Synchrony Financial Balance Sheet Health
Financial Health criteria checks 5/6
Synchrony Financial has total assets of $121.2B and total equity of $15.3B. Total deposits are $83.6B, and total loans are $90.8B. It earns a Net Interest Margin of 15.2%. It has sufficient allowance for bad loans, which are currently at 2.4% of total loans. Cash and short-term investments are $20.0B.
Key information
7.9x
Asset to equity ratio
15.2%
Net interest margin
Total deposits | US$83.55b |
Loan to deposit ratio | Appropriate |
Bad loans | 2.4% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$20.02b |
Recent financial health updates
No updates
Recent updates
Synchrony Financial: Finally Getting Credit
Apr 26Synchrony Financial: Charge-Offs Create Downside Risk (Rating Downgrade)
Mar 05Synchrony Financial Offers 2 Good Income Options
Jan 24Synchrony Financial: 8.9% Yielding Preferred Shares Are Attractive
Nov 20Synchrony: A Buy As Credit Deterioration Slows
Oct 06Synchrony Financial Shares Have Recovered From The Banking Crisis But Are Still Cheap
Jul 19Synchrony Financial: 9.4% Yielding Bond Mispriced From Industry Crisis
May 29Synchrony credit card net charge-offs jump in January as delinquencies tick up
Feb 14Synchrony, furniture retailer Rooms To Go renew strategic financing partnership
Jan 25Synchrony Financial: Growth And Fundamental Stability Remains In Harmony
Jan 18Synchrony credit card metrics slip in November, edging down to prepandemic levels
Dec 15Synchrony Financial credit card net charge-offs increase in October
Nov 14Synchrony Financial declares $0.23 dividend
Oct 20Synchrony expands relationship with Sycle for integrated digital payment solutions
Oct 13Synchrony Financial: To Keep Watch Before Q3 Earnings
Sep 29Synchrony Financial credit card delinquency, charge off rates climb in August
Sep 12Synchrony's credit card delinquency, charge-off rates rise in July as loans increase
Aug 15Synchrony Financial GAAP EPS of $1.60 beats by $0.16, revenue of $2.87B beats by $130M
Jul 18Synchrony Financial Lower Profits Expected In 2022, But Trades At Fair Value
Jul 07Synchrony Financial's (NYSE:SYF) Dividend Will Be US$0.22
Apr 25I Ran A Stock Scan For Earnings Growth And Synchrony Financial (NYSE:SYF) Passed With Ease
Apr 20Give Synchrony Credit For Growing Loan Balances
Apr 19Synchrony Financial: Abundant Upside Potential
Feb 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Jan 29Synchrony Financial: Sing Your Way To The Bank
Jan 13Synchrony Financial: Efficient Business At Fair Value
Oct 25Synchrony Financial (NYSE:SYF) Will Pay A Dividend Of US$0.22
Oct 25Synchrony Financial Continues To Rebound
Oct 15Synchrony Financial: Properly Positioned For 2022 (And Beyond)
Jul 23Amazon Visa Card Partnership Could Be A Win For Synchrony
Jun 13Synchrony Financial reshapes structure to get products to market faster
Jun 01Synchrony Financial Continues To See Credit Metrics Improve
May 04Synchrony Financial Q1 2021 Earnings Preview
Apr 26Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SYF's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: SYF has a sufficient allowance for bad loans (443%).
Low Risk Liabilities: 79% of SYF's liabilities are made up of primarily low risk sources of funding.
Loan Level: SYF has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: SYF's Loans to Deposits ratio (109%) is appropriate.
Level of Bad Loans: SYF has a high level of bad loans (2.4%).