Synovus Financial is a financial services company and a bank holding company. Through its subsidiary bank, Synovus Bank, Co. provides commercial and consumer services. Co.'s commercial banking services include treasury management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Co.'s consumer banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other consumer loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services; and bank credit and debit card services. We show 24 historical shares outstanding datapoints in our SNV shares outstanding history coverage, used to compute SNV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNV market cap history over the course of time is important for investors
interested in comparing SNV's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SNV versus a peer is one thing; comparing
SNV market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SNV can fluctuate over the course of history.
With this page we aim to empower investors researching SNV by allowing them to research the SNV market cap history. |
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Video: The Importance of Market Cap
