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Added to YB: 2023-04-25

Pitch date: 2023-04-25

SNV [bullish]

Synovus Financial Corp.

+96.11%

current return

Author Info

No bio for this author

Company Info

Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and consumer banking products and services in the United States.

Market Cap

$6.5B

Pitch Price

$26.81

Price Target

N/A

Dividend

3.34%

EV/EBITDA

N/A

P/E

8.75

EV/Sales

N/A

Sector

Banks

Category

value

Show full summary:
Appleseed Fund new holding: Synovus Financial (SNV)

SNV: Georgia regional bank performing well in 2022 despite poor timing of our initial purchase. Expanding NIM, hit cost & revenue targets from 2020 restructuring, lower NPLs, faster loan growth. Undervalued by market when we bought earlier this year.

Read full article (1 min)