Synovus Financial (NYSE: SNV – Get Rating) and Carter Bankshares (NASDAQ: CARE – Get Rating) are both finance companies, but which company is the best performer? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, earnings, profitability, valuation and risk.
Volatility and risk
Synovus Financial has a beta of 1.44, meaning its stock price is 44% more volatile than the S&P 500. By comparison, Carter Bankshares has a beta of 1.12, meaning its stock price is 12% more volatile than the S&P 500.
Insider and Institutional Ownership
79.5% of Synovus Financial shares are held by institutional investors. By comparison, 38.2% of Carter Bankshares shares are held by institutional investors. 1.6% of Synovus Financial shares are held by insiders. By comparison, 2.0% of Carter Bankshares shares are held by insiders. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a stock is ripe for long-term growth.
This is a summary of recent ratings and price targets for Synovus Financial and Carter Bankshares, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Carter Bank Stocks||0||2||1||0||2.33|
Synovus Financial currently has a consensus target price of $53.15, suggesting a potential upside of 31.62%. Carter Bankshares has a consensus target price of $15.00, suggesting a potential upside of 7.53%. Given Synovus Financial’s stronger consensus rating and possible higher upside, equity research analysts clearly believe that Synovus Financial is more favorable than Carter Bankshares.
This table compares the net margins, return on equity and return on assets of Synovus Financial and Carter Bankshares.
|Net margins||Return on equity||return on assets|
|Carter Bank Stocks||19.85%||8.00%||0.76%|
Benefits and evaluation
This table compares revenue, earnings per share, and valuation of Synovus Financial and Carter Bankshares.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|Synovus Financial||$2.10 billion||2.79||$760.47 million||$4.79||8.43|
|Carter Bank Stocks||$162.78 million||2.11||$31.46 million||$1.20||11.63|
Synovus Financial has higher revenue and profit than Carter Bankshares. Synovus Financial trades at a lower price-to-earnings ratio than Carter Bankshares, indicating that it is currently the more affordable of the two stocks.
Synovus Financial beats Carter Bankshares on 12 out of 14 factors compared between the two stocks.
About Synovus Financial
(Get a rating)
Synovus Financial Corp. operates as a bank holding company for Synovus Bank which provides commercial and retail banking products and services. It operates through three segments: Community Banking, Wholesale Banking and Financial Management Services. The Company’s commercial banking services include cash management, asset management, capital market and institutional trust services, as well as commercial, financial and real estate lending. Its retail banking services include accepting the usual types of demand deposit and savings accounts; mortgage, installment and other consumer loans; investment and brokerage services; safety deposit box services; automated banking services; automated fund transfers; Internet banking services; and credit and debit card banking. The Company also offers a variety of other financial services, including fixed income portfolio management, investment banking, execution of securities transactions as a broker/dealer and financial planning services, as well as individual investment advice on stocks and other securities. As of December 31, 2020, it operated through 289 branches and 389 ATMs in Alabama, Florida, Georgia, South Carolina and Tennessee. The company was founded in 1888 and is based in Columbus, Georgia.
About Carter Bankshares
(Get a rating)
Carter Bankshares, Inc. operates as a bank holding company for Carter Bank & Trust which provides various banking products and services. It accepts a variety of deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposit. The company also offers commercial loans including secured and unsecured loans; consumer loans, such as secured and unsecured loans for automobile financing, home improvement, education, overdraft protection and personal investments, and residential mortgages; loans for the construction and acquisition of real estate; home equity lines of credit; and credit cards, as well as issues and holds fixed and variable rate mortgages. In addition, it provides other banking services, including safety deposit boxes, direct deposit of payroll and social security checks, online banking, bill payment, online account opening, mobile, mobile banking, debit cards, electronic statements and ATM services; title insurance and other products and services related to financial institutions; and corporate treasury and cash management services. It operates through 69 branches in Virginia and North Carolina. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.
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