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Synchrony Financial Reports Rise in Delinquency Rates

Synchrony Financial Reports Rise in Delinquency Rates

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Synchrony Financial ( (SYF) ) has provided an update.

Synchrony Financial has released its monthly charge-off and delinquency statistics for the thirteen months ending October 31, 2024, revealing a rise in both the 30+ day delinquency rate and the net charge-off rate. This increase mirrors a continued moderation in customer payment rates. Investors and market enthusiasts can expect these statistics to be updated monthly, aligning quarterly releases with the company’s financial results.

Find detailed analytics on SYF stock on TipRanks’ Stock Analysis page.

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