SYNOVUS FINANCIAL CORP (SNV)
US87161C5013 - Common Stock
We assign a fundamental rating of 3 out of 10 to SNV. SNV was compared to 407 industry peers in the Banks industry. SNV has a bad profitability rating. Also its financial health evaluation is rather negative. SNV has a valuation in line with the averages, but it does not seem to be growing.
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.
SNV had positive earnings in each of the past 5 years.
In the past 5 years SNV always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SNV (0.72%) is comparable to the rest of the industry.
With a Return On Equity value of 8.54%, SNV perfoms like the industry average, outperforming 48.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 8.54% | ||
| 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 worse Profit Margin (19.99%) than 64.62% of its industry peers.
SNV's Profit Margin has declined in the last couple of years.
SNV does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 19.99% | ||
| 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.
The number of shares outstanding for SNV has been increased compared to 5 years ago.
Compared to 1 year ago, SNV has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of SNV is 2.66, which is a good value as it means it would take SNV, 2.66 years of fcf income to pay off all of its debts.
SNV has a Debt to FCF ratio (2.66) which is comparable to the rest of the industry.
SNV has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SNV (0.48) is worse than 70.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.66 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.26%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for SNV have decreased strongly by -24.32% in the last year.
SNV shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.64% yearly.
Looking at the last year, SNV shows a very negative growth in Revenue. The Revenue has decreased by -20.03% in the last year.
Measured over the past years, SNV shows a quite strong growth in Revenue. The Revenue has been growing by 9.10% on average per year.
EPS 1Y (TTM)-24.32%
EPS 3Y22.13%
EPS 5Y4.64%
EPS Q2Q%0%
Revenue 1Y (TTM)-20.03%
Revenue growth 3Y3.02%
Revenue growth 5Y9.1%
Sales Q2Q%-46.08%
3.2 Future
The Earnings Per Share is expected to grow by 5.45% on average over the next years.
The Revenue is expected to grow by 3.58% on average over the next years.
EPS Next Y-11.96%
EPS Next 2Y1.11%
EPS Next 3Y5.45%
EPS Next 5YN/A
Revenue Next Year-5.04%
Revenue Next 2Y2.1%
Revenue Next 3Y3.58%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
Based on the Price/Earnings ratio of 12.15, the valuation of SNV can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as SNV.
SNV is valuated cheaply when we compare the Price/Earnings ratio to 24.41, which is the current average of the S&P500 Index.
SNV is valuated reasonably with a Price/Forward Earnings ratio of 10.61.
Based on the Price/Forward Earnings ratio, SNV is valued a bit cheaper than 66.34% of the companies in the same industry.
SNV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 10.61 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SNV is valued a bit cheaper than 79.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.62
EPS Next 2Y1.11%
EPS Next 3Y5.45%
5. Dividend
5.1 Amount
SNV has a Yearly Dividend Yield of 3.32%.
Compared to an average industry Dividend Yield of 3.36, SNV pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, SNV pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
5.2 History
On average, the dividend of SNV grows each year by 11.02%, which is quite nice.
SNV has paid a dividend for at least 10 years, which is 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
60.57% of the earnings are spent on dividend by SNV. 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.
DP60.57%
EPS Next 2Y1.11%
EPS Next 3Y5.45%
SYNOVUS FINANCIAL CORP
NYSE:SNV (7/26/2024, 7:04:00 PM)
After market: 47.7 +0.08 (+0.17%)47.62
+0.84 (+1.8%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.97B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 10.61 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 8.54% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 19.99% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-24.32%
EPS 3Y22.13%
EPS 5Y
EPS Q2Q%
EPS Next Y-11.96%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-20.03%
Revenue growth 3Y3.02%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y