Synovus Financial Corp. (NYSE: SNV) is one of 314 public companies in the “Banks” industry, but how does it weigh in compared to its rivals? We will compare Synovus Financial Corp. to similar companies based on the strength of its dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
This table compares Synovus Financial Corp. and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Synovus Financial Corp.||21.39%||10.44%||0.97%|
|Synovus Financial Corp. Competitors||18.71%||8.65%||0.93%|
This is a summary of recent recommendations and price targets for Synovus Financial Corp. and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Synovus Financial Corp.||0||9||5||0||2.36|
|Synovus Financial Corp. Competitors||2125||8390||8443||329||2.36|
Synovus Financial Corp. presently has a consensus target price of $44.70, indicating a potential downside of 3.27%. As a group, “Banks” companies have a potential downside of 1.74%. Given Synovus Financial Corp.’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Synovus Financial Corp. has less favorable growth aspects than its rivals.
Insider and Institutional Ownership
78.7% of Synovus Financial Corp. shares are held by institutional investors. Comparatively, 51.8% of shares of all “Banks” companies are held by institutional investors. 1.5% of Synovus Financial Corp. shares are held by company insiders. Comparatively, 10.5% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility and Risk
Synovus Financial Corp. has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500. Comparatively, Synovus Financial Corp.’s rivals have a beta of 0.80, indicating that their average stock price is 20% less volatile than the S&P 500.
Earnings and Valuation
This table compares Synovus Financial Corp. and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Synovus Financial Corp.||$1.30 billion||$246.78 million||18.63|
|Synovus Financial Corp. Competitors||$5.50 billion||$822.45 million||364.03|
Synovus Financial Corp.’s rivals have higher revenue and earnings than Synovus Financial Corp.. Synovus Financial Corp. is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Synovus Financial Corp. pays an annual dividend of $0.60 per share and has a dividend yield of 1.3%. Synovus Financial Corp. pays out 24.2% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 35.3% of their earnings in the form of a dividend. Synovus Financial Corp. has increased its dividend for 3 consecutive years.
Synovus Financial Corp. rivals beat Synovus Financial Corp. on 9 of the 15 factors compared.
About Synovus Financial Corp.
Synovus Financial Corp. is a financial services company and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services, to its customers through locally branded banking divisions of its subsidiary bank, Synovus Bank (the Bank), and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. The Bank offers commercial banking services and retail banking services. The Bank’s commercial banking services include cash management, asset management, capital markets services, institutional trust services, and commercial, financial and real estate loans. Its retail banking services include mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services, including MasterCard and Visa services.
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