Synchrony Financial 2Q total deposits $82.26B, estimate $83.43B

Synchrony Financial 2Q total deposits $82.26B, estimate $83.43B

Synchrony Financial (SYF) is poised to release its second-quarter earnings on July 22, with analysts expecting an earnings per share (EPS) of $1.79 and revenue of $3.68 billion [1]. The company has consistently exceeded analyst estimates over the past year, with 75% of EPS estimates and revenue projections regularly surpassed.

Analysts project a one-year average target price of $75.11, indicating a potential upside of 7.93% from the current trading price of $69.59. The average target price ranges from a high of $88.00 to a low of $56.00 [1]. Synchrony Financial is rated as "Outperform" by brokerage firms, with an average recommendation score of 2.1 from 22 firms [1].

Synchrony Financial's second-quarter total deposits are estimated to be $82.26 billion, with an estimate of $83.43 billion for the same period [2]. The company's fiscal year 2025 guidance for net revenue and implied EPS aligns with analyst forecasts, suggesting a stable financial trajectory [2]. The company's credit quality metrics have shown encouraging signs, with improvements in delinquency rates and better-than-expected net charge-offs, although loan growth has been modest [2].

A significant development for Synchrony is its renewed partnership with Walmart (NYSE:WMT), set to become the main card issuer following Capital One's termination of its partnership with the retail giant. Analysts view this as a potential top 5 program for Synchrony, with expectations of superior unit economics and enhanced customer acquisition dynamics [2].

Synchrony's future prospects are closely tied to its ability to capitalize on new partnerships, manage credit quality, and drive loan growth. The company's guidance for 2025 suggests confidence in its strategy, with analysts anticipating lower charge-offs and the potential for stronger performance as consumer confidence improves [2].

References:
[1] https://www.gurufocus.com/news/2991336/synchrony-financial-syf-set-to-release-q2-earnings-on-july-22?mod=mw_quote_news&r=4bf001661e6fdd88d0cd7a5659ff9748
[2] https://www.investing.com/news/swot-analysis/synchrony-financials-swot-analysis-stock-outlook-amid-walmart-partnership-93CH-4140948