Synchrony Financial (SYF) began trading on the NYSE on 31 July 2014

President and CEO Margaret Keane of Synchrony Financial rings the Opening Bell at The New York Stock Exchange on July 31, 2014

Description

Synchrony Financial (Synchrony) is a consumer financial services companies in the United States. The Company provides a range of credit products through programs it has established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company offers its credit products primarily through its wholly owned subsidiary, Synchrony Bank (previously known as GE Capital Retail Bank) (the Bank). Through the Bank, it offers, directly to retail and commercial customers, a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts, under its Optimizer brand. It also takes deposits at the Bank through third-party securities brokerage firms that offer its FDIC-insured deposit products to their customers.

Address

777 Long Ridge Rd
STAMFORD, CT 06902-1250
United States 

Key stats and ratios

	Q1 (Mar '14)	2013
Net profit margin	19.52%	17.88%
Operating margin	31.14%	28.38%
EBITD margin	-	32.64%
Return on average assets	3.78%	3.52%
Return on average equity	37.30%	37.55%
Employees	10,034