tiprankstipranks
Synchrony Financial Reports Rising Delinquency and Charge-Off Rates
Company Announcements

Synchrony Financial Reports Rising Delinquency and Charge-Off Rates

Stay Ahead of the Market:

Synchrony Financial ( (SYF) ) has issued an update.

The company reports a year-over-year increase in the 30+ delinquency rate and net charge-off rate as of November 30, 2024, due to moderating customer payment rates. With monthly updates on these statistics, investors can better understand trends affecting loan receivables, crucial for assessing financial health and making informed investment decisions.

See more insights into SYF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles