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 Dividend Yield as of September 2024 (TTM) for Synovus Financial Corp. (SNV) is 3.56%

According to Synovus Financial Corp.’s latest financial reports and current stock price. The company's current Dividend Yield is 3.56%. This represents a change of 182.88% compared to the average of 1.26% of the last 4 quarters.

Synovus Financial Corp. (SNV) Historical Dividend Yield (quarterly & annually)

How has SNV Dividend Yield performed in the past?

The mean historical Dividend Yield of Synovus Financial Corp. over the last ten years is 2.84%. The current 3.56% Dividend Yield has changed 25.48% with respect to the historical average. Over the past ten years (40 quarters), SNV's Dividend Yield was at its highest in in the June 2020 quarter at 2.05%. The Dividend Yield was at its lowest in in the June 2017 quarter at 0.05%.

Quarterly (TTM)
Annual

Average

2.84%

Median

3.13%

Minimum

1.12%

Maximum

4.68%

Synovus Financial Corp. (SNV) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Synovus Financial Corp. Dividend Yield, 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 = 185.82%

Maximum Annual Dividend Yield = 4.68%

Minimum Annual Increase = -37.69%

Minimum Annual Dividend Yield = 1.12%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.58%9.04%
20224.20%29.79%
20213.24%-30.78%
20204.68%52.36%
20193.07%-3.91%
20183.19%185.82%
20171.12%-18.03%
20161.36%-10.88%
20151.53%8.20%
20141.41%-37.69%

Synovus Financial Corp. (SNV) Average Dividend Yield

How has SNV Dividend Yield performed in the past?

The current Dividend Yield 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

4.01%

5-year avg

3.95%

10-year avg

2.84%

Synovus Financial Corp. (SNV) Dividend Yield vs. Peers

How is SNV’s Dividend Yield compared to its peers?

Synovus Financial Corp.’s Dividend Yield is less than Huntington Bancshares Incorporated (4.33%), less than Fifth Third Bancorp (3.44%), less than M&T Bank Corporation (3.18%), less than Citizens Financial Group, Inc. (4.13%), less than First Horizon Corporation (3.91%), less than Renasant Corporation (0%), less than Pinnacle Financial Partners, Inc. (2.68%), less than Community Bank System, Inc. (0.95%), less than Hancock Whitney Corporation (3.10%), less than BOK Financial Corporation (2.80%), less than The First Bancshares, Inc. (2.17%), less than Cadence Bank (3.10%), less than Trustmark Corporation (3.17%), less than Ameris Bancorp (2.88%), less than HarborOne Bancorp, Inc. (1.01%), less than SouthState Corporation (2.51%), less than United Community Banks, Inc. (2.25%), less than Southern First Bancshares, Inc. (4.13%), greater than SmartFinancial, Inc. (0%), less than null (1.14%),

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