Synovus Historical Income Statement
| SNV Stock | USD 34.91 1.01 2.98% |
Historical analysis of Synovus Financial income statement accounts such as Total Operating Expenses of 1.4 B, Net Income of 570.9 M, Income Tax Expense of 83.7 M or Interest Expense of 1.3 B can show how well Synovus Financial Corp performed in making a profits. Evaluating Synovus Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Synovus Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Synovus Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Synovus Financial Corp is a good buy for the upcoming year.
Synovus |
About Synovus Income Statement Analysis
Synovus Financial Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Synovus Financial shareholders. The income statement also shows Synovus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Synovus Financial Income Statement Chart
Synovus Financial Corp Income Statement is one of the three primary financial statements used for reporting Synovus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Synovus Financial Corp revenue and expense. Synovus Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Synovus Financial's Selling And Marketing Expenses is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 84.1 M in 2024, whereas EBIT is likely to drop slightly above 580.3 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Synovus Financial Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Synovus Financial Corp minus its cost of goods sold. It is profit before Synovus Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Synovus Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Synovus Financial Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Synovus Financial's Selling And Marketing Expenses is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 84.1 M in 2024, whereas EBIT is likely to drop slightly above 580.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 1.1B | 1.3B | 2.7B | 2.8B | EBIT | 989.4M | 1.2B | 858.7M | 580.3M |
Synovus Financial income statement Correlations
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Synovus Financial Account Relationship Matchups
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Synovus Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 1.2B | (1.5B) | (993.7M) | 155.9M | 1.3B | 1.4B | |
| Operating Income | 765.0M | 484.7M | 989.4M | 1.2B | 858.7M | 633.2M | |
| Ebit | 765.0M | 484.7M | 989.4M | 1.2B | 858.7M | 580.3M | |
| Ebitda | 776.6M | 495.2M | 1.1B | 1.3B | 2.7B | 2.8B | |
| Total Operating Expenses | (1.2B) | (1.5B) | (993.7M) | 155.9M | 1.3B | 1.4B | |
| Net Income | 563.8M | 373.7M | 760.5M | 757.9M | 543.7M | 570.9M | |
| Income Tax Expense | 201.2M | 111.0M | 228.9M | 206.3M | 154.0M | 83.7M | |
| Interest Expense | 454.8M | 291.7M | 120.4M | 278.9M | 1.2B | 1.3B | |
| Total Revenue | 1.9B | 2.0B | 2.0B | 2.2B | 2.0B | 1.5B | |
| Gross Profit | 1.8B | 1.7B | 1.7B | 1.9B | 1.7B | 1.5B | |
| Income Before Tax | 765.0M | 484.7M | 989.4M | 964.2M | 696.2M | 731.0M | |
| Total Other Income Expense Net | (1.1B) | (953.0M) | (329.8M) | (278.9M) | (162.5M) | (170.6M) | |
| Depreciation And Amortization | 11.6M | 10.6M | 158.0M | 69.2M | 1.8B | 1.9B | |
| Selling General Administrative | 601.7M | 643.4M | 671.8M | 710.8M | 39.9M | 37.9M | |
| Cost Of Revenue | 141.8M | 310.0M | 301.4M | 330.6M | 318.0M | 403.6M | |
| Net Income Applicable To Common Shares | 540.9M | 340.5M | 727.3M | 724.7M | 833.4M | 875.1M | |
| Net Income From Continuing Ops | 563.8M | 373.7M | 760.5M | 757.9M | 678.3M | 394.5M | |
| Selling And Marketing Expenses | 20.9M | 21.4M | 14.4M | 994.6M | 1.1B | 1.2B | |
| Tax Provision | 201.2M | 111.0M | 228.9M | 206.3M | 187.4M | 187.3M | |
| Net Interest Income | 1.6B | 1.5B | 1.5B | 1.8B | 1.9B | 1.5B | |
| Interest Income | 2.1B | 1.8B | 1.7B | 2.1B | 2.9B | 1.8B | |
| Reconciled Depreciation | 8.1M | 106.1M | 158.0M | 69.2M | 79.4M | 84.1M |
Synovus Financial Investors Sentiment
The influence of Synovus Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Synovus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Synovus Financial's public news can be used to forecast risks associated with an investment in Synovus. The trend in average sentiment can be used to explain how an investor holding Synovus can time the market purely based on public headlines and social activities around Synovus Financial Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Synovus Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Synovus Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Synovus Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Synovus Financial.
Synovus Financial Implied Volatility | 113.2 |
Synovus Financial's implied volatility exposes the market's sentiment of Synovus Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Synovus Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Synovus Financial stock will not fluctuate a lot when Synovus Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Synovus Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Synovus Financial's short interest history, or implied volatility extrapolated from Synovus Financial options trading.
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When determining whether Synovus Financial Corp is a strong investment it is important to analyze Synovus Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synovus Financial's future performance. For an informed investment choice regarding Synovus Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Synovus Financial's price analysis, check to measure Synovus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.
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Is Synovus Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synovus Financial. If investors know Synovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synovus Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 1.14 | Earnings Share 3.46 | Revenue Per Share 13.238 | Quarterly Revenue Growth (0.17) |
The market value of Synovus Financial Corp is measured differently than its book value, which is the value of Synovus that is recorded on the company's balance sheet. Investors also form their own opinion of Synovus Financial's value that differs from its market value or its book value, called intrinsic value, which is Synovus Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synovus Financial's market value can be influenced by many factors that don't directly affect Synovus Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synovus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synovus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synovus Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.