They continue to invest in technology to enhance their customer experience and expand their business operations. SYF has a strong and stable financial position, with a focus on innovation and digital transformation. As of the latest financial report for 2022, Synchrony Financial had total assets of approximately $150 billion, a net income of $3.7 billion, and a return on assets of 2.5%. The company works closely with leading retailers across various industries to create customized credit card programs for their customers. As of 2023, SYF has grown to become one of the largest issuers of private label credit cards in the United States with over 100 million active accounts. SYF operates in three primary segments: Retail Card, Payment Solutions, and CareCredit. Synchrony Financial (SYF) is a consumer financial services company that was established in Stamford, Connecticut in 2003.
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