Name | Value |
---|---|
Revenues | 3,659.0M |
Cost of Revenue | 955.0M |
Gross Profit | 2,704.0M |
Operating Expense | -3,120.0M |
Operating I/L | 539.0M |
Other Income/Expense | 4,316.0M |
Interest Income | 5,549.0M |
Pretax | 539.0M |
Income Tax Expense | 99.0M |
Net Income/Loss | 440.0M |
Synchrony Financial is a consumer financial services company in the United States, offering credit products such as credit cards, commercial credit products, and consumer installment loans. The company also provides private label credit cards, dual cards, co-brand and general purpose credit cards, as well as deposit products including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts. Synchrony Financial generates revenue through interest and fees on its credit products, as well as through the acceptance of deposits and the provision of consumer banking products to retail and commercial customers.