Conversely, the average net charge-off rate advanced to 4.31% from 4.14% in November, 4.05% a year earlier, and 3.73% five years ago.
Synchrony Financial's fourth-quarter earnings results missed analysts' forecasts and investors pummeled the stock due to a ...
Synchrony Financial's fourth-quarter profit and revenue came up short of forecasts on higher costs and less-than-expected net interest income.
Charge-off rates within Capital One’s commercial real estate (CRE) loan portfolio all but doubled in the last quarter of 2024, suggesting that the fallout from falling property prices is unfolding in ...
The online bank's net charge-offs as a percentage of total average loan receivables jumped. Net interest income rose 3%, but short of Visible Alpha estimates. Synchrony Financial (SYF) shares ...