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Synchrony Financial

Synchrony Financial

NYSE•SYF
CEO: Mr. Brian D. Doubles
Sector: Financial Services
Industry: Financial - Credit Services
Listing Date: 2014-07-31
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 co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and 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, mobile, and direct mail; 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, jewelry, pets, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.
Contact Information
777 Long Ridge Road, Stamford, CT, 06902, United States
203-585-2400
www.synchrony.com
Market Cap
$31.92B
P/E (TTM)
8.9
36
Dividend Yield
1.4%
52W High
$86.22
52W Low
$40.55
52W Range
96%
Rank47Top 48.2%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$4.83B-18.12%
4-Quarter Trend

EPS

$2.89+47.45%
4-Quarter Trend

FCF

$2.64B-4.56%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Earnings Increased Substantially Three months net earnings rose to $1.077 B from $789 M; nine months earnings reached $2.801 B.
Credit Loss Provision Decreased Provision for credit losses dropped 28.2% ($451 M) for the quarter due to reserve releases versus prior builds.
Net Interest Income Growth Quarterly net interest income grew 2.4% to $4.720 B, driven by lower interest expense costs.
Loan Portfolio Shrinks Slightly Total loan receivables decreased 2.0% to $100.2 B at period end compared to September 2024.

Risk Factors

Macroeconomic Conditions Impact Exposure remains to US economic factors like inflation and interest rates, potentially impacting consumer confidence and growth.
Credit Quality Deterioration Risk Net charge-off rate decreased 90 basis points, but portfolio risk remains sensitive to consumer spending patterns.
Regulatory Scrutiny Continues Subject to ongoing regulatory oversight, including capital adequacy rules and potential future legislative changes impacting operations.
Funding Cost Sensitivity Ability to attract deposits is sensitive to interest rates, bearing funding risk if higher rates are required to retain balances.

Outlook

Partner Agreements Extended 22 of 25 largest program agreements now expire in 2027 or later, securing long-term revenue streams.
Capital Deployment Focus Board approved $2.5 B repurchase program through June 2026; $2.0 B common stock repurchased year-to-date.
Strategic Acquisitions Completed Acquired Versatile Credit in October 2025; expanding platform capabilities connecting merchants, lenders, and consumers.
Deposit Base Stability Deposits remain primary funding source at $79.9 B (85% of total funding), emphasizing stable, low-cost funding strategy.

Peer Comparison

Revenue (TTM)

U.S. BancorpUSB
$42.55B
+0.3%
NatWest Group plcNWG
$38.38B
+109.6%
Banco Bradesco S.A.BBDO
$35.30B
+124.3%

Gross Margin (Latest Quarter)

Shinhan Financial Group Co., Ltd.SHG
100.0%
+56.1pp
KB Financial Group Inc.KB
100.0%
+51.9pp
LPL Financial Holdings Inc.LPLA
85.5%
+57.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
USB$82.98B11.611.8%11.2%
TFC$64.82B12.77.8%13.1%
NWG$33.38B9.413.4%0.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.6%
Flat Growth
4Q Net Income CAGR
11.6%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 27, 2026
|
EPS:$1.97
|
Revenue:$3.84B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 22, 2025|
    Revenue: $4.83B-18.1%
    |
    EPS: $2.89+47.4%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 23, 2025|
    Revenue: $4.71B-17.3%
    |
    EPS: $2.51+60.9%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 24, 2025|
    Revenue: $5.70B-15.3%
    |
    EPS: $1.91-39.7%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 7, 2025|
    Revenue: $20.76B+39.4%
    |
    EPS: $8.64+65.8%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 23, 2024|
    Revenue: $5.90B+32.2%
    |
    EPS: $1.96+31.5%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 19, 2024|
    Revenue: $5.70B+35.9%
    |
    EPS: $1.56+18.2%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 25, 2024|
    Revenue: $6.73B+70.9%
    |
    EPS: $3.17+133.1%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 8, 2024|
    Revenue: $17.34B+31.4%
    |
    EPS: $5.21-15.8%
    Beat