SYF Stock Recent News

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Synchrony Financial stock has performed well in the face of growing worries about consumer spending. While lower-income consumers are doing less big-ticket spending, SYF continues to grow loan balances and interest income. Delinquencies are showing signs of peaking, and the Company is making growth moves through acquisitions and partnerships.

Synchrony's (SYF) quarterly results suffer from higher expenses and provision for credit losses. However, rising loan receivables portfolio and robust purchase volume partially offset the negatives.

Synchrony (SYF) came out with quarterly earnings of $1.18 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.35 per share a year ago.

Synchrony's (SYF) first-quarter results are likely to reflect rising purchase volumes but lower net interest margins.

Synchrony (SYF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Synchrony (SYF) joins forces with BRP US Inc., a leading powersports and marine products provider, to offer expanded retail financing options in the United States.

Synchrony's (SYF) product innovations, streamlining initiatives, partnerships and rising purchase volumes poise it well for growth.

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Synchrony (SYF) collaborates with Skipify to offer Synchrony Mastercard cardholders the opportunity to pursue seamless online checkouts and gain a growing customer base in return.