Synovus Financial Corp (SNV) - Net Assets
Based on the latest financial reports, Synovus Financial Corp (SNV) has net assets worth $5.84 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.49 Billion) and total liabilities ($54.65 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Synovus Financial Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.84 Billion |
| % of Total Assets | 9.65% |
| Annual Growth Rate | 9.43% |
| 5-Year Change | 2.03% |
| 10-Year Change | 75.53% |
| Growth Volatility | 16.39 |
Synovus Financial Corp - Net Assets Trend (1990–2024)
This chart illustrates how Synovus Financial Corp's net assets have evolved over time, based on quarterly financial data. Also explore Synovus Financial Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Synovus Financial Corp (1990–2024)
The table below shows the annual net assets of Synovus Financial Corp from 1990 to 2024. For live valuation and market cap data, see Synovus Financial Corp (SNV) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.27 Billion | +2.37% |
| 2023-12-31 | $5.14 Billion | +14.93% |
| 2022-12-31 | $4.48 Billion | -15.50% |
| 2021-12-31 | $5.30 Billion | +2.62% |
| 2020-12-31 | $5.16 Billion | +4.44% |
| 2019-12-31 | $4.94 Billion | +57.70% |
| 2018-12-31 | $3.13 Billion | +5.81% |
| 2017-12-31 | $2.96 Billion | +1.15% |
| 2016-12-31 | $2.93 Billion | -2.41% |
| 2015-12-31 | $3.00 Billion | -1.35% |
| 2014-12-31 | $3.04 Billion | +3.13% |
| 2013-12-31 | $2.95 Billion | -17.38% |
| 2012-12-31 | $3.57 Billion | +26.24% |
| 2011-12-31 | $2.83 Billion | -6.52% |
| 2010-12-31 | $3.02 Billion | +5.33% |
| 2009-12-31 | $2.87 Billion | -24.82% |
| 2008-12-31 | $3.82 Billion | +10.98% |
| 2007-12-31 | $3.44 Billion | -12.77% |
| 2006-12-31 | $3.95 Billion | +25.40% |
| 2005-12-31 | $3.15 Billion | +12.02% |
| 2004-12-31 | $2.81 Billion | +17.67% |
| 2003-12-31 | $2.39 Billion | +10.61% |
| 2002-12-31 | $2.16 Billion | +20.32% |
| 2001-12-31 | $1.79 Billion | +19.73% |
| 2000-12-31 | $1.50 Billion | +16.04% |
| 1999-12-31 | $1.29 Billion | +10.91% |
| 1998-12-31 | $1.16 Billion | +23.01% |
| 1997-12-31 | $946.30 Million | +15.68% |
| 1996-12-31 | $818.00 Million | +13.39% |
| 1995-12-31 | $721.40 Million | +35.96% |
| 1994-12-31 | $530.60 Million | +6.98% |
| 1993-12-31 | $496.00 Million | +14.66% |
| 1992-12-31 | $432.60 Million | +39.64% |
| 1991-12-31 | $309.80 Million | +26.09% |
| 1990-12-31 | $245.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Synovus Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 273608900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.74 Billion | 52.17% |
| Common Stock | $172.19 Million | 3.28% |
| Other Comprehensive Income | $-970.76 Million | -18.51% |
| Other Components | $3.31 Billion | 63.06% |
| Total Equity | $5.24 Billion | 100.00% |
Synovus Financial Corp Competitors by Market Cap
The table below lists competitors of Synovus Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SODEXO S.A. ADR/ 1/5 EO 4
F:SJ70
|
$6.95 Billion |
|
Volvo Car AB (publ.)
ST:VOLCAR-B
|
$6.95 Billion |
|
Pegatron Corp
TW:4938
|
$6.95 Billion |
|
BILIBILI INC. DL -0001
F:71BB
|
$6.96 Billion |
|
Orica Ltd
AU:ORI
|
$6.94 Billion |
|
UNO Minda Limited
NSE:UNOMINDA
|
$6.94 Billion |
|
Stockland
AU:SGP
|
$6.94 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
$6.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synovus Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,119,993,000 to 5,244,557,000, a change of 124,564,000 (2.4%).
- Net income of 482,460,000 contributed positively to equity growth.
- Dividend payments of 260,824,000 reduced retained earnings.
- Share repurchases of 272,343,000 reduced equity.
- Other comprehensive income increased equity by 146,308,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $482.46 Million | +9.2% |
| Dividends Paid | $260.82 Million | -4.97% |
| Share Repurchases | $272.34 Million | -5.19% |
| Other Comprehensive Income | $146.31 Million | +2.79% |
| Other Changes | $28.96 Million | +0.55% |
| Total Change | $- | 2.43% |
Book Value vs Market Value Analysis
This analysis compares Synovus Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.20x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $9.62 | $50.05 | x |
| 1991-12-31 | $11.29 | $50.05 | x |
| 1992-12-31 | $12.85 | $50.05 | x |
| 1993-12-31 | $14.54 | $50.05 | x |
| 1994-12-31 | $14.41 | $50.05 | x |
| 1995-12-31 | $18.60 | $50.05 | x |
| 1996-12-31 | $20.73 | $50.05 | x |
| 1997-12-31 | $23.33 | $50.05 | x |
| 1998-12-31 | $28.08 | $50.05 | x |
| 1999-12-31 | $30.30 | $50.05 | x |
| 2000-12-31 | $34.58 | $50.05 | x |
| 2001-12-31 | $40.10 | $50.05 | x |
| 2002-12-31 | $47.43 | $50.05 | x |
| 2003-12-31 | $51.54 | $50.05 | x |
| 2004-12-31 | $59.58 | $50.05 | x |
| 2005-12-31 | $65.58 | $50.05 | x |
| 2006-12-31 | $80.07 | $50.05 | x |
| 2007-12-31 | $73.03 | $50.05 | x |
| 2008-12-31 | $80.50 | $50.05 | x |
| 2009-12-31 | $53.51 | $50.05 | x |
| 2010-12-31 | $30.63 | $50.05 | x |
| 2011-12-31 | $25.20 | $50.05 | x |
| 2012-12-31 | $27.45 | $50.05 | x |
| 2013-12-31 | $21.97 | $50.05 | x |
| 2014-12-31 | $21.86 | $50.05 | x |
| 2015-12-31 | $22.52 | $50.05 | x |
| 2016-12-31 | $23.41 | $50.05 | x |
| 2017-12-31 | $24.27 | $50.05 | x |
| 2018-12-31 | $26.47 | $50.05 | x |
| 2019-12-31 | $31.67 | $50.05 | x |
| 2020-12-31 | $34.82 | $50.05 | x |
| 2021-12-31 | $35.67 | $50.05 | x |
| 2022-12-31 | $30.56 | $50.05 | x |
| 2023-12-31 | $34.89 | $50.05 | x |
| 2024-12-31 | $36.17 | $50.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synovus Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.09%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 11.48x
- Recent ROE (9.20%) is below the historical average (10.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 15.28% | 14.61% | 0.08x | 13.02x | $12.41 Million |
| 1991 | 13.64% | 8.31% | 0.12x | 13.70x | $10.80 Million |
| 1992 | 14.71% | 10.28% | 0.11x | 12.46x | $19.60 Million |
| 1993 | 14.93% | 11.55% | 0.11x | 11.81x | $23.47 Million |
| 1994 | 17.00% | 12.46% | 0.11x | 12.04x | $35.59 Million |
| 1995 | 16.52% | 11.98% | 0.12x | 11.43x | $45.24 Million |
| 1996 | 17.82% | 12.82% | 0.13x | 10.99x | $61.24 Million |
| 1997 | 18.90% | 13.69% | 0.13x | 10.25x | $80.43 Million |
| 1998 | 17.67% | 14.30% | 0.13x | 9.72x | $85.31 Million |
| 1999 | 18.37% | 13.84% | 0.13x | 10.23x | $102.63 Million |
| 2000 | 18.53% | 13.64% | 0.13x | 10.52x | $120.84 Million |
| 2001 | 18.39% | 15.11% | 0.12x | 9.83x | $142.12 Million |
| 2002 | 17.90% | 17.67% | 0.11x | 9.33x | $161.26 Million |
| 2003 | 17.32% | 17.63% | 0.10x | 9.64x | $164.42 Million |
| 2004 | 16.55% | 17.83% | 0.10x | 9.48x | $172.90 Million |
| 2005 | 17.51% | 28.32% | 0.07x | 9.37x | $221.51 Million |
| 2006 | 16.63% | 25.97% | 0.07x | 8.59x | $246.05 Million |
| 2007 | 15.29% | 20.16% | 0.08x | 9.61x | $182.15 Million |
| 2008 | -15.38% | -25.89% | 0.06x | 9.45x | $-961.15 Million |
| 2009 | -50.22% | -74.63% | 0.06x | 11.52x | $-1.72 Billion |
| 2010 | -26.37% | -48.72% | 0.05x | 10.04x | $-1.09 Billion |
| 2011 | -2.14% | -4.10% | 0.05x | 9.61x | $-343.37 Million |
| 2012 | 23.26% | 63.51% | 0.05x | 7.50x | $473.27 Million |
| 2013 | 5.40% | 13.50% | 0.05x | 8.88x | $-135.52 Million |
| 2014 | 6.42% | 16.52% | 0.04x | 8.89x | $-108.88 Million |
| 2015 | 7.54% | 18.65% | 0.04x | 9.60x | $-73.94 Million |
| 2016 | 8.43% | 19.04% | 0.04x | 10.28x | $-46.01 Million |
| 2017 | 9.30% | 18.27% | 0.05x | 10.54x | $-20.68 Million |
| 2018 | 13.67% | 26.38% | 0.05x | 10.43x | $115.12 Million |
| 2019 | 11.41% | 23.43% | 0.05x | 9.75x | $69.61 Million |
| 2020 | 7.24% | 16.17% | 0.04x | 10.54x | $-142.44 Million |
| 2021 | 14.36% | 36.15% | 0.04x | 10.82x | $230.79 Million |
| 2022 | 16.93% | 30.57% | 0.04x | 13.35x | $310.32 Million |
| 2023 | 10.62% | 16.06% | 0.06x | 11.68x | $31.71 Million |
| 2024 | 9.20% | 14.09% | 0.06x | 11.48x | $-42.00 Million |
Industry Comparison
This section compares Synovus Financial Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Synovus Financial Corp (SNV) | $5.84 Billion | 15.28% | 9.36x | $6.95 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Synovus Financial Corp
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. It operates in four segments: Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services. The company provides commercial banking services, including commercial, financial, real estate lending, treasu… Read more