Synchrony Earnings Reports

Synchrony Financial delivered strong Q3 2025 results with higher EPS and net income, supported by purchase volume growth, strong credit quality, and disciplined capital return.

The company reported solid earnings growth with net income rising significantly year-over-year, supported by lower credit losses and higher loan yields, despite a modest revenue decline.

Synchrony delivered solid results in Q1 2025, supported by strong net interest margin, disciplined credit management, and a significant return of capital to shareholders through dividends and share repurchases.

Synchrony Financial reported a strong fourth quarter with net earnings of $774 million, or $1.91 per diluted share, compared to $440 million, or $1.03 per diluted share in the fourth quarter 2023. The results reflect the resilience of Synchrony's diversified portfolio and balanced approach to underwriting and credit management.

Synchrony Financial reported net earnings of $789 million, or $1.94 per diluted share, for the third quarter of 2024. The results reflect the company's focus on providing responsible access to credit and driving value for stakeholders through evolving market conditions. Loan receivables increased, and capital was returned to shareholders through share repurchases and dividends.

Synchrony Financial reported net earnings of $643 million, or $1.55 per diluted share, for Q2 2024, compared to $569 million, or $1.32 per diluted share in Q2 2023. The company saw an increase in loan receivables and average active accounts, while purchase volume and new accounts decreased. Synchrony returned $400 million of capital to shareholders.

Synchrony Financial reported first quarter net earnings of $1.3 billion, or $3.14 per diluted share. Adjusted net earnings were $491 million, or $1.18 per diluted share, which includes a reserve build for the Ally Lending acquisition of $190 million. The company saw a 2% increase in purchase volume and a 12% increase in loan receivables.

Synchrony Financial reported Q4 2023 net earnings of $440 million, or $1.03 per diluted share. The company saw growth in existing partner programs and launched new ones, expanded its products and markets, and scaled its multi-product strategy. They returned $353 million of capital to shareholders, including $250 million in share repurchases.

Synchrony Financial reported Q3 2023 net earnings of $628 million, or $1.48 per diluted share. Purchase volume increased by 5% to $47.0 billion, and loan receivables increased by 14% to $97.9 billion. The company returned $254 million of capital to shareholders, including $150 million in share repurchases.

Synchrony Financial reported second quarter 2023 net earnings of $569 million, or $1.32 per diluted share. Purchase volume remained largely unchanged at $47.3 billion, while loan receivables increased by 15% to $94.8 billion. The company returned $399 million of capital to shareholders, including $300 million in share repurchases.

Synchrony Financial reported net earnings of $601 million, or $1.35 per diluted share, for the first quarter of 2023. The company achieved record first quarter purchase volume and strong receivables growth, while returning $500 million of capital to shareholders.

Synchrony Financial reported Q4 2022 net earnings of $577 million, or $1.26 per diluted share. The company achieved record purchase volume and double-digit receivables growth, while also returning $803 million of capital to shareholders.

Synchrony Financial reported Q3 2022 net earnings of $703 million, or $1.47 per diluted share. The results were driven by a differentiated business model and a deep understanding of customer and partner needs. The company saw a 6% increase in purchase volume and a 13% increase in loan receivables.

Synchrony Financial reported second quarter net earnings of $804 million, or $1.60 per diluted share. Purchase volume increased 12% to $47.2 billion, and loan receivables increased 5% to $82.7 billion. The company returned $809 million in capital to shareholders, including $701 million of share repurchases.

Synchrony Financial reported a decrease in net earnings to $932 million, or $1.77 per diluted share, for the first quarter of 2022. Purchase volume increased by 17%, and loans increased by 8%. The company's board approved a $2.8 billion share repurchase authorization and a planned 5% increase in the regular common dividend.

Synchrony Financial reported Q4 2021 net earnings of $813 million, or $1.48 per diluted share, which included a $74 million post-tax benefit. Record purchase volume and broad-based loan growth across all sales platforms contributed to the strong results.

Synchrony Financial reported strong third-quarter results with net earnings of $1.1 billion, or $2.00 per diluted share, driven by purchase volume growth and credit trends. The company saw increases in purchase volume, average active accounts, and new accounts.

Synchrony Financial reported second quarter net earnings of $1.2 billion, or $2.12 per diluted share. Purchase volume increased 35% to $42.1 billion. The company continues to win and renew key partnerships and solidify themselves as a leading provider of digitally-enabled consumer payments and financing product suites.

Synchrony Financial reported first quarter 2021 net earnings of $1.0 billion, or $1.73 per diluted share. The results were impacted by the pandemic with slower loan growth and lower net interest income, but credit quality remained strong.

Synchrony Financial reported fourth quarter 2020 net earnings of $738 million, or $1.24 per diluted share. The company saw improvements in net charge-offs but was still impacted by the COVID-19 pandemic. They focused on building for the future with renewals, new programs, and an acquisition, and the board approved a $1.6 billion share repurchase program.

Synchrony Financial reported a net earnings of $313 million, or $0.52 per diluted share, for the third quarter of 2020. The results included a restructuring charge of $89 million and an increase in the provision for credit losses due to CECL implementation of $66 million. The company successfully launched an innovative, digital-first program with Venmo and renewed its relationship with Sam's Club.

Synchrony Financial reported a net earnings of $48 million, or $0.06 per diluted share in Q2 2020. This includes an increase in the provision for credit losses as a result of CECL implementation earlier this year of $483 million, or $365 million after tax, which equates to an EPS reduction of $0.63.