Browsing: Synchrony

Key insights: Synchrony Financial beat Wall Street’s estimates on earnings and revenue for the third quarter as delinquencies and net charge-offs declined. What’s at stake: The payments…

Key insight: Synchrony is making an acquisition that should help its merchant partners do more business with consumers who have low credit scores.Forward look: The credit…

UPDATE: This story includes quotes from Synchrony’s earnings call and an analyst’s commentary.In an economy plagued by uncertainty, Synchrony Financial feels sure about one thing: The…

Photographer: Kyle Grillot/BloombergKyle Grillot/Bloomberg Credit card issuer Synchrony Financial took an earnings hit Tuesday after reporting weaker-than-expected net interest income and a jump in net charge-offs. Synchrony,…