Synchrony Financiall (SYF)

Synchrony Launches Free Skilled-Trades Degree Pathway for EmployeesJuly 8, 2026 7:30 AM
PR Newswire (US) New program enables eligible employees to earn associate degrees in HVAC, electrical, welding and more with tuition covered by the companyWomen in the Trades Forum convenes industry leaders to strengthen the pipeline for tech-enabled trade careersWEST CHESTER, Ohio, July 8, 2026 /PRNewswire/ -- At Synchrony's Women in the Trades forum, hosted with leading nonprofit partners, company leaders unveiled a new program enabling all U.S. employees, after three months of service, to earn a debt-free associate degree through community and technical college programs in high-demand fields like HVAC, electrical, plumbing and welding, building skills that support critical roles in data center operations and advanced mechanics.  Demand for these roles is accelerating, with nearly 500,000 skilled trade jobs unfilled today in the U.S., and by 2030, another 2.1 million more positions could go unfilled. As smart systems, connected equipment and AI tools become standard, technicians are combining hands-on expertise with digital fluency, opening new opportunities in modern skilled trades."Skilled trades power our homes, businesses and local economies and provide an essential service to people and families, yet the talent gap is growing," said Kelli Nesseth, Senior Vice President and GM at Synchrony. "This program gives our people a debt-free associate degree pathway, building in-demand skills for the future across the industries we serve and opening doors, even to business ownership."Held at Synchrony's Cincinnati-West Chester office, the Women in the Trades forum convened dozens of women leaders to share best practices in board-level training, mentorship and leadership, and to accelerate the next wave of skilled trade talent.Behind the statistics are real families and neighborhoods. When technicians are scarce, urgent home repairs can take longer and cost more, delaying work that keeps homes safe and livable and putting basic fixes further out of reach for those who need them most. Filling these vital roles strengthens local economies and supports Synchrony's Home partners, especially the small and medium-sized businesses hit hardest by the skills shortage, by reducing backlogs, responding faster and growing local talent pipelines with job-ready credentials aligned to employer needs."Synchrony's new tuition program and scholarship support are the investments we need to help more people, including women, enter high-demand trade careers," said Jane Sidebottom, President of Women in HVACR (Heating, Ventilation, Air Conditioning and Refrigeration). "As the skills gap widens, building a job-ready pipeline is essential for the next generation of leaders and the customers and communities they'll serve."Through a partnership with Bright Horizons EdAssist, Synchrony employees can pursue trade-focused associate degrees through a network of more than 20 technical colleges, community colleges and trade-school programs. The program offers flexible options including paid apprenticeships, employer-based training and hybrid or on-campus models with hands-on lab and shop learning.Women in Trades Forum: Building the Pipeline and Future SkillsSynchrony's Women in the Trades forum convened leaders across HVAC, home improvement and home services to share talent and leadership strategies. Participants also gained practical skills in women's financial health, marketing and AI, including a budgeting workshop hosted by Synchrony's new employee-led Financial Literacy Service Corps.Attendees included leaders from Women in HVACR, Women in the Flooring Industry, and National Women in Roofing; Bosch Home Comfort Group, Floor & Decor, Mitsubishi Electric Heating & Air Conditioning, Rheem, Roto-Rooter Plumbing & Water Cleanup and ServiceTitan; and trade professionals from technicians to small business owners.Powering Skills for the FutureThe new program builds on Synchrony's strong track record of preparing employees for future job-ready skills, while helping them pursue their personal and professional career goals through education, including:Debt-free tuition: Up to $24K per year for degrees in high-demand fields, including education, health care and now skilled trades, building skills that power careers at Synchrony and across the industries the company servesTech certifications: Up to $9K annually towards 12+ credentials aligned to critical skillsTech apprenticeships: 12-month pathway for non-traditional talent into Synchrony tech roles such as information security, AI and tech supplier managementBuilding Pathways, Expanding Access in CommunitiesSynchrony continues to expand pathways to the skilled trades by supporting technical training. The Synchrony Foundation has donated $150,000 to Women in HVACR for scholarships and nearly $1 million to skilled trade programs nationwide since 2021. This work is part of Synchrony's Education as an Equalizer initiative to broaden access to education, skills training and financial literacy.Frequently Asked QuestionsQ1: Why is Synchrony launching a debt-free skilled trades associate degree program for employees?A1: Synchrony is expanding its employee tuition program in response to employee feedback and growing workforce needs. The company previously expanded tuition support to high-demand fields such as healthcare and education and is now adding skilled trades, including HVAC, electrical, plumbing and welding. The program also helps address the skilled trades shortage while supporting the industries and communities Synchrony serves, including many small and midsize businesses in the home ecosystem.Q2: How does this initiative help address the skilled trades shortage?A2: The program provides eligible employees with access to debt-free associate degrees through more than 20 community colleges, technical colleges and trade school programs. By helping employees gain job-ready skills and industry-recognized credentials, the program supports workforce development in high-demand skilled trades while helping strengthen local talent pipelines that serve businesses and communities.Q3: Who is eligible for the skilled trades associate degree program?A3: Eligible U.S. employees can participate after three months of service. Through a partnership with Bright Horizons EdAssist, employees can pursue associate degrees in skilled trades including HVAC, electrical, plumbing, and welding through participating education providers, with flexible options including apprenticeships and hybrid learning.Q4: How is Synchrony advancing skilled trades in communities?A4: Synchrony is helping expand pathways into skilled trades through community investment and technical training. Since 2021, the Synchrony Foundation has donated nearly $1 million to skilled trade programs nationwide, including $150K to Women in HVACR for scholarships, as part of its Education as an Equalizer initiative.About Synchrony Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Media ContactAngie Hu
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Synchrony Announces Executive Leadership Changes to Advance Digital Growth, Customer Experience and AI MomentumJune 29, 2026 4:05 PM
PR Newswire (US) STAMFORD, Conn., June 29, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced executive leadership changes in its Digital platform and Technology and Operations organizations. Carol Juel has been named Executive Vice President and Chief Executive Officer of Synchrony's Digital platform, reporting to Brian Doubles, President and Chief Executive Officer of Synchrony.Juel succeeds Bart Schaller, who has announced his plans to retire from the company after a 35-year career. Juel will be responsible for advancing innovation, customer experience and consumer financing capabilities for digital-first partners including Amazon, PayPal, Venmo and Verizon. She most recently served as Synchrony's Executive Vice President, Chief Technology and Operating Officer, where she led the company's Technology and Operations organizations and drove modernization of its platforms and customer experiences."Bart has been an extraordinary leader for our company, and we're grateful for his lasting contributions," said Doubles. "Carol is the right leader to build on that foundation by leading our Digital platform. She brings a digital-first mindset as well as deep technology and innovation experience to help us deliver even more for our partners and customers."Synchrony also announced that Florin Arghirescu has been promoted to Executive Vice President and Chief Technology Officer, reporting to Doubles. He will lead Synchrony's Technology team and be responsible for enterprise technology strategy and execution, including the company's AI agenda, engineering and platform capabilities. He brings more than 25 years of experience across technology and product development leadership roles.DJ Casto will expand his responsibilities and become Executive Vice President, Chief People and Operations Officer, continuing to report to Doubles. Casto will continue to lead Human Resources and will assume responsibility for Operations, including servicing, collections and customer care, with a focus on operational excellence and building on our strong customer experience capabilities."Florin has the technical depth and enterprise perspective to accelerate our AI momentum and advance our technology strategy, and DJ has a proven track record developing talent and leading large teams that support customers every day," Doubles added. "Together, they will help us scale innovation and strengthen the capabilities and culture that make Synchrony a great place to work.""As a company that helps power financial flexibility and access for millions of Americans and their families, Synchrony plays an important role in everyday lives and the broader economy," Doubles said. "These leaders will help us continue delivering for our partners and customers, accelerate AI adoption, advance emerging areas like agentic commerce, and build the talent and platforms that will drive our next phase of growth and value for our stakeholders."About SynchronySynchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Forward-Looking StatementsThis press release includes certain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections.  Forward-looking statements may be identified by words such as "will" or words of similar meaning.  The forward-looking statements convey our expectations related to the executive leadership changes, business and product developments, and growth plans, and are subject to inherent uncertainties, risks and changes that are difficult to predict, may change over time and many of which are beyond our control. As a result, actual results could differ materially from those indicated in these forward-looking statements.   For these reasons, we caution you against relying on any forward-looking statements, which should also be read in conjunction with our public filings, including under the heading "Risk Factors Relating to Our Business" and "Risk Factors Relating to Regulation" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed on February 6, 2026. Any forward-looking statement speaks only as of the date on which it is made and we undertake no obligation to update any forward-looking statement, except as otherwise may be required by law.Investor Relations:
Kathryn Miller
Synchrony
kathryn.miller @CharlesAbrahamMedia Relations:
Ashley Tufts
Synchrony
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CareCredit Now Available at LiveLoveSpa.com Checkout, Marking First eCommerce Partnership in the Cosmetic SpaceJune 3, 2026 9:00 AM
PR Newswire (US) LiveLoveSpa.com becomes the first eCommerce partner in the cosmetic space to offer the CareCredit credit card as a seamless checkout option, giving consumers more options to pay for skincare and beauty products. Key Highlights:A first in beauty eCommerce: LiveLoveSpa.com becomes CareCredit's first cosmetics eCommerce partner to offer CareCredit as a built-in checkout payment option.Built for how people shop today: With 41% of U.S. beauty and personal care purchases happening online, shoppers increasingly expect flexible ways to apply for credit and pay at checkout.Financing when it matters most: The integration brings apply + buy in one smooth flow, meeting demand for choice and convenience—especially as 44% of shoppers look for financing options.STAMFORD, Conn., June 3, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financial services company, today announced a partnership with LiveLoveSpa.com, an online store and community created to inspire healthy living by connecting consumers and professionals to beauty and wellness products and experiences. LiveLoveSpa.com is Synchrony's first eCommerce partner in the cosmetic space to offer a seamless apply and checkout experience with CareCredit through Shopify. Expanding financing options to online sectors may be essential to meet consumers on their journey, as global eCommerce sales are forecasted to hit $6.4 trillion in 2026, with an expected market growth of over $7.89 trillion by 2028 and estimated 22.5% of retail purchases taking place online.1 The cosmetic space is already seeing this shift firsthand as online sales now represent 41% of beauty and personal care sales in the U.S., a 7.3% year-over-year value in growth across the global sector.2"As more consumers choose to shop directly with brands online, the digital experience – especially at checkout – has become increasingly important. At the same time, cost remains a key barrier in the cosmetic and wellness space," said Jeff Miller, Senior Vice President and General Manager, Specialty and Wellness at Synchrony. "CareCredit, backed by Synchrony helps address that challenge by expanding access to financing options in a seamless, digital-first way – enabling consumers to move forward with care and helping our partners drive growth."The partnership enables consumers to apply for and use CareCredit at checkout when purchasing products and services from LiveLoveSpa.com  which uses Shopify. Cardholders will experience a seamless checkout experience and will have access to a variety of financing options on eligible purchases that could support them in achieving their aesthetic and wellness goals.Live Love Spa's partnership with CareCredit helps cardholders to purchase what they want in a way that fits their lifestyle and financial goals throughout their beauty and wellness journey by:Enabling a seamless checkout experience: CareCredit financing options are available at the point of sale, improving the payment experience for Live Love Spa customers.Driving access: With the CareCredit credit card, consumers can move forward with higher-ticket wellness and spa purchases eligible for special financing they might otherwise delay due to upfront costs, while providing a continuous solution for their beauty and wellness journey as consumers can utilize it for repeat purchases and ongoing product or service needs. Delivering a trusted payment option: Consumers gain added confidence when purchasing from curated wellness brands on Live Love Spa, as 71% of consumers have encountered a scam or attempted scam while shopping online.3The Future of eCommerce Financing
As 44% of shoppers said they always seek financing options,4 this partnership aims to address consumers' cost concerns while redefining the eCommerce payment experience in a new age of digitalization and integration."Consumer preferences are evolving alongside the growing digital presence of beauty and wellness brands, making cross-industry partnerships increasingly valuable to remain competitive," said Lisa Michaelis, CEO and Founder of Live Love Spa. "Partnering with CareCredit allows us to offer the financing options consumers expect, directly at the point of sale, helping more customers access the brands and products they want while putting their wellness needs at the forefront."Through CareCredit, a Synchrony solution, this partnership enables access to an array of credit options for health and wellness products and services, including 6 and 12 months promotional financing options on purchases of $200+.Expanding on Synchrony's years of expertise in consumer financing for more than 70.7 million active accounts,5 alongside approximately 500,000 total partner locations – including small and medium businesses – the partnership is expected to increase access to financing options for 100,000+ Live Love Spa customers and marks CareCredit's growing digital presence in the beauty and wellness space.To learn more about CareCredit and how to apply, please visit: www.carecredit.com. To learn more about Synchrony's eCommerce solutions, please visit: www.synchrony.com.FAQWhat is the current and projected growth of global eCommerce sales and cosmetic space?
Global eCommerce sales are forecasted to reach $6.4 trillion in 2026, with expected market growth to over $7.89 trillion by 2028 and an estimated 22.5% of all retail purchases taking place online.1 Online sales currently represent 41% of all beauty and personal care sales in the U.S., reflecting a significant shift in consumer purchasing habits within this sector.2What role do financing options play in consumers' online shopping behavior?
Financing options play a significant role, as 44% of shoppers actively seek them,4 highlighting a strong consumer demand for payment solutions in the digital space.Why are trusted payment options crucial for online shoppers?
Trusted payment options for eCommerce shoppers are crucial because 71% of consumers have encountered a scam or attempted scam while shopping online.3 Partnering with reputable payment solutions like CareCredit can provide added confidence.How can I use CareCredit for Live Love Spa products at checkout?
CareCredit cardholders can apply for and use their card at the point of sale for Live Love Spa purchases on Shopify.     Does CareCredit plan to offer point of sale offerings across other eCommerce sites?
Yes, CareCredit and larger Synchrony network has been expanding its role and footprint in the eCommerce space, from Synchrony's agentic AI marketplace integration to CareCredit point of sale offerings.About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.About LiveLoveSpa.com:
LiveLoveSpa.com is the curated wellness destination where every product is carefully selected and vetted. So discovering your next favorite ritual feels like a recommendation from someone who gets it. For more than a decade, their team of experts has had its pulse at the forefront of wellness, elevated the professionals, and created the spaces where brands, businesses, and people finally discover each other.











1 Global Ecommerce Sales Growth Report (2026). Shopify, 2025. Retrieved from: https://www.shopify.com/blog/global-ecommerce-sales2 NIQ reports 7.3% Year-Over-Year Value Growth in Global Beauty Sector. NielsenIQ, 2025. Retrieved from: https://nielseniq.com/global/en/news-center/2025/niq-reports-7-3-year-over-year-value-growth-in-global-beauty-sector/.3 "Clutch Report: 71% of Consumers Encounter E-Commerce Scams While Shopping Online." Clutch, 2026. Retrieved from: https://clutch.co/press-releases/ecom-scams-survey.4 Synchrony 9th Major Purchase Study, September 2023.5 Securities and Exchange Commission Form 10-K, Annual Report Section 13 and 15(d). Synchrony, February 6, 2026.Contact:
Michelle Romero
Synchrony
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Synchrony Expands Partnership with Lowe's as New Issuer of Co-Brand Credit Card for Home Improvement ProfessionalsApril 30, 2026 10:30 AM
PR Newswire (US)

The MyLowe's Pro Rewards American Express® Card, Available Today, Is Designed to Help Pro Customers Maximize Rewards and Savings at Lowe's and on Everyday Business Purchases STAMFORD, Conn., April 30, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced an expanded co-brand partnership with Lowe's (NYSE: LOW), with Synchrony now issuing the MyLowe's Pro Rewards American Express® Card. The new card complements the existing MyLowe's Pro Rewards Credit Card, which can be used only in Lowe's stores. The new card can be used anywhere American Express (NYSE: AXP) is accepted, helping extend Pro purchasing power and rewards earning potential beyond Lowe's.







Starting today, Pro customers can apply for the MyLowe's Pro Rewards American Express® Card in store or at Lowes.com/businesscredit. The card offers MyLowe's Pro rewards points1 on eligible purchases and a variety of other benefits, including no annual fee. American Express will continue serving as the payment network for the MyLowe's Pro Rewards American Express® Card program."Bringing the Lowe's commercial co-brand credit card under our umbrella with Synchrony allows us to deliver a truly seamless experience – simpler applications, smarter digital servicing and flexible financing to help meet the needs of Lowe's professional customers," said Curtis Howse, EVP & CEO, Home & Auto, Synchrony. "Our priority is delivering tangible everyday value for customers who rely on Lowe's.""By expanding our card-issuing relationship with Synchrony and leveraging the American Express Network for this card, we're continuing to strengthen our offering for small-to-medium Pros and deliver value through MyLowe's Pro Rewards," said Brandon J. Sink, Lowe's CFO. "We're making it faster and easier for Pros to shop and keep their businesses running smoothly, with flexible financing tailored to their project needs.""American Express is pleased to announce our partnership with Synchrony and build on our longstanding relationship with Lowe's through the MyLowe's Pro Rewards American Express® Card," said Will Stredwick, EVP and GM of Global Network Services for North America at American Express. "The card will offer professionals a compelling way to earn rewards, backed by the security and benefits of our American Express Network."For more information, Lowe's Pro customers may call 866-796-1609.Disclaimer:
1 Points: Points are awarded on Qualifying Purchases that have been settled and fulfilled up to $1.5M annual qualifying spend per year. Visit Lowes.com/Terms for additional restrictions and full details. Subject to change.About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.  About American Express
American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services, and experiences that enrich lives and build business success. Founded in 1850 and headquartered in New York, American Express' brand is built on trust, security, service, and a rich history of delivering innovation and Membership value for our customers. We seek to provide the world's best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations, and we build and manage relationships with millions of merchants across our global network. For more information about American Express, visit americanexpress.com, americanexpress.com/en-us/newsroom/, and ir.americanexpress.com. Contacts:Lauren Devilbiss
Synchrony
Lauren.Devilbiss@syf.comSSteve Salazar
Lowe's
Steve.J.Salazar@lowes.comMelissa Filipek
American Express
Melissa.j.Filipek@aexp.com 










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Original: Synchrony Expands Partnership with Lowe's as New Issuer of Co-Brand Credit Card for Home Improvement Professionals

Synchrony Reports First Quarter 2026 ResultsApril 21, 2026 6:00 AM
PR Newswire (US)

Company Announces Quarterly Common Stock Dividend of $0.30 Per Share and Plans to Increase Quarterly Common Stock Dividend to $0.34 Per ShareCompany also Announces Approval of a $6.5 Billion Share Repurchase Program STAMFORD, Conn., April 21, 2026 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its first quarter 2026 results for the period ending March 31, 2026. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results. 







Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website. The Company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable on May 15, 2026 to holders of record at the close of business on May 5, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share) and approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) are payable on May 15, 2026 to holders of record at the close of business on May 5, 2026.Additionally, the Company announced that the Board plans to increase the quarterly cash dividend from $0.30 to $0.34 per share of common stock beginning in third quarter 2026.Last, the Company announced that the Board approved a new share repurchase program of up to $6.5 billion of the Company's common stock, which commences in the second quarter of 2026 and, in a change from the Company's prior share repurchase programs, does not have an expiration date.  The new share repurchase program replaces the Company's prior program, which was scheduled to expire on June 30, 2026 and had approximately $300 million remaining. The pace and amount of share repurchases are flexible. Repurchases under the program will be executed from time to time subject to various factors, including capital levels, financial performance, market conditions and legal and regulatory requirements, and in accordance with our capital plans. The Company's share repurchase program may be executed through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans, and may be modified, suspended or terminated at any time.About Synchrony 
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Contacts 
Investor Relations: 
Kathryn Miller 
(203) 585-6291 
Kathryn.miller @levong00 
ashley.tufts2@syf.com 



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Original: Synchrony Reports First Quarter 2026 Results

Consumers' Vision Care Decisions Clouded by Costs, According to New Study from CareCredit, a Synchrony SolutionApril 10, 2026 9:00 AM
PR Newswire (US)

VisionIQ, a national consumer survey, reveals cost is a major barrier to vision products and services; 55% of patients are more likely to choose optometrists and ophthalmologists offering payment optionsFinancing Gap: 44% of patients are willing to switch vision providers entirely for financial convenience, however, only 22% recall being offered financing options.Impact on LASIK Procedures: 59% of consumers interested in LASIK cite cost as the reason they do not more forward with the procedure, exceeding other factors such as fear of the surgery going wrong (34%) and negative results (34%).Gen Z Needs Financing Support: 78% of Gen Z consumers say cost impacts how often they seek vision care. This hesitation is starkest for procedures such as LASIK - 50% of Gen Z expressed interest in LASIK, yet only 5% of LASIK patients are Gen Z.STAMFORD, Conn., April 10, 2026 /PRNewswire/ -- A new study conducted by Synchrony (NYSE: SYF), a premier consumer financial services company, on behalf of CareCredit, which offers a leading health and wellness credit card, reveals that while patients want to pursue proactive vision care, a critical disconnect in how providers discuss care costs and financing for products and procedures is impacting access. The "VisionIQ: Intelligence on financing trends in eye care" study, which surveyed 2,000 U.S. consumers, pinpoints cost as a primary driver of vision care decisions and a significant barrier to patients moving forward with recommended treatments. 







According to The Vision Council, nearly 76% of adults in the United States need some form of vision correction, making eyewear an essential – and recurring – expense for 166.5 million adults who wear prescription eyeglasses.1 Nearly half of consumers (45.8%) spend between $100 and $150 on frames alone, before factoring in additional costs such as lenses, ongoing replacements, exams and corrective procedures.1 Vision loss is expected to cost the U.S. economy an estimated $35 billion annually among adults 40 and older between direct costs for vision correction and lost productivity.2 Collectively, eyewear and vision care represent a significant financial commitment for millions of Americans."Cost concerns are a key driving force behind patients' care decisions, with a majority (64%) reporting that cost impacts how often they seek vision care – influencing everything from provider choice and service utilization to adherence to ongoing care," said Jeff Miller, Senior Vice President and Specialty and Wellness General Manager at Synchrony. "Our study clearly highlights the opportunities for providers to bridge these gaps, help ensure patients can access the vision care and eyewear they want, when they want it."The Financing Gap: A Clear Opportunity for Providers to Expand Care Access
The study reveals a striking disparity: 8 in 10 consumers would consider financing vision care expenses when costs reach approximately $761, and 44% of patients are willing to switch providers entirely for financial convenience. The data show a clear demand for access to vision care and eyewear financing options."Access to vision care shouldn't be something patients have to overthink. But the reality is financial hurdles are still one of the biggest barriers," said Troy Cole, a coach and advisor in the refractive surgery space. "I see it all the time – patients delay procedures that could genuinely improve their quality of life because they're unsure how to navigate the money side. When practices can offer clear, flexible payment options, it changes the conversation. They give patients confidence to move forward and ultimately support better long-term eye health and overall lifestyle."Despite interest in financing vision expenses, just 22% recall being offered financing options by their provider. Demand exists even though most patients (65%) have insurance, with over half (54%) facing an out-of-pocket balance and actively seeking providers who offer financing solutions. This gap between patient interest in financing vision care and being presented with options to manage costs with financing represents a significant barrier to care for patients and a substantial missed opportunity for providers to grow and retain their patient base.Generational Divide: Style-Forward Youth Face Biggest Financial Barriers
78% of Gen Z reported cost impacts their vision care frequency compared to 64% of respondents overall – yet, they over-index on style products, with 33% owning designer frames."Beyond eyewear selections, the generational paradox in vision care is the most clear with LASIK care decisions," said Miller. "Our VisionIQ results show a striking disconnect: half of Gen Z (50%) expressed interest in LASIK, yet Gen Z accounts for only 5% of actual LASIK patients. This represents a substantial segment of the population not pursuing the vision care they desire."In ophthalmology practices, where procedures like LASIK are common, 59% of patients cite cost as their main concern, with 64% of those who decide to move forward paying out-of-pocket. On average, LASIK costs can surpass $3,000.3The Solution: Empowering Vision Practices and Patients to Proactively Address Financing Concerns
The research definitively shows that timing and approach matter when it comes to vision care decisions. When practices proactively address payment concerns, patients respond positively: 43% say they would be more likely to get care if they could pay in installments, representing a dual win for improved care access and competitive advantage for providers.The CareCredit credit card, a Synchrony solution, is one financing option providers can offer to patients to finance vision expenses – with more than 12 million open cardholder accounts with a total of $40 billion in available credit across the country. With acceptance at more than 26,000+ vision providers, it is a convenient and reliable solution that offers financing options for qualified consumers.For vision practices, CareCredit is more than a financing option; it's a powerful business tool, designed to support growth and help patients say "yes" more often to recommended care:Driving Loyalty and Repeat Visits: 45% of cardholders returned to the same practice. People can reference CareCredit's Procedure Cost Calculator for more information about the cost of health and wellness care services in their area, including vision care.Seamless Integration: Integrating CareCredit within leading ISVs lets practices offer financing directly in the software they already use, streamlining workflow and improving access.Fast Payments: With Synchrony you receive payment within two business days, so you can focus on providing exceptional, personalized vision care. Plus, Synchrony is a regulated bank.To read Synchrony's VisionIQ study research, please visit CareCredit.com/providers/insights/vision-care-industry-study/. To learn more about CareCredit, please visit: www.carecredit.com.Methodology The Synchrony VisionIQ study was conducted by Synchrony July 15-22, 2025. Researchers surveyed 2,000 respondents in the U.S (aged 18-75) through an online device-agnostic survey.About Synchrony Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.FAQWhat is in the new CareCredit VisionIQ Study?
Consumers and providers can read key findings and takeaways from the VisionIQ study across four key topics: Cost concerns, Financing Results, Optometry (designer eyewear), and Ophthalmology (LASIK), and view various consumer and/or provider-centric resources to support the care journey.How easy is it to set up CareCredit into current practice management systems?
CareCredit is integrating into leading practice management software offered by independent software vendors (ISVs) for ophthalmology and optometry practices including Clover, CoFi, Nextech, Promptly, and Solutionreach. Implementation is simple.What are the key findings from the Synchrony VisionIQ Survey?
Synchrony's VisionIQ study reveals that despite strong consumer interest in vision care, cost can significantly impact access, particularly among Gen Z. Study findings indicate a strong demand for financing solutions for vision care.Media Relations:
Michelle.Romero@SYF.com1 VisionWatch Vision Correction and Frame reports." The Vision Council. December, 2021. Retrieved from: https://thevisioncouncil.org/sites/default/files/assets/media/TVC_OrgOverview_sheet_2021.pdf2 Rein DB, Zhang P, Wirth KE, et al. The economic burden of major adult visual disorders in the United States. Arch Ophthalmol. 2006;124(12):1754–1760. doi:10.1001/archopht.124.12.17543 Synchrony Procedure Cost Calculator. Retrieved from: https://www.carecredit.com/well-u/financial-health/procedure-cost-calculator/ 










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Original: Consumers' Vision Care Decisions Clouded by Costs, According to New Study from CareCredit, a Synchrony Solution

Synchrony Puts Teachers First This Financial Literacy Month with $2 Million Commitment to Bring Training, Tools, and Financial Literacy Labs to U.S. High SchoolsApril 6, 2026 8:00 AM
PR Newswire (US)

Company accelerates investment in personal finance education in classrooms nationwideKey Highlights Synchrony announces $2 million in Empowering Financial Future grants and in-kind donations, as well as new education nonprofit partnershipsFunds to be invested in teacher development and classroom resources, as well as dedicated financial counseling services for public school teachers nationwideSynchrony Financial Literacy Labs to open at 10 public high schools with Synchrony employee volunteer supportSTAMFORD, Conn., April 6, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF) announced today it will provide $2 million in grants and in-kind donations to nonprofit partners and schools to help K–12 public school teachers, educators, and community organizations bring personal finance lessons to life, so more students can graduate with real-world financial knowledge and confidence.







"We are teaming up with education experts and investing millions of dollars to equip America's educators and community organizations with the resources to build healthier financial futures for our children," said Denise Yap, President of Synchrony Foundation. "When students learn how to budget, save, and manage credit early we know economic opportunity and security follows."With today's announcement, Synchrony has committed a total of $3 million as part of its Empowering Financial Futures philanthropic program, which it launched last year. The program includes grants, an employee-led Financial Literacy Service Corps, and strategic nonprofit partnerships to provide teachers, students, and communities with tools to make smarter financial decisions that will create a ripple effect that shapes America's economic future.The new grants will direct $1 million towards teacher development and training, classroom resources, and building Synchrony Financial Literacy Labs inside 10 public high schools near Synchrony offices across the country."According to the Council for Economic Education's 2026 Survey of the States, 39 states now require students to complete a personal finance course to graduate. As more states adopt these requirements, ensuring educators have the training, tools, and ongoing support to teach personal finance effectively is becoming increasingly important," said Steve Bumbaugh, CEO of the Council for Economic Education. "Synchrony's Empowering Financial Futures initiative will help strengthen teacher readiness and expand access to practical, high-quality financial education for students in communities nationwide."Designed with Teachers, Built for Students: Synchrony Financial Literacy LabsThe new Synchrony Financial Literacy Labs will be co-designed with each schools' personal finance teachers creating vibrant spaces built for how teens learn today, with digital whiteboards and monitors, a stock ticker, interactive games and modern money resources that make budgeting, saving and credit feel less like a lecture and more like a life skill. Selected teachers at participating schools will also receive paid professional training, ongoing instructional coaching and curriculum support to help deliver engaging, relevant lessons that resonate with students.A Strong Nonprofit Partnership Lineup with Educators at the CenterThe funding supports a group of leading nonprofits dedicated to supporting teachers, including the Council for Economic Education, DonorsChoose, Connecticut Financial Scholars, Jobs for America's Graduates (JAG), Jump$tart Coalition for Personal Financial Literacy, and Junior Achievement of Greater Fairfield County. These nonprofit partners bring deep expertise and trusted programming to help deliver classroom tools, training, and pathways to teachers across the country.The need for more classroom support to close the financial education knowledge gap is evident with a recent Synchrony survey* of U.S. consumers showing only about half (52%) of Gen Z reporting they learned about personal finance topics in school.Support for the People Who Support Everyone: Free Financial Counseling for TeachersIn addition, Synchrony is investing in the teachers helping our students with nearly $1 million in grants to establish free financial counseling services specifically for U.S. public school teachers through the National Foundation for Credit Counseling and Operation HOPE. Both nonprofit organizations will provide free access to financial counselors who will meet with teachers privately and individually to help them develop a plan to reach their financial goals. Eligible teachers can access these resources at the links below:National Foundation for Credit Counseling (NFCC): Founded in 1951, the NFCC is the oldest nonprofit dedicated to improving people's financial well-being. With more than 1,200 NFCC-certified credit counselors serving 50 states and all U.S. territories, eligible teachers can connect directly with an NFCC counselor for personalized, one-on-one guidance, whether that's managing student loan debt, navigating housing challenges, or creating a structured debt repayment plan. Get started at https://www.nfcc.org/synchrony-empowering-financial-futuresOperation HOPE: Since its inception 1992, Operation HOPE's mission has been to expand economic opportunity, making free enterprise work for everyone. Eligible teachers can connect directly with an Operation HOPE financial wellbeing coach. Coaches will meet with teachers individually to go over their personal goals, whether they want to improve credit, reduce debt, manage money, or build wealth. Get started at https://operationhope.org/synchrony-empowering-financial-futures/"Teachers lift up every community by lifting up our children," said Mike Croxson, CEO of NFCC. "Through this partnership, NFCC is proud to provide dedicated, one-on-one financial counseling as a meaningful way to honor their service, strengthen their financial foundation, and help them reach the goals they've worked so hard for."From the Office to the Classroom: Employee Volunteers Bringing Real-World PerspectiveSynchrony's employee-led Financial Literacy Service Corps will launch facilitator trainings this month and plans to deploy employee volunteers to support community and nonprofit partners this summer, and guest teach in the newly opened Financial Literacy Labs in high schools this fall bringing practical perspectives, local energy, and extra support to teachers doing this essential work.To learn more about Synchrony's Empowering Financial Futures philanthropic program and access our nonprofit partners' resources for teachers, please visit synchrony.com/about-us/corporate-citizenshipFrequently Asked QuestionsQ1: What is the significance of this announcement?
A1: Synchrony is investing an additional $2 million to advance K–12 personal finance education by funding teacher development, classroom resources, counseling services, Financial Literacy Labs in U.S. high schools, and employee volunteers to help teachers deliver financial literacy at scale.Q2: Who is eligible to receive support (schools, teachers, districts, nonprofits)?
A2: For nonprofit organizations: Grant funding is being provided to selected nonprofit partners who will deliver resources to educators and communities. To learn more about grant eligibility, click here.For Schools: Financial Literacy Labs will be established based on proximity to Synchrony offices for volunteer support, readiness to implement a dedicated personal finance learning space and engagement with local nonprofit partners for teacher training in alignment with program goals.For Teachers: Teacher counseling services provided by NFCC and Operation Hope are intended for eligible U.S. public school teachers. Q3: Where can I learn more or access these resources?
A3: To learn more about Synchrony's Empowering Financial Futures philanthropic program and access our nonprofit partners' resources for teachers, please visit synchrony.com/about-us/corporate-citizenshipAbout Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.*Methodology: Survey captures ongoing monthly sentiment from a broad, nationally representative sample of 1,000 U.S. consumers aged 18 and older, balanced to reflect U.S. Census demographics. These results were collected between March 1, 2026 and March 8, 2026.Media Contact
Ashley Tufts
Synchrony
ashley.tufts2@syf.com










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Original: Synchrony Puts Teachers First This Financial Literacy Month with $2 Million Commitment to Bring Training, Tools, and Financial Literacy Labs to U.S. High Schools

Synchrony Named No. 1 Best Company to Work For in the U.S., Powered by a High-Trust Culture that Fuels InnovationApril 1, 2026 8:23 AM
PR Newswire (US)

Top employer recognition by Fortune and Great Place To Work® spotlights Synchrony's employee-first workplace built on trust, accelerating innovation and business performance Key Highlights Synchrony ranked No. 1 on the Fortune 100 Best Companies to Work For® list, catapulting from No. 37 in 2021Nearly 100% of senior leaders use AI tools and nearly 80% of employees say AI will positively impact their careersHigh-trust culture, skills-first development and flexible hybrid model fuel growth, innovation and better business outcomesSTAMFORD, Conn., April 1, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced it has been named the No. 1 Best Company to Work For® in the United States by Great Place To Work® and Fortune media. The recognition reflects Synchrony's high-trust culture where employees are encouraged to innovate with AI and advanced technology, helping millions of Americans live healthier financial lives. The company rose from No. 37 in 2021 to No. 1 in 2026 and has been in the top five for the last three years.

 

The Fortune 100 Best Companies to Work For® list is one of the nation's most respected workplace rankings, honoring workplaces built on high levels of credibility, respect and fairness based on confidential employee feedback through the Great Place to Work Trust Index™. In the latest survey, 94% of Synchrony employees say the company is a great place to work (compared to 57% at a typical U.S. company), empowering employees to lead with an innovation-first mindset that strengthens customer experiences and business results."This recognition belongs to every member of the Synchrony team," said Brian Doubles, President and CEO of Synchrony. "Our culture is built on trust—giving our people the freedom to innovate, experiment and apply technologies like AI in ways that make a real difference for our customers and partners. When employees are empowered to bring new ideas forward, innovation accelerates and that's how we continue to expand credit access for tens of millions of Americans and hundreds of thousands of businesses.""Trust in the organization is a leading indicator of business performance," said Michael C. Bush, CEO of Great Place To Work. "When employees trust their leaders, they are more willing to give extra effort, embrace innovation like new AI tools, and deliver a better experience to customers."Great Place To Work recently launched the AI For All Index, which measures employee sentiment and guides responsible AI use in the workplace. Synchrony is building AI fluency through job-relevant AI training, including an AI field guide with employee use cases and prompt examples. These investments in the future of work are translating into strong employee confidence and everyday use: nearly 100% of senior leaders use AI tools, 90% of employees trust Synchrony to use AI fairly and ethically, 82% of employees say AI will create new growth opportunities for Synchrony and nearly 80% believe it will have a positive impact on their careers (all well above benchmark)."This recognition is a reflection of our people, and a reminder of what's possible when culture and performance grow together," said DJ Casto, Executive Vice President and Chief Human Resources Officer at Synchrony. "We know a great workplace isn't a perfect one – it's one built on trust and continuous improvement. Our leaders provide clarity, set accountability and follow-through, and act on employee feedback to make work better. The multiplier effect is real: faster execution, more innovation, better customer outcomes and measurable impact."Culture that fuels performanceSynchrony's high-performance culture—co-created with employees—is a competitive advantage that accelerates innovation and delivers strong business outcomes. That advantage is grounded in trust, which is more than a cultural value and a driver of innovation and performance. By empowering employees to challenge ideas and experiment with new technology, the company creates an environment where innovation happens continuously.The company's industry-leading employee retention, consistently strong engagement and ongoing recognition as a top employer have tracked with performance. In 2025, Synchrony delivered $3.6B in net earnings (more than doubled since 2020) and EPS of $9.28 (4x higher than 2020). Since 2020, the company renewed 230+ partner relationships and signed 200+ new ones.Highlights include:Flexible hybrid model: A hybrid model and collaboration-ready workspaces support flexibility and in-person teamworkSkills-first development: Job-focused AI training, tech apprenticeships, leadership programs that advance career growth and continuous learning and critical experiences that build valuable skills for the next roleCoaching and leadership: Ongoing manager coaching and real-time feedback drive clear goals, accountability and outcomesTotal well-being: Well-being coaches, sabbaticals, career and financial counseling and family-supportive policies help employees thrive at workFrequently Asked QuestionsQ1: What is the significance of this announcement?A1: Synchrony has been ranked No. 1 Best Company to Work For® in the United States by Great Place To Work® and Fortune media, recognizing the company's high-trust workplace culture that is fueling growth, AI innovation and better business outcomes.Q2: What sets Synchrony apart as a workplace? A2: Synchrony differentiates itself through a skills-first talent approach, trust that accelerates innovation and a flexible hybrid work model designed to keep employees engaged, increase agility and strengthen long-term business performance.Q3: Where can I learn more about Synchrony? A3: To learn more about Synchrony's culture and employee experience, visit https://www.synchronycareers.com.Q4: How is Synchrony preparing employees for the future of AI in the workplace?A4: Synchrony invests in AI training, workforce development programs and the AI For All Index so employees build AI fluency and can innovate at speed and scale while using technology responsibly.About the Fortune Best Companies to Work ForGreat Place To Work selected the 100 Best list by gathering and analyzing more than 1.3 million confidential survey responses in 2025, representing the experiences of more than 7.3 million U.S. employees. Of those, nearly 640,000 responses were received from employees at eligible companies, and this list is based on that feedback. Organizations are assessed on their efforts to create generous, supportive, high-performance work experiences for every employee in the organization. Companies must be Great Place To Work Certified™ with 1,000 or more employees in the U.S. and cannot be a government agency. Read the full methodology.About Synchrony Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Media Contact
Angie Hu
Angie.Hu@syf.com 










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Original: Synchrony Named No. 1 Best Company to Work For in the U.S., Powered by a High-Trust Culture that Fuels Innovation

Synchrony Takes the Plunge for Charity, Marking 11 Years of Giving Back in ConnecticutMarch 25, 2026 10:50 AM
PR Newswire (US)

STAMFORD, Conn., March 25, 2026 /PRNewswire/ -- More than 150 Synchrony (NYSE: SYF) employees once again took the plunge for a powerful cause, braving cold waters at The Point at Norwalk Cove in celebration of the company's 11th annual "Doubles Dive." What began as a small group of Synchrony employees taking part in a polar plunge has grown into a global movement, uniting employees in support of Connecticut-based nonprofit SeriousFun Children's Network, which provides free, life-changing camp experiences for children living with serious illnesses and medical conditions from more than 50 countries.







Marking more than a decade of impact, this year's event reflects Synchrony's enduring commitment to giving back to the communities where its employees live and work. To amplify that impact, Synchrony will match donations 2:1 – turning every contribution into even greater support for children and families in need."Synchrony has been an incredible partner to SeriousFun Children's Network—year after year, the Doubles Dive brings employees together in a powerful show of community and compassion," said Blake Maher, CEO of SeriousFun Children's Network. "Their continued support helps ensure children living with serious illnesses experience a fortifying sense of belonging, independence, and resilience at camp."The spirit of the "Doubles Dive" extends far beyond Connecticut. This year, more than 1,000 Synchrony employees across the globe will participate by taking part in local plunges or supporting the cause virtually. Since its inception in 2016, the Doubles Dive has raised more than $1.4 million for nonprofit organizations, including SeriousFun Children's Network.About SynchronySynchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Media Contact:
Tyler Allen
Synchrony
Tyler.Allen@syf.com










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Original: Synchrony Takes the Plunge for Charity, Marking 11 Years of Giving Back in Connecticut

Synchrony to Participate in the 2026 RBC Capital Markets Global Financial Institutions ConferenceMarch 3, 2026 8:00 AM
PR Newswire (US)

STAMFORD, Conn., March 3, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2026 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 10, 2026 at 10:00 a.m. (Eastern Time).







A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com. About SynchronySynchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Contact:Investor Relations         
Kathryn Miller                 
(203) 585-6291              Media Relations
Ashley Tufts
(203) 216-6277



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Original: Synchrony to Participate in the 2026 RBC Capital Markets Global Financial Institutions Conference

GENERATIVE AI IS FAST BECOMING CONSUMERS' GO-TO SHOPPING ADVISORMarch 2, 2026 9:00 AM
PR Newswire (US)

Synchrony survey finds approximately a third of consumers used AI for finding products and dealsKey Highlights 56% of U.S. consumers surveyed report using generative AI during the holiday shopping seasonAmong those users, AI-powered product discovery and deal hunting were the top holiday shopping use cases, accounting for approximately a third of generative AI usage across all age demographics75% of U.S. consumers surveyed are taking more time to find the best price, signaling AI may play a larger role in shopping, payments, loyalty, and financing decisionsSTAMFORD, Conn., March 2, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced key findings from its In Sync with Consumers survey, a quarterly series that provides insights on how Americans shop, spend, and access credit in an evolving retail landscape. The survey* findings revealed a shift in consumer behavior showing that:







More than half (56%) of U.S. consumers surveyed using generative AI during the 2025 holiday shopping seasonAmong those users spanning all age demographics, approximately a third used generative AI to compare products (34%) and hunt for the best price (29%)Three-quarters (75%) of consumers across income levels are taking more time to find the best price when making a purchase decision suggesting generative AI may become an increasingly important tool for consumers to make the right purchasing decision"AI is becoming the newest shopping advisor, helping consumers make decisions with more confidence and less friction," said Carol Juel, executive vice president and Chief Technology and Operating Officer at Synchrony. "What we're seeing is growing adoption that goes well beyond curiosity. As this accelerates, the winning experiences will be the ones that feel human, trusted, and seamlessly connected to loyalty, financing, and rewards."The data also highlights generational differences in comfort and trust, underscoring rising expectations that AI-powered shopping experiences will continue to expand, especially for younger consumers. The survey shows that:45% of Gen Z report they are comfortable taking product recommendations from an AI tool44% of Gen Z are comfortable taking financing options from an AI tool41% of Gen Z expect to use an AI agent to complete shopping tasks on their behalf in the futureOn the other end of the spectrum, nearly a quarter of Boomers (25%) report they are comfortable taking product recommendations from an AI tool, but less than 20% are comfortable taking financing recommendations or having an AI agent shop on their behalf. This data illustrates the importance of developing AI-integrated systems to meet the momentum of the age of agentic commerce and adapt to every consumers shopping behavior.Frequently Asked QuestionsQ1: What is the significance of this announcement?A1: The survey highlights a shift in consumer shopping behavior, showing that generative AI is rapidly becoming a tool for product discovery and deal hunting.Q2: How does this compare to existing solutions or services? A2: Unlike traditional shopping tools, generative AI enables more personalized, conversational and confidence-building experiences that connect shopping decisions directly to payments, loyalty and financing.Q3: Where can I learn more? A3: Learn more about Synchrony and its use of generative AI here.About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.*Methodology: Survey captures ongoing monthly sentiment from a broad, nationally representative sample of 1,000 U.S. consumers aged 18 and older, balanced to reflect U.S. Census demographics. These results were collected between October 1, 2025 and December 5, 2025.Media Contact
Ashley Tufts 
(203) 216-6277 
ashley.tufts2@syf.com 










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Original: GENERATIVE AI IS FAST BECOMING CONSUMERS' GO-TO SHOPPING ADVISOR

/C O R R E C T I O N -- Synchrony/February 17, 2026 2:55 PM
PR Newswire (US)

In the news release, Drivers Underestimate the Annual Cost of Car Ownership by More Than $4,500, New Synchrony Survey Finds, issued 17-Feb-2026 by Synchrony over PR Newswire, we are advised by the company that both gas and insurance are the biggest contributors to annual car spend, according to the survey. The text and infographic have been updated to include the average annual cost for gas, $1,956. The complete, updated release follows:
Drivers Underestimate the Annual Cost of Car Ownership by More Than $4,500, New Synchrony Survey Finds
Understanding Actual Costs Helps Car Owners Better Plan for Expenses and Manage BudgetsKey Highlights:Car owners dramatically underestimate the cost of car ownership and should prepare for the full scope of vehicle expenses.Rising costs are shifting consumer behavior, with people keeping cars longer and multicar households declining.Greater understanding of costs and flexible financing options that let drivers pay over time will help drivers better manage vehicle expenses.STAMFORD, Conn., Feb. 17, 2026 /PRNewswire/ -- Synchrony's (NYSE: SYF) new Cost of Car Ownership survey reveals drivers are paying nearly 167% more per year than expected to keep their current vehicles on the road.[1] This $4,565 discrepancy between estimated and actual costs could place an additional burden on household budgets and weigh on consumer spending in other categories.








According to Kelley Blue Book, the average sale price of a new car hit a record $50,080 in 2025. With rising tariffs and broader economic uncertainty adding further pressure, many consumers are rethinking their buying decisions. In a 2024 study, nearly 60% of Americans said they were choosing to keep their vehicles longer to avoid the financial burden of a new purchase.Synchrony's Cost of Car Ownership survey found that even those forgoing a new car purchase are still spending more on maintenance and other auto-related expenses than they expect. Excluding loan and lease payments, car owners estimate spending $2,738 annually on their vehicle. However, the survey shows the actual yearly total is $7,303. These figures are even higher for younger drivers, with Millennials and Gen Z spending $10,101 and $9,984 per year, respectively."The disparity between perceived and actual spending can create real financial strain for drivers who may not be budgeting for the true cost of car ownership," said Curtis Howse, EVP & CEO, Home and Auto, Synchrony. "That's why becoming informed about the full scope of car ownership costs and planning ahead for how to pay for them is essential. Access to flexible financing can help ease that affordability burden, allowing drivers to handle routine maintenance and address unexpected repairs without making difficult financial trade-offs."Other key insights from Synchrony's Cost of Car Ownership survey include:Gas and Insurance are the Biggest Contributors to Annual Car Spend: When examining what factors are driving these rising costs, the most significant expenses were gas and insurance, which cost drivers an average of $1,956 and $1,730, respectively, each year. Other top expenses include maintenance ($622) and service/repairs ($659), tires ($377), and auto parts and accessories ($240).Multicar Households on the Decline: Increasing vehicle prices and maintenance costs may also be contributing to the decline in multicar homes. According to the research, 65% of respondents report they are responsible for managing only one vehicle in their household, while just 25% manage two cars. These numbers fall below the 2023 U.S. Census, which showed 37% of households had two vehicles and 22% of households owned three cars or more.Gen Z and Millennials are the Leading Spenders: Gen Z and Millennials spend the most across all major categories, including car maintenance, where they spend $976 and $768 each year, respectively, compared to the $622 average. The same holds for service and repairs, including transmission replacement and engine work, where Gen Z and Millennials are spending $983 and $931 each, well above the $659 average. Despite these high costs, Gen Z and Millennials continue to get behind the wheel, outspending all others on gas, tolls, parking, and car washes each month.Gas/Fuel: Millennials ($207) and Gen Z ($193) spend more per month than the $163 average.Tolls: Gen Z and Millennials spend more ($29 and $34) than the $19 average.Parking: Gen Z and Millennials spend more per month on parking ($32 and $34) than the average consumer ($20).Car Washes: Gen Z and Millennials spend more on car washes monthly ($36 and $46) than the average consumer ($30).Synchrony's Cost of Car Ownership survey was a quantitative online survey of 1,030 consumers aged 18+ from around the United States, fielded in partnership with the Ask Suzy platform, which gathers real-time feedback from the general population. All survey respondents were self-reported to be financially responsible for the general costs and upkeep of at least one passenger vehicle that they owned or leased.To help manage the costs of car ownership, the Synchrony Car Care Credit Card offers drivers a flexible financing solution designed specifically for auto maintenance, tires, repairs, insurance and related expenses. With special financing options and no annual fee2, the card provides consumers the ability to spread out payments over time, helping to make it easier to handle routine upkeep and unexpected repairs without disrupting their monthly budgets. The Synchrony Car Care Credit Card covers things drivers need to stay on the road, including tires, tolls, parking, gas, EV charging, car registration, insurance and more and is also accepted at more than one million auto merchant locations nationwide3.FAQHow much do drivers underestimate annual car costs?
Synchrony's survey found a $4,465 gap between what drivers expect to spend and what they actually spend each year. Owners estimate $2,738, but real annual costs average $7,303 (excluding loan/lease payments). Younger drivers pay even more, around $10,000 per year.What expenses make up the true cost of owning a car?
Gas and insurance are the largest annual expenses at $1,956 and $1,730 respectively, each year. Other key costs include maintenance ($622), service/repairs ($659), tires ($377), and parts/accessories ($240), plus ongoing items like tolls, parking, and car washes. These figures exclude loan or lease payments.What financing options can help make ownership more affordable?
The Synchrony Car Care Credit Card offers six months promotional financing on eligible purchases of $199 or more4, letting cardholders spread payments over time.About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Contact:Lauren Devilbiss
Synchrony
Lauren.Devilbiss@syf.com



1 Ask SUZY – Synchrony's Cost of Car Ownership Pulse, July '25
2 New Accounts as of 7/31/25: Purchase APR 34.99%. Penalty APR 39.99%. Min Interest Charge $2. Existing cardholders: See your credit card agreement terms.
3 Subject to credit approval. Valid everywhere Synchrony Car Care is accepted in the U.S., including Puerto Rico. Visit synchrony.com/carcare for merchant locations.
4 Subject to credit approval. Minimum monthly payments required. See synchrony.com/carcare for Promotional Financing details and merchant locations. Gas station purchases are not eligible for Promotional Financing. 










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Original: /C O R R E C T I O N -- Synchrony/

Synchrony to Participate in the 2026 UBS Financial Services ConferenceFebruary 3, 2026 8:00 AM
PR Newswire (US)

STAMFORD, Conn., Feb. 3, 2026 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2026 UBS Financial Services Conference on Tuesday, February 10, 2026 at 1:50 p.m. (Eastern Time).







A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com. About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Contact:Investor Relations         
Kathryn Miller               
(203) 585-6291              Media Relations
Ashley Tufts
(203) 216-6277



View original content to download multimedia:https://www.prnewswire.com/news-releases/synchrony-to-participate-in-the-2026-ubs-financial-services-conference-302675306.htmlSOURCE Synchrony

Original: Synchrony to Participate in the 2026 UBS Financial Services Conference

Synchrony Reports Fourth Quarter 2025 Results; Company also Announces Quarterly Common Stock Dividend of $0.30 Per ShareJanuary 27, 2026 11:00 AM
PR Newswire (US)

Company also declares preferred stock dividendsSTAMFORD, Conn., Jan. 27, 2026 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its fourth quarter 2025 results for the fiscal year ending December 31, 2025. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results. 







Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website. The company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.30 per share of common stock, payable on February 17, 2026, to holders of record at the close of business on February 6, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share) and approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) are payable on February 17, 2026 to holders of record at the close of business on February 6, 2026.About Synchrony 
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #2 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.Contacts 
Investor Relations: 
Kathryn Miller 
(203) 585-6291 
Kathryn.miller @levong00 
ashley.tufts2@syf.com 



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Original: Synchrony Reports Fourth Quarter 2025 Results; Company also Announces Quarterly Common Stock Dividend of $0.30 Per Share

Lots of puts out there, including my own.

Good time to pick up some “cheaper” shares

I’m not surprised to see this dropping... I’d look for it to come up a good bit in the 3rd quarter, revenues should show a good chunk more

Did i Say SYF deliquencies were going to sky rocket..

Amazon’s partner on this financial product is the dominant private-label card issuer, Synchrony Bank. Its most recent earnings report showed more evidence of a rise in retail-card delinquencies. The company’s second quarter charge-off rate — the percentage of loans a firm gives up on collecting — rose to 6.01% compared to 5.97% last year; excluding the PayPal PYPL, -1.14% credit program and the Walmart WMT, -0.79% portfolio.

https://www.marketwatch.com/story/retail-credit-cards-are-squeezing-the-financially-vulnerable-as-their-delinquency-rate-rises-how-to-avoid-this-mistake-2019-09-05

OWN PUTS

Added Puts today SYF

Puts Looking good. Lots of Downside here with SYF Especially when charge offs in Q2 and Delinquencies break 5%

Still looking for that $24-$26 gap to close as well.

Gotta day very strong stock for now. Will keep collecting as I tread water here but sticking with my gut 2020’s and 2021’s going to pay off big Q3 or Q4 here.

SYF taking on way to much risk and Delinquencies come Q2 will surpass 5% or I’ll take my small losses and concede.

Added more puts

SYF

Filings for U.S. unemployment rose the most since late 2017, Jobless claims rose 37,000 to 230,000 in the week ended April 20, Thursday that matched the highest estimate in Bloomberg’s survey. The four-week average, a less-volatile measure, increased to 206,000. $SYF long puts

Remember these are 2021’s I am buying. There is a long time in between now and then and the signs are slowing creeping in to a slow down and credit card defaults Q2, and Q3 will be telling if they breach 5%

Stock Market hits all new High
Credit Card Debt hits all new high
Auto Delinquencies hit all new high
Student Debt all time highs

Isn’t this where Euphoria kicks in before the eventually debt burden buries many?

SYF keeps on lending

There are around 15 million more consumers with credit scores above 740 today than there were in 2006, and about 15 million fewer consumers with scores below 660, according to Moody’s.

SYF Consumer Credit Score is 716 with 80 Million accounts how many are credit worthy when things get tough? Time shall tell but Q2 Delinquencies could breach 5%

1Q Delinquencies up to 4.92% from 4.52% a Half pt per Quarter on a humming economy. Now look at the trend. 2009 Delinquency was 11.26% 2016 4.32% Yoy 2017 4.62% yoy 2018 4.76% yoy. Now your seeing 1st 2019 almost at 5% Delinquency. Be careful Longs.

This is setting up to be a Big Problem end of 2019 into 2020

SYF

A beat tomorrow morning won’t change my outlook at all.

Adding Puts. Will throw some DD out later. Long very long term hold here for me 2021’s. Just don’t see how this can be sustainable.

Short term gains maybe but this company cannot sustain a major slow down.

SYF

Buying SYF Long Term Puts here. This bank does not look strong nor healthy to me and will falter with any bad news.

Good Luck!

$9b contract with PayPal..

$SYF 13F Filing From Berkshire Hathaway Shows a ~3.34M Increased Stake in Synchrony Financial to 20.8M

Analyst Price Target Update on Synchrony Financial
Matt Young July 16, 2015
Click For Link



Synchrony Financial (NYSE:SYF): The mean short term price target for Synchrony Financial (NYSE:SYF) has been established at $34.15 per share. The higher price target estimate is at $38 and the lower price target estimate is expected at $29 according to 10 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.75

Analysts at Zacks have given a short term rating of hold on Synchrony Financial (NYSE:SYF) with a rank of 3. The company has received an average rating of 1.7 from 10 brokerage firms. 6 analysts have rated the company as a strong buy. The company has been rated as hold from 3 Wall Street Analysts. 1 analysts have suggested buy for the shares.

Company has received recommendation from many analysts. In the statement by the brokerage house, Barclays upgrades its outlook on Synchrony Financial (NYSE:SYF). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Equal-weight. The brokerage firm raises the price target from $30 per share to $38 per share. The rating by the firm was issued on July 9, 2015.

Synchrony Financial (NYSE:SYF) witnessed a decline in the market cap on Thursday as its shares dropped 0.03% or 0.01 points. After the session commenced at $34.26, the stock reached the higher end at $34.46 while it hit a low of $34.07. With the volume soaring to 636,575 shares, the last trade was called at $34.13. The company has a 52-week high of $34.365. The company has a market cap of $28,456 million and there are 833,765,000 shares in outstanding. The 52-week low of the share price is $22.6.




Blessings to All

TRUTH

GE Spin-Off Synchrony Financial Builds Tech To Support Growth Plans
By KIM S. NASH 5:17 pm ET May 14, 2015
Click For wsj.com Link



Creating a technology group from scratch isn’t as straightforward as you might think. Carol Juel, CIO of Synchrony Financial, has hired hundreds of IT staff to build technology infrastructure to prepare the $12.2 billion credit-card issuer to separate for good from parent General Electric Co.GE -0.51%

GE spun out Synchrony last July, as part of a plan to divest its financial services businesses and focus on industrial manufacturing. Synchrony is expected to separate fully from GE this year, after the Federal Reserve assesses whether the company can stand alone, without GE’s operational support.

To get there, Ms. Juel has had to hire 250 to 300 IT staff, to supplement the 295 who came from GE. The team is building networking, security and analytics infrastructure to accommodate growth expected in part from mobile and online initiatives. GE has provided temporary IT services for the last 10 months, under a contract due to expire in July 2016. Synchrony would like to end the contract sooner, by February 2016, and is working to get all systems in place by then. “This is a large logistics exercise,” said Ms. Juel, a 10-year GE veteran and CIO of the GE unit that became Synchrony since 2011.

Synchrony’s IT group has bought or built new treasury, tax, human resources and other systems once shared at GE, for example, as well as outfitted two data centers in a co-location arrangement with a vendor in the Western U.S. This work goes on as Synchrony continues to provide credit-card processing to customers such as Wal-Mart Stores Inc.WMT +0.66%, J.C. Penney Co.JCP +6.47% and Gap Inc., and gradually transfer them to Synchrony’s own systems.

“There are a lot of nights and weekends,” Ms. Juel said. Transfers are usually done during times of low sales volume — Saturday night, into Sunday mornings or after 1:00 a.m. on Tuesdays, she said. Four of Synchrony’s 19 biggest retail customers have been converted since February.

Simplicity is one of the biggest opportunities in starting a brand new IT operation, said Bobby Cameron, an analyst with Forrester Research Inc.FORR -0.15% Legacy systems built up over time can be “a boat anchor,” Mr. Cameron said, requiring special staff to support them and inhibiting the integration of emerging technology.

Establishing a close relationship between IT and non-IT counterparts may be easier at a startup, Mr. Cameron said. “Because of a clean slate, they have options established companies don’t have,” he said.

Part of the pitch Ms. Juel makes to job candidates is playing up the unusual situation at Synchrony: a startup creating its own business processes, but already with more than $12 billion in revenues. “We’re birthing what will be a Fortune 500 company,” she said.

Ms. Juel has brought in more modern technology than the company used as a business unit of GE. The cloud figures prominently, she said. For example, Synchrony uses HR systems from Workday Inc.WDAY -0.85% Synchrony is a simpler company than GE, focused on one business, she said. “Starting fresh, we wanted to do minimum customization because our employee base is not that complex.”



Blessings to All

TRUTH

Synchrony Financial Receives Average Rating Of “Buy” From Brokerages (NYSE:SYF)
by Doug Madison/April 17th, 2015
Click For Link





Shares of Synchrony Financial (NYSE:SYF) have received a consensus recommendation of “Buy” from the sixteen analysts that are covering the stock, AmericanBankingNews.com reports. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $31.92.

Shares of Synchrony Financial (NYSE:SYF) traded down 0.94% on Friday, hitting $30.48. The stock had a trading volume of 341,672 shares. Synchrony Financial has a one year low of $22.60 and a one year high of $33.96. The stock has a 50-day moving average of $31. and a 200-day moving average of $29.. The company has a market cap of $25.41 billion and a price-to-earnings ratio of 10.96.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Friday, April 17th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.80 billion. Analysts expect that Synchrony Financial will post $2.57 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at BTIG Research reiterated a “neutral” rating on shares of Synchrony Financial in a research note on Friday, April 10th. Analysts at Bank of America downgraded shares of Synchrony Financial from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock in a research note on Wednesday, March 25th. Analysts at Deutsche Bank reiterated a “hold” rating and set a $32.00 price target (up previously from $27.00) on shares of Synchrony Financial in a research note on Wednesday, March 11th.

Finally, analysts at BMO Capital Markets initiated coverage on shares of Synchrony Financial in a research note on Wednesday, February 11th. They set an “outperform” rating on the stock.

Synchrony Financial (NYSE:SYF) is a consumer financial services companies in the United States. The Company provides a range of credit products through programs it has established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.







TRUTH

Synchrony Financial And Pep Boys Extend Consumer Financing Program
Published: Apr 15, 2015 8:45 a.m. ET
Click For marketwatch.com PR






Pep Boys CarCareONESM Card Available Through more than 800 Locations Nationwide

STAMFORD, Conn. & PHILADELPHIA, Apr 15, 2015 (BUSINESS WIRE) -- Synchrony Financial (NYSE:SYF), a premier consumer financial services company with 80 years of retail heritage, today announced a multi-year extension of its agreement with The Pep Boys – Manny, Moe & Jack (NYSE:PBY) to provide a private label credit program for customers of one of the nation’s leading automotive aftermarket chains.

Synchrony Financial has provided credit products for customers of Pep Boys with convenient payment options and benefits for their full-service vehicle maintenance and repair purchases since 1998.

The Pep Boys CarCareONESM credit card is a convenient way to pay for unexpected auto repairs and routine maintenance. Cardholders can qualify* for special financing offers, and also pay for repairs while traveling, since the card is valid at all Pep Boy stores, as well as 18,000 participating CarCareONESM locations throughout the United States. The card also provides a convenient way to pay for gas at all U.S. Exxon and Mobil gas stations.

“The availability of financing is important to consumers in the automotive sector,” said Glenn Marino, executive vice president and CEO of Payment Solutions, Synchrony Financial. “With a Pep Boys CarCareONESM credit card, consumers are able to get the service they need now, whether it’s an unexpected repair or routine maintenance. The card also delivers added value by providing a convenient way to pay for gas and for use at thousands of CareCareONESM dealers nationwide.”

Synchrony Financial’s third-party research confirms the importance of the availability of finance to consumers in the auto parts and service sector. Our third annual Major Purchase Consumer Study* showed that 76 percent of automotive shoppers always seek promotional financing, and 77 percent of all Synchrony Financial cardholders surveyed said that the availability of financing is “very important” when choosing a retailer.

“We’re pleased to continue our relationship with Synchrony Financial to provide our customers with convenient options for repairing and maintaining their vehicles,” said Bernie McElroy, Vice President of Finance and Treasurer for Pep Boys. “Their insights and expertise on the customer shopping experience, combined with our product selection and know-how, are helping to keep cars on the road longer.”

About Pep Boys

Since 1921, Pep Boys (NYSE:PBY) has been the nation’s leading automotive aftermarket chain. With over 7,500 service bays in over 800 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1-800-PEP-BOYS (1-800-737-2697) or by visiting www.pepboys.com.

About Synchrony Financial

Synchrony Financial (NYSE:SYF), formerly GE Capital Retail Finance, is one of the premier consumer financial services companies in the United States. Our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the United States based on purchase volume and receivables. We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers.

Through our partners’ more than 300,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchase of goods and services. Our offerings include private label and co-branded Dual Card credit cards, promotional financing and installment lending, loyalty programs and Optimizer+plus branded FDIC-insured savings products through Synchrony Bank. More information can be found at www.synchronyfinancial.com and twitter.com/SYFNews.

*subject to terms and conditions







TRUTH

With the completion of the Synchrony spinoff planned for late this year, I anticipate a late bloomer.




TRUTH

Nice article but what do you predict this means for the stock price of $syf?

GE To Sell Bulk Of Finance Unit, Return Up To $90 Billion To investors
BY NICK CAREY AND LEWIS KRAUSKOPF/Fri Apr 10, 2015 7:10pm EDT
Click For reuters.com Link



Reuters) - General Electric Co will shed most of its finance unit and return as much as $90 billion to shareholders as it becomes a “simpler” industrial business instead of an unwieldy hybrid of banking and manufacturing.

The company on Friday outlined a restructuring plan that includes buying back up to $50 billion of its shares, selling about $30 billion in real estate assets over the next two years and divesting more GE Capital operations. GE stock jumped 8.5 percent.

"The stock has been under-owned by institutional investors, and that's going to change now," said Tom Donino, co-head of equity trading at First New York Securities.

The repurchase program, which will be partly funded by $35 billion through money returned from GE Capital, is the second-biggest in history after Apple Inc's $90 billion plan. GE, which had 10.06 billion shares outstanding on Jan. 31, said it expected to reduce that by as much as 20 percent to 8 billion to 8.5 billion by 2018.


In all, GE said it planned to shed $275 billion in GE Capital assets. That includes the previously announced spinoff of its Synchrony Financial credit card unit, the real estate transaction announced on Friday, and future sales of commercial lending and consumer banking businesses with assets of about $165 billion.

The company plans to keep $90 billion in finance assets directly related to selling its products such as jet engines, medical equipment and power generation and electrical grid gear.

GE has forecast earnings of $1.70 to $1.80 per share for this year, including 60 cents from GE Capital, but expects profit to be “substantially higher” in 2018, executives said on a conference call with analysts. Shrinking GE Capital will reduce earnings by 25 cents per share, they said, but the stock buybacks should offset that impact.

The company already had a significant number of inquiries about GE Capital units before Friday’s announcement, said Keith Sherin, the finance unit's chief.

Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.

This is the biggest deal in the commercial property market since Blackstone's acquisition of office landlord Equity Office Properties Trust in 2007 for $39 billion, including debt.

FOCUS ON INDUSTRIAL

The moves announced on Friday will dramatically reduce GE’s exposure to lending and other financial businesses.

GE Chief Executive Officer Jeff Immelt told investors the company would try to generate 90 percent of its profits from industrial operations by 2018. He had previously forecast that share would grow to 75 percent by 2016 from 55 percent in 2013.

“We just think the market timing is very good vis-a-vis the value of financial service assets,” Immelt said in an interview. “There have been moments in the past when there weren’t a lot of buyers. Now there are.”

Immelt and other GE executives said they planned to spend $3 billion to $5 billion a year on industrial acquisitions.

GE said it could return up to $90 billion to investors through a combination of dividends, the $50 billion in share buybacks, and completion of the Synchrony spinoff planned for late this year.

Executives gave several reasons for GE's accelerated retreat from financial businesses. One is that since the financial crisis, it has become more difficult for GE to fund its lending operations.

GE funded many of its loans and leases by borrowing money from bond markets. During the financial crisis it lost access to that funding, bringing it uncomfortably close to running out of cash.

Lenders like GE Capital and CIT Group Inc, which cannot rely on bank deposits to fund their assets, have had to rethink the way they do business since the crisis. Many decided to either shed assets or become banks.

GE Capital’s size and the potential risks in its lending portfolio made it subject to government regulation as a systemically important financial institution. GE said it would apply to escape that oversight in 2016 as it reduces the financial business' size.

GE said it would take after-tax charges of about $16 billion for the restructuring in the first quarter, of which about $12 billion would be non-cash.

Shares of GE were sluggish for the past year despite previous moves to reposition itself around the industrial businesses. Still, Friday’s more dramatic move away from finance caught some analysts by surprise.

"What we did not expect was the speed with which management would move to undertake this transformation," Sanford Bernstein analyst Steven Winoker wrote. "We view today's announcement as an overwhelming positive for the company."

During the conference call, Barclays analyst Scott Davis told executives that while he had been a critic, “this is good stuff ... I guess you can keep your jobs a little longer."

JPMorgan Chase & Co and Centerview Partners provided general financial advice to GE, while Bank of America Corp and Kimberlite Advisors advised on the real estate deal. Eastdil Secured and Wells Fargo Securities were advisers to Blackstone and Wells Fargo.

(Additional reporting by Sagarika Jaisinghani in Bengaluru; Editing by Lisa Von Ahn)






TRUTH

Solid long here. I see $100 down the road

Synchrony Financial (SYF) is Trading Higher on Unusual Volume for April 10
By Equities Staff/ April 10, 2015 5:32PM
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ynchrony Financial ($SYF) experienced unusually high volume on Apr. 10, as the stock gained 1.49% to a closing price of $30.59. The stock saw 1.29 million shares trade hands over the course of the day on 5,512 trades. Given that the stock’s average daily volume over the last month has been 805,267 shares a day, this represents a pretty substantial spike over the norm.

Synchrony Financial has a P/B ratio of 2.43. It also has a P/E ratio of 10.8. The stock has traded between $33.96 and $22.60 over the last 52-weeks, its 50-day SMA is now $31.62, and its 200-day SMA $28.22.

Synchrony Financial provides credit products through programs established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.

Headquartered in Stamford, CT, Synchrony Financial has 11,000 employees and is currently under the leadership of CEO Thomas M. Quindlen / Glenn P. Marino / David Fasoli.






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Now let's get back to that price.





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News hit?

Better late than never




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Was awaiting the positive movement.




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Looking good in here

Synchrony Financial Reaches New 12-Month High at $32.00 (SYF)
February 5th, 2015
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Shares of Synchrony Financial (NYSE:SYF) hit a new 52-week high during trading on Thursday , Stock Ratings News reports. The company traded as high as $32.00 and last traded at $31.92, with a volume of 367,543 shares traded. The stock had previously closed at $31.25.

A number of research firms have recently commented on SYF. Analysts at Susquehanna initiated coverage on shares of Synchrony Financial in a research note on Wednesday, January 28th. They set a “positive” rating and a $31.32 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Synchrony Financial from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Analysts at JPMorgan Chase & Co. raised their price target on shares of Synchrony Financial from $30.00 to $33.50 and gave the company an “overweight” rating in a research note on Monday, January 26th. Finally, analysts at Barclays raised their price target on shares of Synchrony Financial from $27.00 to $30.00 and gave the company an “equal weight” rating in a research note on Monday, January 26th. Five investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $31.25.

The stock has a 50-day moving average of $29.98 and a 200-day moving average of $27.02. The company has a market cap of $26.682 billion and a price-to-earnings ratio of 11.24.

Synchrony Financial (NYSE:SYF) last posted its quarterly earnings results on Friday, January 23rd. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.60 by $0.04. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.81 billion. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Analysts expect that Synchrony Financial will post $2.57 EPS for the current fiscal year.

Synchrony Financial (NYSE:SYF) is a consumer financial services companies in the United States. The Company provides a range of credit products through programs it has established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.





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Evercore ISI Issues Buy Rating to Synchrony Financial
Joe Willams January 8, 2015
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Evercore ISI initiates coverage on Synchrony Financial (NYSE:SYF). Investors must note that the brokerage house has a Buy rating on the shares of the company. The Brokerage Firm announces its price target at $35 per share on the company.

In a different news, Equity Analysts at the BTIG Research downgrades the rating on Synchrony Financial (NYSE:SYF). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy.

Finally, Synchrony Financial (NYSE:SYF) climbed 0.35 points to end the trading session 1.21% higher. As the market opened, the first trade was executed at $29.52. Even as the stock skid to $28.91, the bullish mood lifted the stock price which closed at $29.2. $29.68 was the highest the mood could push the price to. The volume reading came in at 1,365,129 shares. The previous close of the counter was $28.85. The market cap of the company was $30.64 and the market cap of the stock is $24,346 million. The 52-week low of the shares is $22.6. There are 833,765,000 outstanding shares.




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Synchrony Financial’s Stock Could Soar After GE’s Exit, Analyst Says
Nov 25, 2014 6:35 pm ET By MAUREEN FARRELL

Click For wsj.com Link



Goh Seng Chong



Synchrony Financial investors shouldn’t fear the company’s freedom from General Electric Co.

Synchrony, the private-label credit-card issuer that went public in July, is poised to see its stock move significantly higher after rising 25% since the company went public at $23 per share in July. Investors shouldn’t worry about any adverse effects when GE, which still owns roughly 82% of the company, sells the remainder of its stake, Bernstein Research analyst Kevin St. Pierre wrote in a report.

“While the stock could face pressure in the period before and after the exchange, we believe the long-term effect will be negligible on [Synchrony's] valuation,” Mr. St. Pierre wrote. GE has said it expects to exit its entire position in 2015.

After a split from GE, Synchrony could consider returning capital to shareholders. The company, Mr. St. Pierre wrote, needs to formally separate from GE before doing that. Synchrony is well-capitalized and should be able to get clearance from regulators for a capital return program, he said.

In a statement, Synchrony Financial wrote: “We are not seeking to return capital prior to separation. Post separation, we would look to return capital, subject to regulatory and other considerations.”

Bernstein has a $35 price target on Synchrony Financial–21% above where the company’s stock currently trades.

Mr. St. Pierre said larger trends should benefit Synchrony, notably the overall growth in private-label cards. “We expect more significant purchases will be placed on the card than at any point over the last three decades,” he wrote in the report.

General Electric raised $2.88 billion when Synchrony went public. Since then, GE’s stock is up more than 6%.




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Synchrony Financial has jobs open for their call center. The positions include inbound fraud support, bilingual customer service representatives and client services representative. They include full time, part time and work-at-home positions.

http://www.abc15.com/news/local-news/hiring/10-valley-companies-hiring-workers-now-11-9-2014

Synchrony Financial has signed a multi-year agreement...


http://www.marketwatch.com/story/synchrony-financial-and-international-diamond-center-launch-consumer-financing-program-2014-10-08