Synovus Financial Corp - Understand $snv stock

$SNV Market Cap: $7.887 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$470.4M

TTM

Gross Margin

Net Earnings

$321.4M

TTM

Current Assets

Current Liabilities

$94.06M

Q3 2024

Current Ratio

Total Assets

$59.59B

Q3 2024

Total Liabilities

$54.23B

Q3 2024

Book Value

$5.356B

Q3 2024

Cash

$1.854B

Q3 2024

P/E

24.54

Nov 29, 2024 EST

Free Cash Flow

$770.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$885.2M	$1.049B	$883.1M	$839.7M	$2.051B	$1.344B	$1.162B	$1.023B	$946.0M	$928.7M	$929.0M	$1.004B	$1.142B	$1.321B	$1.509B
YoY Change	-15.59%	18.75%	5.17%	-59.05%	52.54%	15.64%	13.66%	8.12%	1.86%	-0.03%	-7.48%	-12.05%	-13.54%	-12.5%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$885.2M	$1.049B	$883.1M	$839.7M	$2.051B	$1.344B	$1.162B	$1.023B	$946.0M	$928.7M	$929.0M	$1.004B	$1.142B	$1.321B	$1.509B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$38.20M	$42.10M	$50.50M	$51.60M	$49.20M	$42.60M	$42.20M	$37.10M	$35.30M	$33.90M	$59.30M	$64.40M	$47.60M	$46.40M	$37.40M	$70.60M	$208.3M	$231.3M	$193.2M	$161.1M	$112.0M	$97.00M	$87.20M	$80.50M	$72.50M	$61.00M	$50.30M	$43.30M	$38.60M	$38.40M	$32.80M	$27.70M	$18.80M	$14.80M	$11.80M	$11.10M	$10.60M
YoY Change	-9.26%	-16.63%	-2.13%	4.88%	15.49%	0.95%	13.75%	5.1%	4.13%	-42.83%	-7.92%	35.29%	2.59%	24.06%	-47.03%	-66.11%	-9.94%	19.72%	19.93%	43.84%	15.46%	11.24%	8.32%	11.03%	18.85%	21.27%	16.17%	12.18%	0.52%	17.07%	18.41%	47.34%	27.03%	25.42%	6.31%	4.72%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$1.234B	$278.9M	$120.4M	$291.7M	$454.8M	$195.9M	$139.2M	$123.6M	$118.6M	$109.4M	$118.8M	$150.0M	$217.6M	$334.2M	$498.9M
YoY Change	342.37%	131.64%	-58.73%	-35.86%	132.19%	40.74%	12.59%	4.2%	8.44%	-7.92%	-20.8%	-31.06%	-34.9%	-33.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$696.2M	$964.2M	$989.4M	$484.7M	$765.0M	$547.4M	$480.1M	$388.5M	$358.6M	$302.6M	$252.6M	$31.48M	-$59.53M	-$849.2M	-$1.606B	-$660.8M	$520.0M	$645.5M	$563.3M	$718.0M	$638.5M	$587.5M	$509.9M	$428.2M	$362.5M	$314.6M	$276.2M	$226.9M	$184.8M	$138.9M	$287.9M	$92.30M	$70.90M	$51.70M	$42.20M	$36.20M	$31.00M	$26.10M	$20.50M	$16.30M	$10.00M
YoY Change	-27.8%	-2.55%	104.13%	-36.65%	39.77%	14.0%	23.6%	8.33%	18.51%	19.76%	702.58%	-152.87%	-92.99%	-47.12%	143.02%	-227.08%	-19.44%	14.59%	-21.55%	12.45%	8.68%	15.22%	19.08%	18.12%	15.23%	13.9%	21.73%	22.78%	33.05%	-51.75%	211.92%	30.18%	37.14%	22.51%	16.57%	16.77%	18.77%	27.32%	25.77%	63.0%
Income Tax	$154.0M	$206.3M	$228.9M	$111.0M	$201.2M	$118.9M	$204.7M	$141.7M	$132.5M	$107.3M	$93.25M	-$798.7M	$1.312M	-$15.20M	-$172.0M	-$80.40M	$182.1M	$230.4M	$204.3M	$252.2M	$222.6M	$198.5M	$178.4M	$149.2M	$124.0M	$107.6M	$96.20M	$79.70M	$64.90M	$49.50M	$42.90M	$31.10M	$22.30M	$17.90M	$11.70M	$7.900M	$7.400M	$5.600M	$2.800M	$3.000M	$700.0K
% Of Pretax Income	22.12%	21.39%	23.14%	22.9%	26.3%	21.72%	42.63%	36.47%	36.95%	35.47%	36.91%	-2537.51%					35.02%	35.69%	36.27%	35.13%	34.86%	33.79%	34.99%	34.84%	34.21%	34.2%	34.83%	35.13%	35.12%	35.64%	14.9%	33.69%	31.45%	34.62%	27.73%	21.82%	23.87%	21.46%	13.66%	18.4%	7.0%
Net Earnings	$507.8M	$724.7M	$760.5M	$373.7M	$563.8M	$428.5M	$275.5M	$246.8M	$226.1M	$195.2M	$159.4M	$830.2M	-$60.62M	-$790.7M	-$1.432B	-$582.4M	$526.3M	$616.9M	$516.4M	$437.0M	$388.9M	$365.3M	$311.6M	$262.6M	$225.3M	$196.5M	$170.8M	$139.6M	$114.6M	$89.50M	$242.1M	$61.20M	$48.60M	$33.80M	$30.50M	$28.20M	$23.60M	$20.40M	$17.80M	$13.40M	$9.400M
YoY Change	-29.94%	-4.7%	103.5%	-33.72%	31.58%	55.54%	11.63%	9.16%	15.79%	22.5%	-80.8%	-1469.44%	-92.33%	-44.77%	145.83%	-210.66%	-14.69%	19.46%	18.17%	12.37%	6.46%	17.23%	18.66%	16.56%	14.66%	15.05%	22.35%	21.82%	28.04%	-63.03%	295.59%	25.93%	43.79%	10.82%	8.16%	19.49%	15.69%	14.61%	32.84%	42.55%
Net Earnings / Revenue	57.36%	69.11%	86.11%	44.5%	27.49%	31.87%	23.7%	24.13%	23.9%	21.02%	17.16%	82.68%	-5.31%	-59.87%	-94.87%
Basic Earnings Per Share	$3.48	$4.99	$4.95	$2.31	$3.50	$3.49	$2.19	$1.90	$1.63	$1.34	$0.93	$6.87	-$0.15	-$1.24
Diluted Earnings Per Share	$3.46	$4.948M	$4.90	$2.30	$3.47	$3.47	$2.17	$1.89	$1.62	$1.33	$0.88	$5.93	-$0.15	-$1.24	-$26.86M	-$12.39M	$11.17M	$13.32M	$11.48M	$9.865M	$8.920M	$8.495M	$7.366M	$6.405M	$5.563M	$4.962M	$4.379M	$3.703M	$3.081M	$2.432M	$6.782M	$1.913M	$1.573M	$1.134M	$1.240M	$1.205M	$1.073M	$966.8K	$851.7K	$683.7K	$508.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$365.9M	$370.6M	$819.0M	$844.0M	$869.0M	$434.0M	$427.0M	$417.0M	$445.0M	$455.0M	$469.0M	$480.0M	$487.0M	$545.0M	$580.0M	$605.0M	$547.0M	$481.0M	$669.0M	$638.0M	$579.0M	$616.0M	$573.0M	$527.0M	$437.0M	$381.0M	$297.0M	$247.0M	$220.0M	$203.0M	$175.0M	$183.0M	$172.0M	$125.0M	$79.00M	$61.00M	$56.00M	$48.00M	$45.00M	$36.00M	$26.00M
YoY Change	-1.29%	-54.75%	-2.96%	-2.88%	100.23%	1.64%	2.4%	-6.29%	-2.2%	-2.99%	-2.29%	-1.44%	-10.64%	-6.03%	-4.13%	10.6%	13.72%	-28.1%	4.86%	10.19%	-6.01%	7.5%	8.73%	20.59%	14.7%	28.28%	20.24%	12.27%	8.37%	16.0%	-4.37%	6.4%	37.6%	58.23%	29.51%	8.93%	16.67%	6.67%	25.0%	38.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$12.56M	$11.17M	$12.00M	$1.000M	$19.00M	$11.00M	$16.00M	$25.00M	$28.00M	$28.00M	$29.00M
YoY Change	12.42%	-6.9%	1100.0%	-94.74%	72.73%	-31.25%	-36.0%	-10.71%	0.0%	-3.45%
Other Assets	$510.4M	$595.3M				$141.0M	$174.0M	$410.0M	$523.0M	$635.0M	$754.0M	$816.0M	$19.00M	$2.000M	$12.00M			$1.385B
YoY Change	-14.26%					-18.97%	-57.56%	-21.61%	-17.64%	-15.78%	-7.6%	4194.74%	850.0%	-83.33%
Total Long-Term Assets
YoY Change
Total Assets	$59.81B	$59.73B	$57.32B	$54.39B	$48.20B	$32.67B	$31.22B	$30.10B	$28.79B	$27.05B	$26.20B	$26.76B	$27.16B	$30.09B	$32.83B	$35.79B	$33.06B	$31.97B	$27.62B	$25.05B	$21.63B	$19.04B	$16.66B	$14.91B	$12.55B	$10.81B	$9.260B	$8.612B	$7.928B	$7.176B	$5.627B	$5.184B	$4.935B	$3.058B	$2.555B	$1.957B	$1.760B	$1.540B	$1.328B	$1.038B	$814.0M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses				$558.0M	$384.0M
YoY Change				45.31%
Deferred Revenue
YoY Change
Short-Term Debt	$192.6M	$750.0M	$264.0M	$236.0M	$166.0M	$238.0M	$161.0M	$160.0M	$177.0M	$127.0M	$148.0M	$201.0M	$314.0M	$499.0M	$475.0M	$726.0M	$2.319B	$1.582B	$1.159B	$1.208B	$1.355B	$1.275B	$1.346B	$1.040B	$1.261B	$503.0M	$306.0M	$339.0M	$229.0M	$412.0M	$248.0M	$146.0M	$147.0M	$105.0M	$81.00M	$77.00M	$62.00M	$53.00M	$41.00M	$22.00M	$30.00M
YoY Change	-74.32%	184.08%	11.86%	42.17%	-30.25%	47.83%	0.63%	-9.6%	39.37%	-14.19%	-26.37%	-35.99%	-37.07%	5.05%	-34.57%	-68.69%	46.59%	36.5%	-4.06%	-10.85%	6.27%	-5.27%	29.42%	-17.53%	150.7%	64.38%	-9.73%	48.03%	-44.42%	66.13%	69.86%	-0.68%	40.0%	29.63%	5.19%	24.19%	16.98%	29.27%	86.36%	-26.67%
Long-Term Debt Due				$1.000M
YoY Change
Total Short-Term Liabilities	$192.6M	$750.0M	$264.0M	$559.0M	$384.0M	$238.0M	$161.0M	$160.0M	$177.0M	$127.0M	$148.0M	$201.0M	$314.0M	$499.0M	$475.0M	$726.0M	$2.319B	$1.582B	$1.159B	$1.208B	$1.355B	$1.275B	$1.346B	$1.040B	$1.261B	$503.0M	$306.0M	$339.0M	$229.0M	$412.0M	$248.0M	$146.0M	$147.0M	$105.0M	$81.00M	$77.00M	$62.00M	$53.00M	$41.00M	$22.00M	$30.00M
YoY Change	-74.32%	184.08%	-52.77%	45.57%	61.34%	47.83%	0.63%	-9.6%	39.37%	-14.19%	-26.37%	-35.99%	-37.07%	5.05%	-34.57%	-68.69%	46.59%	36.5%	-4.06%	-10.85%	6.27%	-5.27%	29.42%	-17.53%	150.7%	64.38%	-9.73%	48.03%	-44.42%	66.13%	69.86%	-0.68%	40.0%	29.63%	5.19%	24.19%	16.98%	29.27%	86.36%	-26.67%
Long-Term Debt	$1.933B	$4.110B	$1.204B	$1.203B	$858.0M	$557.0M	$556.0M	$836.0M	$962.0M	$764.0M	$768.0M	$1.726B	$1.365B	$1.808B	$708.0M	$789.0M	$779.0M	$776.0M	$770.0M	$523.0M	$555.0M	$275.0M	$275.0M	$277.0M	$77.00M	$78.00M	$81.00M	$81.00M	$81.00M	$140.0M	$130.0M	$132.0M	$110.0M	$30.00M	$25.00M	$9.000M	$10.00M	$10.00M	$12.00M	$19.00M	$15.00M
YoY Change	-52.98%	241.33%	0.08%	40.21%	54.04%	0.18%	-33.49%	-13.1%	25.92%	-0.52%	-55.5%	26.45%	-24.5%	155.37%	-10.27%	1.28%	0.39%	0.78%	47.23%	-5.77%	101.82%	0.0%	-0.72%	259.74%	-1.28%	-3.7%	0.0%	0.0%	-42.14%	7.69%	-1.52%	20.0%	266.67%	20.0%	177.78%	-10.0%	0.0%	-16.67%	-36.84%	26.67%
Other Long-Term Liabilities	$1.801B	$1.524B	$1.125B	$543.0M	$394.0M	$270.0M	$245.0M	$207.0M	$186.0M	$211.0M	$195.0M	$206.0M	$245.0M	$261.0M	$300.0M	$517.0M	$453.0M	$803.0M	$598.0M	$576.0M	$373.0M	$338.0M	$316.0M	$368.0M	$236.0M	$215.0M	$174.0M	$155.0M	$142.0M	$97.00M	$79.00M	$68.00M	$67.00M	$48.00M	$39.00M	$26.00M	$29.00M	$25.00M	$22.00M	$17.00M	$16.00M
YoY Change	18.15%	35.51%	107.18%	37.82%	45.93%	10.2%	18.36%	11.29%	-11.85%	8.21%	-5.34%	-15.92%	-6.13%	-13.0%	-41.97%	14.13%	-43.59%	34.28%	3.82%	54.42%	10.36%	6.96%	-14.13%	55.93%	9.77%	23.56%	12.26%	9.15%	46.39%	22.78%	16.18%	1.49%	39.58%	23.08%	50.0%	-10.34%	16.0%	13.64%	29.41%	6.25%
Total Long-Term Liabilities	$3.734B	$5.634B	$2.329B	$1.746B	$1.252B	$827.0M	$801.0M	$1.043B	$1.148B	$975.0M	$963.0M	$1.932B	$1.610B	$2.069B	$1.008B	$1.306B	$1.232B	$1.579B	$1.368B	$1.099B	$928.0M	$613.0M	$591.0M	$645.0M	$313.0M	$293.0M	$255.0M	$236.0M	$223.0M	$237.0M	$209.0M	$200.0M	$177.0M	$78.00M	$64.00M	$35.00M	$39.00M	$35.00M	$34.00M	$36.00M	$31.00M
YoY Change	-33.73%	141.91%	33.39%	39.46%	51.39%	3.25%	-23.2%	-9.15%	17.74%	1.25%	-50.16%	20.0%	-22.18%	105.26%	-22.82%	6.01%	-21.98%	15.42%	24.48%	18.43%	51.39%	3.72%	-8.37%	106.07%	6.83%	14.9%	8.05%	5.83%	-5.91%	13.4%	4.5%	12.99%	126.92%	21.88%	82.86%	-10.26%	11.43%	2.94%	-5.56%	16.13%
Total Liabilities	$54.69B	$55.26B	$52.02B	$49.23B	$43.26B	$29.54B	$28.26B	$27.18B	$25.79B	$24.01B	$23.25B	$23.19B	$24.34B	$27.10B	$29.98B	$32.00B	$29.62B	$28.26B	$24.67B	$22.41B	$19.39B	$17.00B	$14.96B	$13.49B	$11.32B	$9.700B	$8.357B	$7.829B	$7.234B	$6.596B	$5.151B	$4.768B	$4.562B	$2.823B	$2.353B	$1.794B	$1.616B	$1.421B	$1.230B	$959.0M	$748.0M
YoY Change	-1.02%	6.22%	5.66%	13.8%	46.47%	4.52%	3.99%	5.37%	7.43%	3.25%	0.27%	-4.7%	-10.19%	-9.62%	-6.31%	8.02%	4.83%	14.54%	10.09%	15.58%	14.08%	13.6%	10.89%	19.18%	16.7%	16.07%	6.74%	8.23%	9.67%	28.05%	8.03%	4.52%	61.6%	19.97%	31.16%	11.01%	13.72%	15.53%	28.26%	28.21%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	146.1M shares	145.4M shares	147.0M shares	147.4M shares	154.3M shares	117.6M shares	121.2M shares	124.4M shares	132.4M shares	138.5M shares	127.5M shares	112.4M shares	785.3M shares	685.2M shares
Diluted Shares Outstanding	146.7M shares	146.5M shares	148.5M shares	148.2M shares	156.1M shares	118.4M shares	122.0M shares	125.1M shares	133.2M shares	139.2M shares	134.2M shares	130.0M shares	785.3M shares	685.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $7.8865 Billion

About SYNOVUS FINANCIAL CORP

Synovus Financial Corp. is a bank holding company, which engages in the provision of financial services. The company is headquartered in Columbus, Georgia and currently employs 4,728 full-time employees. The company conducts its banking operations through Synovus Bank (the Bank). The Bank operates primarily throughout Alabama, Florida, Georgia, South Carolina, and Tennessee. The firm's segments include Wholesale Banking, Community Banking, Consumer Banking, Financial Management Services and Treasury and Corporate Other. Its commercial banking services include commercial, financial, and real estate lending, treasury management, asset management, capital markets services, and institutional trust services. Its consumer banking services include 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 operates approximately 246 branches and 354 ATMs across its footprint.

Industry: National Commercial Banks Peers: BOK FINANCIAL CORP FIRST FINANCIAL BANKSHARES INC SouthState Corp GLACIER BANCORP, INC. OLD NATIONAL BANCORP /IN/ PNC FINANCIAL SERVICES GROUP, INC. UNITED BANKSHARES INC/WV VALLEY NATIONAL BANCORP WINTRUST FINANCIAL CORP