Synovus Net Income vs Ebit Analysis

SNV Stock  USD 37.51  1.11  3.05%   
Synovus Financial financial indicator trend analysis is much more than just breaking down Synovus Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synovus Financial Corp is a good investment. Please check the relationship between Synovus Financial Net Income and its Ebit accounts. 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.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synovus Financial Corp Net Income account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Synovus Financial's Net Income and Ebit is 0.63. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Synovus Financial Corp, assuming nothing else is changed. The correlation between historical values of Synovus Financial's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Synovus Financial Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Synovus Financial's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Synovus Financial Corp financial statement analysis. It represents the amount of money remaining after all of Synovus Financial Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Synovus Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 3.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 37.9 M in 2024.
 2021 2022 2023 2024 (projected)
EBITDA1.1B1.3B2.7B2.8B
EBIT989.4M1.2B858.7M580.3M

Synovus Financial fundamental ratios Correlations

0.520.580.070.10.860.580.110.53-0.07-0.190.50.61-0.110.510.270.240.150.770.3-0.09-0.090.240.610.410.42
0.520.42-0.35-0.280.810.55-0.120.590.60.420.120.460.541.0-0.43-0.50.850.860.93-0.35-0.350.650.880.280.98
0.580.42-0.12-0.120.460.230.77-0.06-0.1-0.220.580.35-0.060.42-0.140.180.310.520.3-0.2-0.2-0.150.40.870.32
0.07-0.35-0.120.79-0.270.370.12-0.310.050.19-0.09-0.540.13-0.350.770.58-0.39-0.09-0.430.20.2-0.65-0.41-0.08-0.43
0.1-0.28-0.120.79-0.230.40.08-0.260.130.27-0.19-0.540.2-0.290.570.73-0.40.02-0.310.310.31-0.6-0.37-0.02-0.35
0.860.810.46-0.27-0.230.61-0.130.750.230.060.280.680.140.8-0.13-0.230.50.830.65-0.23-0.220.620.890.220.76
0.580.550.230.370.40.61-0.10.390.650.63-0.22-0.140.640.540.060.060.340.640.460.020.030.10.54-0.040.46
0.11-0.120.770.120.08-0.13-0.1-0.68-0.25-0.280.4-0.1-0.15-0.110.010.40.00.0-0.14-0.14-0.15-0.62-0.160.72-0.19
0.530.59-0.06-0.31-0.260.750.39-0.680.160.090.080.60.060.59-0.13-0.380.270.540.480.010.010.790.69-0.140.59
-0.070.6-0.10.050.130.230.65-0.250.160.95-0.59-0.370.990.6-0.41-0.430.690.410.69-0.16-0.150.260.4-0.220.61
-0.190.42-0.220.190.270.060.63-0.280.090.95-0.64-0.560.950.42-0.3-0.290.460.270.530.010.020.090.21-0.350.43
0.50.120.58-0.09-0.190.28-0.220.40.08-0.59-0.640.63-0.60.130.250.19-0.080.28-0.07-0.23-0.230.030.210.610.07
0.610.460.35-0.54-0.540.68-0.14-0.10.6-0.37-0.560.63-0.470.46-0.06-0.240.240.470.32-0.25-0.250.640.580.350.47
-0.110.54-0.060.130.20.140.64-0.150.060.990.95-0.6-0.470.54-0.4-0.360.650.360.64-0.13-0.120.130.32-0.150.54
0.511.00.42-0.35-0.290.80.54-0.110.590.60.420.130.460.54-0.45-0.520.850.850.93-0.36-0.360.650.880.290.98
0.27-0.43-0.140.770.57-0.130.060.01-0.13-0.41-0.30.25-0.06-0.4-0.450.7-0.65-0.05-0.630.230.23-0.48-0.45-0.09-0.52
0.24-0.50.180.580.73-0.230.060.4-0.38-0.43-0.290.19-0.24-0.36-0.520.7-0.73-0.06-0.610.420.42-0.77-0.550.23-0.6
0.150.850.31-0.39-0.40.50.340.00.270.690.46-0.080.240.650.85-0.65-0.730.550.89-0.55-0.550.570.750.240.87
0.770.860.52-0.090.020.830.640.00.540.410.270.280.470.360.85-0.05-0.060.550.68-0.3-0.30.40.710.380.77
0.30.930.3-0.43-0.310.650.46-0.140.480.690.53-0.070.320.640.93-0.63-0.610.890.68-0.28-0.270.650.820.210.97
-0.09-0.35-0.20.20.31-0.230.02-0.140.01-0.160.01-0.23-0.25-0.13-0.360.230.42-0.55-0.3-0.281.0-0.31-0.41-0.15-0.35
-0.09-0.35-0.20.20.31-0.220.03-0.150.01-0.150.02-0.23-0.25-0.12-0.360.230.42-0.55-0.3-0.271.0-0.31-0.4-0.15-0.34
0.240.65-0.15-0.65-0.60.620.1-0.620.790.260.090.030.640.130.65-0.48-0.770.570.40.65-0.31-0.310.75-0.220.73
0.610.880.4-0.41-0.370.890.54-0.160.690.40.210.210.580.320.88-0.45-0.550.750.710.82-0.41-0.40.750.190.88
0.410.280.87-0.08-0.020.22-0.040.72-0.14-0.22-0.350.610.35-0.150.29-0.090.230.240.380.21-0.15-0.15-0.220.190.2
0.420.980.32-0.43-0.350.760.46-0.190.590.610.430.070.470.540.98-0.52-0.60.870.770.97-0.35-0.340.730.880.2
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Synovus Financial Account Relationship Matchups

Synovus Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding156.1M148.2M148.5M146.5M146.7M77.9M
Total Assets48.2B54.4B57.3B59.7B59.8B62.8B
Short Long Term Debt Total3.9B1.2B1.2B4.7B2.1B1.6B
Other Current Liab(1.8B)(7.7M)(197K)(603.4M)22.6B12.4B
Total Current Liabilities1.8B7.7M197K603.4M22.9B15.1B
Total Stockholder Equity4.9B5.2B5.3B4.5B5.1B2.8B
Property Plant And Equipment Net493.9M464.0M407.2M370.6M838.9M498.7M
Net Debt2.8B(2.9B)(1.7B)2.8B(289.0M)(274.5M)
Cash1.1B4.1B2.9B1.9B2.4B1.3B
Non Current Assets Total7.8B8.9B11.8B(479.5M)54.3B57.1B
Non Currrent Assets Other(272.0M)(368.2M)(325.0M)(11.8B)49.0B51.5B
Other Assets32.3B33.1B31.4B59.7B1.00.95
Cash And Short Term Investments7.9B12.1B13.9B11.6B710.4M674.8M
Liabilities And Stockholders Equity48.2B54.4B57.3B59.7B59.8B62.8B
Non Current Liabilities Total2.2B1.2B1.2B644.5M31.7B33.3B
Total Liab43.3B49.2B52.0B55.3B54.7B57.4B
Total Current Assets8.1B12.4B14.1B517.2M5.5B5.2B
Short Term Debt1.8B7.7M197K603.4M300.9M285.9M
Retained Earnings1.1B1.2B1.7B2.2B2.5B2.6B
Other Stockholder Equity3.1B3.1B3.0B3.0B3.0B3.2B
Accumulated Other Comprehensive Income65.6M158.6M(82.3M)(1.4B)(1.1B)(1.1B)
Property Plant And Equipment Gross868.7M844.3M1.4B1.3B1.4B1.5B
Common Stock Total Equity166.8M168.1M169.4M170.1M153.1M277.9M
Common Stock166.8M168.1M169.4M170.1M171.4M272.3M
Other Liab357.4M1.1B1.1B534.9M615.1M455.3M
Accounts Payable38.4B46.7B49.4B48.9B56.2B28.3B
Long Term Debt2.2B1.2B1.2B4.1B1.2B1.8B
Short Term Investments6.8B8.0B10.9B9.7B9.8B10.3B
Inventory(1.5B)(4.6B)(3.3B)(394.0M)(1.2B)(1.1B)
Treasury Stock(1.0B)(715.6M)(731.8M)(931.5M)(838.3M)(796.4M)
Intangible Assets55.7M45.1M35.6M27.1M45.9M43.6M
Property Plant Equipment868.7M464.0M407.2M370.6M333.6M451.9M
Other Current Assets1.5B4.6B3.3B(11.1B)5.5B5.2B
Net Receivables234.9M281.7M242.3M394.0M499.3M524.3M
Net Tangible Assets3.9B4.1B4.3B3.5B4.0B3.4B
Retained Earnings Total Equity1.1B1.2B1.7B2.2B2.6B2.7B
Long Term Debt Total2.2B1.2B1.2B4.1B4.7B5.0B

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.
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.

Currently Active Assets on Macroaxis

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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
1.52
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.