Synchrony Financial Dossier
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SectorFinancials IndustryConsumer Finance Beta (adjusted)1.21 Intrinsic Value $52.18median of 2 methodsbased on filings through 30 Jun 2026 Market Price $71.51Price as of 1 Oct 2026 OvervaluedIntrinsic value is 27% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $23.3B Enterprise Value $23.5B Shares Outstanding 329.7M diluted Next Earnings Date21 Oct 2026 Last ex-dividend5 Aug 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Synchrony's operating picture is balanced: July loan receivables reached $102.6 billion while adjusted monthly net charge-offs were 4.9% and 30+ day delinquencies were 4.2%. Second-quarter purchase volume grew 8.1% year over year, net interest margin improved to 15.08%, and the company retained substantial capital capacity. These strengths are offset by higher operating costs, consumer-credit cyclicality and regulatory sensitivity. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$78.00 Mean target$89.09 High · most bullish analyst$104.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $60.0022% Delinquencies and charge-offs reaccelerate, technology and operational costs remain elevated, and regulatory or funding pressure limits capital returns. Base CaseCentral scenario $89.0958% Matches the consensus meanPurchase-volume and receivables growth continue at a measured pace, credit remains near normalized levels, and capital returns partly offset expense growth. Bull CaseUpside scenario $105.0020% A benign consumer-credit environment keeps charge-offs below management's long-term range, partner expansion sustains purchase-volume growth, lower funding costs support margin, and buybacks amplify per-share results. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |