Synovus Financial Stock

Synovus Financial Market capitalization 2024

Synovus Financial Market capitalization

6.28 B USD

Ticker

SNV

ISIN

US87161C5013

WKN

A114G1

In 2024, Synovus Financial's market cap stood at 6.28 B USD, a 54.59% increase from the 4.06 B USD market cap in the previous year.

The Synovus Financial Market capitalization history

YEARMarket Capitalization (undefined USD)
20234.74
20226.27
20216.6
20203.7
20195.62
20185.67
20175.32
20163.98
20153.95
20143.37
20132.82
20121.89
20111.57
20101.82
20091.26
20083.38
20074.26
20064
20053.87
20043.49

Synovus Financial Aktienanalyse

What does Synovus Financial do?

Synovus Financial Corp is a leading financial services company headquartered in Columbus, Georgia. The company's history dates back to 1888 when it was founded as the Bank of Columbus. Over the following decades, the company expanded and was renamed Synovus Financial Corp in 1989. Today, Synovus is a regional bank holding company offering a wide range of financial products and services that can be used by individuals and businesses. Synovus' business model is to provide services to its customers in a transparent and effective manner to ensure financial stability and growth for its customers. Synovus offers a wide range of financial services to its customers, including deposits, loans, investment advice, capital market transactions, asset management, and more. Deposit products include checking accounts, savings accounts, money market accounts, certificates, IRA accounts, and more. Synovus' credit products include personal loans, mortgages, auto loans, business loans, and more. The company also operates in various segments, including retail banking, commercial banking, and the capital markets business. In retail banking, Synovus offers banking services to individual customers. The business includes approximately 250 branches in Georgia, Alabama, Florida, South Carolina, and Tennessee. Synovus' commercial banking business provides financial services to small and medium-sized businesses. These services include cash management, loans, leasing, trade finance, and more. Synovus' capital markets business offers customers access to capital market products, including stocks, bonds, foreign currencies, and more. Synovus has also established itself as a leading provider of wealth management services. The company offers a wide range of investment products and services, including asset management, mutual funds, investment advisory, trust services, and more. In recent years, Synovus has experienced expansion into various geographic regions. The company has expanded into the banking business in North Carolina, South Carolina, and Tennessee through mergers and acquisitions. Currently, Synovus operates over 300 branches in a total of six states. Overall, Synovus has earned a reputation as an innovative and customer-focused financial services company. The company is committed to offering its customers the best possible products and services to promote financial stability and growth. With a wide range of financial products and services, Synovus is well positioned to continue growing and expanding in the coming years. Synovus Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Synovus Financial's Market Capitalization

Synovus Financial's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Synovus Financial's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Synovus Financial's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Synovus Financial’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Synovus Financial stock

What is the current Synovus Financial market capitalization?

The current market capitalization of Synovus Financial is 6.28 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Synovus Financial.

How has the market capitalization of Synovus Financial developed in recent years?

The market capitalization of Synovus Financial has increased/decreased by 54.59% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Synovus Financial?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Synovus Financial?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Synovus Financial have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Synovus Financial pay?

Over the past 12 months, Synovus Financial paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Synovus Financial is expected to pay a dividend of 1.69 USD.

What is the dividend yield of Synovus Financial?

The current dividend yield of Synovus Financial is .

When does Synovus Financial pay dividends?

Synovus Financial pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Synovus Financial?

Synovus Financial paid dividends every year for the past 23 years.

What is the dividend of Synovus Financial?

For the upcoming 12 months, dividends amounting to 1.69 USD are expected. This corresponds to a dividend yield of 3.94 %.

In which sector is Synovus Financial located?

Synovus Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Synovus Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Synovus Financial from 10/1/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.

When did Synovus Financial pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Synovus Financial in the year 2023?

In the year 2023, Synovus Financial distributed 1.36 USD as dividends.

In which currency does Synovus Financial pay out the dividend?

The dividends of Synovus Financial are distributed in USD.

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Andere Kennzahlen von Synovus Financial

Our stock analysis for Synovus Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Synovus Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.