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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.
Strategic Growth | Synovus expands its Relationship Manager team and optimizes its balance sheet, positioning for accelerated loan growth and market share expansion |
Southeastern Stronghold | Explore Synovus's robust deposit market share in key southeastern states, leveraging regional economic growth for enhanced business opportunities |
Analyst Optimism | Consensus price target of $64 reflects confidence in Synovus's future, with analysts citing strong earnings trends and potential for margin expansion |
Navigating Headwinds | Learn how Synovus addresses near-term loan growth challenges and manages commercial real estate exposure while capitalizing on anticipated pro-growth environment |
Metrics to compare | SNV | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSNVPeersSector | |
---|---|---|---|---|
P/E Ratio | 13.4x | 10.3x | 8.9x | |
PEG Ratio | 0.63 | −0.58 | 0.03 | |
Price/Book | 1.4x | 1.1x | 1.0x | |
Price / LTM Sales | 3.5x | 3.5x | 2.7x | |
Upside (Analyst Target) | 7.1% | 11.2% | 11.8% | |
Fair Value Upside | Unlock | 12.0% | 3.1% | Unlock |