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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
Image source: The Motley Fool. Synchrony Financial (NYSE: SYF) Q3 2024 Earnings Call Oct 16, 2024, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
P.C. Richard & Son, commonly known as simply P.C. Richard, is the largest chain of private, family-owned appliance, television, electronics, and mattress stores in the United States. [4] Its 66 stores are located in New York , New Jersey , Connecticut and Pennsylvania , with the majority of the stores located on Long Island , including the New ...
On July 31, 2014, Synchrony Financial raised $2.9 billion in its IPO when GE sold 125 million shares (15%) of the company. [ 85 ] On April 10, 2015, it was announced that GE would sell most of GE Capital's commercial and consumer businesses within two years, focusing instead on its leasing businesses connected with GE's manufacturing businesses.
Before the breakout of the coronavirus pandemic, Synchrony Financial (SYF) outperformed the S&P by a single-digit percentage following its spin-off from General Electric (GE) to become a stand ...
Synchrony Financial (NYSE:SYF) reported third-quarter net interest income of $4.609 billion, beating the consensus of $4.491 billion. Net interest income increased 5.7% YoY, driven by higher ...
Riding on strategic initiatives and solid segmental contributions, Synchrony Financial (SYF) holds potential to reap benefits for investors.
Synchrony Bank is an online banking subsidiary of Synchrony Financial. [22] Synchrony Bank operates mostly as a direct bank, with one branch location in Bridgewater, NJ. [23] It was established in 1988 and has headquarters in Draper, Utah. [24] Synchrony Bank reported $35 billion in its deposits in its 2014 annual report. [25] Key People
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