Billionaire Ken Fisher’s 10 Finance Stock Picks with Huge Upside Potential

6. Synovus Financial Corp. (NYSE:SNV)

Number of Hedge Fund Holders: 32

Upside Potential: 42.66%

Synovus Financial Corp. (NYSE:SNV) is a regional bank, offering commercial and consumer banking across the Southeastern U.S. It works through four main segments: Wholesale Banking, Community Banking, Consumer Banking, and Financial Management Services—providing everything from real estate loans to investment advice. In the Ken Fisher Stock Portfolio, this stock represents a diverse bet on regional financial growth during changing economic times.

For Q1 ended March 31, 2025, Synovus Financial Corp. (NYSE:SNV) posted earnings of $1.30 per share, up 4% from the previous quarter and 65% from last year. Its pre-provision net revenue jumped 22%, while its return on tangible equity hit 17.6%. Moreover, interest margins improved to 3.35%, and the company saw $40 million in loan growth—its best production since Q4 2022. Credit quality got better with charge-offs falling to 20 basis points, and the Common Equity Tier 1 (CET1) ratio staying strong at 10.75%.

Although the company’s clients are doubtful regarding tariffs and federal job cuts, Synovus Financial Corp. (NYSE:SNV) kept its 2025 outlook steady. It expects 3-5% growth in loans and deposits, 3-6% growth in adjusted revenue, and stable core capital. The company also predicts that non-interest expenses will have a slower growth of just 2-4%. Furthermore, some recent strategic moves include building up its structured lending team and starting a deposit service for the legal industry.

Ken Fisher owns 316,529 Synovus shares worth $10.5 million, signaling faith in the company’s financial strength and earning potential. Within the Ken Fisher Stock Portfolio, Synovus stands out for performing well despite tighter credit and economic uncertainty.