Name | Value |
---|---|
Revenues | 4,889.0M |
Cost of Revenue | 1,047.0M |
Gross Profit | 3,842.0M |
Operating Expense | 1,177.0M |
Operating I/L | 2,745.0M |
Other Income/Expense | -1,901.0M |
Interest Income | 5,582.0M |
Pretax | 844.0M |
Income Tax Expense | 201.0M |
Net Income/Loss | 643.0M |
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, short- and long-term installment loans, and consumer banking products. Additionally, it offers deposit products including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts. Synchrony Financial generates revenue through credit card programs with retailers, manufacturers, and healthcare service providers, as well as through various deposit channels.