Synovus (SNV) AI Stock Analysis

• Market Cap: $7.75B
• Dividend Yield: 2.77%
• Average Volume (3M): 1.20M
• Price to Earnings (P/E): 10.7
• Beta (1Y): 1.67
• Revenue Growth: 11.50%
• EPS Growth: 220.78%
• Country: US
• Employees: 4,720
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): 1.48
• Shares Outstanding: 139,013,030
• 10 Day Avg. Volume: 1,755,038
• 30 Day Avg. Volume: 1,198,842
• PEG Ratio: 0.78
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.20
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 0.51
• Enterprise Value/Gross Profit: 3.55
• Enterprise Value/Ebitda: 2.85
• 1Y Price Target: $62.93
• Price Target Upside: 13.33% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 15

• Rating: 76 Outperform
• Price Target: $61.00 ▲(9.85%Upside)

Synovus showcases strong financial performance and strategic momentum as highlighted in the earnings call, with notable earnings and loan growth. The technical indicators reflect a positive trend, and the stock's valuation is appealing. Despite some challenges in core deposits, the company's overall outlook is strong and supports a stable investment proposition.

Positive Factors

Earnings Performance

Operating EPS of $1.48 beat consensus driven by lower provisions and higher fee income.

Financial Health

Common Equity Tier 1 (CET1) capital reached a record high, indicating strong financial health.

Revenue Growth

Loan growth momentum is driving revenues higher with management indicating this trend is sustainable.

Negative Factors

Deposits

Deposits declined 7% this quarter, and were flat outside of intentional run-off from higher-cost non-core funding and public funds.

Net Interest Margin

Short-term pressure on net interest margin is expected due to anticipated rate cuts, affecting net interest income.

Synovus Business Overview & Revenue Model

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.

How the Company Makes Money

Synovus generates revenue primarily through interest income from loans and advances to customers, such as commercial and residential mortgages, personal loans, and credit cards. Additionally, the company earns non-interest income from sources like service charges on deposit accounts, fees for wealth management and financial advisory services, and card fees. Synovus also benefits from strategic partnerships and collaborations that enhance its service offerings, such as alliances with technology providers to improve digital banking capabilities. The company's earnings are influenced by factors including prevailing interest rates, the economic environment of its operating regions, and regulatory changes affecting the banking industry.

Synovus Financial Statement Overview

Summary

Synovus is financially sound with strong cash flow and profitability metrics. The company manages leverage well, maintaining a low debt profile. While there are challenges in revenue growth, operational efficiency remains a key strength, supporting a stable financial outlook.

Income Statement

Synovus demonstrates strong profitability with a consistent gross profit margin and a healthy net profit margin, though there is a notable decline in revenue from the previous year. The EBIT margin is solid, indicating efficient cost management despite revenue fluctuations.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio, indicating low leverage. The equity ratio is decent, and return on equity shows moderate profitability. Stability is evident, though growth in equity is moderate.

Cash Flow

Cash flow is strong with a positive free cash flow position and robust operating cash flow relative to net income, demonstrating effective cash management. Free cash flow growth is positive, indicating improved cash-generating efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.42B	3.39B	2.48B	2.10B	2.31B
Gross Profit	1.84B	1.98B	2.12B	2.09B	1.66B
EBITDA	665.36M	789.62M	1.03B	1.10B	554.29M
Net Income	482.46M	543.71M	757.90M	760.47M	373.69M
Balance Sheet
Total Assets	60.23B	59.81B	59.73B	57.32B	54.39B
Cash, Cash Equivalents and Short-Term Investments	10.53B	12.20B	11.62B	13.86B	12.10B
Total Debt	1.86B	1.42B	1.58B	1.47B	1.43B
Total Liabilities	54.97B	54.67B	55.26B	52.02B	49.23B
Stockholders Equity	5.24B	5.12B	4.48B	5.30B	5.16B
Cash Flow
Free Cash Flow	764.88M	1.25B	1.16B	768.06M	-13.07M
Operating Cash Flow	821.03M	1.28B	1.19B	794.02M	17.03M
Investing Cash Flow	177.57M	323.97M	-4.86B	-4.38B	-2.35B
Financing Cash Flow	-456.04M	-1.13B	2.63B	2.35B	5.40B

Synovus Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 55.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNV, the sentiment is Positive. The current price of 55.53 is above the 20-day moving average (MA) of 53.41, above the 50-day MA of 50.06, and above the 200-day MA of 49.41, indicating a bullish trend. The MACD of 1.55 indicates Positive momentum. The RSI at 65.99 is Neutral, neither overbought nor oversold. The STOCH value of 78.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNV.

Synovus Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BOKF	80 Outperform	$6.78B	12.10	9.57%	2.12%	-0.77%	17.19%
BPOP	80 Outperform	$7.92B	11.93	12.54%	2.90%	9.33%	43.64%
ONB	79 Outperform	$8.46B	13.31	9.29%	2.47%	13.68%	-6.57%
HOMB	77 Outperform	$5.96B	13.82	10.94%	3.23%	4.40%	14.01%
SNV	76 Outperform	$7.75B	10.70	14.71%	2.77%	11.50%	220.78%
CADE	71 Outperform	$6.38B	12.22	9.90%	3.71%	19.04%	―
Sector *	68 Neutral	$16.89B	11.69	9.78%	3.90%	11.76%	-7.55%

Synovus Corporate Events

Synovus Reports Strong Q2 2025 Financial Results

Synovus Financial Corp., a financial services company, reported its financial results for the second quarter of 2025, showcasing significant growth and operational improvements. The company achieved a 28% year-over-year increase in adjusted earnings per share, driven by strategic execution and financial discipline. Key highlights include a 60% surge in funded loan production, improved credit quality, and a record-high Common Equity Tier 1 capital ratio. Despite economic uncertainties, Synovus raised its full-year earnings guidance, reflecting confidence in its strategy and operations.

The most recent analyst rating on (SNV) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Synovus stock, see the SNV Stock Forecast page.