Synovus Financial (Synovus Financial) 12-1 Month Momentum % : 31.36% (As of Apr. 26, 2024)

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What is Synovus Financial 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-26), Synovus Financial's 12-1 Month Momentum % is 31.36%.

The industry rank for Synovus Financial's 12-1 Month Momentum % or its related term are showing as below:

SNV's 12-1 Month Momentum % is ranked better than
71.36% of 1547 companies
in the Banks industry
Industry Median: 9.27 vs SNV: 31.36

Competitive Comparison of Synovus Financial's 12-1 Month Momentum %

For the Banks - Regional subindustry, Synovus Financial's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Synovus Financial's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Synovus Financial's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Synovus Financial's 12-1 Month Momentum % falls into.

Synovus Financial (NYSE:SNV) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Synovus Financial (NYSE:SNV) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Synovus Financial 12-1 Month Momentum % Related Terms

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Synovus Financial (Synovus Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Synovus Financial Corp (NYSE:SNV) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

SNVpE.PFD:USA SNVpD.PFD:USA SYU1:Germany SYU1:Germany

Address

1111 Bay Avenue, Suite 500, Columbus, GA, USA, 31901

Website

https://www.synovus.com

Synovus Financial Corp provides commercial and consumer banking in addition to a full suite of specialized products & services such as private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets, & international banking to clients through the wholly-owned subsidiary bank, Synovus Bank, and other offices in Alabama, Florida, Georgia, South Carolina, and Tennessee. It has four segments Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services, out of which the majority is from the Wholesale banking segment.

Executives

Allan E Kamensky	officer: EVP and General Counsel	P.O. BOX 120, COLUMBUS GA 31902
Eli Samaha	10 percent owner	ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Shellie Creson	officer: EVP and Chief Risk Officer	1111 BAY AVENUE, COLUMBUS GA 31901
John H. Irby	director	1111 BAY AVENUE, COLUMBUS GA 31901
Daniel Zachary Bishop	officer: EVP, Tech., Ops., & Sec.	1111 BAY AVENUE, COLUMBUS GA 31901
Kevin S. Blair	officer: President and CEO	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Diana M Murphy	director	C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Stacy Apter	director	1111 BAY AVENUE, COLUMBUS GA 31901
Thomas T Dierdorff	officer: EVP, Corp. & Inv. Banking	1111 BAY AVENUE, COLUMBUS GA 31901
Alexandra Villoch	director	1111 BAY AVENUE, COLUMBUS GA 31901
Prochaska Joseph J Jr	director	METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Teresa L White	director	1932 WYNNTON RD, COLUMBUS GA 31999
Gregory Andrew J. Jr.	officer: EVP & Chief Financial Officer	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Robert Warren Derrick	officer: EVP & Chief Credit Officer	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901
Elizabeth D. Wolverton	officer: EVP, Head Con. Bank. Brand Exp	1111 BAY AVENUE, SUITE 500, COLUMBUS GA 31901