Operating Income604.95M
Interest Expense (1.44B)
Other Income/Expense0.00
Pretax Income604.95M
Income Tax (125.50M)
Net Income482.46M
Net Income
482.46M

Profitability Analysis

Gross Margin

53.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

17.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

14.1%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

20.7%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

53.84%
Gross Profit Margin
-8%
3Y-46.0%
5Y-30.0%
10Y-39.0%
17.67%
Operating Profit Margin
-14%
3Y-62.0%
5Y-44.0%
10Y-40.0%
14.09%
Net Profit Margin
-12%
3Y-61.0%
5Y-40.0%
10Y-24.0%
9.20%
Return on Equity
-13%
3Y-36.0%
5Y-19.0%
10Y+22.0%
0.80%
Return on Assets
-12%
3Y-40.0%
5Y-32.0%
10Y+2.0%
5.36%
Return on Invested Capital
-13%
3Y-46.0%
5Y-10.0%
10Y+28.0%
SNV

Synovus Financial Corp. Cash Conversion Engine

SNV ยท NYSE
Net Income479.45M
Depreciation & Amortization60.41M
Stock-Based Compensation32.05M
Change in Working Capital-123.90M
Others353.65M
Capital Expenditures-56.15M
Free Cash Flow764.88M

Cash Flow Quality Analysis

FCF Conversion Rate

159.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

6.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-38.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$123.90M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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Synovus Financial Corp. Funding & Solvency Profile

SNV ยท NYSE
Cash & Cash Equivalents2.24B
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets5 B
Property, Plant & Equipment376.01M
Goodwill & Intangible Assets506.88M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets376 M
Total Assets
60.49B

Financial Health Analysis

Current Ratio

75.09x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

9.36x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

5 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

8% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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Synovus Financial Corp. Street Expectations Map

SNV ยท NYSE

Wall Street analysts project that SNV stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 58.00, with estimates ranging from a low of 51.00 to a high of 70.00.

Lowest Target
51.00
1.90%
Consensus Target
58.00
15.88%
Highest Target
70.00
39.86%

The consensus 1-year price target stands at 58.00, with estimates ranging from a low of 51.00 to a high of 70.00.

Analyst Consensus Analysis

Upside Potential

+15.9%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

32.8% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Synovus Financial Corp. Insider Positioning

SNV ยท NYSE

During the last 12 months, insiders have purchased $536K and sold $313K worth of SNV shares, resulting in $223K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

1.0K

45.37K

Sold

0

0.00

Net Activity

+45K

+$45K

9-12 Months

Bought

10.1K

490.58K

Sold

6.2K

313.29K

Net Activity

+177K

+$177K

Top Buyers

1
BKS

Blair Kevin S.

Officer: President And Ceo

4.0K sharesโ€ข1 transactions

$200K

2
GAJJ

Gregory Andrew J. Jr.

Officer: Evp & Chief Financial Officer

2.0K sharesโ€ข1 transactions

$98K

3
MGG

Montana Gregory G

Director

2.0K sharesโ€ข2 transactions

$92K

4
BTE

Bentsen Tim E

Director

1.1K sharesโ€ข1 transactions

$50K

5
MDM

Murphy Diana M

Director

1.0K sharesโ€ข1 transactions

$49K

Top Sellers

1
DTT

Dierdorff Thomas T

Officer: Evp, Corp. & Inv. Banking

6.2K sharesโ€ข1 transactions

$313K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $223K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.71:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

High Buying

5 insider buyers vs. 1 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

0.79%
Dividend Yield
-14%
3Y-25.0%
5Y-56.0%
10Y+84.0%
ย 

snv Dividend History

SNV
10Y CAGR +13%
Latest $0.39
Annual $1.94
5 year growth trend
Last Period: +0%