Synchrony(SYF)
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Why Synchrony (SYF) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-03-18 14:45
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...
Synchrony (SYF), Skipify to Ease Online Shopping Experience
Zacks Investment Research· 2024-03-14 17:46
Synchrony Financial (SYF) teamed up with the California-based renowned financial technology company, Skipify, in a bid to streamline the online checkout experience for SYF’s cardholders. Notably, Synchrony pursued a strategic investment in Skipify via Synchrony Ventures, the arm that makes investments to enable startups to develop products and services powered by SYF’s ecosystem.As part of the partnership, Synchrony Mastercard will be added to the digital wallet of Skipify, Connected Wallet. The embedded di ...
Skipify and Synchrony Enter into Strategic Partnership to Simplify and Enhance Online Checkout
Prnewswire· 2024-03-13 13:00
Synchrony links Synchrony Mastercard to Skipify's Connected Wallet to provide friction-free shopping experience for cardholders, wherever they shop.SAN FRANCISCO, March 13, 2024 /PRNewswire/ -- Skipify, a leading financial technology company redefining the checkout experience, today announced its partnership with Synchrony (NYSE: SYF), a leading consumer finance company with more than 70M active customer accounts across the US. The technology partnership leverages Skipify's payment infrastructure to provide ...
Synchrony (SYF) Completes Pets Best Sale to IPH of Poodle
Zacks Investment Research· 2024-03-07 16:11
Synchrony Financial (SYF) recently announced that it has completed the divestment of its Pets Best Insurance Services, LLC to the pet insurance provider, Independence Pet Holdings, Inc. or IPH. Synchrony received part of the payment in the form of equity in IPH, an affiliate of Poodle Holdings, and agreed to establish a commercial partnership with IPH. Additionally, IPH will welcome two executives from Synchrony to its board of directors.The divestment is expected to enable Synchrony to streamline its focus ...
IPH ENTERS STRATEGIC PARTNERSHIP WITH SYNCHRONY AND COMPLETES ACQUISITION OF PETS BEST
Prnewswire· 2024-03-06 16:00
Synchrony Expands Leadership in the Pet Industry Through Ownership Stake in IPH; Two Synchrony Executives to Join IPH Board of DirectorsPHOENIX and STAMFORD, Conn., March 6, 2024 /PRNewswire/ -- Independence Pet Holdings, Inc. ("IPH"), a leading multi-brand, multi-channel pet insurance provider, and Synchrony (NYSE:SYF), a premiere consumer financial services company, today announced that IPH has completed the acquisition of Pets Best Insurance Services, LLC ("Pets Best") from Synchrony. Synchrony received ...
Synchrony Completes Acquisition of Ally Lending
Prnewswire· 2024-03-04 13:00
Strengthens Relationships in Home Improvement and Health and Wellness Financing STAMFORD, Conn., March 4, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced it completed its acquisition of Ally Lending, the point of sale financing business for Ally Financial (NYSE: ALLY) that includes $2.2 billion of loan receivables.* Ally's loan portfolio includes relationships with nearly 2,500 merchant locations and supports more than 450,000 active borrowers in home improvement services and healthcare. Throug ...
Synchrony Dives for a Good Cause
Prnewswire· 2024-02-29 22:05
STAMFORD, Conn., Feb. 29, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, jumped into 2024 with its ninth annual "Doubles Dive" today. More than 120 dedicated employees, including Brian Doubles, President and CEO of Synchrony, dove into the chilly Long Island Sound on February 29th, all in the name of charity. More than 120 Synchrony employees take a polar plunge for charity at Compo Beach in Westport, Connecticut. Despite the windy 34 degrees air temperature, ...
Should Value Investors Buy Synchrony Financial (SYF) Stock?
Zacks Investment Research· 2024-02-15 15:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and ...
Synchrony(SYF) - 2023 Q4 - Annual Report
2024-02-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-36560 (Commission File Number) SYNCHRONY FINANCIAL (Exact name of registrant as specified in its charter) Delaware 51-0483352 (State or Other Jurisdiction o ...
Despite Fast-paced Momentum, Synchrony (SYF) Is Still a Bargain Stock
Zacks Investment Research· 2024-02-07 14:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...