Synovus Financial's High Asset Sensitivity To Hurt Earnings [Seeking Alpha]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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US:NYSE Investor Relations:
investor.synovus.com
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Source: Seeking Alpha
SummaryEarnings will likely plunge this year due to the interest rate cut and high asset sensitivity of the balance sheet. Increase in provisioning charges too will likely drag earnings.Loan growth and the non-recurrence of merger-related expenses will likely support earnings.The December 2020 target price suggests a high price upside. However, investors should remain cautious about the stock's high riskiness.Earnings of Synovus Financial Corp. (SNVAsset Sensitivity And Normalization Of Purchase Accounting To Hurt Net Interest IncomeSNV’s balance sheet is asset-sensitive, meaning that its net interest margin, NIM, is positively correlated to interest rates. The assets and liabilities mix make costs stickier than yields; therefore, the NIM will fall following the 150bps federal funds rate cut. The results of a simulation conducted by the management show that a 200bps gradual cut in rates can reduce net interest income by 4.7%. The following table, extracted from the latest10-K filingTh
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SNV
News
- Synovus declares $0.39 dividend [Seeking Alpha]Seeking Alpha
- Synovus announces quarterly dividendsBusiness Wire
- Is Synovus Financial (SNV) Undervalued? A Fresh Look at the Bank's Current Valuation [Yahoo! Finance]Yahoo! Finance
- Synovus donates $50,000 to Feeding America to combat food insecurityBusiness Wire
- A Look Back at Regional Banks Stocks' Q3 Earnings: Synovus Financial (NYSE:SNV) Vs The Rest Of The Pack [Yahoo! Finance]Yahoo! Finance
SNV
Earnings
- 10/15/25 - Beat
SNV
Sec Filings
- 12/1/25 - Form 8-K
- 12/1/25 - Form 8-K
- 11/26/25 - Form 8-K
- SNV's page on the SEC website