These were significant blows, as the Walmart credit ... bank to come under financial strain. Synchrony enjoys long-term contracts with several successful digital retailers such as Amazon and PayPal.
The bank offers a high-yield savings account, a money market account, CDs, and credit cards. Synchrony doesn't offer a checking account. It does provide an ATM card with its savings and money ...
Synchrony has been adept at fine tuning the balance between loan growth and credit quality. The bank should be able to grow accounts faster than "low single digits" without a resumption of the ...
Synchrony Financial (SYF – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Donald ...
Synchrony Bank offers CD accounts with APYs as high as 4.25% Michelle Lambright Black is an expert on credit reporting, credit scoring, identity theft, budgeting, debt eradication, and the founder ...
The fourth-quarter credit-quality metrics at Synchrony were a mixed bag. The Stamford, Connecticut-based bank reported a slight decline in its 30–plus-day delinquency rate. That rate fell to 4.7%from ...
Synchrony deeply understands the needs of our many stakeholders. And so even as customers became more discerning in their spending choices and the impacts of persistent inflation and our credit ...
BTIG analyst Vincent Caintic has maintained their neutral stance on SYF stock, giving a Hold rating yesterday. Vincent Caintic’s rating is based on Synchrony Financial’s strategic approach to ...
The recent filing reaffirms Synchrony's commitment to transparency in its financial reporting and provides stakeholders with timely updates on its credit performance. InvestingPro data reveals ...
"While Synchrony's credit actions between mid-2023 through early 2024 continued to impact our new account and purchase volume growth during the fourth quarter, our customers continued to seek ...
Synchrony Financial (SYF.N), opens new tab said on Tuesday it expects lower net revenue for 2025 as spending levels moderate and interest rates dip, sending shares of the credit card-focused ...