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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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9 views
I prefer Synchrony Financial's Series A preferred shares over Series B, given the likelihood of lower interest rates and capital appreciation potential. SYF's strong interest income and resilient asset yields offset rising borrowing costs, though net interest margin has declined slightly in recent quarters. Loan balances dropped in Q1, but deposit growth improved the loan-to-deposit ratio; increased external borrowing suggests potential for future loan growth.
