Synchrony Financial Stock Price, News & Analysis

Synchrony (NYSE: SYF) will participate in the KBW Fintech Payments Conference on February 28, 2023, at 8:00 a.m. (Eastern Time). President and CEO Brian D. Doubles and CFO Brian J. Wenzel will be featured in a fireside chat. A live webcast of the event will be accessible on Synchrony's Investor Relations website. Synchrony is a leading consumer financial services company, offering digitally-enabled products across various industries, including retail and healthcare. For more information, visit www.synchrony.com.

Synchrony (NYSE: SYF) announces that CFO Brian J. Wenzel will participate in a fireside chat during the Credit Suisse 24th Annual Financial Services Forum on February 14, 2023, at 4:05 p.m. ET. A live webcast and replay of the event will be available on the Synchrony Investor Relations website at www.investors.synchronyfinancial.com. Synchrony is recognized for its comprehensive digital financial services tailored to various industries.

Synchrony (NYSE: SYF) announced a commitment of $100 million to Ariel Alternatives' Project Black, designed to support and scale minority-owned businesses. This initiative aligns with Synchrony's ongoing efforts to enhance equity among diverse enterprises. Project Black will convert middle-market companies into certified minority business enterprises (MBEs) and aims to boost supplier diversity for Fortune 500 firms. The investment reflects Synchrony's dedication to fostering inclusivity and driving economic growth for underserved communities.

Synchrony Financial (NYSE: SYF) announced a quarterly cash dividend of $0.23 per share of common stock. This dividend will be payable on February 17, 2023, to shareholders who are on record as of February 6, 2023. Additionally, the Board declared a dividend on the 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, amounting to approximately $14.06 per share, payable on February 16, 2023, also to holders of record at the close of business on February 6, 2023. These announcements reflect the company's commitment to returning income to shareholders.

Synchrony (NYSE: SYF) and Rooms To Go have renewed their strategic financing partnership, enhancing the shopping experience for consumers. This multi-year agreement enables Rooms To Go cardholders to access industry-leading digital account management features, special financing options, and private discounts. The partnership has driven repeat sales growth for Rooms To Go, with a focus on simplifying financing applications. Synchrony aims to leverage insights and new payment solutions to enhance customer satisfaction.

Synchrony Financial (NYSE: SYF) announced its fourth-quarter 2022 results on January 23, 2023, revealing key financial metrics for the period ending December 31, 2022. The earnings report and supplementary materials are accessible on their investor relations website. CEO Brian Doubles and CFO Brian Wenzel Sr will discuss the results and outlook in an audio webcast available online. Synchrony provides a comprehensive suite of digitally-enabled consumer financial services across various industries, emphasizing their partnerships with retailers and service providers to deliver tailored financing solutions. For more details, visit their official website.

Synchrony (NYSE: SYF) has announced a renewed partnership with Bassett Furniture (NASDAQ: BSET) to launch a multi-year financing program. This initiative enables consumers to access promotional financing at Bassett's 92 stores. The program leverages Synchrony's advanced data analytics and technology, enhancing the financing application process and customer experience. As part of the HOME Network™, Bassett will have access to exclusive marketing channels, aiding in customer engagement. This collaboration aims to drive loyalty, growth, and streamline the purchasing path for consumers.

Synchrony (NYSE: SYF) is set to report its fourth quarter 2022 financial results on January 23, 2023. The earnings release and related materials will be available on the company's Investor Relations webpage at approximately 6:00 a.m. Eastern Time. Additionally, a conference call to discuss these results will occur at 8:00 a.m. Eastern Time on the same day, with access through the same website.

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