Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services in the United States. It operates in four segments: Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services. The company provides commercial banking services, including commercial, financial, real estate lending, treasury management, asset management, capital markets services, and institutional trust services; consumer banking services, such as accepting customary types of demand and savings deposit 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. It also engages in portfolio management for fixed-income securities investment banking; the execution of securities transactions as a broker/dealer; and the provision of individual investment advice on equity and other securities, and financial planning services. The company was founded in 1888 and is headquartered in Columbus, Georgia.
Regional Banking Titan | Synovus Financial Corp. emerges as a formidable player in the southeastern U.S. banking sector, showcasing robust financial performance and strategic growth initiatives |
Margin Mastery | Delve into Synovus's impressive net interest margin expansion, a key differentiator in the current banking landscape, driven by effective deposit cost management |
Growth Trajectory | Explore Synovus's aggressive Relationship Manager hiring plan and its potential to accelerate loan growth, with analysts projecting EPS growth of about 10% for fiscal year 2025 |
Valuation Insights | Discover why analysts maintain a positive outlook on Synovus, with price targets ranging from $52 to $64, reflecting confidence in the bank's market position and growth prospects |
Metrics to compare | SNV | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSNVPeersSector | |
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P/E Ratio | 10.9x | 11.4x | 9.7x | |
PEG Ratio | 0.05 | 0.04 | 0.03 | |
Price/Book | 1.6x | 1.2x | 1.0x | |
Price / LTM Sales | 3.6x | 3.3x | 2.9x | |
Upside (Analyst Target) | 5.7% | 4.8% | 9.7% | |
Fair Value Upside | Unlock | −3.2% | 1.4% | Unlock |