Synchrony Financial
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Brian D. Doubles
- Full Time Employees
- 20,000
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 777 Long Ridge Road Stamford CT United States of America 06902
- IPO Date
- Jul 31, 2014
- CIK
- 0001601712
- Website
- synchrony.com
- Similar Companies
- Business
- Synchrony Financial is a premier consumer financial services company specializing in private label and co-branded credit programs, healthcare finance, installment lending, and deposits through its subsidiary Synchrony Bank. Its core product offerings include retail credit cards and financing solutions available at thousands of merchant locations across the United States; Synchrony Pay Later, a "buy now, pay later" service offering flexible installment payment options; and award-winning deposit products such as high-yield savings accounts, certificates of deposit, money market accounts, and individual retirement accounts with FDIC insurance. The company serves a diverse range of industries including retail, healthcare, telecommunications, home improvement, automotive, and pet care. Founded in 1932 and headquartered in Stamford, Connecticut, Synchrony Financial operates primarily in the U.S. market and partners with national and regional retailers, manufacturers, healthcare providers, and buying groups to offer consumers tailored financing solutions through digitally enabled platforms, enhancing the omnichannel customer experience. Recent major changes include the expansion of partnerships with key retailers such as Sam’s Club and JCPenney, the integration and transition of merchants to the Synchrony Pay Later platform following the 2024 acquisition of Ally Lending’s business, and the launch of innovative health and wellness financing collaborations including a joint solution connecting CareCredit and Pets Best. Synchrony also increased its share repurchase authorization by $1 billion in 2025 to a total of $2.1 billion through mid-2026, underscoring its commitment to shareholder value. Operationally, the company has focused on improving credit risk metrics, increasing operational efficiency, and expanding its digital wallet and payment capabilities, including enhanced Apple Pay integration and rewards offerings. Synchrony Financial continues to diversify its portfolio and deepen its footprint in consumer finance through strategic alliances and product innovation.
Company News
Credit Card Balances 90 Days Late Have Nearly Doubled Since 2022. New Delinquencies Have Not Moved.
Bank of New York Mellon Corp Buys New Position in Synchrony Financial $SYF
Why Is Synchrony (SYF) Up 9.4% Since Last Earnings Report?
Synchrony and OpenAI Partner to Drive Growth in Agentic Commerce
Credit card issuer Synchrony announces partnership with OpenAI
Synchrony Debuts ChatGPT Plugin to Promote Offers
Credit card issuer Synchrony partners with OpenAI for ChatGPT shopping
Synchrony Announces Enterprise Collaboration with OpenAI to Power the Next Era of Agentic Commerce
Sam Stovall’s Warning: Consumer Spending Will Collapse the Moment Banks Tighten Credit
Synchrony Elevates AI Strategy Hiring Nimrod Barak as Chief AI Officer to Accelerate Innovation
Can SYF Turn Record Purchase Volume Into Stronger Earnings?
New CareCredit Research Finds Americans Want to Stay Active and Age Well, but Many Overlook Chiropractic Care
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Synchrony's CareCredit Expands Access to Financing for Health & Wellness Providers with New Stripe Partnership
Bank of America Corp DE Has $1.09 Billion Stock Position in Synchrony Financial $SYF
Synchrony Financial: Powerful Buyback And Stable Credit Create Opportunity (Upgrade)
Summer Is On! Flexible Payments Help Consumers Keep It That Way
Entropy Technologies LP Takes $2.54 Million Position in Synchrony Financial $SYF
Andra AP fonden Sells 254,599 Shares of Synchrony Financial $SYF
Bessemer Group Inc. Buys 9,303 Shares of Synchrony Financial $SYF