Synchrony Financial Q1: Earnings Beat, Lower Purchase Volume, Active Accounts Decline And More - Synchrony Financial (NYSE:SYF)

Synchrony Financial Q1: Earnings Beat, Lower Purchase Volume, Active Accounts Decline And More - Synchrony Financial (NYSE:SYF)

Synchrony Financial (NYSE:SYF) reported first-quarter FY25 revenue growth of 1.3% year-on-year to $4.46 billion, missing the analyst consensus estimate of $4.46 billion. Net revenue decreased 22.5% Y/Y to $3.72 billion, while net interest margin improved 19 basis points to 14.74% in the quarter. Period-end loan receivables declined 2% Y/Y to $99.6 billion, and purchase volume declined 4% Y/Y to $40.7 billion in the quarter. Interest and fees on …

Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’

Synchrony Financial’s first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their credit card debt. The net result is that consumers are proving to be responsible stewards of their credit even amid an uncertain macro-economic environment. Presentation materials released before the markets opened on Tuesday (April 22) detailed that purchase volumes on t…

Synchrony Reports First Quarter 2025 Results; Company also Announces Quarterly Common Stock Dividend of $0.30 Per Share and Approval of a $2.5 Billion Share Repurchase Program - PressReach

Company also declares preferred stock dividends STAMFORD, Conn., April 22, 2025 /PRNewswire/ — Synchrony Financial (NYSE: SYF) today announced first quarter 2025 results for the period ending March 31, 2025. The Earnings Release and presentation can be found on the company’s Investor Relations website at https://investors.synchrony.com/financial-information/financial-results. Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief E…

Synchrony's purchase volume, loan receivables fall in Q1

In the first quarter of 2025, Synchrony Financial's net income of $757 million and earnings per share of $1.89 surpassed Wall Street's estimates.