Synchrony Financial is a savings and loan holding company and financial holding company. Through its subsidiaries, Co. provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which it refers to as its partners. Co.'s capabilities and scale encompass a spectrum of industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. Co. conducts its operations through a single segment. Co. provides its credit products primarily through its wholly-owned subsidiary, Synchrony Bank. We show 38 historical shares outstanding datapoints in our SYF shares outstanding history coverage, used to compute SYF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SYF market cap history over the course of time is important for investors
interested in comparing SYF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SYF versus a peer is one thing; comparing
SYF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SYF can fluctuate over the course of history.
With this page we aim to empower investors researching SYF by allowing them to research the SYF market cap history. |
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Video: The Importance of Market Cap
