Synchrony Financial
Company Profile
Business description
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Contact
777 Long Ridge Road
StamfordCT06902
USAT: +1 203 585-2400
E: InvestorRelations@syf.com
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
31 December 2024
Employees
20,000
Morningstar Investment Ideas
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