SYNOVUS FINANCIAL CORP (SNV)
US87161C5013 - Common Stock
Taking everything into account, SNV scores 3 out of 10 in our fundamental rating. SNV was compared to 406 industry peers in the Banks industry. Both the profitability and financial health of SNV have multiple concerns. SNV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SNV had positive earnings in the past year.
SNV had a positive operating cash flow in the past year.
In the past 5 years SNV has always been profitable.
Each year in the past 5 years SNV had a positive operating cash flow.
1.2 Ratios
The Return On Assets of SNV (0.54%) is worse than 69.31% of its industry peers.
With a Return On Equity value of 6.00%, SNV is not doing good in the industry: 68.56% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 6% | ||
| ROIC | N/A |
ROA(3y)1.11%
ROA(5y)1.02%
ROE(3y)13.28%
ROE(5y)11.48%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SNV has a Profit Margin of 16.94%. This is in the lower half of the industry: SNV underperforms 68.81% of its industry peers.
SNV's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for SNV so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.94% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y10.9%
PM growth 5Y-4.35%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SNV does not have a ROIC to compare to the WACC, probably because it is not profitable.
SNV has more shares outstanding than it did 1 year ago.
SNV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SNV has an improved debt to assets ratio.
2.2 Solvency
SNV has a debt to FCF ratio of 2.75. This is a good value and a sign of high solvency as SNV would need 2.75 years to pay back of all of its debts.
SNV has a Debt to FCF ratio (2.75) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.39 indicates that SNV is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.39, SNV is doing worse than 72.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 2.75 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.38%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SNV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.91%.
Measured over the past 5 years, SNV shows a small growth in Earnings Per Share. The EPS has been growing by 4.64% on average per year.
SNV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.31%.
The Revenue has been growing by 9.10% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.91%
EPS 3Y22.13%
EPS 5Y4.64%
EPS Q2Q%46.43%
Revenue 1Y (TTM)-18.31%
Revenue growth 3Y3.02%
Revenue growth 5Y9.1%
Sales Q2Q%2.62%
3.2 Future
SNV is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.49% yearly.
Based on estimates for the next years, SNV will show a small growth in Revenue. The Revenue will grow by 3.09% on average per year.
EPS Next Y0.53%
EPS Next 2Y3.04%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue Next Year-7.07%
Revenue Next 2Y1.69%
Revenue Next 3Y3.09%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SNV is valuated reasonably with a Price/Earnings ratio of 11.68.
68.32% of the companies in the same industry are more expensive than SNV, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.73. SNV is valued rather cheaply when compared to this.
SNV is valuated reasonably with a Price/Forward Earnings ratio of 10.80.
Based on the Price/Forward Earnings ratio, SNV is valued a bit cheaper than the industry average as 64.60% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.83. SNV is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
SNV's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SNV is cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SNV does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)21.98
PEG (5Y)2.52
EPS Next 2Y3.04%
EPS Next 3Y6.49%
5. Dividend
5.1 Amount
SNV has a Yearly Dividend Yield of 3.06%.
Compared to an average industry Dividend Yield of 3.15, SNV has a dividend in line with its industry peers.
SNV's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
5.2 History
On average, the dividend of SNV grows each year by 11.02%, which is quite nice.
SNV has been paying a dividend for at least 10 years, so it has a reliable track record.
SNV has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)11.02%
Div Incr Years2
Div Non Decr Years8
5.3 Sustainability
SNV pays out 81.09% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SNV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP81.09%
EPS Next 2Y3.04%
EPS Next 3Y6.49%
SYNOVUS FINANCIAL CORP
NYSE:SNV (12/20/2024, 8:04:00 PM)
After market: 50.35 0 (0%)50.35
+0.67 (+1.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners87.47%
Inst Owner Change-4.33%
Ins Owners0.54%
Ins Owner Change-0.95%
Market Cap7.13B
Analysts77
Price Target59.1 (17.38%)
Short Float %2.02%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
Dividend Growth(5Y)11.02%
DP81.09%
Div Incr Years2
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.27%
Min EPS beat(2)11.63%
Max EPS beat(2)32.91%
EPS beat(4)3
Avg EPS beat(4)11.9%
Min EPS beat(4)-13.76%
Max EPS beat(4)32.91%
EPS beat(8)4
Avg EPS beat(8)6.19%
EPS beat(12)8
Avg EPS beat(12)7.4%
EPS beat(16)12
Avg EPS beat(16)11.06%
Revenue beat(2)0
Avg Revenue beat(2)-14.71%
Min Revenue beat(2)-29.35%
Max Revenue beat(2)-0.07%
Revenue beat(4)0
Avg Revenue beat(4)-9.64%
Min Revenue beat(4)-29.35%
Max Revenue beat(4)-0.07%
Revenue beat(8)2
Avg Revenue beat(8)-4.93%
Revenue beat(12)4
Avg Revenue beat(12)-3.14%
Revenue beat(16)6
Avg Revenue beat(16)-2.23%
PT rev (1m)6.19%
PT rev (3m)15.53%
EPS NQ rev (1m)0.62%
EPS NQ rev (3m)8.75%
EPS NY rev (1m)0.19%
EPS NY rev (3m)4.47%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.8 | ||
| P/S | 3.76 | ||
| P/FCF | 9.26 | ||
| P/OCF | 8.63 | ||
| P/B | 1.33 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.31
EY8.56%
EPS(NY)4.66
Fwd EY9.26%
FCF(TTM)5.44
FCFY10.8%
OCF(TTM)5.83
OCFY11.59%
SpS13.39
BVpS37.81
TBVpS34.15
PEG (NY)21.98
PEG (5Y)2.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 6% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.94% | ||
| GM | N/A | ||
| FCFM | 40.6% |
ROA(3y)1.11%
ROA(5y)1.02%
ROE(3y)13.28%
ROE(5y)11.48%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y10.9%
PM growth 5Y-4.35%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 2.75 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 72.35% | ||
| Cap/Sales | 2.95% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 239.73% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC14.38%
ROIC/WACCN/A
Cap/Depr(3y)31.48%
Cap/Depr(5y)175.67%
Cap/Sales(3y)1.38%
Cap/Sales(5y)1.75%
Profit Quality(3y)170.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.91%
EPS 3Y22.13%
EPS 5Y4.64%
EPS Q2Q%46.43%
EPS Next Y0.53%
EPS Next 2Y3.04%
EPS Next 3Y6.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.31%
Revenue growth 3Y3.02%
Revenue growth 5Y9.1%
Sales Q2Q%2.62%
Revenue Next Year-7.07%
Revenue Next 2Y1.69%
Revenue Next 3Y3.09%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y44.26%
FCF growth 3YN/A
FCF growth 5Y20.86%
OCF growth 1Y47.17%
OCF growth 3Y322.56%
OCF growth 5Y18.97%