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Synovus Financial (SNV) Competitors

Synovus Financial logo
$53.36 -1.39 (-2.54%)
(As of 12/17/2024 ET)

SNV vs. FITB, FCNCA, HBAN, RF, KEY, EWBC, FHN, WBS, WAL, and PNFP

Should you be buying Synovus Financial stock or one of its competitors? The main competitors of Synovus Financial include Fifth Third Bancorp (FITB), First Citizens BancShares (FCNCA), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), East West Bancorp (EWBC), First Horizon (FHN), Webster Financial (WBS), Western Alliance Bancorporation (WAL), and Pinnacle Financial Partners (PNFP). These companies are all part of the "regional banks" industry.

Synovus Financial vs.

Fifth Third Bancorp (NASDAQ:FITB) and Synovus Financial (NYSE:SNV) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, community ranking, dividends, valuation, earnings, media sentiment, institutional ownership and profitability.

Fifth Third Bancorp has a beta of 1.22, indicating that its stock price is 22% more volatile than the S&P 500. Comparatively, Synovus Financial has a beta of 1.38, indicating that its stock price is 38% more volatile than the S&P 500.

Fifth Third Bancorp pays an annual dividend of $1.48 per share and has a dividend yield of 3.3%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 2.8%. Fifth Third Bancorp pays out 49.2% of its earnings in the form of a dividend. Synovus Financial pays out 68.8% 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. Fifth Third Bancorp has increased its dividend for 14 consecutive years. Fifth Third Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Fifth Third Bancorp has a net margin of 16.58% compared to Synovus Financial's net margin of 10.82%. Fifth Third Bancorp's return on equity of 14.58% beat Synovus Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Fifth Third Bancorp16.58% 14.58% 1.19%
Synovus Financial 10.82%13.43%1.04%

Fifth Third Bancorp received 288 more outperform votes than Synovus Financial when rated by MarketBeat users. However, 57.02% of users gave Synovus Financial an outperform vote while only 56.55% of users gave Fifth Third Bancorp an outperform vote.

CompanyUnderperformOutperform
Fifth Third BancorpOutperform Votes
747
56.55%
Underperform Votes
574
43.45%
Synovus FinancialOutperform Votes
459
57.02%
Underperform Votes
346
42.98%

Fifth Third Bancorp currently has a consensus price target of $44.81, indicating a potential downside of 0.54%. Synovus Financial has a consensus price target of $57.78, indicating a potential upside of 8.28%. Given Synovus Financial's stronger consensus rating and higher probable upside, analysts plainly believe Synovus Financial is more favorable than Fifth Third Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fifth Third Bancorp
0 Sell rating(s)
9 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53
Synovus Financial
0 Sell rating(s)
6 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.67

Fifth Third Bancorp has higher revenue and earnings than Synovus Financial. Fifth Third Bancorp 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
Fifth Third Bancorp$8.17B3.70$2.35B$3.0114.97
Synovus Financial$1.89B3.99$543.71M$2.2124.14

In the previous week, Synovus Financial had 17 more articles in the media than Fifth Third Bancorp. MarketBeat recorded 30 mentions for Synovus Financial and 13 mentions for Fifth Third Bancorp. Fifth Third Bancorp's average media sentiment score of 1.21 beat Synovus Financial's score of 0.57 indicating that Fifth Third Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fifth Third Bancorp
9 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Synovus Financial
8 Very Positive mention(s)
2 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

83.8% of Fifth Third Bancorp shares are owned by institutional investors. Comparatively, 83.8% of Synovus Financial shares are owned by institutional investors. 0.5% of Fifth Third Bancorp shares are owned by insiders. Comparatively, 0.8% of Synovus Financial shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Fifth Third Bancorp beats Synovus Financial on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$7.76B$22.04B$10.65B$19.61B
Dividend Yield2.81%3.19%10.21%3.51%
P/E Ratio24.1427.6335.1843.74
Price / Sales3.992.993,076.3217.46
Price / Cash10.7911.0229.9121.72
Price / Book1.691.312.785.46
Net Income$543.71M$2.24B$1.03B$986.70M
7 Day Performance-3.29%-1.75%-1.27%-2.12%
1 Month Performance-4.24%-0.13%-0.04%1.31%
1 Year Performance34.65%19.82%15.73%16.45%

Synovus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNV
Synovus Financial
4.577 of 5 stars
$53.36
-2.5%
$57.78
+8.3%
+38.2%$7.76B$1.89B24.144,879Analyst Forecast
Short Interest ↓
FITB
Fifth Third Bancorp
4.8406 of 5 stars
$45.74
+0.4%
$44.81
-2.0%
+30.2%$30.67B$8.17B15.1318,724Dividend Announcement
Short Interest ↓
Positive News
FCNCA
First Citizens BancShares
4.0993 of 5 stars
$2,123.44
+1.8%
$2,157.64
+1.6%
+48.4%$29.71B$12.09B11.9616,021Analyst Forecast
Short Interest ↑
Positive News
HBAN
Huntington Bancshares
4.892 of 5 stars
$17.28
+0.6%
$17.41
+0.8%
+34.2%$25.10B$7.21B16.5119,955Short Interest ↓
Positive News
RF
Regions Financial
4.9605 of 5 stars
$25.23
+0.5%
$27.61
+9.4%
+28.9%$22.93B$7.08B14.1920,101
KEY
KeyCorp
4.8975 of 5 stars
$18.29
+0.9%
$19.16
+4.7%
+27.1%$18.13B$10.40B1,823.0017,333Analyst Revision
Positive News
EWBC
East West Bancorp
3.7302 of 5 stars
$101.55
0.0%
$109.17
+7.5%
+42.9%$14.08B$2.55B12.753,206Analyst Forecast
Short Interest ↓
Positive News
FHN
First Horizon
4.5003 of 5 stars
$20.31
+0.6%
$19.69
-3.0%
+47.5%$10.77B$3.17B14.637,378Analyst Forecast
WBS
Webster Financial
4.9466 of 5 stars
$58.96
flat
$59.00
+0.1%
+15.6%$10.11B$3.94B13.514,261Analyst Forecast
Positive News
WAL
Western Alliance Bancorporation
4.702 of 5 stars
$91.05
+1.5%
$93.40
+2.6%
+42.9%$10.02B$2.30B13.843,260Analyst Forecast
PNFP
Pinnacle Financial Partners
4.4704 of 5 stars
$118.38
+0.6%
$113.64
-4.0%
+35.6%$9.14B$2.79B22.443,357Analyst Forecast

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This page (NYSE:SNV) was last updated on 12/17/2024 by MarketBeat.com Staff
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