Is Synovus Financial (Synovus) stock a good value?
Synovus Financial Corp. () Stock Market info Recommendations: Buy or sell Synovus Financial stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Synovus Financial share forecasts, stock quote and buy / sell signals below.According to present data Synovus Financial's SNV shares and potentially its market environment have been in a bullish …
When do Synovus Financial's earnings call for 2021?
Nov 18, 2021 · A month has gone by since the last earnings report for Synovus Financial (SNV). Shares have lost about 0.9% in that time frame, underperforming the S&P 500.
How often are the SNV stock predictions updated?
Compare SNV Stock to Peers. Symbol Last Price Market Cap % Δ 1 Yr % Δ 5 Yr; SNV. Synovus Financial $50.16 $7B 16.4% 45.3% SIVB. SVB Financial Group $566.83 ...
Is Synovus stock a good buy?
Synovus Financial has received a consensus rating of Buy.
Is SNV a buy or sell?
According to the issued ratings of 7 analysts in the last year, the consensus rating for Synovus Financial stock is Buy based on the current 7 buy ratings for SNV.
What bank did Synovus take over?
Milestones1888G. Gunby Jordan initiated the establishment of two banks: Third National Bank and The Columbus Savings Bank.2007TSYS was spun off into a separate company, effective December 31, 2007.2010Synovus consolidated 30 bank charters into one. Kessel Stelling named President and CEO.21 more rows
Who is Synovus owned by?
The Synovus Financial Corporation, formerly the Columbus Bank and Trust Company, is a financial services company with approximately $45 billion in assets based in Columbus, Georgia....Synovus.TypePublicFounded1888HeadquartersColumbus, Georgia, USAKey peopleKevin Blair, Chairman/CEOProductsFinancial Services9 more rows
Is SNV a good buy?
The consensus among 8 Wall Street analysts covering (NYSE: SNV) stock is to Strong Buy SNV stock.
How do I contact Synovus?
Call 1-888-SYNOVUS (796-6887) and say “Credit Card” to speak to a Customer Service representative.
How good is Synovus Bank?
At a SmartAsset rating of 3.9 stars out of 5, Synovus Bank should be near the middle of the pack in your search for a bank. Synovus Bank has a complete array of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards.Feb 22, 2021
Is Citizen bank Black Owned?
Citizens Trust Company became the first African-American owned bank in the United States to become a member of the Federal Deposit Insurance Corporation (FDIC).
Does Synovus have Zelle?
You can send, request, or receive money with Zelle®. To get started, log into My Synovus online or via the mobile app and select “Send Money with Zelle®”. Enter your email address or U.S. mobile phone number, accept terms and conditions, and you're ready to start sending and receiving with Zelle®.
Is Synovus Bank FDIC insured?
General Information Balances in the Deposit Accounts (principal plus accrued interest) are insured by the FDIC, an independent agency of the U.S. Government, up to $250,000 per depositor in each insurable capacity at Synovus Bank.
Who bought Florida community bank?
In January 2010, Florida Community Bank was purchased by Bond Street Holdings Inc, a Weston-based holding company with over $740 million in capital. The acquisition allowed the new Florida Community Bank to leverage its name and presence throughout the state of Florida.
Is Florida Community Bank now Synovus?
Effective January 1, 2019, Florida Community Bank merged into Synovus Bank. Transition of FCB systems, customers, branches, and branding to Synovus is expected during the second quarter of 2019.Jan 2, 2019
New York Stock Exchange
A registered bank holding company that provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through bank subsidiaries.
Environmental, Social, and Governance Rating
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Business Summary
A registered bank holding company that provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through bank subsidiaries.
What does a high score mean on Synovus Financial?
Stockchase rating for Synovus Financial is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Where is Synovus Financial Corporation located?
The Synovus Financial Corporation is a financial services company with approximately $27 billion in assets based in Columbus, Georgia. This company began with its original name " Columbus Bank and Trust Company".
SNV Stock Overview
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services.
Valuation
Is Synovus Financial undervalued compared to its fair value and its price relative to the market?
Future Growth
How is Synovus Financial forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Financial Health
How is Synovus Financial's financial position? (This company is analysed differently as a bank or financial institution)
Dividend
What is Synovus Financial current dividend yield, its reliability and sustainability?
Management
How experienced are the management team and are they aligned to shareholders interests?
Ownership
Who are the major shareholders and have insiders been buying or selling?
Earnings came in better than expected
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
What happened
Shares of Synovus Financial ( NYSE:SNV) climbed 13% on Tuesday after the regional banking company reported better-than-expected second quarter earnings. Bank stocks typically struggle during periods of economic turbulence and low interest rates, but Synovus held its own through the worst of the coronavirus pandemic.
So what
Before markets opened Tuesday, Synovus reported second quarter adjusted earnings of $0.23 per share on revenue of $550.9 million, easily topping consensus expectations for $0.05 per share in earnings on sales of $445.18 million.
Now what
Going into earnings, analysts were bracing for the worst, with Synovus late last week downgraded by RBC Capital on fears that higher credit losses would lead to an eventual dividend cut.
