Synchrony Financial (SYF) Tops Q4 EPS by 17c
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Synchrony Financial Reports Fourth Quarter Net Earnings of $783 Million or $1.09 Per Diluted Share
January 23, 2019 6:30 AM ESTSTAMFORD, Conn., Jan. 23, 2019 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced fourth quarter 2018 net earnings of $783 million, or $1.09 per diluted share. Highlights included:
Net interest income increased 11% from the fourth quarter of 2017 to $4.3 billion Loan receivables grew $11 billion, or 14%, from the fourth quarter of 2017 to $93 billion Purchase volume increased 10% from the fourth quarter of 2017 to $40 billion Deposits grew $8 billion, or 13%, from the fourth quarter of 2017 to $64 billion Renewed and extended key Retail Card relationships: Sam's Club and Amazon Extended and... More