(SYF) Synchrony Financial - Ratings and Ratios

Synchrony Financial, a leading consumer financial services company in the United States, operates a diverse range of financial products and services through its subsidiaries. The company's credit offerings include credit cards, commercial credit products, and consumer installment loans, catering to a broad spectrum of customers. Additionally, it provides private label credit cards, dual co-brand and general purpose credit cards, as well as short- and long-term installment loans, allowing customers to choose the most suitable option for their needs. Its consumer banking products and deposit offerings, such as certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, provide customers with a range of options to manage their finances effectively.

The company's product portfolio also includes debt cancellation products, which are offered to credit card customers through various channels, including online, mobile, and direct mail. Furthermore, Synchrony Financial provides specialized healthcare payments and financing solutions under the CareCredit and Walgreens brands, addressing the unique needs of the healthcare industry. Its payments and financing solutions extend to other industries, including apparel, specialty retail, outdoor, music, and luxury, with partnerships with prominent brands such as American Eagle, Dick's Sporting Goods, Guitar Center, Kawasaki, Pandora, Polaris, Suzuki, and Sweetwater. This diverse range of partnerships enables the company to offer tailored financial solutions to a wide range of customers.

Synchrony Financial's distribution channels are equally diverse, with credit products offered through programs established with national and regional retailers, local merchants, manufacturers, buying groups, industry associations, and healthcare service providers. Deposit products, on the other hand, are offered through various channels, including digital and print, allowing customers to access its services conveniently. The company serves a broad range of industries, including digital, health and wellness, retail, home, auto, telecommunications, jewelry, pets, and others, demonstrating its ability to adapt to the evolving needs of the market. Founded in 1932 and headquartered in Stamford, Connecticut, Synchrony Financial has established itself as a major player in the consumer finance sector, with a strong online presence at https://www.synchrony.com and a common stock listed under the ISIN US87165B1035, classified under the GICS Sub Industry: Consumer Finance.