Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed |
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. |
cnbc.com |
2025-05-07 11:00:02 |
Czytaj oryginał (ang.) |
Wealthy consumers upped their spending last quarter, while the rest of America is cutting back |
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. |
cnbc.com |
2025-04-28 16:31:14 |
Czytaj oryginał (ang.) |
Here's Why Synchrony (SYF) is a Strong Value Stock |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2025-04-25 14:46:15 |
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5 Stocks That Recently Hiked Their Dividend to Reward Investors |
Investors may keep a tab on stocks like SYF, PEBO, CIB, TRV and FMX, which have lately hiked their dividend payments. |
zacks.com |
2025-04-24 14:25:35 |
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Synchrony's CareCredit Offered at 100% of Public Veterinary University Hospitals Nationwide, Expanding Access to Pet Care |
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 Teaching Hospital. |
prnewswire.com |
2025-04-24 13:00:00 |
Czytaj oryginał (ang.) |
Synchrony Financial: Mr. Market Puts It On Sale Again |
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 authorization, enhancing shareholder value. |
seekingalpha.com |
2025-04-23 13:14:09 |
Czytaj oryginał (ang.) |
Synchrony and Belle Tire Partner on New Credit Card Program to Help Make Car Care More Affordable |
Belle Tire Taps Synchrony to Provide Flexible Payment Options for Customers Purchasing Tires and Auto Services STAMFORD, Conn. and SOUTHFIELD, Mich. |
prnewswire.com |
2025-04-23 13:00:00 |
Czytaj oryginał (ang.) |
Synchrony Beats Q1 Earnings Estimates, Unveils 20% Dividend Hike |
SYF's Q1 results benefit from growth in interest and fees on loans across Home & Auto and Lifestyle platforms, partly offset by rising expenses. It currently forecasts 2025 net charge-offs to be between 5.8% and 6%. |
zacks.com |
2025-04-22 18:25:33 |
Czytaj oryginał (ang.) |
Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined' |
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. |
pymnts.com |
2025-04-22 16:16:48 |
Czytaj oryginał (ang.) |
Synchrony Financial: Solid Q1 But Doubts Remain (Upgrade) |
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, but economic uncertainty and potential recession risks limit the upside, making it a "hold". |
seekingalpha.com |
2025-04-22 15:55:08 |
Czytaj oryginał (ang.) |
Synchrony Financial (SYF) Q1 2025 Earnings Call Transcript |
Synchrony Financial (NYSE:SYF ) Q1 2025 Earnings Conference Call April 22, 2025 8:00 AM ET Company Participants Kathryn Miller - Senior Vice President, Investor Relations Brian Doubles - President & Chief Executive Officer Brian Wenzel - Executive Vice President & Chief Financial Officer Conference Call Participants Ryan Nash - Goldman Sachs Terry Ma - Barclays Moshe Orenbuch - TD Cowen Mihir Bhatia - Bank of America Rob Wildhack - Autonomous Research Sanjay Sakhrani - KBW Rick Shane - JPMorgan John Pancari - Evercore Mark DeVries - Deutsche Bank Don Fandetti - Wells Fargo Operator Good morning. and welcome to the to the Synchrony Financial First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-04-22 14:57:00 |
Czytaj oryginał (ang.) |
Synchrony (SYF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Synchrony (SYF) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-04-22 14:36:16 |
Czytaj oryginał (ang.) |
Synchrony (SYF) Surpasses Q1 Earnings Estimates |
Synchrony (SYF) came out with quarterly earnings of $1.89 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.18 per share a year ago. |
zacks.com |
2025-04-22 12:10:36 |
Czytaj oryginał (ang.) |
Synchrony Reports First Quarter 2025 Results; Company also Announces Quarterly Common Stock Dividend of $0.30 Per Share and Approval of a $2.5 Billion Share Repurchase Program |
Company also declares preferred stock dividends STAMFORD, Conn. , April 22, 2025 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced first quarter 2025 results for the period ending March 31, 2025. |
prnewswire.com |
2025-04-22 10:00:00 |
Czytaj oryginał (ang.) |
Can Synchrony Beat Q1 Earnings Estimates on Improving Margin? |
SYF is likely to have gained from rising average interest-earning assets in the first quarter. |
zacks.com |
2025-04-21 15:40:39 |
Czytaj oryginał (ang.) |
These 3 Stocks Have Huge Last 12 Months Shareholder Yields |
One interesting metric that often goes unmentioned but can provide valuable insight into a company's capital allocation is the shareholder yield. Many have heard the terms dividend yield and buyback yield. |
marketbeat.com |
2025-04-18 12:46:34 |
Czytaj oryginał (ang.) |
Synchrony Extends Long-Standing Partnership with American Eagle Outfitters, Inc. |
Multi-year Consumer Financing Agreement Features Digital-First Cardholder Experience and Rewards STAMFORD, Conn. , April 17, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a multi-year extension of its agreement to manage the credit programs of American Eagle Outfitters, Inc. (NYSE: AEO), a leading global specialty retailer. |
prnewswire.com |
2025-04-17 13:00:00 |
Czytaj oryginał (ang.) |
What Analyst Projections for Key Metrics Reveal About Synchrony (SYF) Q1 Earnings |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Synchrony (SYF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025. |
zacks.com |
2025-04-16 14:20:26 |
Czytaj oryginał (ang.) |
Synchrony Extends Deal With Ashley to Offer Enhanced Financing Options |
SYF renews its partnership with Ashley, offering enhanced financing solutions and leveraging analytics to drive customer engagement and sales growth. |
zacks.com |
2025-04-15 18:25:32 |
Czytaj oryginał (ang.) |
Synchrony (SYF) Earnings Expected to Grow: Should You Buy? |
Synchrony (SYF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-15 15:06:16 |
Czytaj oryginał (ang.) |
Synchrony Financial: An Attractive Play On Positive Catalysts |
Synchrony Financial, with a market cap of $25.94 billion, has shown mixed financial performance but is poised for growth, warranting a 'buy' rating. The firm offers diverse financial services, primarily focusing on credit cards, and collaborates with industry giants like Walmart, Amazon, and PayPal. Despite recent profitability challenges, the company's balance sheet has strengthened, with significant growth in deposits and loans, and strategic asset repositioning. |
seekingalpha.com |
2024-12-27 15:49:52 |
Czytaj oryginał (ang.) |
Here's Why Synchrony (SYF) is a Strong Value Stock |
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. |
zacks.com |
2024-12-18 12:46:38 |
Czytaj oryginał (ang.) |
Finding the Best Top-Ranked Stocks to Buy in December and 2025 |
How investors can use a Zacks screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks to buy in December and throughout 2025. |
zacks.com |
2024-12-10 16:20:19 |
Czytaj oryginał (ang.) |
Here's Why Synchrony (SYF) is a Strong Momentum Stock |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2024-12-10 12:51:19 |
Czytaj oryginał (ang.) |
4 Stocks Trading Near 52-Week High With More Upside Potential |
Stocks like OSPN, TSM, TGI and SYF are seeing price strength and have a high chance of carrying the momentum forward. |
zacks.com |
2024-12-10 10:36:23 |
Czytaj oryginał (ang.) |
Synchrony Financial Shares Near 52-Week High: How to Play the Stock? |
SYF's rising net interest income, new partnerships and stable delinquencies are poised well for growth. |
zacks.com |
2024-12-09 15:16:17 |
Czytaj oryginał (ang.) |
Are You Looking for a Top Momentum Pick? Why Synchrony (SYF) is a Great Choice |
Does Synchrony (SYF) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-12-09 15:06:30 |
Czytaj oryginał (ang.) |
SYF vs. AXP: Which Stock Should Value Investors Buy Now? |
Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Synchrony (SYF) or American Express (AXP). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-12-09 14:40:13 |
Czytaj oryginał (ang.) |
Is Synchrony Financial (SYF) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-12-09 12:46:39 |
Czytaj oryginał (ang.) |
Synchrony Employees Spread Seasonal Cheer through "Season of Caring" to Support Stamford Community |
STAMFORD, Conn. , Dec. 6, 2024 /PRNewswire/ -- As the winter chill sets in, Synchrony (NYSE: SYF) wrapped Stamford in a warm embrace with its "Season of Caring" celebration. |
prnewswire.com |
2024-12-06 13:31:00 |
Czytaj oryginał (ang.) |
Synchrony Collaborates With Daybreak, Expands CareCredit Offering |
SYF's partnership with Daybreak is set to provide financing options for customers who want to control their sleep health. |
zacks.com |
2024-12-04 16:05:35 |
Czytaj oryginał (ang.) |
Synchrony's CareCredit and Daybreak Partner to Provide Better Sleep for Americans |
CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea device STAMFORD, Conn. , Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Daybreak, a top-provider of full at-home sleep testing kits and custom-fit sleep apnea devices, have extended flexible financing to customers interested in Daybreak's products. |
prnewswire.com |
2024-12-03 11:00:00 |
Czytaj oryginał (ang.) |
Synchrony to Participate in the 2024 Goldman Sachs Financial Services Conference |
STAMFORD, Conn. , Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D. |
prnewswire.com |
2024-12-03 10:00:00 |
Czytaj oryginał (ang.) |
Banks hit credit card users with higher rates in response to regulation that may never arrive |
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees in response to an impending regulation that most experts believe will never take effect. Synchrony and Bread Financial have said that the moves were necessary after the Consumer Financial Protection Bureau in March announced a rule slashing what the industry can charge in late fees. |
cnbc.com |
2024-12-03 09:00:01 |
Czytaj oryginał (ang.) |
Synchrony upgraded to Overweight from Equal Weight at Wells Fargo |
Wells Fargo upgraded Synchrony to Overweight from Equal Weight with a price target of $85, up from $60. The firm recognizes the stock has run around the election, but believes clarity on the Consumer Financial Protection Bureau late fee and better credit can take the shares higher. Synchrony shares are "quite attractive" on normalized earnings, the analyst tells investors in a research note. Wells' base case is a new CFPB director pulls the late fee proposal, though it admits the "populist administration element leaves some residual risk." |
https://thefly.com |
2024-12-03 07:41:25 |
Czytaj oryginał (ang.) |
Synchrony Financial: Undervalued Gem In Fintech |
Synchrony Financial is a "Strong Buy" due to solid fundamentals, strong financial health, and a 128% stock price surge in the past 12 months. Impressive Q3 results with $1.94 diluted EPS, 70.4 million active accounts, and a 15.04% net interest margin indicate robust profitability and growth potential. Valuation metrics, including low P/E and PEG ratios, highlight SYF's strong cash flow generation and undervaluation relative to earnings growth potential. |
seekingalpha.com |
2024-11-30 02:41:08 |
Czytaj oryginał (ang.) |
Why Synchrony (SYF) is a Top Value Stock for the Long-Term |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2024-11-27 12:40:25 |
Czytaj oryginał (ang.) |
4 Stocks Trading Near 52-Week High With Room to Rise Further |
Investors target stocks that have been on a bullish run lately. Stocks like SYF, FHI, NCLH and STT are seeing price strength and the momentum is likely to continue. |
zacks.com |
2024-11-26 10:45:14 |
Czytaj oryginał (ang.) |
Synchrony (SYF) Is Up 1.87% in One Week: What You Should Know |
Does Synchrony (SYF) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-22 15:00:31 |
Czytaj oryginał (ang.) |
SYF or BAM: Which Is the Better Value Stock Right Now? |
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Synchrony (SYF) and Brookfield Asset Management (BAM). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2024-11-22 14:40:30 |
Czytaj oryginał (ang.) |