Synovus Financial Corp.

Synovus Financial Corp.verified

SNV

Price:

$42.68

Market Cap:

$6.14B

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking, and Financial Management Services. The company's commercial banking services include treasury management, asset management, capital market, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services comprise accepting customary types of demand and savings deposits accounts; mortgage, installment, and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated f...[Read more]

Industry

Banks - Regional

IPO Date

1989-09-12

Stock Exchange

NYSE

Ticker

SNV

The Current Ratio as of September 2024 (TTM) for Synovus Financial Corp. (SNV) is 0.16

According to Synovus Financial Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of -99.99% compared to the average of 2.07K of the last 4 quarters.

Synovus Financial Corp. (SNV) Historical Current Ratio (quarterly & annually)

How has SNV Current Ratio performed in the past?

The mean historical Current Ratio of Synovus Financial Corp. over the last ten years is 7.32K. The current 0.16 Current Ratio has changed -99.78% with respect to the historical average. Over the past ten years (40 quarters), SNV's Current Ratio was at its highest in in the June 2023 quarter at 7.97K. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

7.32K

Median

1.32

Minimum

0

Maximum

71.56K

Synovus Financial Corp. (SNV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Synovus Financial Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 71.56K

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.24-72.20%
20220.86-100.00%
202171.56K4.36%
20201.60K34.54%
20194.63-89.28%
201843.203.23%
20171.30-3.31%
20161.34Infinity%
201500%
201400%

Synovus Financial Corp. (SNV) Average Current Ratio

How has SNV Current Ratio performed in the past?

The current Current Ratio of Synovus Financial Corp. (SNV) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

23.86K

5-year avg

14.63K

10-year avg

7.32K

Synovus Financial Corp. (SNV) Current Ratio vs. Peers

How is SNV’s Current Ratio compared to its peers?

Synovus Financial Corp.’s Current Ratio is greater than Huntington Bancshares Incorporated (0.11), less than Fifth Third Bancorp (0.27), less than M&T Bank Corporation (0.50), greater than Citizens Financial Group, Inc. (0.14), less than First Horizon Corporation (0.21), less than Renasant Corporation (0), less than Pinnacle Financial Partners, Inc. (0.24), greater than Community Bank System, Inc. (0.13), greater than Hancock Whitney Corporation (0.06), greater than BOK Financial Corporation (0.11), less than The First Bancshares, Inc. (0.20), less than Cadence Bank (82.89), greater than Trustmark Corporation (0.09), greater than Ameris Bancorp (0.10), greater than HarborOne Bancorp, Inc. (0), greater than SouthState Corporation (0.12), greater than United Community Banks, Inc. (0), greater than Southern First Bancshares, Inc. (0.03), greater than SmartFinancial, Inc. (0.07), less than null (70.12),

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