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Synovus Financial (SNV) Competitors

$39.69
+0.67 (+1.72%)
(As of 05/31/2024 ET)

SNV vs. HBAN, RF, KEY, EWBC, FHN, WBS, CBSH, WAL, CFR, and BPOP

Should you be buying Synovus Financial stock or one of its competitors? The main competitors of Synovus Financial include Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), East West Bancorp (EWBC), First Horizon (FHN), Webster Financial (WBS), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), and Popular (BPOP). These companies are all part of the "regional banks" industry.

Synovus Financial vs.

Huntington Bancshares (NASDAQ:HBAN) and Synovus Financial (NYSE:SNV) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, media sentiment, earnings, analyst recommendations, profitability, risk and community ranking.

In the previous week, Huntington Bancshares had 7 more articles in the media than Synovus Financial. MarketBeat recorded 11 mentions for Huntington Bancshares and 4 mentions for Synovus Financial. Huntington Bancshares' average media sentiment score of 0.94 beat Synovus Financial's score of 0.91 indicating that Synovus Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Huntington Bancshares
5 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Synovus Financial
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Huntington Bancshares received 118 more outperform votes than Synovus Financial when rated by MarketBeat users. However, 56.86% of users gave Synovus Financial an outperform vote while only 51.35% of users gave Huntington Bancshares an outperform vote.

CompanyUnderperformOutperform
Huntington BancsharesOutperform Votes
553
51.35%
Underperform Votes
524
48.65%
Synovus FinancialOutperform Votes
435
56.86%
Underperform Votes
330
43.14%

Huntington Bancshares currently has a consensus price target of $15.30, indicating a potential upside of 9.91%. Synovus Financial has a consensus price target of $41.50, indicating a potential upside of 4.56%. Given Synovus Financial's stronger consensus rating and higher possible upside, equities analysts plainly believe Huntington Bancshares is more favorable than Synovus Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Huntington Bancshares
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.75
Synovus Financial
0 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56

Huntington Bancshares pays an annual dividend of $0.62 per share and has a dividend yield of 4.5%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 3.8%. Huntington Bancshares pays out 55.9% of its earnings in the form of a dividend. Synovus Financial pays out 52.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Synovus Financial has increased its dividend for 2 consecutive years.

Huntington Bancshares has a net margin of 15.86% compared to Huntington Bancshares' net margin of 13.29%. Huntington Bancshares' return on equity of 12.93% beat Synovus Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Huntington Bancshares15.86% 11.99% 1.05%
Synovus Financial 13.29%12.93%0.94%

Huntington Bancshares has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500. Comparatively, Synovus Financial has a beta of 1.41, meaning that its share price is 41% more volatile than the S&P 500.

Huntington Bancshares has higher revenue and earnings than Synovus Financial. Huntington Bancshares is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Huntington Bancshares$10.84B1.86$1.95B$1.1112.54
Synovus Financial$3.45B1.68$543.71M$2.9213.59

80.7% of Huntington Bancshares shares are owned by institutional investors. Comparatively, 83.9% of Synovus Financial shares are owned by institutional investors. 0.9% of Huntington Bancshares shares are owned by insiders. Comparatively, 0.8% of Synovus Financial shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Huntington Bancshares beats Synovus Financial on 13 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SNV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SNV vs. The Competition

MetricSynovus FinancialNational commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$5.81B$18.88B$9.72B$17.79B
Dividend Yield3.90%4.00%5.96%3.55%
P/E Ratio13.599.8845.5125.81
Price / Sales1.682.03109.7811.40
Price / Cash7.788.6016.4118.95
Price / Book1.291.053.305.90
Net Income$543.71M$2.35B$1.01B$976.46M
7 Day Performance1.15%-0.24%0.39%0.62%
1 Month Performance9.04%2.34%3.04%4.79%
1 Year Performance42.36%17.31%17.32%24.00%

Synovus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HBAN
Huntington Bancshares
4.9074 of 5 stars
$13.74
+1.2%
$15.17
+10.4%
+33.1%$19.91B$10.84B12.3819,955Analyst Upgrade
Positive News
Gap Up
RF
Regions Financial
4.7197 of 5 stars
$19.12
+1.1%
$20.34
+6.4%
+11.5%$17.51B$9.15B10.3920,101Short Interest ↑
Positive News
KEY
KeyCorp
4.9878 of 5 stars
$14.48
+1.5%
$16.00
+10.5%
+49.4%$13.65B$10.40B18.3317,333
EWBC
East West Bancorp
4.3109 of 5 stars
$73.79
+0.1%
$84.08
+13.9%
+51.1%$10.27B$3.99B9.293,206Insider Selling
Short Interest ↓
News Coverage
Positive News
FHN
First Horizon
4.3368 of 5 stars
$15.81
+0.7%
$16.36
+3.5%
+51.7%$8.65B$5.03B11.067,378Short Interest ↑
WBS
Webster Financial
5 of 5 stars
$44.33
+1.1%
$57.00
+28.6%
+21.7%$7.60B$3.94B9.084,261Positive News
CBSH
Commerce Bancshares
4.3267 of 5 stars
$55.06
+0.1%
$55.29
+0.4%
+14.3%$7.13B$1.95B15.364,728Short Interest ↓
Analyst Revision
News Coverage
WAL
Western Alliance Bancorporation
4.8562 of 5 stars
$62.96
+0.7%
$72.47
+15.1%
+84.1%$6.93B$4.32B9.183,260Positive News
CFR
Cullen/Frost Bankers
4.7627 of 5 stars
$102.31
+0.5%
$117.46
+14.8%
-0.6%$6.57B$2.65B12.095,495Short Interest ↑
BPOP
Popular
4.9886 of 5 stars
$89.22
+0.9%
$99.89
+12.0%
+48.7%$6.45B$3.90B13.249,237Short Interest ↑

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This page (NYSE:SNV) was last updated on 6/2/2024 by MarketBeat.com Staff

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