Synchrony Financial (NYSE: SYF) reported second quarter 2023 earnings results today. Net interest income increased 8.4% year-over-year to $4.1 billion. Net earnings available to common stockholders declined 29.5% to $559 million, while EPS fell 17.5% to $1.32 compared to last year. Total liquidity, consisting of liquid assets and undrawn credit facilities, was $19.4 billion, or […]
“Synchrony Financial (NYSE: SYF) reported second quarter 2023 earnings results today. Net interest income increased 8.4% year-over-year to $4.1 billion. Net earnings available to common stockholders declined 29.5% to $559 million, while EPS fell 17.5% to $1.32 compared to last year. Total liquidity, consisting of liquid assets and undrawn credit facilities, was $19.4 billion, or […]
· July 18, 2023
Synchrony Financial (NYSE: SYF) reported second quarter 2023 earnings results today.
Net interest income increased 8.4% year-over-year to $4.1 billion.
Net earnings available to common stockholders declined 29.5% to $559 million, while EPS fell 17.5% to $1.32 compared to last year.
Total liquidity, consisting of liquid assets and undrawn credit facilities, was $19.4 billion, or 17.9% of total assets.
The company returned $399 million in capital to shareholders, including $300 million of share repurchases and $99 million of common stock dividends.
