Synchrony Financial Stock News

Synchrony Financial reported a mixed bag of Q4 results, with revenue and EPS falling short of estimates. Key risks include the potential implementation of the CFPB's late fee rule and increasing competition from digital-native banking companies. Stock screens cheap at 9x forward EPS, and while above historical norms, EPS growth may be 15-16% over the next two years.

Among the S&P 500, 91% of stocks showed early declines following President Trump's announcements of tariffs against Canada, Mexico and China.

STAMFORD, Conn. , Feb. 3, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J.

Synchrony Financial experienced lower loan growth in preparation for a rule limiting late fees. Nevertheless, core 2025 EPS is forecasted to grow by 12.9%, with a P/E of 8.6. Synchrony's tighter credit standards have reduced delinquency rates, and potential removal of the late fee rule could accelerate loan growth. Preferred shares offer income opportunities: Series A does better with falling r...

Synchrony Financial (NYSE:SYF ) Q4 2024 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants Kathryn Miller - Senior Vice President, Investor Relations Brian Doubles - President and Chief Executive Officer Brian Wenzel - Executive Vice President and Chief Financial Officer Conference Call Participants Ryan Nash - Goldman Sachs Sanjay Sakhrani - KBW Mihir Bhatia - Bank of Am...

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.

Synchrony Financial (SYF) shares tumbled 7% Tuesday morning as the online bank's results missed estimates on increased credit expenses and weak net interest income.

STAMFORD, Conn. , Jan. 28, 2025 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its fourth quarter 2024 results for the period ending December 31, 2024.