- Synchrony Financial's (NYSE:SYF) stock price came under severe pressure in June when the company warned of a 20-30 basis points boost to charge-off rates over the coming year.
- Today SYF reports June's net charge-off rate was 5.09%, up from 4.88% in May.
- Shares are down 1.05% in morning action.
Synchrony Financial charge-off rate higher in June
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About SYF Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| SYF | - | - |
| Synchrony Financial | ||