- Motley Fool
1 Excellent Bank Stock to Buy Right Now
This online bank is a leader in its core business and trades cheaply.
- Insider Monkey
20 Most Profitable Banks in the US in 2024
In this piece, we will take a look at the 20 most profitable banks in the US in 2024. If you want to skip our coverage of the latest news in the US banking industry, then you can take a look at the 5 Most Profitable Banks in the US in 2024. The US banking […]
- Reuters
Synchrony's Q1 profit misses expectations on higher provisions tied to Ally deal
Consumer banking firm Synchrony Financial's first-quarter profit missed expectations on Wednesday, as reserves tied to its acquisition of Ally Financial's point-of-sale financing unit drove provisions higher. Synchrony bought the business in March, in order to expand beyond its core products such as private label and co-branded credit cards. It is similar to buy now, pay later loans but is typically used to finance bigger purchases with longer repayment periods.
