Synchrony Financial's Second Quarter Points to Better Credit Performance
Shares of Synchrony Financial (NYSE: SYF) notched a 4.5% gain on Friday after its second-quarter earnings report showed only a modest increase in charge-offs after a rapid increase in losses in the first quarter. While credit losses may be elevated compared to last year, these most recent results suggest that credit performance is merely "normalizing," as opposed to being a warning signal about further significant growth in defaults and losses.
Metric
2Q 2017
Source: Fool.com
Capital One Financial Aktie
141,00 €
0,00 %
Leichte Kaufneigung bei Capital One Financial, mit mehr Buy- als Sell-Einschätzungen.
Ein positives, wenn auch bescheidenes, Potenzial für Capital One Financial mit einem Kursziel von 146 € im Vergleich zum aktuellen Kurs von 141.0 €.
