Synovus Financial

Synovus Financial Gross Margin

Delisted

The Gross Margin of Synovus Financial (SNV) as of Oct 19, 2026 is 53.84 %. In the previous year, Gross Margin was 58.36 % — a change of -7.74% (lower).

Gross Margin

53.84 %

YoY

-7.74%

Last updated:

Gross Margin of Synovus Financial is 2024 53.84 % . Gross Margin of Synovus Financial was 2023 58.36 % . It decreases by -7.74% lower compared to the previous year.

For Synovus Financial, the gross margin of 93.1% is up versus 82.4% a few years ago.

The Synovus Financial Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2017
86.31 USD
Jan 1, 2018
84.76 USD
Jan 1, 2019
77.45 USD
Jan 1, 2020
72.01 USD
Jan 1, 2021
99.33 USD
Jan 1, 2022
85.34 USD
Jan 1, 2023
58.36 USD
Jan 1, 2024
53.84 USD
The Synovus Financial Gross Margin history
YEARGross MarginYoY
53.84 %-7.74%
58.36 %-31.61%
85.34 %-14.08%
99.33 %+37.93%
72.01 %-7.03%
77.45 %-8.62%
84.76 %-1.80%
86.31 %-2.25%
88.30 %-0.39%
88.65 %+0.87%
87.88 %+9,318.84%
0.93 %+30.25%
0.72 %+7.59%
0.67 %+446.47%
0.12 %-144.85%
-0.27 %-152.73%
0.52 %-42.03%
0.89 %-6.39%
0.95 %+1.41%
0.94 %—

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Synovus Financial Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Synovus Financial stock

Gross Margin of Synovus Financial is 53.84 % in 2024.

Gross Margin of Synovus Financial changed from 58.36 % to 53.84 %, representing a -7.74% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Synovus Financial since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Synovus Financial with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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