Synchrony Financial (SYF)
Synchrony Financial: Don't Fear Tighter Credit Standards
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 rates, and Series B outperforms during rising rates.
Synchrony Q4 Earnings Beat Estimates on Improved Efficiency
SYF expects net revenues between $15.2 and $15.7 billion in 2025, lower from $16.1 billion in 2024.
Synchrony Financial (SYF) Q4 2024 Earnings Call Transcript
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 America Terry Ma - Barclays Moshe Orenbuch - TD Cowen Jeff Adelson - Morgan Stanley John Hecht - Jefferies John Pancari - Evercore ISI Bill Carcache - Wolfe Research Rob Wildhack - Autonomous Research Brennan Crowley - Robert W. Baird Erika Najarian - UBS Operator Good morning and welcome to the Synchrony Financial Fourth Quarter and Full-Year 2024 Earnings Conference Call.
Synchrony Looks to Best Rate Cut Environment With Innovation Mix
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 Stock Sinks as Charge-Offs Surge
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.
Synchrony (SYF) Q4 Earnings Top Estimates
Synchrony (SYF) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.03 per share a year ago.
Can Synchrony Beat Q4 Earnings Estimates on Improving Efficiency?
SYF is likely to have gained from rising digital sales volume in the fourth quarter.
Countdown to Synchrony (SYF) Q4 Earnings: Wall Street Forecasts for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Synchrony (SYF), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Should You Buy, Sell, or Hold Synchrony Financial Stock at a 10.26X P/E?
A strong labor market, higher loan balances, and organic growth through partnerships bode well for SYF.
Synchrony (SYF) Reports Next Week: Wall Street Expects Earnings Growth
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.
SYF Offers Greater Flexibility With Apple Pay's Pay Later Feature
Specified Synchrony cardholders can now use Apple Pay's Pay Later feature, offering flexible payments at checkout and enhanced purchasing power.
Synchrony Collaborates With Pet Paradise, Expands CareCredit Offering
SYF's partnership with Pet Paradise is expected to expand the financing options for pet parents looking for affordable services like boarding stays and dog training.
