Synovus Financial Corp. | Mid-cap | Financial Services
$44.95
-5.27%
| Synovus Financial Stock Comparison:
Synovus Financial vs Nu HoldingsSynovus Financial vs U.S. BancorpSynovus Financial vs Webster FinancialSynovus Financial vs Western AllianceSynovus Financial vs UMB FinancialSynovus Financial vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 568.6M
Net Income 194.9M 34.27%
EPS (Diluted) $1.30

Balance Sheet Metrics

Total Assets 60.3B
Total Liabilities 54.9B
Shareholders Equity 5.4B
Debt to Equity 10.15

Cash Flow Metrics

Operating Cash Flow 183.3M
Free Cash Flow 176.7M

Revenue & Profitability Trend

Synovus Financial Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.0B 2.2B 2.2B 2.0B 2.0B
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 783.4M 823.1M 710.8M 671.8M 643.4M
Other Operating Expenses i - - - - -
Total Operating Expenses i 783.4M 823.1M 710.8M 671.8M 643.4M
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 605.0M 696.2M 964.2M 989.4M 484.7M
Income Tax i 125.5M 154.0M 206.3M 228.9M 111.0M
Effective Tax Rate % i 20.7% 22.1% 21.4% 23.1% 22.9%
Net Income i 479.5M 542.1M 757.9M 760.5M 373.7M
Net Margin % i 24.2% 25.2% 34.4% 38.3% 18.5%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $3.05 $3.48 $4.99 $4.95 $2.31
EPS (Diluted) i $3.03 $3.46 $4.95 $4.90 $2.30
Basic Shares Outstanding i 144164000 146115000 145364000 147041000 147415000
Diluted Shares Outstanding i 144164000 146115000 145364000 147041000 147415000

Income Statement Trend

Synovus Financial Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 3.0B 2.4B 1.9B 2.9B 4.1B
Short-term Investments i 7.6B 9.8B 9.7B 10.9B 8.0B
Accounts Receivable i 699.8M 480.0M 378.7M 227.0M 266.2M
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i 429.5M 473.0M 421.5M 411.5M 380.4M
Goodwill i 995.2M 1.0B 931.9M 940.4M 949.9M
Intangible Assets i 34.3M 45.9M 27.1M 35.6M 45.1M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 60.2B 59.8B - - -
Liabilities
Current Liabilities
Accounts Payable i - - - - -
Short-term Debt i 0 0 600.0M 0 0
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 1.7B 1.2B 834.6M 1.2B 1.2B
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 55.0B - - - -
Equity
Common Stock i 172.2M 171.4M 170.1M 169.4M 168.1M
Retained Earnings i 2.7B 2.5B 2.2B 1.7B 1.2B
Treasury Stock i 1.2B 944.5M 944.5M 931.5M 731.8M
Other Equity - - - - -
Total Shareholders Equity i 5.3B 5.1B 4.5B 5.3B 5.2B
Key Metrics
Total Debt i 1.7B 1.2B 1.4B 1.2B 1.2B
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Synovus Financial Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 479.5M 542.1M 757.9M 760.5M 373.7M
Depreciation & Amortization i 60.4M 93.5M 69.2M 113.6M 69.6M
Stock-Based Compensation i 32.0M 32.2M 27.9M 27.8M 18.6M
Working Capital Changes i -123.9M -41.5M -104.2M -56.0M -93.3M
Operating Cash Flow i 437.3M 981.1M 1.1B 942.0M -191.9M
Investing Activities
Capital Expenditures i -56.2M -32.2M -30.1M -26.0M -30.1M
Acquisitions i 0 8.4M 0 0 0
Investment Purchases i -2.6B -2.2B -2.3B -6.9B -6.0B
Investment Sales i 2.2B 2.2B 2.0B 3.6B 4.9B
Investing Cash Flow i -475.2M 208.1M -423.7M -3.2B -1.2B
Financing Activities
Share Repurchases i -272.3M 0 -13.0M -199.9M -16.2M
Dividends Paid i -260.8M -252.0M -229.3M -227.8M -223.1M
Debt Issuance i 1.6B 3.2B 3.6B 0 1.4B
Debt Repayment i -1.8B -5.4B -700.0M 0 -2.4B
Financing Cash Flow i -739.9M -3.0B 3.3B -436.4M -3.0B
Free Cash Flow i 764.9M 1.3B 1.2B 768.1M -13.1M
Net Change in Cash i -777.8M -1.8B 4.0B -2.7B -4.3B

Cash Flow Trend

Synovus Financial Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.20
Forward P/E 10.32
Price to Book 1.30
Price to Sales 3.00
PEG Ratio -0.01

Profitability Ratios

Profit Margin 35.04%
Operating Margin 47.82%
Return on Equity 14.60%
Return on Assets 1.30%

Financial Health

Debt to Equity 0.73
Beta 1.22

Per Share Data

EPS (TTM) $5.18
Book Value per Share $36.61
Revenue per Share $15.88

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
snv 6.7B 9.20 1.30 14.60% 35.04% 0.73
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
Webster Financial 9.8B 11.96 1.09 9.44% 34.45% 0.52
Western Alliance 9.2B 11.30 1.37 12.42% 27.12% 0.93
UMB Financial 9.0B 13.41 1.31 10.05% 27.11% 0.51

Financial data is updated regularly. All figures are in the company's reporting currency.