Synchrony Financial: Sell-Off Presents Great Entry Point For Shares (Upgrade)

Synchrony Financial offers an attractive entry point after a recent sell-off, with strong net interest income growth despite stagnant loan and deposit balances. SYF's asset yield reached 19.07% in Q4, while borrowing yields declined, driving net interest margin to a multi-year high of 15.83%. The loan-to-deposit ratio remains elevated at 115%, necessitating careful monitoring of external financing and deposit trends.