Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest update is out from Synchrony Financial ( (SYF) ).
The company has released its monthly charge-off and delinquency statistics for thirteen months ending September 30, 2024, showing a year-over-year increase in both the 30+ delinquency rate and net charge-off rate, attributed to moderated customer payment rates and additional charge-off cycles. These statistics are crucial for those monitoring financial trends and assessing credit risk in the market.
Learn more about SYF stock on TipRanks’ Stock Analysis page.
