Credit MetricsSynchrony Financial reported May operating metrics highlighted by a sequential improvement in credit metrics.
Market PositionSynchrony is the #1 domestic private label credit card platform, with tenured large retailer partnerships, and an experienced management team.
ValuationSYF is one of the cheapest direct bank investment opportunities in the market, trading at 20%+ discounts on TBV, PPNR, and revenue, creating a compelling case to buy an excellent consumer lending.