Synovus Financial (Synovus Financial) Price-to-Tangible-Book

: 1.25 (As of Today)

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As of today (2024-04-19), Synovus Financial's share price is $34.67. Synovus Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $27.65. Hence, Synovus Financial's Price to Tangible Book Ratio of today is 1.25.

The historical rank and industry rank for Synovus Financial's Price-to-Tangible-Book or its related term are showing as below:

SNV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 1.49 Max: 2.06
Current: 1.25

During the past 13 years, Synovus Financial's highest Price to Tangible Book Ratio was 2.06. The lowest was 1.16. And the median was 1.49.

SNV's Price-to-Tangible-Book is ranked worse than
69.85% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs SNV: 1.25

A closely related ratio is called PB Ratio. As of today, Synovus Financial's share price is $34.67. Synovus Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $31.24. Hence, Synovus Financial's P/B Ratio of today is 1.11.

Synovus Financial Price-to-Tangible-Book Historical Data

The historical data trend for Synovus Financial's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Synovus Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.50

1.16

1.63

1.58

1.36

Synovus Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.58	1.20	1.19	1.17	1.36

Competitive Comparison

For the Banks - Regional subindustry, Synovus Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Synovus Financial Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Synovus Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Synovus Financial's Price-to-Tangible-Book falls into.

Synovus Financial Price-to-Tangible-Book Calculation

Synovus Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	34.67	/	27.651
	=	1.25

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Synovus Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Synovus Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Synovus Financial (Synovus Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Synovus Financial Corp (NYSE:SNV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SNVpE.PFD:USA SNVpD.PFD:USA SYU1:Germany SYU1:Germany

Address

1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901

Website

https://www.synovus.com

Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Executives

Allan E Kamensky	officer: EVP and General Counsel	P.O. BOX 120, COLUMBUS GA 31902
Eli Samaha	10 percent owner	ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Shellie Creson	officer: EVP and Chief Risk Officer	1111 BAY AVENUE, COLUMBUS GA 31901
John H. Irby	director	1111 BAY AVENUE, COLUMBUS GA 31901
Daniel Zachary Bishop	officer: EVP, Tech., Ops., & Sec.	1111 BAY AVENUE, COLUMBUS GA 31901
Kevin S. Blair	officer: President and CEO	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Diana M Murphy	director	C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Stacy Apter	director	1111 BAY AVENUE, COLUMBUS GA 31901
Thomas T Dierdorff	officer: EVP, Corp. & Inv. Banking	1111 BAY AVENUE, COLUMBUS GA 31901
Alexandra Villoch	director	1111 BAY AVENUE, COLUMBUS GA 31901
Prochaska Joseph J Jr	director	METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Teresa L White	director	1932 WYNNTON RD, COLUMBUS GA 31999
Gregory Andrew J. Jr.	officer: EVP & Chief Financial Officer	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Robert Warren Derrick	officer: EVP & Chief Credit Officer	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Elizabeth D. Wolverton	officer: EVP, Head Con. Bank. Brand Exp	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901