SNV vs. ONB, FNB, BOKF, PNFP, ZION, UMBF, CFR, WBS, BANF, and FULT
Should you be buying Synovus Financial stock or one of its competitors? The main competitors of Synovus Financial include Old National Bancorp (ONB), F.N.B. (FNB), BOK Financial (BOKF), Pinnacle Financial Partners (PNFP), Zions Bancorporation, National Association (ZION), UMB Financial (UMBF), Cullen/Frost Bankers (CFR), Webster Financial (WBS), BancFirst (BANF), and Fulton Financial (FULT). These companies are all part of the "regional banks" industry.
Old National Bancorp (NASDAQ:ONB) and Synovus Financial (NYSE:SNV) are both mid-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, community ranking, dividends, media sentiment, institutional ownership and valuation.
Old National Bancorp has a beta of 0.83, suggesting that its stock price is 17% less volatile than the S&P 500. Comparatively, Synovus Financial has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500.
Old National Bancorp has higher earnings, but lower revenue than Synovus Financial. Old National Bancorp is trading at a lower price-to-earnings ratio than Synovus Financial, indicating that it is currently the more affordable of the two stocks.
Synovus Financial received 63 more outperform votes than Old National Bancorp when rated by MarketBeat users. Likewise, 56.86% of users gave Synovus Financial an outperform vote while only 55.19% of users gave Old National Bancorp an outperform vote.
83.7% of Old National Bancorp shares are owned by institutional investors. Comparatively, 83.9% of Synovus Financial shares are owned by institutional investors. 1.1% of Old National Bancorp shares are owned by company insiders. Comparatively, 0.8% of Synovus Financial shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Old National Bancorp currently has a consensus price target of $18.86, suggesting a potential upside of 8.06%. Synovus Financial has a consensus price target of $41.50, suggesting a potential upside of 4.53%. Given Synovus Financial's stronger consensus rating and higher probable upside, research analysts plainly believe Old National Bancorp is more favorable than Synovus Financial.
Old National Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 3.2%. Synovus Financial pays an annual dividend of $1.52 per share and has a dividend yield of 3.8%. Old National Bancorp pays out 30.3% of its earnings in the form of a dividend. Synovus Financial pays out 52.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Synovus Financial has increased its dividend for 2 consecutive years. Synovus Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Old National Bancorp has a net margin of 20.99% compared to Old National Bancorp's net margin of 13.29%. Old National Bancorp's return on equity of 12.93% beat Synovus Financial's return on equity.
In the previous week, Synovus Financial had 8 more articles in the media than Old National Bancorp. MarketBeat recorded 16 mentions for Synovus Financial and 8 mentions for Old National Bancorp. Synovus Financial's average media sentiment score of 0.84 beat Old National Bancorp's score of 0.74 indicating that Old National Bancorp is being referred to more favorably in the media.
Summary
Synovus Financial beats Old National Bancorp on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SNV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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