SynovusSNV
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: 4,775
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $63.9M | Put options by funds: $23M
79% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 43
16% more capital invested
Capital invested by funds: $5.33B [Q3] → $6.18B (+$848M) [Q4]
5% more funds holding
Funds holding: 429 [Q3] → 452 (+23) [Q4]
1.79% more ownership
Funds ownership: 83.3% [Q3] → 85.09% (+1.79%) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 155
20% less funds holding in top 10
Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Citigroup Benjamin Gerlinger 50% 1-year accuracy 3 / 6 met price target | 32%upside $62 | Buy Maintained | 17 Jan 2025 |
JP Morgan Anthony Elian 41% 1-year accuracy 7 / 17 met price target | 32%upside $62 | Overweight Maintained | 17 Jan 2025 |
Stephens & Co. Russell Gunther 54% 1-year accuracy 15 / 28 met price target | 24%upside $58 | Equal-Weight Reiterated | 16 Jan 2025 |
UBS Nicholas Holowko 13% 1-year accuracy 1 / 8 met price target | 62%upside $76 | Buy Assumed | 17 Dec 2024 |
RBC Capital Jon Arfstrom 72% 1-year accuracy 34 / 47 met price target | 37%upside $64 | Outperform Reiterated | 12 Dec 2024 |
Financial journalist opinion
Based on 7 articles about SNV published over the past 30 days
