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Synovus Financial (SNV) Competitors

Synovus Financial logo
$55.72 +0.05 (+0.09%)
(As of 11/15/2024 ET)

SNV vs. FCNCA, FITB, 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 First Citizens BancShares (FCNCA), Fifth Third Bancorp (FITB), 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.

First Citizens BancShares (NASDAQ:FCNCA) and Synovus Financial (NYSE:SNV) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, earnings, institutional ownership, profitability, community ranking, valuation, analyst recommendations, risk and dividends.

First Citizens BancShares has higher revenue and earnings than Synovus Financial. First Citizens 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
First Citizens BancShares$12.09B2.63$11.47B$174.5512.61
Synovus Financial$3.45B2.29$543.71M$2.2125.21

In the previous week, First Citizens BancShares had 4 more articles in the media than Synovus Financial. MarketBeat recorded 11 mentions for First Citizens BancShares and 7 mentions for Synovus Financial. First Citizens BancShares' average media sentiment score of 1.51 beat Synovus Financial's score of 1.13 indicating that First Citizens BancShares is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Citizens BancShares
9 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Synovus Financial
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Citizens BancShares pays an annual dividend of $6.56 per share and has a dividend yield of 0.3%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 2.7%. First Citizens BancShares pays out 3.8% 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.

Synovus Financial received 273 more outperform votes than First Citizens BancShares when rated by MarketBeat users. Likewise, 56.95% of users gave Synovus Financial an outperform vote while only 55.66% of users gave First Citizens BancShares an outperform vote.

CompanyUnderperformOutperform
First Citizens BancSharesOutperform Votes
182
55.66%
Underperform Votes
145
44.34%
Synovus FinancialOutperform Votes
455
56.95%
Underperform Votes
344
43.05%

First Citizens BancShares presently has a consensus target price of $2,025.90, indicating a potential downside of 7.93%. Synovus Financial has a consensus target price of $52.71, indicating a potential downside of 5.41%. Given Synovus Financial's stronger consensus rating and higher possible upside, analysts clearly believe Synovus Financial is more favorable than First Citizens BancShares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Citizens BancShares
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
Synovus Financial
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

61.2% of First Citizens BancShares shares are owned by institutional investors. Comparatively, 83.9% of Synovus Financial shares are owned by institutional investors. 13.4% of First Citizens 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 company will outperform the market over the long term.

First Citizens BancShares has a net margin of 17.36% compared to Synovus Financial's net margin of 10.82%. First Citizens BancShares' return on equity of 13.63% beat Synovus Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
First Citizens BancShares17.36% 13.63% 1.33%
Synovus Financial 10.82%13.43%1.04%

First Citizens BancShares has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500. Comparatively, Synovus Financial has a beta of 1.37, indicating that its stock price is 37% more volatile than the S&P 500.

Summary

First Citizens BancShares beats Synovus Financial on 11 of the 20 factors compared between the two stocks.

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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$7.89B$22.58B$11.00B$19.79B
Dividend Yield2.73%3.13%5.94%3.50%
P/E Ratio25.2128.4528.4241.87
Price / Sales2.292.7445.0320.82
Price / Cash11.1010.8418.4921.65
Price / Book1.631.253.694.66
Net Income$543.71M$2.24B$998.34M$983.45M
7 Day Performance-1.90%0.44%-0.06%-2.12%
1 Month Performance9.58%6.15%1.86%-0.39%
1 Year Performance81.56%32.90%24.78%23.34%

Synovus Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SNV
Synovus Financial
4.6891 of 5 stars
$55.72
+0.1%
$52.71
-5.4%
+85.1%$7.89B$3.45B25.214,879Short Interest ↓
Gap Up
FCNCA
First Citizens BancShares
3.9468 of 5 stars
$2,175.45
-0.8%
N/A+51.7%$31.72B$12.09B12.4616,021Analyst Upgrade
Short Interest ↑
News Coverage
Positive News
FITB
Fifth Third Bancorp
4.8017 of 5 stars
$47.17
-0.1%
N/A+73.2%$31.65B$12.64B15.6718,724Analyst Forecast
Short Interest ↑
News Coverage
Positive News
HBAN
Huntington Bancshares
4.7935 of 5 stars
$17.64
-0.6%
N/A+62.1%$25.79B$10.84B16.9619,955Insider Selling
Analyst Revision
Positive News
RF
Regions Financial
4.7519 of 5 stars
$26.18
-0.1%
N/A+63.9%$23.81B$9.15B14.7920,101Analyst Forecast
Positive News
KEY
KeyCorp
4.6736 of 5 stars
$19.18
-0.4%
N/A+58.6%$19.08B$10.40B1,918.0017,333Analyst Forecast
Short Interest ↑
EWBC
East West Bancorp
4.0226 of 5 stars
$106.72
+0.7%
N/A+67.6%$14.69B$3.99B13.473,206Insider Selling
Short Interest ↓
Analyst Revision
FHN
First Horizon
4.5454 of 5 stars
$19.88
-0.7%
N/A+67.2%$10.62B$5.03B14.417,378Insider Selling
Short Interest ↑
WBS
Webster Financial
4.9148 of 5 stars
$60.08
+0.2%
N/A+41.0%$10.28B$3.94B13.624,261
WAL
Western Alliance Bancorporation
4.7458 of 5 stars
$93.01
-0.4%
N/A+88.1%$10.28B$4.32B14.353,260Positive News
PNFP
Pinnacle Financial Partners
4.6312 of 5 stars
$126.18
-0.5%
N/A+71.3%$9.79B$2.79B23.993,357Short Interest ↓
Positive News

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This page (NYSE:SNV) was last updated on 11/17/2024 by MarketBeat.com Staff
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