Synchrony Financial Stock News

Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they're far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule in federal court last month.

Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks including dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. Synchrony, which provides store cards for retail brands including Lowe's and T.J.

With Addition of Texas A&M, All 29 Public Veterinary University Hospitals in the U.S. Now Accept CareCredit STAMFORD, Conn. , April 24, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced that its CareCredit health and wellness credit card has been named the preferred financing partner for the Texas A&M University Veterinary Medical Teachin...

Capital One Financial Corp.'s customers continued to spend last quarter, and the company ended up releasing money it had set aside for losses on loans.

Synchrony Financial shares are undervalued due to market overreaction to consumer spending fears, despite stable loan balances and non-recessionary credit metrics. The bank's strong capital ratios and reduced exposure to risky customers position it well for potential economic downturns. Synchrony's improved capital return policy includes a 20% dividend increase and a $2.5 billion buyback author...

Belle Tire Taps Synchrony to Provide Flexible Payment Options for Customers Purchasing Tires and Auto Services STAMFORD, Conn. and SOUTHFIELD, Mich.

Synchrony Financial's first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their credit card debt. The net result is that consumers are proving to be responsible stewards of their credit even amid an uncertain macro-economic environment.

Synchrony Financial's stock has fallen over 30% from its highs, with Q1 earnings showing mixed signals amid economic concerns and credit quality issues. Despite beating earnings estimates, lower credit costs drive skepticism about the sustainability of earnings if the economy weakens, with the potential for increased credit losses. SYF's strong deposit base and capital returns are positives, bu...