XNYSSNVpE
Market cap7.28bUSD
Dec 24, Last price
26.24USD
1D
0.04%
1Q
-0.68%
Name
Synovus Financial Corp
Profile
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, and financial planning services, as well as provides individual investment advice on equity and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina, and Tennessee. The company was founded in 1888 and is headquartered in Columbus, Georgia.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,034,286 -7.79% | 2,206,236 11.26% | 1,983,013 -1.80% | |||||||
Cost of revenue | 1,354,111 | 1,041,390 | 973,208 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 680,175 | 1,164,846 | 1,009,805 | |||||||
NOPBT Margin | 33.44% | 52.80% | 50.92% | |||||||
Operating Taxes | 154,021 | 206,275 | 228,893 | |||||||
Tax Rate | 22.64% | 17.71% | 22.67% | |||||||
NOPAT | 526,154 | 958,571 | 780,912 | |||||||
Net income | 543,705 -28.26% | 757,902 -0.34% | 760,467 103.50% | |||||||
Dividends | (252,011) | (229,311) | (227,840) | |||||||
Dividend yield | 4.56% | 4.17% | 3.21% | |||||||
Proceeds from repurchase of equity | (12,987) | (236,143) | ||||||||
BB yield | 0.24% | 3.32% | ||||||||
Debt | ||||||||||
Debt current | 603,384 | 197 | ||||||||
Long-term debt | 1,232,534 | 4,109,597 | 1,753,184 | |||||||
Deferred revenue | (179,486) | 1,048,234 | ||||||||
Other long-term liabilities | 53,432,852 | (3,465,107) | (1,204,229) | |||||||
Net debt | (21,476,495) | (16,582,638) | (23,020,743) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,282,623 | 1,191,489 | 794,016 | |||||||
CAPEX | (32,207) | (30,105) | (25,954) | |||||||
Cash from investing activities | 323,966 | (4,855,482) | (4,384,166) | |||||||
Cash from financing activities | (1,132,943) | 2,631,920 | 2,347,086 | |||||||
FCF | (5,452,118) | 1,237,681 | 884,572 | |||||||
Balance | ||||||||||
Cash | 12,202,765 | 11,617,516 | 13,855,795 | |||||||
Long term investments | 10,506,264 | 9,678,103 | 10,918,329 | |||||||
Excess cash | 22,607,315 | 21,185,307 | 24,674,973 | |||||||
Stockholders' equity | 2,132,813 | 1,499,939 | 2,335,833 | |||||||
Invested Capital | 57,676,721 | 58,655,337 | 54,825,595 | |||||||
ROIC | 0.90% | 1.69% | 1.46% | |||||||
ROCE | 1.14% | 1.93% | 1.76% | |||||||
EV | ||||||||||
Common stock shares outstanding | 146,734 | 146,481 | 148,495 | |||||||
Price | 37.65 0.27% | 37.55 -21.56% | 47.87 47.88% | |||||||
Market cap | 5,524,535 0.44% | 5,500,362 -22.62% | 7,108,456 48.17% | |||||||
EV | (15,390,660) | (10,545,131) | (15,375,142) | |||||||
EBITDA | 773,633 | 1,234,018 | 1,167,792 | |||||||
EV/EBITDA | ||||||||||
Interest | 1,233,703 | 278,887 | 120,396 | |||||||
Interest/NOPBT | 181.38% | 23.94% | 11.92% |