Synchrony Financial, a major player in the credit card issuance and marketing sector, has been given a neutral rating by UBS.

Synchrony Financial had a successful year in 2023, issuing over 35 million credit cards and demonstrating its strong market presence. Alongside card issuance, the company processed more than 710 million paper and electronic payments, showcasing its extensive payment processing capabilities. Additionally, Synchrony Financial submitted over 765 million paper and electronic credit card statements, highlighting its operational scale.

In addition to its core activities, Synchrony Financial is also involved in consumer loans and healthcare services, expanding its offerings in the financial services industry.