Synchrony Financial, the parent company of Synchrony Bank, is ranked 34th among the largest financial institutions. This ranking positions Synchrony Financial as a significant entity within the U.S. banking landscape.
Understanding Bank Rankings
Rankings for financial institutions are typically determined by various financial metrics, most commonly total consolidated assets. These rankings provide insight into a bank's scale, market share, and overall presence within the financial industry. The higher the rank, the larger the institution generally is by these metrics.
Below is a snapshot of Synchrony Financial's position relative to other notable banks, illustrating its standing:
| Rank | Bank Name | Ticker Symbol |
|---|---|---|
| 34 | Synchrony Financial | SYF |
| 35 | Deutsche Bank | DB |
| 36 | New York Community Bank | NYCB |
| 37 | Mizuho Financial Group | MFG |
This data helps to contextualize Synchrony Financial's operational size and reach in comparison to other major financial players.
