Synovus Financial Statements From 2010 to 2024

SNV Stock  USD 34.91  1.01  2.98%   
Synovus Financial financial statements provide useful quarterly and yearly information to potential Synovus Financial Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Synovus Financial financial statements helps investors assess Synovus Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Synovus Financial's valuation are summarized below:
Gross Profit
2.1 B
Profit Margin
0.2407
Market Capitalization
B
Revenue
1.9 B
Earnings Share
3.46
There are over one hundred nineteen available fundamental trend indicators for Synovus Financial Corp, which can be analyzed over time and compared to other ratios. All traders should should double-check Synovus Financial's current fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to climb to about 4.1 B in 2024, whereas Enterprise Value is likely to drop slightly above 1.9 B in 2024.

Synovus Financial Total Revenue

1.52 Billion

Check Synovus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synovus main balance sheet or income statement drivers, such as Other Operating Expenses of 1.4 B, Operating Income of 633.2 M or EBIT of 580.3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.048 or PTB Ratio of 1.46. Synovus financial statements analysis is a perfect complement when working with Synovus Financial Valuation or Volatility modules.
  
This module can also supplement Synovus Financial's financial leverage analysis and stock options assessment as well as various Synovus Financial Technical models . Check out the analysis of Synovus Financial Correlation against competitors.

Synovus Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding77.9 M146.7 M123.8 M
Slightly volatile
Total Assets62.8 B59.8 B38.4 B
Slightly volatile
Short and Long Term Debt Total1.6 B2.1 BB
Slightly volatile
Total Current Liabilities15.1 B22.9 B14 B
Slightly volatile
Total Stockholder Equity2.8 B5.1 B3.5 B
Slightly volatile
Property Plant And Equipment Net498.7 M838.9 M454.1 M
Slightly volatile
Cash1.3 B2.4 B1.6 B
Slightly volatile
Other Assets0.951.026.1 B
Very volatile
Cash And Short Term Investments674.8 M710.4 M5.5 B
Slightly volatile
Liabilities And Stockholders Equity62.8 B59.8 B38.4 B
Slightly volatile
Non Current Liabilities Total33.3 B31.7 B5.7 B
Slightly volatile
Total Liabilities57.4 B54.7 B34.7 B
Slightly volatile
Total Current Assets5.2 B5.5 B16.2 B
Slightly volatile
Short Term Debt285.9 M300.9 M1.3 B
Slightly volatile
Other Stockholder Equity3.2 BB2.4 B
Slightly volatile
Property Plant And Equipment Gross1.5 B1.4 B748.2 M
Slightly volatile
Common Stock Total Equity277.9 M153.1 M310.5 M
Slightly volatile
Common Stock272.3 M171.4 M311.3 M
Slightly volatile
Other Liabilities455.3 M615.1 M413.9 M
Slightly volatile
Accounts Payable28.3 B56.2 B31 B
Slightly volatile
Long Term Debt1.8 B1.2 B1.8 B
Pretty Stable
Short Term Investments10.3 B9.8 B5.6 B
Slightly volatile
Intangible Assets43.6 M45.9 M20.8 M
Slightly volatile
Property Plant Equipment451.9 M333.6 M497.2 M
Slightly volatile
Good Will504.5 M480.4 M217 M
Slightly volatile
Net Receivables524.3 M499.3 M225.5 M
Slightly volatile
Preferred Stock Total Equity408.7 M483.4 M446 M
Pretty Stable
Net Tangible Assets3.4 BB3.1 B
Slightly volatile
Long Term Debt TotalB4.7 B2.4 B
Slightly volatile
Capital Surpluse3.4 B4.5 B3.2 B
Slightly volatile
Long Term Investments16.1 B10.5 B19.8 B
Slightly volatile
Non Current Liabilities OtherB1.9 B878.6 M
Slightly volatile
Earning Assets8.4 B16.4 B7.7 B
Slightly volatile
Capital Lease Obligations1.2 M1.3 M1.5 M
Slightly volatile
Net Invested CapitalB5.8 B5.5 B
Slightly volatile
Capital Stock709.5 M708.5 M485.8 M
Slightly volatile

Synovus Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
EBIT580.3 M858.7 M572.1 M
Slightly volatile
EBITDA2.8 B2.7 B879.8 M
Slightly volatile
Interest Expense1.3 B1.2 B333.8 M
Slightly volatile
Total Revenue1.5 BB1.4 B
Slightly volatile
Gross Profit1.5 B1.7 B1.3 B
Slightly volatile
Depreciation And Amortization1.9 B1.8 B287.5 M
Slightly volatile
Selling General Administrative37.9 M39.9 M421.4 M
Very volatile
Cost Of Revenue403.6 M318 M270.6 M
Pretty Stable
Net Income Applicable To Common Shares875.1 M833.4 M485.3 M
Slightly volatile
Preferred Stock And Other Adjustments22.6 M29.8 M30 M
Slightly volatile
Selling And Marketing Expenses1.2 B1.1 B304.6 M
Slightly volatile
Non Recurring8.3 M11.2 M13.7 M
Slightly volatile
Tax Provision187.3 M187.4 M158.8 M
Slightly volatile
Net Interest Income1.5 B1.9 B1.2 B
Slightly volatile
Interest Income1.8 B2.9 B1.4 B
Slightly volatile
Reconciled Depreciation84.1 M79.4 M68.9 M
Slightly volatile

Synovus Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.1 BB1.2 B
Slightly volatile
Depreciation84.8 M48.7 M63.2 M
Slightly volatile
Capital Expenditures60.3 M32.2 M37.9 M
Slightly volatile
Total Cash From Operating Activities554.5 M937.4 M560.8 M
Slightly volatile
End Period Cash Flow2.6 B2.5 B1.3 B
Slightly volatile
Stock Based Compensation33.8 M32.2 M18.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.722.70782.7373
Pretty Stable
Dividend Yield0.0480.04580.0346
Very volatile
PTB Ratio1.461.07451.1833
Slightly volatile
Days Sales Outstanding71.1589.711547.3283
Slightly volatile
Book Value Per Share27.6335.040827.0336
Slightly volatile
Invested Capital0.450.41510.592
Pretty Stable
Operating Cash Flow Per Share8.476.41524.7082
Slightly volatile
Stock Based Compensation To Revenue0.01670.01590.0147
Pretty Stable
PB Ratio1.461.07451.1833
Slightly volatile
EV To Sales1.862.56563.0211
Pretty Stable
Sales General And Administrative To Revenue0.01860.01960.3084
Slightly volatile
Cash Per Share87.6983.514853.7236
Slightly volatile
POCF Ratio5.585.868925.0182
Pretty Stable
EV To Operating Cash Flow8.225.560614.714
Pretty Stable
Intangibles To Total Assets0.00930.00880.0049
Slightly volatile
Current Ratio0.230.23834.9 K
Pretty Stable
Tangible Book Value Per Share27.931.603725.7556
Slightly volatile
Receivables Turnover3.874.06868.7213
Slightly volatile
Graham Number52.154.164341.8462
Slightly volatile
Shareholders Equity Per Share27.6335.040827.0336
Slightly volatile
Debt To Equity0.450.41510.592
Pretty Stable
Revenue Per Share25.1613.90412.1866
Slightly volatile
Interest Debt Per Share20.7122.987418.2475
Slightly volatile
Debt To Assets0.04350.03550.058
Slightly volatile
Enterprise Value Over EBITDA3.851.93596.4682
Very volatile
Short Term Coverage Ratios2.963.115270
Pretty Stable
Price Book Value Ratio1.461.07451.1833
Slightly volatile
Price To Operating Cash Flows Ratio5.585.868925.0182
Pretty Stable
Ebt Per Ebit0.850.81070.5851
Slightly volatile
Company Equity Multiplier11.4811.681610.4237
Slightly volatile
Long Term Debt To Capitalization0.240.26270.3201
Very volatile
Total Debt To Capitalization0.270.29330.3577
Pretty Stable
Debt Equity Ratio0.450.41510.592
Pretty Stable
Quick Ratio0.530.55414.9 K
Pretty Stable
Net Income Per E B T1.170.7812.4641
Slightly volatile
Cash Ratio0.10.1053K
Pretty Stable
Operating Cash Flow Sales Ratio0.290.46140.3883
Pretty Stable
Days Of Sales Outstanding71.1589.711547.3283
Slightly volatile
Cash Flow Coverage Ratios0.610.44110.3208
Pretty Stable
Price To Book Ratio1.461.07451.1833
Slightly volatile
Fixed Asset Turnover2.412.42183.1528
Slightly volatile
Price Cash Flow Ratio5.585.868925.0182
Pretty Stable
Enterprise Value Multiple3.851.93596.4682
Very volatile
Debt Ratio0.04350.03550.058
Slightly volatile
Cash Flow To Debt Ratio0.610.44110.3208
Pretty Stable
Price Sales Ratio1.722.70782.7373
Pretty Stable
Asset Turnover0.03230.0340.042
Slightly volatile
Gross Profit Margin0.980.84350.8995
Very volatile
Price Fair Value1.461.07451.1833
Slightly volatile

Synovus Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.1 B3.9 B3.5 B
Slightly volatile
Enterprise Value1.9 B3.7 B3.3 B
Slightly volatile

Synovus Fundamental Market Drivers

Forward Price Earnings8.6655
Cash And Short Term Investments710.4 M

Synovus Upcoming Events

17th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
15th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Synovus Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Synovus Financial income statement, its balance sheet, and the statement of cash flows. Synovus Financial investors use historical funamental indicators, such as Synovus Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Synovus Financial investors may use each financial statement separately, they are all related. The changes in Synovus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Synovus Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Synovus Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Synovus Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total RevenueB1.5 B
Cost Of Revenue318 M403.6 M
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 13.90  25.16 
Ebit Per Revenue 0.42  0.56 

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.

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 the analysis of Synovus Financial Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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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.