Synchrony Financial Reports Second Quarter Net Earnings of $489 Million or $0.58 Per Diluted Share

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BTIG Keeps Synchrony Financial (SYF) at 'Buy'; Credit Concerns are Yesterday's News

July 22, 2016 9:00 AM EDT

BTIG affirms Synchrony Financial (NYSE: SYF) with a Buy rating and $42 price target following Q2 results released Friday morning.

Analyst Mark Palmer commented today, While concerns about credit have weighed on shares of Synchrony Financial (SYF) since management on June 8... More

Synchrony Financial (SYF) Tops Q2 EPS by 4c

July 22, 2016 6:40 AM EDT

Synchrony Financial (NYSE: SYF) reported Q2 EPS of $0.58, $0.04 better than the analyst estimate of $0.54.

Balance Sheet

Period-end loan receivables growth remained strong at 11%, primarily driven by purchase volume growth of 9% and average active account growth of... More