Synovus Financial Corp. logo SNV - Synovus Financial Corp.

Inactive Ticker SNV is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 18
HOLD 14
SELL 0
STRONG
SELL 0
| PRICE TARGET: $70.00 DETAILS
HIGH: $70.00
LOW: $70.00
MEDIAN: $70.00
CONSENSUS: $70.00
UPSIDE: 39.86%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Fair Value Moderate
Trading 15.9% below fair value
Current Price $50.05
Bear Case $41.64 16.8% downside ($41.64 - $50.05) / $50.05 = -16.8% ROTCE 7.7% → 0.52x TBV
Fair Value $59.49 18.9% upside ($59.49 - $50.05) / $50.05 = 18.9% ROTCE 10.2% → 0.88x TBV
Bull Case $77.34 54.5% upside ($77.34 - $50.05) / $50.05 = 54.5% ROTCE 11.7% → 1.10x TBV

Adjust Assumptions

10.2%
11.0%

Key Value Driver

ROTCE (10.2%) vs. cost of equity (11.0%)

Implied Market Multiple 1.47x

Plain-Language Summary

Our base-case estimate uses P/Tangible Book × ROE Quality. We then blend that result with the average analyst price target of $70.00 from 32 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $59.49 per share.

Warnings

⚠ Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
⚠ Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.
⚠ Return on equity (10.2%) is below the minimum investors require (11.0%). This means the bank is worth less than the net assets on its books.
ℹ Dividend-based valuation: $21.13 (62% below our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.

Key Risks

  • Book value quality matters as much as level — check loan loss reserves
  • Interest rate sensitivity creates non-linear earnings surprises
  • Insurance reserving is actuarial, not financial — errors emerge slowly