The current PE ratio for Synovus Financial stock as of Apr 25, 2024 is 10.51. This is calculated based on the TTM EPS of $3.48 and the stock price of $36.59 per share. The PE ratio has an increase of 45% from its last 4 quarters average of 7.2.
The average historical PE ratio of Synovus Financial for the last ten years is 13.93. The current price-to-earnings ratio of 10.51 is 25% less than the historical average. Analyzing the last ten years, SNV's PE ratio reached its highest point in the Dec 2017 quarter at 21.89, when the price was $47.94 and the EPS was $2.19. The lowest point was recorded in the Jun 2023 quarter, when it reached 5.86 with a price of $30.25 and an EPS of $5.16.
Maximum annual increase: 43.69% in 2023
Maximum annual decrease: -58.11% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.82 | 43.69% |
| 2022 | 7.53 | -22.13% |
| 2021 | 9.67 | -30.98% |
| 2020 | 14.01 | 25.09% |
| 2019 | 11.2 | 22.14% |
| 2018 | 9.17 | -58.11% |
| 2017 | 21.89 | 1.25% |
| 2016 | 21.62 | 8.81% |
| 2015 | 19.87 | -1.73% |
| 2014 | 20.22 | -25.39% |
The current PE ratio of SNV is above its 3 and 5-year averages, but it is under its 10-year average.
When compared to its peers WFC and PNC, SNV's PE ratio is lower, but it is higher than RF's and FHN's. Synovus Financial's PE ratio is trading below the peer average of 11.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RF Regions Financial Corp | 9.36 | $18.14B |
| FHN First Horizon Corp | 9.4 | $8.3B |
| SNV Synovus Financial Corp | 10.66 | $5.43B |
| FCCO First Community Corp | 10.72 | $127.56M |
| FITB Fifth Third Bancorp | 11.43 | $25.16B |
| UBSI United Bankshares Inc | 12.13 | $4.45B |
| PNC Pnc Financial Services Group Inc | 12.23 | $62.26B |
| WFC Wells Fargo & Company | 12.25 | $213.93B |
| FCBC First Community Bankshares Inc | 12.6 | $621.17M |
SNV stock has a price to earnings ratio of 10.51 as of Apr 25, 2024.
The 3-year average PE ratio for SNV stock is 8.36.
The 5-year average PE ratio for SNV stock is 9.19.
Over the last ten years, the quarterly PE ratio reached its highest level at 21.89 in the Dec 2017 quarter.
The current PE ratio of SNV is 25% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 25, 2024), Synovus Financial's share price is $36.59. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.48. Therefore, Synovus Financial's price to earnings ratio for today is 10.51. PE RATIO(10.51) = STOCK PRICE($36.59) / TTM EPS($3.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.