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SNV Synovus Financial PE ratio, current and historical analysis

The current PE ratio for Synovus Financial stock as of Jun 18, 2024 is 12.69. This is calculated based on the TTM EPS of $2.93 and the stock price of $37.18 per share. The PE ratio has an increase of 39% from its last 4 quarters average of 9.2.

SNV PE ratio history

How has SNV's PE ratio performed in the past

The average historical PE ratio of Synovus Financial for the last ten years is 13.93. The current price-to-earnings ratio of 12.69 is 9% 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.

Average
13.93
Median
13.75
Minimum
5.86
Maximum
21.89

Synovus Financial PE ratio by year

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%

SNV average PE ratio chart

What is the average PE ratio of SNV for the past years

The current PE ratio of SNV is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
8.8
5-year avg
9.41
10-year avg
13.93
15-year avg
13.77

SNV PE vs peers

What is SNV's PE ratio compared to its peers

When compared to its peers PNC and FCBC, SNV's PE ratio is lower, but it is higher than WFC's and FITB's. Synovus Financial's PE ratio is trading above the peer average of 11.69.

Stock name PE ratio Market cap
FHN First Horizon Corp 9.87 $7.94B
RF Regions Financial Corp 10.27 $17.3B
FITB Fifth Third Bancorp 11.37 $24.51B
FCCO First Community Corp 11.69 $128.4M
UBSI United Bankshares Inc 11.94 $4.23B
WFC Wells Fargo & Company 12.11 $204.75B
SNV Synovus Financial Corp 12.47 $5.35B
PNC Pnc Financial Services Group Inc 12.81 $60.72B
FCBC First Community Bankshares Inc 12.97 $630.63M

Frequently asked questions

What is Synovus Financial's PE ratio?

SNV stock has a price to earnings ratio of 12.69 as of Jun 18, 2024.

What is the 3-year average PE ratio for Synovus Financial (SNV)?

The 3-year average PE ratio for SNV stock is 8.8.

What is the 5-year average PE ratio for Synovus Financial (SNV)?

The 5-year average PE ratio for SNV stock is 9.41.

What is the highest PE ratio for SNV?

Over the last ten years, the quarterly PE ratio reached its highest level at 21.89 in the Dec 2017 quarter.

How does the current PE ratio for SNV compare to its historical average?

The current PE ratio of SNV is 9% lower than the 10-year historical average.

How is SNV's PE ratio calculated (Synovus Financial PE ratio formula)?

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 (Jun 18, 2024), Synovus Financial's share price is $37.18. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.93. Therefore, Synovus Financial's price to earnings ratio for today is 12.69. PE RATIO(12.69) = STOCK PRICE($37.18) / TTM EPS($2.93)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.