Synchrony Financial (SYF) recently announced its partnership with Albertsons Companies, Inc. in a bid to expand its CareCredit network. This partnership will allow CareCredit cardholders to use their cards for select health and wellness products at nearly 2,200 Albertsons Companies stores, including popular grocery chains like Safeway, Vons, and Jewel-Osco. With this new collaboration, SYF is aiming to expand the use of its CareCredit card in grocery stores, as health and wellness are not just constrained t ...

CareCredit health and wellness credit card to be accepted at Albertsons Cos. stores for health and wellness products STAMFORD, Conn., Sept. 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Albertsons Companies, Inc., a leading food and drug retailer, today announced the acceptance of the CareCredit health and wellness credit card in nearly 2,200 Albertsons Cos. stores including Albertsons, Safeway, Vons, ACME, Shaw's and Jewel-Osco. CareCredit cardholders ar ...

H I I I I ANTEN T t the J. Michael Jones Back in 2016, I wrote an article about Synchrony Financial (NYSE:SYF) in which I praised the company as a flight to safety in times of economic uncertainty, and talked about the possibility that the company could start paying a decent dividend with its nice earnings. That was a long time ago, but Synchrony Financial did tremendously well in the ensuing years, with this being an excellent time for consumer lending companies and indeed, the company did use some of that ...

Synchrony Financial (SYF) is well-poised to grow on the back of rising net interest income, expanding average loan receivables, and lower delinquencies. However, softer consumer spending might act as a partial offset. Synchrony Financial — with a market cap of $19.9 billion — is a premier consumer financial services company that offers a wide range of credit products. Courtesy of solid prospects, this Zacks Rank #3 (Hold) stock is worth retaining in your portfolio at the moment. SYF's Year-to-Date Price Per ...

A month has gone by since the last earnings report for Synchrony (SYF) . Shares have lost about 9.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Synchrony due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Synchrony Q2 Earnings Beat Estimates on Expense Manageme ...

Strong Business Results, Top Global Employer Recognition, and Leading Portfolio of Partner Brands Reflect Synchrony's Central Role in Driving Economic Growth a Decade After IPO Celebrates with Additional $1 Million in Grants to Nonprofits Globally through Employee-Directed Program STAMFORD, Conn., July 31, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading financing partner for many of America's most iconic brands, is celebrating 10 years as a publicly traded company. From health to home, retail to whole ...

STAMFORD, Conn., July 23, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on August 15, 2024 to holders of record at the close of business on August 5, 2024. Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industri ...

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements and requires enhanced disclosures about significant segment expenses. The Company will adopt this guidance on a retrospective basis on its effective date, which for us is beginning within our December 31, 2024 Form 10-K. Included in the acquisition was $64 million of loans that have experienced more-than-insignificant deter ...

All-Time High Reflects Growing Optimism "Synchrony Financial: Finally Getting Credit". VAL 51.85 Synchrony Financial (SYF) Price 51.85 48.00 36.00 24.00 12.00 2020 2021 2022 2023 2024 Seeking AlphaQ Jul 17, 2024, 1:03 PM EDT Powesed by YC HARTS Data by YCharts The Risks Synchrony Financial | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|---------|-------|-------|-------|-------|-------|-------|----------|-------|-------|-------|--------- ...

Coast also announced a strategic investment from Synchrony, a leading consumer financial services company delivering one of the industry's most complete digitally-enabled product suites across diverse sectors. The investment in Coast aligns with Synchrony's presence in the aftermarket auto segment where it partners with many top national tire, petrol, auto parts and maintenance retailers like Discount Tire and Pep Boys. For the nearly one million American businesses that collectively operate around 40 milli ...