Synovus Financial (SNV)
Market Price (12/4/2025): $49.81 | Market Cap: $6.9 BilSector: Financials | Industry: Regional Banks
Synovus Financial (SNV)
Market Price (12/4/2025): $49.81Market Cap: $6.9 BilSector: FinancialsIndustry: Regional Banks
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 9.8% | Weak multi-year price returns3Y Excs Rtn is -38% | |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -100% | ||
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 28% | ||
| Low stock price volatilityVol 12M is 39% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 15%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 9.8% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -100% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 28% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. |
| Weak multi-year price returns3Y Excs Rtn is -38% |
Valuation, Metrics & Events
SNV Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Here are key points explaining the approximate -3.3% movement in Synovus Financial (SNV) stock between August 31, 2025, and December 4, 2025:
1. Weaker than Expected Diluted Earnings Per Share in Q3 2025 and Overall Market Reaction: Synovus Financial reported its third-quarter 2025 earnings on October 15, 2025. While adjusted earnings per share (EPS) of $1.46 surpassed consensus forecasts, the diluted EPS of $1.33 slightly missed the estimated $1.36. Despite strong revenue, the stock fell 3.88% to close at $46.96 on October 16, 2025, reflecting broader market trends and investor concerns at the time.
2. Sequential Decline in Net Income and Pre-Provision Net Revenue: Although Synovus showed year-over-year growth in some metrics, its net income available to common shareholders decreased from $206.3 million in the second quarter of 2025 to $185.6 million in the third quarter of 2025. Additionally, pre-provision net revenue experienced a 4% sequential decline from the second quarter of 2025.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SNV Return | -12% | 52% | -19% | 5% | 41% | -2% | 57% |
| Peers Return | -8% | 5% | -20% | 26% | 16% | 26% | 44% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| SNV Win Rate | 50% | 75% | 50% | 42% | 67% | 40% | |
| Peers Win Rate | 18% | 25% | 25% | 33% | 33% | 47% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| SNV Max Drawdown | -67% | -1% | -27% | -31% | -9% | -25% | |
| Peers Max Drawdown | -21% | -3% | -25% | -12% | -3% | -9% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: C, USB, AVBC, LSBK, NU. See SNV Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | SNV | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -52.7% | -25.4% |
| % Gain to Breakeven | 111.5% | 34.1% |
| Time to Breakeven | 540 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -68.1% | -33.9% |
| % Gain to Breakeven | 214.0% | 51.3% |
| Time to Breakeven | 323 days | 148 days |
| 2018 Correction | ||
| % Loss | -47.0% | -19.8% |
| % Gain to Breakeven | 88.7% | 24.7% |
| Time to Breakeven | 2144 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -89.8% | -56.8% |
| % Gain to Breakeven | 877.6% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1480 days |
Compare to C, USB, AVBC, LSBK, NU
In The Past
Synovus Financial's stock fell -52.7% during the 2022 Inflation Shock from a high on 2/16/2022. A -52.7% loss requires a 111.5% gain to breakeven.
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Asset Allocation
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Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to SNV. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.5% | 7.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 15.2% | 15.2% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.5% | -2.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.1% | -0.1% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -6.2% | -6.2% | -11.0% |
| 12312024 | SNV | Synovus Financial | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 6.7% | -1.0% | -24.7% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | WU | Western Union | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.5% | 7.5% | -0.4% |
| 11212025 | COIN | Coinbase Global | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 15.2% | 15.2% | 0.0% |
| 11142025 | PYPL | PayPal | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.5% | -2.5% | -7.5% |
| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -0.1% | -0.1% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -6.2% | -6.2% | -11.0% |
| 12312024 | SNV | Synovus Financial | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 6.7% | -1.0% | -24.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Synovus Financial
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 33.48 |
| Mkt Cap | 81.7 |
| Rev LTM | 5,661 |
| Op Inc LTM | - |
| FCF LTM | 336 |
| FCF 3Y Avg | 1,002 |
| CFO LTM | 353 |
| CFO 3Y Avg | 1,042 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.4% |
| Rev Chg 3Y Avg | 5.1% |
| Rev Chg Q | 10.2% |
| QoQ Delta Rev Chg LTM | 2.5% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 23.6% |
| CFO/Rev 3Y Avg | 37.8% |
| FCF/Rev LTM | 21.9% |
| FCF/Rev 3Y Avg | 34.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 81.7 |
| P/S | 2.8 |
| P/EBIT | - |
| P/E | 11.5 |
| P/CFO | 8.7 |
| Total Yield | 10.8% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 10.8% |
| D/E | 0.7 |
| Net D/E | -1.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.6% |
| 3M Rtn | 11.1% |
| 6M Rtn | 30.0% |
| 12M Rtn | 25.8% |
| 3Y Rtn | 92.5% |
| 1M Excs Rtn | 7.7% |
| 3M Excs Rtn | 3.3% |
| 6M Excs Rtn | 15.3% |
| 12M Excs Rtn | 6.0% |
| 3Y Excs Rtn | 20.7% |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11042025 | 10-Q 9/30/2025 |
| 6302025 | 8052025 | 10-Q 6/30/2025 |
| 3312025 | 5022025 | 10-Q 3/31/2025 |
| 12312024 | 2212025 | 10-K 12/31/2024 |
| 9302024 | 11042024 | 10-Q 9/30/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5022024 | 10-Q 3/31/2024 |
| 12312023 | 2232024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8042023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 2242023 | 10-K 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 8022022 | 10-Q 6/30/2022 |
| 3312022 | 5032022 | 10-Q 3/31/2022 |
| 12312021 | 2252022 | 10-K 12/31/2021 |
External Quote Links
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| SeekingAlpha | ValueLine |
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| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |