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Synovus Financial Corp  (NYSE: SNV)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

SNV's Revenue Growth by Quarter and Year

Synovus Financial's Revenue results by quarter and year




SNV Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 443.21 568.90 564.59
III Quarter September 541.29 477.73 556.64 507.74
II Quarter June 279.74 528.93 509.97 513.55
I Quarter March 483.75 581.72 486.18 503.39
FY   1,304.78 2,031.59 2,121.69 2,089.27



SNV Revenue third quarter 2024 Y/Y Growth Comment
Synovus Financial Corp achieved in the third quarter 2024, above Company average Revenue increase of 13.3% year on year, to $ 541.29 millions.

Looking into third quarter 2024 results within Commercial Banks industry 25 other companies have achieved higher Revenue growth. While Synovus Financial Corp' s Revenue growth of 13.3% ranks overall at the positon no. 1274 in the third quarter 2024.




SNV Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -22.09 % 0.76 % 26.02 %
III Quarter September 13.3 % -14.18 % 9.63 % 24.39 %
II Quarter June -47.11 % 3.72 % -0.7 % 61.29 %
I Quarter March -16.84 % 19.65 % -3.42 % 6.48 %
FY   - -4.25 % 1.55 % 26.82 %

Financial Statements
Synovus Financial's third quarter 2024 Revenue $ 541.29 millions SNV's Income Statement
Synovus Financial's third quarter 2023 Revenue $ 477.73 millions Quarterly SNV's Income Statement


SNV Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -7.23 % 2.2 % 11.2 %
III Quarter September 93.5 % -9.68 % 9.15 % -1.13 %
II Quarter June -42.17 % -9.07 % 4.89 % 2.02 %
I Quarter March 9.15 % 2.25 % -13.89 % 12.36 %
FY (Year on Year)   - -4.25 % 1.55 % 26.82 %




Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #26
Financial Sector #307
Overall #1274

Revenue Y/Y Growth Statistics
High Average Low
82.08 % 0.54 % -75.79 %
(Sep. 30, 2009)   (Sep. 30, 2008)
Revenue third quarter 2024 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #26
Financial Sector #307
Overall #1274
Revenue Y/Y Growth Statistics
High Average Low
82.08 % 0.54 % -75.79 %
(Sep. 30, 2009)   (Sep. 30, 2008)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Synovus Financial's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
93.49 % -0.86 % -100 %
(Sep 30 2024)  


SNV's III. Quarter Q/Q Revenue Comment
Synovus Financial Corp achieved in the III. Quarter 2024 above company average sequential Revenue jump of 93.5%, to $ 541.29 millions, from $279.74 millions in the second quarter.
SNV is undergoing a remarkable growth, with reporting above average gain, and additionally improving speed.

Within Commercial Banks industry Synovus Financial Corp achieved highest sequential Revenue growth. While Synovus Financial's Revenue growth quarter on quarter, overall rank is 24.


Revenue Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #0
Financial Sector #7
Overall #24
Revenue Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #0
Financial Sector #7
Overall #24
Revenue Q/Q Growth Statistics
High Average Low
93.49 % -0.86 % -100 %
(Sep 30 2024)  


SNV's III. Quarter Q/Q Revenue Comment
Synovus Financial Corp achieved in the III. Quarter 2024 above company average sequential Revenue jump of 93.5%, to $ 541.29 millions, from $279.74 millions in the second quarter.
Synovus Financial is undergoing a remarkable growth, not just recording above regular growth, but also accelerating rate.

Within Commercial Banks industry Synovus Financial Corp achieved highest sequential Revenue growth. While Synovus Financial's Revenue growth quarter on quarter, overall rank is 24.


Synovus Financial's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2024)
12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
Cumulative Revenue 12 Months Ending $ 1,747.99 $ 1,684.43 $ 1,933.62 $ 2,031.59 $ 2,157.27
Y / Y Revenue Growth (TTM) -18.97 % -24.67 % -12.79 % -4.25 % 1.88 %
Year on Year Revenue Growth Overall Ranking # 977 # 361 # 1111 # 760 # 618
Seqeuential Revenue Change (TTM) 3.77 % -12.89 % -4.82 % -5.83 % -3.53 %
Seq. Revenue Growth (TTM) Overall Ranking # 1274 # 597 # 499 # 799 # 832


Cumulative Revenue growth Comment
Synovus Financial showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2024. If the fiscal year would end in Sep 30 2024, Synovus Financial's annual Revenue decline would be -18.97% year on year to $1,748 millions.

In the Financial sector 233 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 361 to 977.

Revenue TTM Q/Q Growth Statistics
High Average Low
82.08 %
0.54 %
-75.79 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 26
Financial Sector # 234
Overall # 977

Revenue TTM Y/Y Growth Statistics
High Average Low
82.08 %
0.54 %
-75.79 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 26
Sector # 307
S&P 500 # 1274
Cumulative Revenue growth Comment
Synovus Financial showed decline, but improvement compare to trailing twelve month Revenue decrease in Jun 30 2024. If the fiscal year would end in Sep 30 2024, Synovus Financial's annual Revenue drop would be -18.97% year on year to $1,748 millions.

In the Financial sector 233 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 361 to 977.

Revenue TTM Q/Q Growth Statistics
High Average Low
82.08 %
0.54 %
-75.79 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 26
Financial Sector # 234
Overall # 977

Revenue TTM Y/Y Growth Statistics
High Average Low
82.08 %
0.54 %
-75.79 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 26
Sector # 307
S&P 500 # 1274




Other Revenue Growth
Commercial Banks Industry Revenue Growth Trends and Statistics
Financial Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
SNV's Revenue Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for SNV's Competitors
Revenue Growth for Synovus Financial's Suppliers
Revenue Growth for SNV's Customers

You may also want to know
SNV's Annual Growth Rates SNV's Profitability Ratios SNV's Asset Turnover Ratio SNV's Dividend Growth
SNV's Roe SNV's Valuation Ratios SNV's Financial Strength Ratios SNV's Dividend Payout Ratio
SNV's Roa SNV's Inventory Turnover Ratio SNV's Growth Rates SNV's Dividend Comparisons



Companies with similar Revenue drop for the quarter ending Sep 30 2024 within Financial SectorY/Y Change %Revenue for the quarter ending Sep 30 2024
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