
Synovus Financial (SNV) Stock Forecast & Price Target
Synovus Financial (SNV) Analyst Ratings
Bulls say
Synovus Financial Corp. is experiencing positive financial momentum, evidenced by a sequential increase of 3.3% in net interest income, reaching $474.7 million, alongside an improved net interest margin of 3.41%, up 4 basis points. The bank's adjusted revenues are projected to grow approximately 6.5%, while average earning assets increased by 4% quarter-over-quarter, indicating robust asset growth. Additionally, the Common Equity Tier 1 (CET1) ratio strengthened to 11.24%, supporting a stable capital position amid favorable trends in net interest income and asset quality.
Bears say
The negative outlook on Synovus Financial's stock is primarily driven by disappointing loan growth, with a 2% loan increase falling short of the ~7% LQA required to meet fiscal year 2025 growth targets. Despite a reduction in non-performing assets (NPAs) and a slight decline in criticized loans, concerns about pro forma growth persist alongside the potential impact of interest rate fluctuations on earnings, particularly if rates decrease faster than anticipated. Additionally, challenges such as poor integration, regulatory delays, and broader economic factors may hinder the bank's performance and result in increased volatility in earnings and stock prices.
This aggregate rating is based on analysts' research of Synovus Financial and is not a guaranteed prediction by Public.com or investment advice.
Synovus Financial (SNV) Analyst Forecast & Price Prediction
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