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Synchrony Financial

Country
United States
Sector
Financial Services
Industry
Credit Services
Employees
20,000
Ticker
SYF
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Synchrony Financial is a consumer financial services company primarily focused on providing private-label credit cards. It serves as a key partner to a variety of retailers, manufacturers, and healthc...

Synchrony Financial's Financial Statements Preview

Below are the financial statements of Synchrony Financial, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets——
Cash and equivalents
14,711a
14,259a
Debt securities
3,079a
3,799a
Loan receivables——
Unsecuritized loans held for investment
83,382a
81,554a
Restricted loans of consolidated securitization entities
21,339a
21,434a
Total loan receivables
104,721a
102,988a
Allowance for credit losses
-10,929a
-10,571a
Loan receivables, net
93,792a
92,417a
Goodwill
1,274a
1,018a
Intangible assets, net
854a
815a
Other assets
5,753a
4,915a
Assets held for sale
0a
256a
Total assets
119,463a
117,479a
Liabilities and equity——
Deposits——
Interest-bearing deposit accounts
81,664a
80,789a
Non-interest-bearing deposit accounts
398a
364a
Total deposits
82,062a
81,153a
Borrowings——
Borrowings of consolidated securitization entities
7,842a
7,267a
Senior and subordinated unsecured notes
7,620a
8,715a
Total borrowings
15,462a
15,982a
Accrued expenses and other liabilities
5,359a
6,334a
Liabilities held for sale
0a
107a
Total liabilities
102,883a
103,576a
Equity——
Preferred stock
1,222a
734a
Common stock
1a
1a
Additional paid-in capital
9,853a
9,775a
Retained earnings
21,635a
18,662a
Accumulated other comprehensive income (loss)——
Debt securities
-23a
-33a
Currency translation adjustments
-44a
-38a
Employee benefit plans
8a
3a
Treasury stock, at cost
-16,072a
-15,201a
Total equity
16,580a
13,903a
Total liabilities and equity
119,463a
117,479a
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Verified Sources Behind Synchrony Financial’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Synchrony Financial’s data sources below and access millions more through our Disclosure Search.

a. Synchrony Financial's Annual Report 2024
a. Synchrony Financial's Annual Report 2024
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