Synchrony(SYF)
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Virgin Red Announces New Multi-Year Partnership with Synchrony and Mastercard to Launch U.S. Credit Card Program
Prnewswire· 2024-05-22 12:00
Through the partnership with Synchrony, cardholders will have access to new and improved digital experiences including streamlined digital application and servicing. "Synchrony is working hand-in-hand with Virgin Red to create the ultimate rewards credit card program for its members," said Bart Schaller, EVP and CEO, Digital, Synchrony. "This new program will offer an unparalleled experience for Virgin's most loyal customers from application to purchase to rewards redemption." "The new Virgin Red Rewards Ma ...
Reflecting on a Decade of Impact, Synchrony Celebrates Strength from Diversity
Prnewswire· 2024-05-16 13:00
"Our commitment to equity is unwavering," said Brian Doubles, President and CEO of Synchrony. "As a responsible and trusted employer, partner, and community member, belonging is an imperative at Synchrony. It's clear the progress we are making on advancing equity, diversity, inclusion and citizenship is good for our business and great for our employees, customers and communities." This year's theme, United in Purpose – Changing Tomorrow, Today, reinforced the company's collective resolve to bring together d ...
New Synchrony Study Reveals Consumers May Not Recognize Hearing Loss Symptoms and Potential for Treatment
Prnewswire· 2024-05-14 13:00
Most Consumers Say Their Hearing is a Priority, But Less Than 10% Visited an Audiologist in the Past Year, Citing Cost as One of the Top Barriers STAMFORD, Conn., May 14, 2024 /PRNewswire/ -- Hearing is a priority health concern for the majority of consumers, yet few take action to proactively manage their hearing health, according to a new study from Synchrony, a premier consumer financial services company, conducted on behalf of the company's leading healthcare financial solution, CareCredit. Synchrony's ...
Why Synchrony (SYF) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-05-13 14:55
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 includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...
Synchrony Extends Partnership with Affordable Care Offering CareCredit to Patients
Prnewswire· 2024-05-02 13:00
Partnership To Offer Special Financing Options and Modern Digital Payment Features and Financial Education ResourcesSTAMFORD, Conn., May 2, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a consumer financial services company, today announced a multi-year renewal with Affordable Care, LLC., one of America's leading consumer retail healthcare companies supporting dental practices exclusively focused on tooth replacement solutions. Under the expanded agreement, CareCredit, Synchrony's health and wellness credit c ...
Here's Why Synchrony (SYF) is a Strong Value Stock
Zacks Investment Research· 2024-04-30 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...
Synchrony Financial: Finally Getting Credit
Seeking Alpha· 2024-04-26 07:11
Adam Gault Mr. Market's Mood Improves Toward Synchrony Synchrony Financial (NYSE:SYF) stock has returned nearly 65% since I rated it a Strong Buy in October 2023. Even in the past quarter, after my downgrade to a regular Buy, it has still returned 18.6%. The 6-month return more than doubled the average Financial sector return, as measured by the Financial Sector SPDR ETF (XLF). Data by YCharts Throughout much of the last couple of years, Mr. Market has been living in fear that the consumer was going to stop ...
Synchrony(SYF) - 2024 Q1 - Quarterly Report
2024-04-25 20:54
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 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 of (I.R ...
Synchrony (SYF) Q1 Earnings Miss on Low Net Interest Margin
Zacks Investment Research· 2024-04-24 19:15
Synchrony Financial (SYF) reported first-quarter 2024 adjusted earnings per share (EPS) of $1.18, which missed the Zacks Consensus Estimate by 13.9%. The bottom line declined 12.6% year over year.Net interest income improved 8.9% year over year to $4.4 billion, however, missing the consensus mark by 0.9%.The quarterly results suffered from lower net interest margins, new accounts and higher net-charge off rates and expenses. Nevertheless, SYF’s performance received an impetus from robust purchase volume ste ...
Synchrony(SYF) - 2024 Q1 - Earnings Call Presentation
2024-04-24 16:07
1Q'24 FINANCIAL RESULTS Disclaimers The following slides are part of a presentation by Synchrony Financial in connection with reporting quarterly financial results. No representation is made that the information in these slides is complete. For additional information, see the earnings release and financial supplement included as exhibits to our Current Report on Form 8-K filed today and available on our website (www.synchronyfinancial.com) and the SEC's website (www.sec.gov). All references to net earnings ...