SynovusSNV
Market Cap: $6.14B
About: Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.
Employees: 4,727
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
504% more call options, than puts
Call options by funds: $56.9M | Put options by funds: $9.42M
1% more capital invested
Capital invested by funds: $4.96B [Q1] → $4.99B (+$30.5M) [Q2]
0.14% more ownership
Funds ownership: 84.61% [Q1] → 84.74% (+0.14%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
7% less funds holding
Funds holding: 404 [Q1] → 377 (-27) [Q2]
18% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 143
42% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 64
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target | 19%upside $51 | Equal-Weight Maintained | 5 Aug 2024 |
Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target | 4%downside $41 | Equal-Weight Maintained | 22 Jul 2024 |
Barclays Jared Shaw 68% 1-year accuracy 26 / 38 met price target | 10%upside $47 | Overweight Maintained | 19 Jul 2024 |
RBC Capital Jon Arfstrom 78% 1-year accuracy 40 / 51 met price target | 15%upside $49 | Outperform Maintained | 19 Jul 2024 |
DA Davidson Kevin Fitzsimmons 67% 1-year accuracy 8 / 12 met price target | 29%upside $55 | Buy Maintained | 19 Jul 2024 |
Financial journalist opinion
Based on 9 articles about SNV published over the past 30 days