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Based in Stamford, Connecticut, Synchrony Financial (SYF) is a consumer financial services company. With a market cap of $18.4 billion, the company offers a wide range of credit cards, short and long-term installment loans, and consumer banking products, including various deposit products.
Shares of this consumer credit company have significantly outperformed the broader market over the past 52 weeks. SYF has gained 31.6% over this time frame, while the broader S&P 500 Index ($SPX) has increased 21.7%. In 2024, shares of SYF are up 19.8%, compared to SPX’s 13.9% gain on a YTD basis.