Synovus Financial Stock

Synovus Financial P/S 2024

Synovus Financial P/S

2.67

Ticker

SNV

ISIN

US87161C5013

WKN

A114G1

As of Aug 24, 2024, Synovus Financial's P/S ratio stood at 2.67, a 124.37% change from the 1.19 P/S ratio recorded in the previous year.

The Synovus Financial P/S history

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.

P/S Details

Decoding Synovus Financial's P/S Ratio

Synovus Financial's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Synovus Financial's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Synovus Financial's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Synovus Financial’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Synovus Financial stock

What is the price-to-earnings ratio of Synovus Financial?

The price-earnings ratio of Synovus Financial is currently 2.67.

How has the price-earnings ratio of Synovus Financial changed compared to last year?

The price-to-earnings ratio of Synovus Financial has increased by 124.37% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Synovus Financial high compared to other companies?

Yes, the price-to-earnings ratio of Synovus Financial is high compared to other companies.

How does an increase in the price-earnings ratio of Synovus Financial affect the company?

An increase in the price-earnings ratio of Synovus Financial would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Synovus Financial affect the company?

A decrease in the price-earnings ratio of Synovus Financial would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Synovus Financial?

Some factors that influence the price-earnings ratio of Synovus Financial are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Synovus Financial pay?

Over the past 12 months, Synovus Financial paid a dividend of 1.52 USD . This corresponds to a dividend yield of about 3.3 %. 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 3.3 %.

When does Synovus Financial pay dividends?

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

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 3.66 %.

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 7/1/2024 amounting to 0.38 USD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Synovus Financial pay the last dividend?

The last dividend was paid out on 7/1/2024.

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.