Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual and general purpose co-branded cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms. In addition, it provides debt cancellation products to its credit card customers through online and mobile channels; and healthcare payments and financing solutions under the CareCredit and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries, such as American Eagle, Dick's Sporting Goods, Guitar Center, Kawasaki, Pandora, Polaris, Suzuki, and Sweetwater. The company offers its credit products through programs established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers; and deposit products through various channels, such as digital and print. It serves digital, health and wellness, retail, home, auto, telecommunications, pet, outdoor, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.
Credit Quality Boost | Synchrony's improving credit trends, with better-than-expected delinquency rates and net charge-offs, signal potential for enhanced profitability and reduced loan loss provisions. |
Strategic Partnerships | Explore Synchrony's growth potential through key alliances, including a renewed Amazon partnership and an upcoming Walmart collaboration poised to drive significant loan expansion. |
BNPL Market Position | Delve into Synchrony's competitive edge in the Buy Now Pay Later space, with its in-house platform present at 20% of surveyed partners and minimal non-Synchrony BNPL competition. |
Analyst Projections | Analyst price targets range from $63 to $80, with an average of $73.25, reflecting varied perspectives on Synchrony's future performance and growth trajectory. |
Metrics to compare | SYF | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSYFPeersSector | |
---|---|---|---|---|
P/E Ratio | 8.6x | 10.9x | 9.8x | |
PEG Ratio | 0.55 | −0.10 | 0.03 | |
Price/Book | 1.8x | 1.0x | 1.0x | |
Price / LTM Sales | 3.0x | 2.4x | 2.9x | |
Upside (Analyst Target) | 8.2% | 19.2% | 9.9% | |
Fair Value Upside | Unlock | 7.7% | 0.8% | Unlock |