Through the partnership with Synchrony, cardholders will have access to new and improved digital experiences including streamlined digital application and servicing. "Synchrony is working hand-in-hand with Virgin Red to create the ultimate rewards credit card program for its members," said Bart Schaller, EVP and CEO, Digital, Synchrony. "This new program will offer an unparalleled experience for Virgin's most loyal customers from application to purchase to rewards redemption." "The new Virgin Red Rewards Ma ...

"Our commitment to equity is unwavering," said Brian Doubles, President and CEO of Synchrony. "As a responsible and trusted employer, partner, and community member, belonging is an imperative at Synchrony. It's clear the progress we are making on advancing equity, diversity, inclusion and citizenship is good for our business and great for our employees, customers and communities." This year's theme, United in Purpose – Changing Tomorrow, Today, reinforced the company's collective resolve to bring together d ...

Most Consumers Say Their Hearing is a Priority, But Less Than 10% Visited an Audiologist in the Past Year, Citing Cost as One of the Top BarriersSTAMFORD, Conn., May 14, 2024  /PRNewswire/ -- Hearing is a priority health concern for the majority of consumers, yet few take action to proactively manage their hearing health, according to a new study from Synchrony, a premier consumer financial services company, conducted on behalf of the company's leading healthcare financial solution, CareCredit. Synchrony's ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

Partnership To Offer Special Financing Options and Modern Digital Payment Features and Financial Education ResourcesSTAMFORD, Conn., May 2, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a consumer financial services company, today announced a multi-year renewal with Affordable Care, LLC., one of America's leading consumer retail healthcare companies supporting dental practices exclusively focused on tooth replacement solutions. Under the expanded agreement, CareCredit, Synchrony's health and wellness credit c ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

Adam Gault Mr. Market's Mood Improves Toward Synchrony Synchrony Financial (NYSE:SYF) stock has returned nearly 65% since I rated it a Strong Buy in October 2023. Even in the past quarter, after my downgrade to a regular Buy, it has still returned 18.6%. The 6-month return more than doubled the average Financial sector return, as measured by the Financial Sector SPDR ETF (XLF). Data by YCharts Throughout much of the last couple of years, Mr. Market has been living in fear that the consumer was going to stop ...

公司业务 - 公司通过五个销售平台管理其信用产品，包括家居与汽车、数字化、多元化与价值、健康与健康以及生活方式[16] - 公司提供私人标签信用卡、商业信用产品和消费者分期贷款等三种主要信用产品[22] - 公司提供安全的分期贷款给消费者，主要用于户外市场的动力产品，如摩托车、ATV和草坪和花园产品[26] 财务表现 - 2024年第一季度净收入增至13亿美元，较2023年同期的6.01亿美元增长[38] - 2024年3月31日，贷款应收增长11.6%，达到1017亿美元，较2023年3月31日的911亿美元增长[39] - 2024年第一季度净利息收入增长8.7%，达到44亿美元[40] - 2024年第一季度拨备为19亿美元，较2023年同期的12.9亿美元增长[43] - 2024年3月31日，存款占总融资来源的84%，总存款增长3.0%，达到836亿美元[46] - 2024年3月31日，宣布每股支付14.06美元的现金股息[47] 资产负债表 - 直接存款包括存款证书、IRA、货币市场账户、储蓄账户等，总额为705.98亿美元[90] - 通过Synchrony Card Issuance Trust（SYNIT）进行资产支持证券发行，预计2024年3月31日的长期借款到期金额为80.25亿美元[93] - SYNCT的三个月滚动平均超额利差在2024年3月31日为14.3%至15.0%[97] - SFT的三个月滚动平均超额利差为12.3%[97] - SYNIT的三个月滚动平均超额利差为17.0%[97] 风险管理 - 逾期30天以上的贷款逾期率从2023年3月31日的3.81%上升至2024年3月31日的4.74%[79] - 公司没有重大的资产负债表外安排，包括对第三方义务的担保[121] - 公司的信用卡未使用额度是可以被公司取消的[122]

财务表现 - Synchrony Financial (SYF)2024年第一季度调整后每股收益为1.18美元，较Zacks Consensus Estimate低13.9%[1] - 净利息收入同比增长8.9%，达到44亿美元，但低于共识预期0.9%[2] - SYF季度业绩受到较低的净利息差、新账户和较高的净核销率和费用的影响，但由于四个五大销售平台的强劲贡献，购买量强劲增长，贷款应收账款组合扩大，业绩得到提振[3] 其他收入 - SYF的其他收入达到12亿美元，主要由于宠物保险销售收益增加，亦因交换和保护产品收入增长3.9%和22.6%[4]

业绩总结 - 公司2024年第一季度净收入为31.4亿美元，同比增长133%[9] - 公司2024年第一季度调整后每股收益为1.18美元，较去年同期增长[6] - 公司2024年第一季度贷款应收款项为1017亿美元，较去年同期增长[6] - 公司2024年第一季度净利息收入为44.05亿美元，较去年同期增长9%[9] - 公司2024年第一季度净利息收入率为15.22%，较去年同期略有下降[6] 用户数据 - 公司2024年第一季度平均活跃账户数为7170万，较去年同期有所增加[6] 未来展望 - 公司继续实施产品、政策和定价变更，预计在未来2-3个月内大部分变更将完成[17] 新产品和新技术研发 - 公司2024年第一季度净收入为1293万美元，调整后净收入为491万美元[31] 市场扩张和并购 - 公司2024年第一季度净收入可供普通股股东使用的调整后净收入为480万美元[31] 负面信息 - 逾期贷款情况显示，30+天逾期贷款占期末贷款应收的比例为5.0%，较去年同期增加200个基点[15] - 90+天逾期贷款占期末贷款应收的比例为2.5%，较去年同期增加100个基点[15]