SNV - Synovus Financial Corp.

NYSE - Nasdaq Real Time Price. Currency in USD
33.60
+0.17 (+0.51%)
As of 2:18PM EDT. Market open.
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Previous Close 33.43
Open 33.39
Bid 33.55 x 800
Ask 33.57 x 800
Day's Range 32.94 - 33.65
52 Week Range 29.93 - 55.42
Volume 708,010
Avg. Volume 1,613,706
Market Cap 5.292B
Beta (3Y Monthly) 1.47
PE Ratio (TTM) 10.15
EPS (TTM) 3.31
Earnings Date Jul 16, 2019
Forward Dividend & Yield 1.20 (3.75%)
Ex-Dividend Date 2019-03-20
1y Target Est 42.83
Trade prices are not sourced from all markets
  • The Outlook for Dividends
    Kiplinger 2 hours ago

    The Outlook for Dividends

    A few companies are cutting them, but payouts are healthy overall.

  • Business Wire 6 hours ago

    Synovus to Announce Second Quarter 2019 Results on July 16, 2019

    Synovus Financial Corp. (SNV) will announce second quarter 2019 results on Tuesday, July 16, 2019. Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $47 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services through 297 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee.

  • Business Wire 21 hours ago

    Synovus Announces Pricing of Series E Preferred Stock Offering

    Synovus Financial Corp. (SNV) (“Synovus”) today announced it has priced a public offering of 14 million shares of its 5.875% Series E Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (“Series E Preferred Stock”) at $25.00 per share. As previously announced, Synovus intends to use the net proceeds from the offering for general corporate purposes, including share repurchases. BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as the joint book-running managers of the offering.

  • Business Wire yesterday

    Synovus Announces Commencement of Preferred Stock Public Offering

    Synovus Financial Corp. (SNV) (“Synovus”) today announced the commencement of an underwritten public offering of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Synovus intends to use the net proceeds from the offering for general corporate purposes, including share repurchases. BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as the joint book-running managers of the offering. Synovus is conducting the offering pursuant to its automatic shelf registration statement on Form S-3 filed with the SEC on August 4, 2016.

  • Why Synovus Financial (SNV) is a Top Dividend Stock for Your Portfolio
    Zacks 7 days ago

    Why Synovus Financial (SNV) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Synovus Financial (SNV) have what it takes? Let's find out.

  • ACCESSWIRE 7 days ago

    Synovus Financial Corp. (SNV) Investor Notice: Update in Lawsuit for Investors who held shares of FCB Financial Holdings, Inc. (FCB) announced by Shareholders Foundation

    SAN DIEGO, CA / ACCESSWIRE / June 18, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who formerly held FCB Financial Holdings, Inc. (NYSE: FCB) shares. Investors, ...

  • Synovus (SNV) Unveils Share-Buyback Plan: Worth a Look?
    Zacks 7 days ago

    Synovus (SNV) Unveils Share-Buyback Plan: Worth a Look?

    Synovus Financial (SNV) rewards shareholders with additional share-repurchase authorization worth $325 million.

  • Business Wire 8 days ago

    Synovus Announces Increase of Share Repurchase Authorization

    Synovus Financial Corp. (the “Company”) (SNV) announced today that the Company’s Board of Directors has increased its prior $400 million share repurchase authorization to $725 million for the year 2019. The Company has previously repurchased approximately $325 million of its common stock under the share repurchase program, leaving approximately $400 million of additional availability during 2019. The Company expects to fund the share repurchase through a combination of cash on hand, future cash flow from operations, borrowings and financings.

  • Hedge Funds Have Never Been This Bullish On Synovus Financial Corp. (SNV)
    Insider Monkey 14 days ago

    Hedge Funds Have Never Been This Bullish On Synovus Financial Corp. (SNV)

    At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]

  • Markit 15 days ago

    See what the IHS Markit Score report has to say about Synovus Financial Corp.

    Synovus Financial Corp NYSE:SNVView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for SNV with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SNV. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SNV totaled $314 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • 2 Dividend Stocks to Buy That Are Better Than 3M Stock
    InvestorPlace 18 days ago

    2 Dividend Stocks to Buy That Are Better Than 3M Stock

    InvestorPlace columnist James Brumley recently discussed the pros and cons of owning 3M (NYSE:MMM) stock. He concluded that, despite 3M's shrinking profits, MMM stock might be a falling knife worth catching. Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsBrumley believes the things that ail MMM aren't insurmountable and that MMM stock price has been beaten down due to noise and fear. It's hard to argue with his rationale. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% MMM stock has fallen 25% in the past six weeks since announcing weaker-than-expected Q1 2019 earnings, lower guidance for the remainder of 2019, and the cutting of 2,000 jobs. But since the Q1 earnings were released, there's been little new information to justify the ongoing bloodletting iof 3M stock. MMM now yields 3.61%, a very healthy return for anyone looking for dividend stocks to buy. While I believe 3M stock is an excellent long-term investment, I also think that investors looking for high dividends can find better stocks to buy.Here are two possible ideas. Synovus Financial (NYSE:SNV)Currently yielding 3.66%, the Georgia regional bank has fallen 2.65% in 2019. Recently, Synovus named Jamie Gregory, a Regions Bank (NYSE:RF) executive vice president and head of corporate financial strategy, as its new CFO, replacing Kevin Blair, who was promoted to COO in December. Gregory has a strong background in corporate finance, which is critical in a highly competitive industry. Not only that, but he brings an understanding of community banking to Synovus. In the first quarter, Synovus's adjusted earnings per share grew by 7.6% sequentially and 15.5% on a year- over-year basis. Its adjusted efficiency ratio, which shows how efficiently the bank operated in the quarter, was 50.24%, 7.18 percentage points lower than a year ago. Lower is always good when it comes to this metric.Thanks to SNV's acquisition of FCB Financial Holdings, the owner of the Florida Community Bank, in January, Synovus added more than $9 billion in loans to its portfolio, which stood just shy of $36 billion at the end of March. As the south continues to grow, so, too, will Synovus. Bristol-Myers Squibb (NYSE:BMY)Currently yielding 3.51%, the New York-based pharmaceutical company on Apr. 25 released better-than-expected Q1 earnings, which temporarily put some air under BMY stock. But it has since fallen back towards the mid-$40s. Bristol-Myers' first-quarter earnings per share came in at $1.10, 17% higher than a year earlier and one penny better than analysts' average estimate. On the top line, its revenue was $5.92 billion, 14% higher than a year earlier, and $170 million higher than analysts' consensus outlook. On June 5, Bristol-Myers announced the leadership team that will run the company once it completes its $74-billion acquisition of Celgene (NASDAQ:CELG) later this year. In a key move, its research and development will be divided into an early- phase development team and a late-phase development team, with a Celgene executive handling the early-phase development group and a former Novartis (NYSE:NVS) executive running the late-phase development efforts. Celgene CFO David Elkins will replace Bristol Myer's CFO Charles Bancroft, who is retiring. Current BMY CEO Giovanni Caforio will run the combined business.Look for several of Celgene's drugs that are now in the pipeline to get FDA approval later this year and into 2020. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 2 Dividend Stocks to Buy That Are Better Than 3M Stock appeared first on InvestorPlace.

  • Synovus' (SNV) Ratings Upgraded by Moody's, Outlook Stable
    Zacks 19 days ago

    Synovus' (SNV) Ratings Upgraded by Moody's, Outlook Stable

    Moody's Investors Service upgrades ratings of Synovus (SNV), however, keeps the company's outlook at "stable".

  • Moody's 20 days ago

    Synovus Financial Corp. -- Moody's upgrades Synovus Bank's long-term deposit rating to A3 with outlook stable

    Moody's Investors Service ("Moody's") has upgraded the ratings and assessments of Synovus Bank, the operating bank subsidiary of unrated Synovus Financial Corp. The bank's standalone baseline credit assessment (BCA) was upgraded to baa2 from baa3, its long-term deposit rating was upgraded to A3 from Baa1 and its issuer rating was upgraded to Baa3 from Ba1. The bank's long-term counterparty risk rating was upgraded to Baa2 from Baa3 and its long-term counterparty risk assessment was upgraded to Baa1(cr) from Baa2(cr). Moody's has also upgraded Synovus Bank's short-term counterparty risk rating to Prime-2 from Prime-3 while its short-term deposit rating and short-term counterparty risk assessment were affirmed at Prime-2 and Prime-2(cr), respectively.

  • Here's Why We Think Synovus Financial (NYSE:SNV) Is Well Worth Watching
    Simply Wall St. 20 days ago

    Here's Why We Think Synovus Financial (NYSE:SNV) Is Well Worth Watching

    It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

  • Business Wire 21 days ago

    Synovus Announces Quarterly Dividends

    The Board of Directors of Synovus Financial Corp. has declared the following quarterly dividends:

  • Regions Bank executive named CFO at Synovus
    American City Business Journals 22 days ago

    Regions Bank executive named CFO at Synovus

    Synovus Financial Corp. has named a Regions executive its new executive vice president and chief financial officer.

  • Synovus picks Regions exec as new CFO
    American City Business Journals 22 days ago

    Synovus picks Regions exec as new CFO

    Synovus has reached outside the Peach State for the newest addition to its C-Suite. Synovus Financial Corp. (NYSE: SNV) said Monday it hired Jamie Gregory as executive vice president and chief financial officer, effective June 24. Gregory has worked as executive VP and head of corporate financial strategy for Regions Financial Corp. (NYSE: RF) in Birmingham, Alabama since 2015. He joined Regions in 2009 after 10 years with Wachovia.

  • Business Wire 22 days ago

    Jamie Gregory Named Chief Financial Officer of Synovus

    Synovus Financial Corp. (SNV) today announced the appointment of Jamie Gregory as executive vice president and chief financial officer (CFO), effective June 24. Gregory succeeds Kevin Blair, who has served as acting CFO since December 2018, when he was appointed chief operating officer of Synovus. “Jamie is a highly regarded industry executive with a long history of leading the most critical aspects of corporate finance,” said Kessel D. Stelling, chairman and CEO of Synovus.

  • Is Synovus Financial (SNV) Stock a Suitable Value Pick Now?
    Zacks 27 days ago

    Is Synovus Financial (SNV) Stock a Suitable Value Pick Now?

    Let's see if Synovus Financial Corp. (SNV) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Synovus (SNV) Down 4.3% Since Last Earnings Report: Can It Rebound?
    Zacks last month

    Synovus (SNV) Down 4.3% Since Last Earnings Report: Can It Rebound?

    Synovus (SNV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Mariko Gordon's Top 5 Buys of the 1st Quarter
    GuruFocus.com last month

    Mariko Gordon's Top 5 Buys of the 1st Quarter

    Warning! GuruFocus has detected 2 Warning Sign with PLCE. Based on this strategy, Gordon's top five new buys for the quarter were Children's Place Inc. (PLCE), Synovus Financial Corp. (SNV), Minerals Technologies Inc. (MTX), Brooks Automation Inc. (BRKS) and Bloomin Brands Inc. (BLMN).

  • Todd Weiden Joins Synovus as Managing Director, Private Wealth
    Business Wire last month

    Todd Weiden Joins Synovus as Managing Director, Private Wealth

    Synovus today announced the appointment of Todd Weiden as managing director, private wealth, with responsibility for leading the bank’s private wealth business in Central and South Florida. Weiden was previously with SunTrust for more than 10 years, where he served as head of transformation and experience and, before that, as South Florida market executive. "Todd is an energetic and proven financial services professional with a long history of serving clients and building teams,” said Sean Simpson, Florida market executive for Synovus.