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Synchrony Financial ( (SYF) ) has issued an announcement.
Synchrony Financial has released its monthly charge-off and delinquency statistics for the thirteen months ending December 31, 2024. The data shows that the 30+ delinquency rate remained flat year-over-year, attributed to credit actions, while the net charge-off rate increased due to moderation in customer payment rates and additional charge-off cycles. This release is part of a regular monthly update, with statistics for the last month of each calendar quarter coinciding with financial results announcements.
More about Synchrony Financial
YTD Price Performance: 7.07%
Average Trading Volume: 3,537,300
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.5B
For a thorough assessment of SYF stock, go to TipRanks’ Stock Analysis page.
