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Jun 30, 2022
Synchrony Q2 2022 Earnings Report
Synchrony's second quarter results reflected a diversified business model and the continued health of its customers.
Key Takeaways
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.
Purchase volume increased 12% to $47.2 billion, or 16% on a Core basis.
Loan receivables of $82.7 billion increased 5%, or 11% on a Core basis.
Net interest margin increased 182 basis points to 15.60%.
Returned $809 million capital to shareholders, including $701 million of share repurchases.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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