Synchrony Financial Balance Sheet Health
Financial Health criteria checks 5/6
Synchrony Financial has total assets of $119.2B and total equity of $16.0B. Total deposits are $82.3B, and total loans are $91.2B. It earns a Net Interest Margin of 15.2%. It has sufficient allowance for bad loans, which are currently at 2.3% of total loans. Cash and short-term investments are $17.9B.
Key information
7.5x
Asset to equity ratio
15.2%
Net interest margin
| Total deposits | US$82.28b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$17.93b |
Recent financial health updates
No updates
Recent updates
Synchrony Financial: Undervalued Gem In Fintech
Nov 30Synchrony Financial's (NYSE:SYF) Dividend Will Be $0.25
Oct 28
Synchrony Financial: Why I Prefer The Lower Yielding Series A Preferred Shares
Oct 23Synchrony Financial: Consumer Lending May Meltdown If Unemployment Continues To Rise
Sep 18Synchrony Financial: Not Too Expensive Yet
Jul 18Synchrony Financial: Comparing The 2 High Yielding Preferred Shares
Jun 26Synchrony 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 07Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SYF's Assets to Equity ratio (7.5x) is low.
Allowance for Bad Loans: SYF has a sufficient allowance for bad loans (463%).
Low Risk Liabilities: 80% 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 (76%).
Low Risk Deposits: SYF's Loans to Deposits ratio (111%) is appropriate.
Level of Bad Loans: SYF has a high level of bad loans (2.3%).