Synovus' (SNV) Organic Expansion Drives Growth, High Costs Ail [Yahoo! Finance]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.synovus.com
Company Research
Source: Yahoo! Finance
Balance sheet strength and strong liquidity position are other positives. However, escalating expenses due to investments in technology and a steady decline in mortgage banking income are near-term headwinds. SNV is committed to its organic growth strategy. The bank is focused on expanding its corporate and investment banking, along with middle-market commercial banking verticals. The company's relationship banking model has driven steady loan and deposit growth over the past few years. Additionally, its deposits are well-diversified across several industries and geographic locations within the strong growth markets of the Southeast. The company benefits from high interest rates. Its net interest income (NII) has seen a steady uptrend in the past few years. Management expects NII to improve in the second half of 2024, backed by fixed-rate investment securities portfolio repositioning, high asset yields and a decline in funding costs. Decent loan demand will also offer support to N
Show less
Read more
Impact Snapshot
Event Time:
SNV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNV alerts
High impacting Synovus Financial Corp. news events
Weekly update
A roundup of the hottest topics
SNV
News
- Dow falls from high, Micron earnings: Market Domination Overtime [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dow falls from high, Micron earnings: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
- AI chip memory drives Micron's earnings beat [Yahoo! Finance Canada]Yahoo! Finance Canada
- AI chip memory drives Micron's earnings beat [Yahoo! Finance]Yahoo! Finance
- Synovus Financial Corp. (NYSE: SNV) had its price target raised by analysts at Truist Financial Co. from $50.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
SNV
Earnings
- 7/17/24 - Beat
SNV
Sec Filings
- 9/4/24 - Form S-3ASR
- 9/4/24 - Form 8-K
- 8/27/24 - Form N-PX
- SNV's page on the SEC website