With that in mind, let's delve into the average projections of some Synovus metrics that are commonly tracked and projected by analysts on Wall Street. The consensus among analysts is that 'net interest margin, taxable equivalent' will reach 3.2%. The estimate is in contrast to the year-ago figure of 3.1%. Analysts forecast 'Efficiency ratio - TE' to reach 54.8%. Compared to the present estimate, the company reported 72% in the same quarter last year. In its upcoming report, Synovus Financial (SNV) is predi ...

Synovus Financial Corp. SNV will release its fourth-quarter financial results, after the closing bell, on Wednesday, Jan. 15, 2025.Analysts expect the New York-based company to report quarterly earnings at $1.22 per share, up from 84 cents per share in the year-ago period. Synovus Financial projects quarterly revenue of $19.43 billion, compared to $17.44 billion a year earlier, according to data from Benzinga Pro.On Monday, Barclays upgraded the stock from Equal-Weight to Overweight and raised its price tar ...

Synovus Financial Corp. (SNV) shares have gained 31.5% in the past six months, outperforming the industry’s growth of 19.7%. The stock has also outperformed its close peers like Hancock Whitney Corporation (HWC) and F.N.B. Corporation (FNB) in the same time frame.Six-Month Price PerformanceImage Source: Zacks Investment ResearchAfter such a strong rally, investors are left wondering whether they should buy SNV stock now or wait for a better entry point. Let us find out.What’s Aiding SNV’s Performance?Positi ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Synovus Financial (SNV) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 15, 2025, might help the stock move higher if these key numbers are better ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Synovus Financial (SNV) , which belongs to the Zacks Banks - Southeast industry, could be a great candidate to consider.This holding company for Synovus Bank has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 16.84%.For the las ...

Synovus Financial (NYSE: SNV ) is a regional bank with a presence in the American southeast. In addition to common shares, the bank also offers two issuances of preferred stock, a floating rate Series D (About My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication on Mo ...

Synovus Financial (SNV) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this holding company for Synovus Bank, should get reflected in its stock price. After all, empirical research shows a strong correlat ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 10-Q ______________________________ ☒ Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 Commission file number 1-10312 ______________________________ SYNOVUS FINANCIAL CORP. (Exact name of registrant as specified in its charter) ______________________________ Georgia 58-1134883 (State or other jurisdiction of incor ...

Synovus Financial Corp. (NYSE:SNV) Q3 2024 Earnings Conference Call October 17, 2024 8:30 AM ET Company Participants Jennifer Demba - Head of IR Kevin Blair - Chairman, President and CEO Jamie Gregory - CFO Bob Derrick - Chief Credit Officer Conference Call Participants Brandon King - Truist Jared Shaw - Barclays Timur Braziler - Wells Fargo Ebrahim Poonawala - Bank of America Chris Marinac - Janney Montgomery Scott Tony Elian - JP Morgan Samuel Varga - UBS Stephen Scouten - Piper Sandler Michael Rose - Ray ...