SYF - Synchrony Financial Stock Price, Fair Value and News

45.61USD+0.34 (+0.75%)Market Closed

Market Summary

USD45.61+0.34

Market Closed

0.75%

SYF Alerts

1 major insider sales recently.

Big jump in Earnings (Y/Y)

SYF Stock Price

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SYF RSI Chart

SYF Valuation

Market Cap

18.3B

Price/Earnings (Trailing)

6.25

Price/Sales (Trailing)

0.85

EV/EBITDA

0.67

Price/Free Cashflow

2.05

SYF Price/Sales (Trailing)

SYF Profitability

EBT Margin

17.78%

Return on Equity

19.17%

Return on Assets

2.42%

Free Cashflow Yield

48.89%

SYF Fundamentals

SYF Revenue

Revenue (TTM)

21.5B

Rev. Growth (Yr)

16.34%

Rev. Growth (Qtr)

0.34%

SYF Earnings

Earnings (TTM)

2.9B

Earnings Growth (Yr)

115.14%

Earnings Growth (Qtr)

193.86%

Breaking Down SYF Revenue

Last 7 days

3.8%

Last 30 days

7.3%

Last 90 days

17.3%

Trailing 12 Months

66.1%

How does SYF drawdown profile look like?

SYF Financial Health

Debt/Equity

1.06

Debt/Cashflow

0.56

SYF Investor Care

Dividend Yield

2.15%

Dividend/Share (TTM)

0.98

Buy Backs (1Y)

6.31%

Diluted EPS (TTM)

6.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	21.5B	0	0	0
2023	17.9B	18.9B	19.9B	20.7B
2022	15.6B	16.0B	16.5B	17.1B
2021	15.4B	15.2B	15.2B	15.3B
2020	18.7B	17.8B	16.7B	16.1B
2019	18.5B	19.1B	19.4B	19.1B
2018	16.7B	16.9B	17.4B	18.0B
2017	15.2B	15.6B	16.1B	16.4B
2016	13.6B	13.9B	14.3B	14.8B
2015	12.5B	12.7B	13.0B	13.2B
2014	11.5B	11.8B	12.0B	12.2B
2013	10.6B	10.8B	11.1B	11.3B
2012	0	0	0	10.3B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Synchrony Financial

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	howse curtis	sold	-1,420,290	45.00	-31,562	see remarks
Apr 01, 2024	doubles brian d	sold (taxes)	-168,879	41.75	-4,045	see remarks
Mar 31, 2024	chytil kamila k	acquired	41,265	43.12	957	-
Mar 31, 2024	naylor jeffrey g	acquired	72,527	43.12	1,682	-
Mar 31, 2024	guthrie roy a	acquired	41,265	43.12	957	-
Mar 31, 2024	parker p.w.	acquired	41,265	43.12	957	-
Mar 31, 2024	zane ellen m	acquired	41,265	43.12	957	-
Mar 31, 2024	alves paget leonard	acquired	41,265	43.12	957	-
Mar 31, 2024	coviello arthur w jr	acquired	41,265	43.12	957	-
Mar 31, 2024	aguirre fernando	acquired	41,265	43.12	957	-

Which funds bought or sold SYF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ASSETMARK, INC	added	71.7	248,529	513,300	-%
May 07, 2024	WestEnd Advisors, LLC	new	-	86.00	86.00	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-10.69	100,000	11,991,000	0.02%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	added	53.64	48,360,400	114,176,000	0.60%
May 07, 2024	Meeder Advisory Services, Inc.	added	4.62	62,205	405,457	0.04%
May 07, 2024	Mondrian Investment Partners LTD	sold off	-100	-153,066	-	-%
May 07, 2024	CarsonAllaria Wealth Management, Ltd.	unchanged	-	986	8,624	-%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-27.86	-3,557,000	15,612,000	0.24%
May 07, 2024	Empowered Funds, LLC	reduced	-34.64	-740,206	2,084,590	0.02%
May 07, 2024	Swiss National Bank	reduced	-5.25	3,489,140	53,431,800	0.04%

Are Funds Buying or Selling SYF?

Are funds buying SYF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SYF

No. of Funds

Unveiling Synchrony Financial's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.86%	53,197,772	SC 13G/A
Feb 09, 2024	capital world investors	10.8%	44,534,680	SC 13G/A
Jan 24, 2024	blackrock inc.	10.1%	41,638,752	SC 13G/A
Dec 06, 2023	blackrock inc.	10.2%	42,182,005	SC 13G/A
Feb 13, 2023	capital world investors	10.0%	45,088,025	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	12.88%	58,021,118	SC 13G/A
Jan 30, 2023	blackrock inc.	9.0%	40,751,703	SC 13G/A
Jan 25, 2023	blackrock inc.	9.0%	40,751,703	SC 13G/A
Feb 11, 2022	capital world investors	9.2%	50,314,580	SC 13G/A

Recent SEC filings of Synchrony Financial

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 02, 2024	144	Notice of Insider Sale Intent
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	ARS	ARS
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 24, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Apr 12, 2024	PRE 14A	PRE 14A
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Synchrony Financial)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	424.4B	25.7B	-5.01%	18.78%	35.83	16.51	12.62%	22.62%
AXP	169.9B	62.0B	5.39%	54.00%	18.89	2.74	11.96%	24.39%
PYPL	66.7B	30.4B	-3.84%	-3.21%	15.38	2.19	8.39%	60.41%
COF	54.6B	43.4B	-0.74%	60.49%	14.06	1.26	26.76%	-52.19%
DFS	31.0B	17.8B	-1.69%	27.81%	13.7	1.74	38.72%	-44.91%
ALLY	12.0B	14.3B	2.39%	56.21%	13.99	0.84	22.92%	-37.74%
MID-CAP
CACC	6.2B	2.0B	-7.65%	17.50%	24.82	3.18	6.86%	-40.40%
FCFS	5.4B	3.2B	-5.81%	14.12%	23.09	1.67	13.90%	-14.51%
WU	4.5B	4.4B	-0.82%	9.14%	7.33	1.04	0.29%	-19.79%
NNI	3.6B	1.1B	2.62%	3.82%	39.57	3.27	8.54%	-77.53%
SMALL-CAP
ENVA	1.7B	2.2B	-2.52%	44.08%	9.65	0.74	22.40%	-16.16%
ATLC	408.0M	1.2B	-2.65%	-4.19%	3.97	0.35	10.41%	-24.15%
CPSS	184.0M	352.0M	9.15%	-19.35%	4.06	0.52	6.77%	-47.27%
AIHS	7.5M	7.3M	-10.34%	-12.36%	-1.93	1.02	-51.06%	-195.09%
CURO	3.3M	853.2M	-	-96.20%	-0.01	0	-15.13%	-1364.54%

Synchrony Financial News

Latest updates

Synchrony Financial Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.3%	5,568	5,549	5,354	5,021	4,786	4,708	4,342	4,074	4,022	4,053	3,898	3,578	3,742	3,993	3,837	3,830	4,407	4,585	4,981	4,738	4,786
EBITDA Margin	2.4%	1.01*	0.98*	1.02*	1.05*	1.11*	1.17*	1.22*	1.27*	1.31*	1.32*	1.30*	1.23*	1.11*	-	-	-	-	-	-	-	-
Interest Expenses	-1.4%	4,405	4,466	4,362	4,120	4,051	4,106	3,928	3,802	3,789	3,830	3,658	3,312	3,439	3,659	3,457	3,396	3,890	4,029	4,389	4,155	4,226
Income Taxes	319.2%	415	99.00	205	173	189	164	219	262	301	234	359	399	290	206	99.00	11.00	96.00	190	319	276	355
Earnings Before Taxes	216.9%	1,708	539	833	742	790	741	922	1,066	1,233	1,047	1,500	1,641	1,315	944	412	59.00	382	921	1,375	1,129	1,462
EBT Margin	26.8%	0.18*	0.14*	0.16*	0.17*	0.20*	0.23*	0.26*	0.30*	0.35*	0.36*	0.36*	0.28*	0.18*	-	-	-	-	-	-	-	-
Net Income	193.9%	1,293	440	628	569	601	577	703	804	932	813	1,141	1,242	1,025	738	313	48.00	286	731	1,056	853	1,107
Net Income Margin	26.2%	0.14*	0.11*	0.12*	0.13*	0.15*	0.18*	0.20*	0.23*	0.27*	0.28*	0.27*	0.22*	0.14*	-	-	-	-	-	-	-	-
Free Cashflow	-3.0%	2,248	2,317	2,482	1,908	1,886	1,847	1,634	1,817	1,396	2,004	1,815	1,441	1,839	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.1%	121,173	117,479	112,939	108,697	107,853	104,564	100,766	95,200	95,267	95,748	91,937	92,017	95,854	95,948	95,658	96,544	98,038	104,826	105,943	106,388	105,384
Cash Equivalents	40.4%	20,021	14,259	15,643	12,706	15,303	10,430	11,962	10,682	10,541	8,337	9,806	11,117	16,620	11,605	13,552	16,344	13,704	12,647	11,461	11,755	12,963
Goodwill	5.4%	1,073	1,018	1,105	1,105	1,105	1,105	1,105	1,105	1,105	1,105	1,105	1,105	1,104	1,078	1,078	1,078	1,078	1,078	1,078	1,078	1,076
Liabilities	2.2%	105,891	103,576	99,172	95,317	94,660	91,691	87,754	81,807	81,849	82,093	78,001	77,820	82,415	83,247	83,559	84,645	86,068	89,738	90,823	91,654	90,675
Long Term Debt	0.9%	16,133	15,982	15,231	14,231	14,934	14,191	14,321	12,157	13,360	14,507	12,760	13,457	15,160	15,775	15,771	16,069	17,248	19,866	20,363	21,244	21,891
Shareholder's Equity	9.9%	15,282	13,903	13,767	13,380	13,193	12,873	13,012	13,393	13,418	13,655	13,936	14,197	13,439	12,701	12,099	11,899	11,970	15,088	15,120	14,734	14,709
Retained Earnings	6.0%	19,790	18,662	18,338	17,828	17,369	16,716	16,252	15,679	15,003	14,245	13,562	12,560	11,470	10,621	10,024	9,852	9,960	12,117	11,533	10,627	9,939
Additional Paid-In Capital	-0.1%	9,768	9,775	9,750	9,727	9,705	9,718	9,685	9,663	9,643	9,669	9,649	9,620	9,592	9,570	9,552	9,532	9,523	9,537	9,520	9,500	9,489
Shares Outstanding	-1.3%	401	407	414	418	428	438	459	488	506	527	547	573	581	-	-	-	-	-	-	-	-
Float	-	-	-	-	14,182	-	-	-	13,474	-	-	-	27,822	-	-	-	12,935	-	-	-	23,206	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-3.0%	2,248	2,317	2,482	1,908	1,886	1,847	1,634	1,817	1,396	2,004	1,815	1,441	1,839	2,086	1,483	2,381	1,537	2,336	2,399	1,966	2,289
Cashflow From Investing	111.1%	798	-7,169	-2,568	-5,189	692	-6,858	-4,142	-1,052	1,818	-5,764	-1,834	-1,853	4,637	-3,259	-3,171	2,045	3,887	681	-1,570	-3,182	3,810
Cashflow From Financing	-25.0%	2,604	3,473	3,031	216	2,912	2,380	4,779	-899	-976	2,546	-1,623	-5,148	-979	-848	-1,100	-1,796	-4,287	-2,091	-1,253	68.00	-3,182
Dividend Payments	-1.0%	102	103	104	99.00	100	103	109	108	114	120	124	128	128	128	129	128	135	141	145	145	150
Buy Backs	18.6%	300	253	152	303	404	701	950	701	968	982	1,301	393	200	-	-	-	985	1,376	550	725	967

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SYF Income Statement

2024-03-31

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Interest income:

Interest and fees on loans (Note 5)

^[1]

$ 5,293

$ 4,616

Interest on cash and debt securities

275

170

Total interest income

5,568

4,786

Interest expense:

Interest on deposits

954

557

Interest on senior and subordinated unsecured notes

104

101

Total interest expense

1,163

735

Net interest income

4,405

4,051

Retailer share arrangements

(764)

(917)

Provision for credit losses (Note 5)

1,884

1,290

Net interest income, after retailer share arrangements and provision for credit losses

1,757

1,844

Other income:

Interchange revenue

241

232

Protection product revenue

141

115

Loyalty programs

(319)

(298)

Other (Note 3)

1,094

Total other income

1,157

Other expense:

Employee costs

496

451

Professional fees

220

186

Marketing and business development

125

131

Information processing

186

166

Other

179

185

Total other expense

1,206

1,119

Earnings before provision for income taxes

1,708

790

Provision for income taxes (Note 14)

415

189

Net earnings

1,293

601

Net earnings available to common stockholders

$ 1,282

$ 590

Earnings per share (Note 12)

Basic (in usd per share)

$ 3.17

$ 1.36

Diluted (in usd per share)

$ 3.14

$ 1.35

Variable Interest Entity, Primary Beneficiary

Interest income:

Interest and fees on loans (Note 5)

$ 1,000

$ 948

Interest expense:

Interest on borrowings of consolidated securitization entities

105

Provision for credit losses (Note 5)

$ 165

$ 120

[1]	Deferred merchant discounts to be recognized in interest income at March 31, 2024 and December 31, 2023, were $1.8 billion and $1.9 billion, respectively, which are included in Accrued expenses and other liabilities in our Condensed Consolidated Statement of Financial Position.

SYF Balance Sheet

2024-03-31

Condensed Consolidated Statements of Financial Position - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Assets

Cash and equivalents

$ 20,021

$ 14,259

Debt securities (Note 4)

3,005

3,799

Total loan receivables

^[1],[2]

101,733

102,988

Less: Allowance for credit losses

(10,905)

(10,571)

Loan receivables, net

90,828

92,417

Goodwill (Note 7)

1,073

1,018

Intangible assets, net (Note 7)

800

815

Other assets

5,446

4,915

Assets held for sale (Note 3)

256

Total assets

121,173

117,479

Deposits: (Note 8)

Interest-bearing deposit accounts

83,160

80,789

Non-interest-bearing deposit accounts

394

364

Total deposits

83,554

81,153

Borrowings: (Notes 6 and 9)

Senior and subordinated unsecured notes

8,117

8,715

Total borrowings

^[3]

16,133

15,982

Accrued expenses and other liabilities

6,204

6,334

Liabilities held for sale (Note 3)

107

Total liabilities

105,891

103,576

Equity:

Preferred stock, par share value $0.001 per share; 1,250,000 and $750,000 shares authorized at March 31, 2024 and December 31, 2023, respectively; 1,250,000 and $750,000 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively, and aggregate liquidation preference of $1,250 at March 31, 2024 and $750 at December 31, 2023

1,222

734

Common Stock, par share value $0.001 per share; 4,000,000,000 shares authorized; 833,984,684 shares issued at both March 31, 2024 and December 31, 2023; 401,410,596 and 406,875,775 shares outstanding at March 31, 2024 and December 31, 2023, respectively

Additional paid-in capital

9,768

9,775

Retained earnings

19,790

18,662

Accumulated other comprehensive income (loss):

Debt securities

(34)

(33)

Currency translation adjustments

(38)

Employee benefit plans

Treasury stock, at cost; 432,574,088 and 427,108,909 shares at March 31, 2024 and December 31, 2023, respectively

(15,430)

(15,201)

Total equity

15,282

13,903

Total liabilities and equity

121,173

117,479

Unsecuritized loans held for investment

Assets

Total loan receivables

81,642

81,554

Restricted loans of consolidated securitization entities

Assets

Total loan receivables

20,091

21,434

Less: Allowance for credit losses

(1,800)

(1,900)

Loan receivables, net

^[4]

18,259

19,537

Other assets

^[5]

Total assets

18,308

19,584

Borrowings: (Notes 6 and 9)

Borrowings of consolidated securitization entities

^[3]

8,016

7,267

Total liabilities

$ 8,047

$ 7,298

[1]	At March 31, 2024 and December 31, 2023, loan receivables included deferred costs and purchase discounts, net of deferred income, of $(120) million and $213 million, respectively. (c)At March 31, 2024 and December 31, 2023, $23.2 billion and $22.4 billion, respectively, of loan receivables were pledged by the Bank as collateral to the Federal Reserve to secure Federal Reserve discount window advances.
[2]	Total loan receivables include $20.1 billion and $21.4 billion of restricted loans of consolidated securitization entities at March 31, 2024 and December 31, 2023, respectively. See Note 6. Variable Interest Entities for further information on these restricted loans.
[3]	Includes unamortized debt premiums, discounts and issuance costs. (b)The Company may redeem certain borrowings prior to their original contractual maturity dates in accordance with the optional redemption provision specified in the respective instruments.
[4]	Includes $1.8 billion and $1.9 billion of related allowance for credit losses resulting in gross restricted loans of $20.1 billion and $21.4 billion at March 31, 2024 and December 31, 2023, respectively.
[5]	Includes $47 million and $45 million of segregated funds held by the VIEs at March 31, 2024 and December 31, 2023, respectively, which are classified as restricted cash and equivalents and included as a component of Other assets in our Condensed Consolidated Statements of Financial Position.

About Synchrony Financial

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 cards, 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 to retail and commercial customers, 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, Pets Best, and Walgreens brands; payments and financing solutions in the apparel, specialty retail, outdoor, music, and luxury industries. 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, powersports, jewelry, pets, and other industries. The company was founded in 1932 and is headquartered in Stamford, Connecticut.

CEO	Mr. Brian D. Doubles
WEBSITE	synchrony.com
INDUSTRY	Credit Services
EMPLOYEES	18500

Synchrony Financial Frequently Asked Questions

What is the ticker symbol for Synchrony Financial? What does SYF stand for in stocks?

SYF is the stock ticker symbol of Synchrony Financial. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Synchrony Financial (SYF)?

As of Wed May 08 2024, market cap of Synchrony Financial is 18.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SYF stock?

You can check SYF's fair value in chart for subscribers.

What is the fair value of SYF stock?

You can check SYF's fair value in chart for subscribers. The fair value of Synchrony Financial is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Synchrony Financial is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SYF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Synchrony Financial a good stock to buy?

The fair value guage provides a quick view whether SYF is over valued or under valued. Whether Synchrony Financial is cheap or expensive depends on the assumptions which impact Synchrony Financial's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SYF.

What is Synchrony Financial's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, SYF's PE ratio (Price to Earnings) is 6.25 and Price to Sales (PS) ratio is 0.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SYF PE ratio will change depending on the future growth rate expectations of investors.