Synchrony Financial (SYF) has been experiencing high volumes of options trading, while also attracting considerable interest from stock traders and brokers. The financial institution recently released its Q1 2024 earnings call transcript, which might explain a 1.2% decrease in its value since the last report. Notably, SYF is set to announce its financial results for the first quarter of 2024 on the 24th of April. Large entities like Truist Financial Corp and Natixis Advisors L.P. are acquiring shares of SYF while others like Amalgamated Bank and Savant Capital LLC are selling. With the company's stock hitting a 12-month high at $45.87, it's no wonder the institution managed to pass proprietary checks and is set to pay a dividend. Furthermore, SYF is finalizing PayPal’s new credit card, boosting its reputation in providing robust financial services. Despite a decrease in net earnings of $628 million and a rise in net charge-offs, SYF remains a strong contender in the financial sector. As the company continues its strategic investments and partnerships, it will be interesting to see how its future earnings are affected.
Synchrony Financial SYF News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Fri, 10 May 2024 10:02:28 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor 0
