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SNV (Synovus Financial) Net Margin % : 34.29% (As of Mar. 2025)


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What is Synovus Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Synovus Financial's Net Income for the three months ended in Mar. 2025 was $195 Mil. Synovus Financial's Revenue for the three months ended in Mar. 2025 was $569 Mil. Therefore, Synovus Financial's net margin for the quarter that ended in Mar. 2025 was 34.29%.

The historical rank and industry rank for Synovus Financial's Net Margin % or its related term are showing as below:

SNV' s Net Margin % Range Over the Past 10 Years
Min: 18.51   Med: 24.82   Max: 38.35
Current: 27.49


SNV's Net Margin % is ranked better than
57.39% of 1589 companies
in the Banks industry
Industry Median: 24.87 vs SNV: 27.49

Synovus Financial Net Margin % Historical Data

The historical data trend for Synovus Financial's Net Margin % 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 Net Margin % Chart

Synovus Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.51 38.35 34.45 25.27 24.36

Synovus Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.15 -4.58 32.65 32.80 34.29

Competitive Comparison of Synovus Financial's Net Margin %

For the Banks - Regional subindustry, Synovus Financial's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Synovus Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Synovus Financial's Net Margin % falls into.


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Synovus Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Synovus Financial's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=482.46/1980.481
=24.36 %

Synovus Financial's Net Margin for the quarter that ended in Mar. 2025 is calculated as

Net Margin=Net Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=195.014/568.65
=34.29 %

* 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.


Synovus Financial  (NYSE:SNV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Synovus Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of Synovus Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Synovus Financial Business Description

Traded in Other Exchanges
Address
33 West 14th Street, 4th Floor, Columbus, GA, USA, 31901
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
Thomas T Dierdorff officer: EVP, Corp. & Inv. Banking 1111 BAY AVENUE, COLUMBUS GA 31901
Kevin Joseph Howard officer: EVP, Chief Wholesale Bank. Off 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Akins D Wayne Jr officer: EVP, Chief Comm Banking Off. P.O. BOX 120, COLUMBUS GA 31902
Gregory Andrew J. Jr. officer: EVP & Chief Financial Officer 1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Jill K Hurley officer: Chief Accounting Officer 1111 BAY AVENUE, SUITE 200, COLUMBUS GA 31901
Tim E Bentsen director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
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
Alexandra Villoch director 1111 BAY AVENUE, COLUMBUS GA 31901