Synchrony Looks to Best Rate Cut Environment With Innovation Mix

The consumer financing landscape is a dynamic one, where both strategy and execution are the key guardrails of success for financial service businesses.This was reiterated on Tuesday (Jan. 28) during Synchrony Financial’s fourth-quarter and full-year 2024 earnings report. The Stamford, Connecticut-based company reported net earnings of $774 million, or $1.91 per diluted share, a significant, 76% year-over-year increase from $440 million, or $1.03 per diluted share, in the same quarter of 2023.“We leveraged ...