STAMFORD, Conn., Jan. 7, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2024 results on Tuesday, January 28, 2025. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations.
Synchrony Continues as Exclusive Issuer of the Techron Advantage Credit Card for Chevron and Texaco Customers
STAMFORD, Conn., Dec. 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced the extension of their collaboration with Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), on the Techron Advantage Credit Card program. The amendment by the parties of their existing agreement to extend the term builds upon the success of the companies' 17-year relationship, combining Synchrony's expertise in consumer financing with Chevron Corporation's ("Chevron") legacy of innovation and customer-centric approach. The extension of this agreement also coincides with a remarkable milestone: the 100th anniversary of Chevron's first consumer credit card, a paper card first issued by the Standard Oil Company of California in 1924.
CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea device
STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Daybreak, a top-provider of full at-home sleep testing kits and custom-fit sleep apnea devices, have extended flexible financing to customers interested in Daybreak's products. With an estimated 50-70 million Americans currently living with ongoing sleep disorders, including sleep apnea, there is a clear need for the easily accessible diagnostic care that Daybreak can help provide.
STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D. Doubles, and Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2024 Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024 at 8:00 a.m. (Eastern Time).
A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com.
Veterinary Specialty Care: A Synchrony Lifetime of Care Study Reveals 80% of Pet Parents Are Worried About Potential Costs for Specialty and Emergency Veterinary Care
STAMFORD, Conn., Oct. 29, 2024 /PRNewswire/ -- According to Synchrony's new "Veterinary Specialty Care Study," pet parents have significant concerns and information gaps when their pet requires veterinary specialty care. Further, it reveals a need to bridge communication gaps between general practice and specialty veterinary teams.
Company also declares preferred stock dividends
STAMFORD, Conn., Oct. 24, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on November 15, 2024 to holders of record at the close of business on November 4, 2024.
The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share) and approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) are payable on November 15, 2024 to holders of record at the close of business on November 4, 2024.
$100,000 Donation to Women in HVACR to Support Scholarships as Part of Synchrony's Education as an Equalizer Initiative
STAMFORD, Conn., Oct. 23, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, is a steadfast advocate for womens' representation in trade jobs as a driver of economic opportunity. The company is reinforcing that belief with a $100,000 donation from the Synchrony Foundation to Women in HVACR (WHVACR). The commitment will fund scholarships for women pursuing careers in the heating, ventilation, air conditioning, and refrigeration (HVACR) industry.
STAMFORD, Conn., Oct. 16, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its third quarter 2024 results for the period ending September 30, 2024. The earnings news release and presentation can be found on the company's investor relations website at https://investors.synchrony.com/financial-results.
Today at 8 a.m. ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under events and presentations. A replay will also be available on the website.
Industry innovation means CareCredit and Pets Best Pet Insurance work seamlessly together to provide pet parents with easy and flexible financial solution
New reimbursement process to scale to additional IPH insurers in coming months
STAMFORD, Conn., Oct. 9, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced the launch of a first-of-its-kind payment experience for pet parents. For consumers who have both CareCredit and Pets Best pet insurance, this simple and seamless innovation connects the two solutions by directly reimbursing insurance claims to the CareCredit health and wellness credit card, streamlining the payment process for the pet parents by delivering a unified experience.
Synchrony celebrates its recognition as one of India's Top 10 Best Workplaces for Women and Top 25 for Diversity, Equity, Inclusion, and Belonging (DEIB) in 2024. This acknowledgment highlights the company's commitment to creating a gender-inclusive environment and nurturing diverse talent.
HYDERABAD, India, Oct. 3, 2024 /PRNewswire/ -- Synchrony, a premier consumer financial services company, has been recognized as one of India's Top 10 Best Workplaces for Women by Great Place to Work® (GPTW), and Top 25 India's Best Workplaces in Diversity, Equity, Inclusion, and Belonging (DEIB) 2024. These annual recognitions reaffirm Synchrony's continuous efforts to create a workplace where every employee feels valued, respected, and empowered.
CareCredit Named Preferred Financing Solution for PSIvet Members, Extending Access to Convenient Financing Options
STAMFORD, Conn., Oct. 1, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer finance company, is a strong supporter of independent veterinary practices and their roles in the communities they serve. Today, the company has announced that its CareCredit health and wellness credit card was selected as the preferred financing solution for PSIvet, a group purchasing organization (GPO) that works to strengthen, support and advocate for more than 5,500 independent veterinary practices nationwide.
With This Multi-Year Deal Extension, The Companies Will Continue To Provide Innovative Financial Solutions for Athletes
STAMFORD, Conn. and PITTSBURGH, Sept. 26, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and DICK'S Sporting Goods (NYSE: DKS) announced today a multi-year extension of their strategic partnership, which will allow the companies to continue and enhance athlete services and experiences.
STAMFORD, Conn., Sept. 25, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its third quarter 2024 results on Wednesday, October 16, 2024. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations.
CareCredit health and wellness credit card to be accepted at Albertsons Cos. stores for health and wellness products
STAMFORD, Conn., Sept. 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Albertsons Companies, Inc., a leading food and drug retailer, today announced the acceptance of the CareCredit health and wellness credit card in nearly 2,200 Albertsons Cos. stores including Albertsons, Safeway, Vons, ACME, Shaw's and Jewel-Osco.
Seasoned executive deepens financial, risk and strategic expertise
STAMFORD, Conn., Sept. 17, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF), a premier consumer financial services company, today announced Daniel Colao, a retired financial services executive with over 30 years of industry experience, has been appointed to Synchrony's Board of Directors, effective October 1, 2024.
STAMFORD, Conn., Sept. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 9:00 a.m. (Eastern Time).
A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com.
Strong Business Results, Top Global Employer Recognition, and Leading Portfolio of Partner Brands Reflect Synchrony's Central Role in Driving Economic Growth a Decade After IPO
Celebrates with Additional $1 Million in Grants to Nonprofits Globally through Employee-Directed Program
STAMFORD, Conn., July 31, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading financing partner for many of America's most iconic brands, is celebrating 10 years as a publicly traded company. From health to home, retail to wholesale, savings and spending, Synchrony plays a central role in driving economic growth for hundreds of thousands of businesses and Americans through credit access.
Company also declares preferred stock dividends
STAMFORD, Conn., July 23, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on August 15, 2024 to holders of record at the close of business on August 5, 2024.
The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock") and 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share) and approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) are payable on August 15, 2024 to holders of record at the close of business on August 5, 2024.
NEW YORK, July 18, 2024 /PRNewswire/ -- New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, as well as new investors Thomvest.
New Partnership Will Support Independent Vet Practices with Flexible Financing Options and Administrative Resources
STAMFORD, Conn., July 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer finance company, has announced that its CareCredit health and wellness credit card will now be the preferred financing option for members of The Veterinary Cooperative (TVC), a positive cooperative community of veterinarians and suppliers who share a vision to provide the best animal care through independent veterinary practices. TVC is owned and guided by its independently owned veterinary members and is managed by professional cooperative personnel.
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