Synovus Income Statement Research

SNV Stock

USD 36.82 0.19 0.52%

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 Synovus Financial Valuation and Synovus Financial Correlation analysis.

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

Ebitda Ebit

Synovus Financial income statement Correlations

	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Interest Expense	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Depreciation And Amortization	Selling General Administrative	Cost Of Revenue	Minority Interest	Net Income From Continuing Ops	Selling And Marketing Expenses	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Other Operating Expenses		-0.29	0.16	0.49	-0.2	0.23	0.14	0.62	0.59	0.62	0.3	-0.01	0.51	-0.06	0.34	-0.23	0.47	0.39	-0.11	0.17	0.59	0.61	0.3	0.65
Operating Income	-0.29		0.75	0.32	0.28	0.63	0.17	0.0	0.5	0.47	0.65	-0.28	0.04	0.34	-0.65	-0.56	0.39	0.34	-0.41	0.52	0.37	0.3	0.12	0.25
Ebit	0.16	0.75		0.55	0.12	0.63	0.55	0.24	0.81	0.78	0.93	0.02	0.19	0.38	-0.39	-0.45	0.49	0.62	-0.48	0.7	0.78	0.68	0.27	0.72
Ebitda	0.49	0.32	0.55		0.68	0.48	0.28	0.91	0.54	0.53	0.65	0.32	0.92	-0.46	0.02	-0.17	0.32	0.88	-0.42	0.55	0.73	0.78	0.28	0.63
Total Operating Expenses	-0.2	0.28	0.12	0.68		0.11	0.04	0.63	-0.12	-0.14	0.16	0.42	0.74	-0.76	-0.06	0.16	-0.18	0.55	-0.24	0.23	0.15	0.27	-0.04	-0.02
Net Income	0.23	0.63	0.63	0.48	0.11		-0.23	0.3	0.66	0.67	0.66	-0.25	0.27	0.26	0.0	-0.34	0.6	0.58	-0.22	0.56	0.65	0.56	0.31	0.62
Income Tax Expense	0.14	0.17	0.55	0.28	0.04	-0.23		0.12	0.34	0.28	0.57	0.18	0.08	0.1	-0.44	-0.08	-0.14	0.24	-0.43	0.37	0.39	0.34	0.13	0.36
Interest Expense	0.62	0.0	0.24	0.91	0.63	0.3	0.12		0.38	0.39	0.39	0.25	0.96	-0.64	0.21	0.0	0.2	0.71	-0.28	0.34	0.62	0.73	0.07	0.53
Total Revenue	0.59	0.5	0.81	0.54	-0.12	0.66	0.34	0.38		0.99	0.8	-0.21	0.27	0.44	-0.13	-0.6	0.74	0.57	-0.34	0.57	0.88	0.8	0.33	0.79
Gross Profit	0.62	0.47	0.78	0.53	-0.14	0.67	0.28	0.39	0.99		0.76	-0.23	0.27	0.44	-0.11	-0.65	0.79	0.53	-0.33	0.56	0.84	0.77	0.25	0.77
Income Before Tax	0.3	0.65	0.93	0.65	0.16	0.66	0.57	0.39	0.8	0.76		-0.05	0.33	0.26	-0.32	-0.32	0.37	0.71	-0.52	0.76	0.85	0.74	0.37	0.81
Total Other Income Expense Net	-0.01	-0.28	0.02	0.32	0.42	-0.25	0.18	0.25	-0.21	-0.23	-0.05		0.38	-0.47	0.39	0.3	-0.09	0.43	0.04	0.05	-0.03	0.0	0.25	0.0
Depreciation And Amortization	0.51	0.04	0.19	0.92	0.74	0.27	0.08	0.96	0.27	0.27	0.33	0.38		-0.72	0.21	0.01	0.16	0.75	-0.27	0.32	0.51	0.63	0.2	0.41
Selling General Administrative	-0.06	0.34	0.38	-0.46	-0.76	0.26	0.1	-0.64	0.44	0.44	0.26	-0.47	-0.72		-0.25	-0.5	0.43	-0.25	0.0	0.12	0.1	-0.09	0.12	0.15
Cost Of Revenue	0.34	-0.65	-0.39	0.02	-0.06	0.0	-0.44	0.21	-0.13	-0.11	-0.32	0.39	0.21	-0.25		0.48	0.03	0.23	0.43	-0.05	0.04	0.04	0.2	-0.02
Minority Interest	-0.23	-0.56	-0.45	-0.17	0.16	-0.34	-0.08	0.0	-0.6	-0.65	-0.32	0.3	0.01	-0.5	0.48		-0.8	-0.07	0.29	-0.15	-0.19	-0.15	-0.06	-0.2
Net Income From Continuing Ops	0.47	0.39	0.49	0.32	-0.18	0.6	-0.14	0.2	0.74	0.79	0.37	-0.09	0.16	0.43	0.03	-0.8		0.36	-0.12	0.35	0.44	0.4	0.19	0.39
Selling And Marketing Expenses	0.39	0.34	0.62	0.88	0.55	0.58	0.24	0.71	0.57	0.53	0.71	0.43	0.75	-0.25	0.23	-0.07	0.36		-0.28	0.68	0.75	0.72	0.53	0.62
Non Recurring	-0.11	-0.41	-0.48	-0.42	-0.24	-0.22	-0.43	-0.28	-0.34	-0.33	-0.52	0.04	-0.27	0.0	0.43	0.29	-0.12	-0.28		-0.25	-0.33	-0.31	-0.12	-0.32
Tax Provision	0.17	0.52	0.7	0.55	0.23	0.56	0.37	0.34	0.57	0.56	0.76	0.05	0.32	0.12	-0.05	-0.15	0.35	0.68	-0.25		0.64	0.56	0.26	0.43
Net Interest Income	0.59	0.37	0.78	0.73	0.15	0.65	0.39	0.62	0.88	0.84	0.85	-0.03	0.51	0.1	0.04	-0.19	0.44	0.75	-0.33	0.64		0.96	0.31	0.89
Interest Income	0.61	0.3	0.68	0.78	0.27	0.56	0.34	0.73	0.8	0.77	0.74	0.0	0.63	-0.09	0.04	-0.15	0.4	0.72	-0.31	0.56	0.96		0.2	0.82
Reconciled Depreciation	0.3	0.12	0.27	0.28	-0.04	0.31	0.13	0.07	0.33	0.25	0.37	0.25	0.2	0.12	0.2	-0.06	0.19	0.53	-0.12	0.26	0.31	0.2		0.32
Extraordinary Items	0.65	0.25	0.72	0.63	-0.02	0.62	0.36	0.53	0.79	0.77	0.81	0.0	0.41	0.15	-0.02	-0.2	0.39	0.62	-0.32	0.43	0.89	0.82	0.32

Click cells to compare fundamentals

Synovus Financial Account Relationship Matchups

Synovus Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
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
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
Cost Of Revenue	141.8M	310.0M	301.4M	330.6M	318.0M	403.6M
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

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

133.12

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.

Currently Active Assets on Macroaxis

S	SentinelOne
GM	General Motors
V	Visa Class A
C	Citigroup
C	Citigroup

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:

How To Invest In Synovus

Details

Is Synovus Stock a good investment?

Details

What is Synovus Financial's Net Worth?

Details

Largest Banks - Regional Companies

View

Largest Financial Services Companies

View

Check out Synovus Financial Valuation and Synovus Financial Correlation analysis.

You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Synovus Stock analysis

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.

	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Global Correlations Find global opportunities by holding instruments from different markets
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Synovus Income Statement Research

Synovus Financial income statement Correlations

Synovus Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Synovus Financial income statement Accounts

Synovus Financial Investors Sentiment

Synovus Financial Implied Volatility

Currently Active Assets on Macroaxis

Complementary Tools for Synovus Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 0.99	Total Revenue
Depreciation And Amortization	+ 0.96	Interest Expense
Interest Income	+ 0.96	Net Interest Income
Income Before Tax	+ 0.93	Ebit
Depreciation And Amortization	+ 0.92	Ebitda
Interest Expense	+ 0.91	Ebitda

Net Income From Continuing Ops	- 0.8	Minority Interest
Selling General Administrative	- 0.76	Total Operating Expenses
Selling General Administrative	- 0.72	Depreciation And Amortization
Minority Interest	- 0.65	Gross Profit
Cost Of Revenue	- 0.65	Operating Income
Selling General Administrative	- 0.64	Interest Expense