Synchrony Tax Provision from 2010 to 2025

SYF-PB Stock   25.60  0.03  0.12%   
Synchrony Financial's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 959.2 M. Tax Provision is the amount set aside by Synchrony Financial to cover any estimated taxes for the current period. It reflects Synchrony Financial's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
1.1 B
Current Value
959.2 M
Quarterly Volatility
295.7 M
 
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Check Synchrony Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synchrony Financial's main balance sheet or income statement drivers, such as Tax Provision of 959.2 M, Net Interest Income of 17.4 B or Interest Income of 20.2 B, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0027 or PTB Ratio of 2.2. Synchrony financial statements analysis is a perfect complement when working with Synchrony Financial Valuation or Volatility modules.
  
Check out the analysis of Synchrony Financial Correlation against competitors.
For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.

Latest Synchrony Financial's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Synchrony Financial over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Synchrony Financial's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synchrony Financial's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Synchrony Tax Provision Regression Statistics

Arithmetic Mean589,950,000
Geometric Mean536,712,901
Coefficient Of Variation50.12
Mean Deviation244,681,250
Median412,000,000
Standard Deviation295,691,799
Sample Variance87433.6T
Range870M
R-Value0.72
Mean Square Error45638T
R-Squared0.51
Significance0
Slope44,476,471
Total Sum of Squares1311504.6T

Synchrony Tax Provision History

2025959.2 M
20241.1 B
2023666 M
2022946 M
20211.3 B

About Synchrony Financial Financial Statements

Synchrony Financial stakeholders use historical fundamental indicators, such as Synchrony Financial's Tax Provision, to determine how well the company is positioned to perform in the future. Although Synchrony Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Synchrony Financial's assets and liabilities are reflected in the revenues and expenses on Synchrony Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Synchrony Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision1.1 B959.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Synchrony Financial is a strong investment it is important to analyze Synchrony Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synchrony Financial's future performance. For an informed investment choice regarding Synchrony Stock, refer to the following important reports:
Check out the analysis of Synchrony Financial Correlation against competitors.
For information on how to trade Synchrony Stock refer to our How to Trade Synchrony Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between Synchrony Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchrony Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchrony Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.