SNV vs. FBP: Which Stock Is the Better Value Option?

Core Viewpoint - Synovus Financial (SNV) is currently positioned as a more attractive investment option compared to First Bancorp (FBP) based on various valuation metrics and earnings outlook [1][3]. Valuation Metrics - SNV has a forward P/E ratio of 8.29, while FBP has a forward P/E of 10.16, indicating that SNV is potentially undervalued [5]. - The PEG ratio for SNV is 0.81, suggesting a favorable earnings growth outlook compared to FBP's PEG ratio of 1.61 [5]. - SNV's P/B ratio stands at 1.20, compared to FBP's P/B of 1.83, further supporting SNV's valuation advantage [6]. Earnings Outlook - SNV holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while FBP has a Zacks Rank of 4 (Sell), suggesting a less favorable earnings outlook [3]. - The solid earnings outlook for SNV contributes to its superior valuation metrics and overall investment appeal [6]. Value Grades - SNV has been assigned a Value grade of A, while FBP has a Value grade of C, reflecting SNV's stronger position in terms of value investing criteria [6].