Welcome to our dedicated page for Synchrony Financial news (Ticker: SYF), a resource for investors and traders seeking the latest updates and insights on Synchrony Financial stock.
Synchrony Financial (NYSE: SYF) is a leading consumer financial services provider specializing in private-label credit cards, digital financing solutions, and healthcare credit products. This news hub offers investors and industry professionals centralized access to official updates and market analysis for informed decision-making.
Track SYF's latest developments including earnings reports, strategic partnerships, product innovations, and regulatory updates. Our curated collection features press releases about retail card programs, CareCredit healthcare financing expansions, and payment technology advancements across SYF's partner network.
Key updates cover three primary areas: financial performance (quarterly results, investor communications), operational developments (new merchant partnerships, digital platform enhancements), and industry leadership (consumer credit trends, regulatory compliance initiatives). Bookmark this page for real-time access to SYF's evolving position in consumer finance markets.
Synchrony (NYSE: SYF) has announced a strategic partnership with the Independent Animal Hospital Association (IAHA) to become their preferred financing partner. Through this collaboration, Synchrony's CareCredit health and wellness credit card will be available at over 500 IAHA independent animal hospitals across 30+ states.
The partnership aims to provide flexible financing solutions for pet owners while supporting independent veterinary practices. CareCredit offers both short and long-term financing options, allowing pet owners to better budget for their animal's care. The service is currently accepted at more than 27,000 veterinary practices and all U.S. public university veterinary schools. Pet owners can easily prequalify without impacting their credit score and receive instant decisions on their applications.
Synchrony (NYSE: SYF) announced that its CareCredit health and wellness credit card has achieved full coverage across all 29 public veterinary university hospitals in the United States with the addition of Texas A&M University Veterinary Medical Teaching Hospital. CareCredit now serves as the preferred financing partner at Texas A&M, which operates one of the largest veterinary referral networks in the country.
The partnership enables pet owners to access various financing options, including short and long-term plans, with instant prequalification available. CareCredit is currently accepted at over 26,000 veterinary practices nationwide and has been providing financing solutions for veterinary services for more than 35 years. The credit card is recommended by the American Animal Hospital Association and is a Preferred Partner for the American Veterinary Medical Association.
Synchrony (NYSE: SYF) and Belle Tire have announced a multi-year partnership to launch a new private label credit card program. The collaboration, facilitated through Belle Tire's integrated payment provider 1stMILE, will offer flexible financing options across Belle Tire's nearly 200 Midwest locations.
The new credit card, part of the Synchrony Car Care™ network, provides promotional financing including six months for purchases of $199+ and twelve months for purchases of $1,000+. Cardholders can use the card at Belle Tire locations and over one million gas stations, auto parts retailers, and service locations nationwide.
Customers can apply through multiple channels including in-store pin pads, QR codes, text-to-apply options, and BelleTire.com. The partnership aims to make automotive expenses more manageable while expanding payment accessibility for Belle Tire's automotive customers.
Synchrony Financial (NYSE: SYF) has announced its first quarter 2025 results and several key shareholder returns initiatives. The company's Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock, representing a 20% increase from the previous dividend. The dividend will be paid on May 15, 2025, to stockholders of record as of May 5, 2025.
Additionally, the Board approved a new $2.5 billion share repurchase program starting in Q2 2025 through June 30, 2026, following the completion of its previous buyback program. The company also declared quarterly dividends for its Series A and Series B Preferred Stock, with payments of approximately $14.06 and $20.63 per share respectively.
Synchrony (NYSE: SYF) has announced a multi-year extension of its partnership with American Eagle Outfitters (NYSE: AEO) to continue managing their credit programs. The nearly three-decade partnership focuses on providing the Real Rewards credit card program for American Eagle and Aerie customers.
The partnership features both store-specific Real Rewards credit cards for use at American Eagle and Aerie locations, as well as Real Rewards Visa credit cards accepted wherever Visa is accepted. The program offers rewards and special discounts to AEO customers, and has been recognized as one of America's Best Loyalty Programs by Newsweek for five consecutive years. Additionally, the Real Rewards Credit Card was named Money's Best Retail Credit Card: In-Store Rewards for 2025.
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