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Valued at a market cap of $25.4 billion, Stamford, Connecticut-based Synchrony Financial (SYF) operates in the consumer financial services industry. The company specializes in providing private-label and co-branded credit cards, installment loans, and banking products through partnerships with retailers, healthcare providers, and service providers across various industries in the U.S.
Shares of the consumer credit company have significantly outperformed the broader market over the past 52 weeks. SYF has jumped 120.2% over this time, while the broader S&P 500 Index ($SPX) has rallied 35.5%. In 2024, shares of SYF are up 70.5%, compared to SPX’s 25.5% gain on a YTD basis.