UBS has downgraded Synovus Financial Corp (SNV) from a Buy rating to Neutral as of September 1, 2025. The current share price stands at $47.27.
This move underscores a more cautious outlook for the banking institution, which operates primarily in Alabama, Florida, Georgia, South Carolina, and Tennessee. Synovus Financial Corp is a bank holding company that provides a range of financial services through its subsidiary, Synovus Bank. The company employs 4,804 full-time staff and operates approximately 244 branches and 357 ATMs.
The downgrade may reflect concerns about competitive pressures, market conditions, or execution risks that could affect the company's performance. Analyst ratings, while informative, are based on various assumptions and financial models that may not always materialize as expected. Investors should consider multiple factors, including company fundamentals and industry trends, when making decisions.
As of November 1, 2025, the analyst consensus for Synovus is a Buy, with 3 Strong Buy, 8 Buy, and 8 Hold ratings among 19 total analysts. Recent earnings performance has shown positive surprises, with the latest Q3 2025 EPS reported at $1.46, exceeding estimates by 6.3%. Upcoming earnings are scheduled for July 14, 2026, with an EPS estimate of $1.39 and revenue expected at $626.7 million.
Analyst ratings can change as new information becomes available, highlighting the dynamic nature of market assessments.