Synovus Financial Stock (NYSE:SNV)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$43.70

52W Range

$24.40 - $47.83

50D Avg

$43.68

200D Avg

$39.01

Market Cap

$6.42B

Avg Vol (3M)

$1.38M

Beta

1.41

Div Yield

$1.52 (3.41%)

SNV Company Profile


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.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

4,727

IPO Date

Sep 12, 1989

Website

SNV Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Wholesale Banking$698.83M$616.59M$502.46M
Community Banking$354.03M$332.34M$645.91M
Consumer Banking$488.54M$362.57M-
Financial Management Services$101.48M$81.08M$105.92M

Fiscal year ends in Dec 23 | Currency in USD

SNV Financial Summary


Dec 23Dec 22Dec 21
Revenue$2.03B$2.21B$1.98B
Operating Income$858.67M$1.24B$989.36M
Net Income$507.75M$757.90M$760.47M
EBITDA$2.69B$1.31B$1.15B
Basic EPS$3.46$4.99$4.95
Diluted EPS$3.46$4.95$4.90

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Jul 18, 24 | 1:45 PM
Q1 24Apr 18, 24 | 1:25 PM
Q4 23Jan 18, 24 | 12:24 PM

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