Balance Sheet Synchrony Financial

Equities

SYF

US87165B1035

Consumer Lending

Market Closed - Nyse Other stock markets 21:00:02 10/12/2025 GMT			5-day change	1st Jan Change
84.55 ^USD	+4.37%		+6.82%	+30.08%

12-10	Jefferies Adjusts Price Target on Synchrony Financial to $95 From $85, Maintains Buy Rating	MT
12-09	Synchrony Financial Presents at Goldman Sachs 2025 U.S. Financial Services Conference, Dec-09-2025 08:00 AM

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Published financial data: SYNCHRONY FINANCIAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	15.95B	15.23B	16.88B	19.9B	21.6B
Interest Income On Investments	117M	43M	265M	808M	1.05B
Interest Income, Total	16.07B	15.27B	17.15B	20.71B	22.64B
Interest On Deposits	1.09B	566M	1.01B	2.95B	3.81B
Total Interest On Borrowings	571M	466M	513M	759M	828M
Interest Expense, Total	1.66B	1.03B	1.52B	3.71B	4.63B
Net Interest Income	14.4B	14.24B	15.62B	17B	18.01B
Gain (Loss) on Sale of Assets	-	-	-	-	1.07B
Total Other Non Interest Income	-3.24B	-4.05B	-3.95B	-3.37B	-2.96B
Non Interest Income, Total	-3.24B	-4.05B	-3.95B	-3.37B	-1.89B
Revenues Before Provison For Loan Losses	11.16B	10.19B	11.67B	13.63B	16.12B
Provision For Loan Losses	5.31B	726M	3.38B	5.96B	6.73B
Total Revenues	5.85B	9.47B	8.3B	7.66B	9.39B
Salaries And Other Employee Benefits	1.34B	1.5B	1.68B	1.84B	1.87B
Selling General & Admin Expenses, Total	1.7B	1.82B	1.94B	2.08B	2.26B
Total Other Non Interest Expense	596M	540M	541M	505M	512M
Non Interest Expense, Total	3.63B	3.86B	4.16B	4.43B	4.65B
EBT, Excl. Unusual Items	2.22B	5.61B	4.14B	3.24B	4.74B
Restructuring Charges	-87M	-	-	-43M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-334M	-104M	-173M	-288M	-192M
EBT, Incl. Unusual Items	1.8B	5.5B	3.96B	2.9B	4.55B
Income Tax Expense	412M	1.28B	946M	666M	1.05B
Earnings From Continuing Operations	1.38B	4.22B	3.02B	2.24B	3.5B
Net Income to Company	1.38B	4.22B	3.02B	2.24B	3.5B
Net Income - (IS)	1.38B	4.22B	3.02B	2.24B	3.5B
Preferred Dividend and Other Adjustments	42M	42M	42M	42M	72M
Net Income to Common Incl Extra Items	1.34B	4.18B	2.97B	2.2B	3.43B
Net Income to Common Excl. Extra Items	1.34B	4.18B	2.97B	2.2B	3.43B
Per Share Items
Net EPS - Basic	2.28	7.4	6.19	5.21	8.64
Basic EPS - Continuing Operations	2.28	7.4	6.19	5.21	8.64
Basic Weighted Average Shares Outstanding	589M	565M	480M	421M	396M
Net EPS - Diluted	2.27	7.34	6.15	5.19	8.55
Diluted EPS - Continuing Operations	2.27	7.34	6.15	5.19	8.55
Diluted Weighted Average Shares Outstanding	591M	569M	483M	424M	401M
Normalized Basic EPS	2.35	6.21	5.38	4.8	7.48
Normalized Diluted EPS	2.35	6.16	5.35	4.77	7.4
Dividend Per Share	0.88	0.88	0.9	0.96	1
Payout Ratio	40.58	12.84	15.78	20.02	13.43
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	22.93	23.3	23.88	22.93	23.15
Current Domestic Taxes	1.01B	1.06B	1.36B	1.11B	1.14B
Current Foreign Taxes	4M	5M	5M	10M	7M
Total Current Taxes	1.01B	1.06B	1.37B	1.12B	1.15B
Deferred Domestic Taxes	-601M	220M	-423M	-457M	-97M
Deferred Foreign Taxes	-1M	-1M	2M	-1M	-1M
Total Deferred Taxes	-602M	219M	-421M	-458M	-98M
Normalized Net Income	1.39B	3.5B	2.58B	2.02B	2.97B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	11.52B	8.34B	10.29B	14.26B	14.71B
Investment Securities, Total	3.97B	2.25B	3.88B	2.28B	3.73B
Mortgage Backed Securities	613M	461M	318M	354M	289M
Total investments	4.58B	2.71B	4.2B	2.64B	4.02B
Gross Loans	81.87B	80.74B	92.47B	103B	105B
Allowance For Loan Losses	-10.26B	-8.69B	-9.53B	-10.57B	-10.93B
Net Loans	71.6B	72.05B	82.94B	92.42B	93.79B
Goodwill	1.08B	1.1B	1.1B	1.02B	1.27B
Other Intangibles, Total	1.12B	1.17B	1.29B	815M	854M
Loans Held For Sale	5M	4.36B	-	-	-
Restricted Cash	81M	349M	136M	50M	44M
Other Current Assets, Total	-	-	-	256M	-
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	2.29B
Deferred Charges Long-Term	-	-	-	498M	-
Other Long-Term Assets, Total	5.95B	5.67B	4.6B	5.53B	2.48B
Total Assets	95.95B	95.75B	105B	117B	119B
Liabilities
Accrued Expenses, Total	4.46B	5.09B	5.6B	4.26B	3.39B
Interest Bearing Deposits	62.47B	56.91B	64.14B	70.79B	70.46B
Institutional Deposits	-	5B	7.2B	10B	11.2B
Non-Interest Bearing Deposits	313M	359M	399M	364M	398M
Total Deposits	62.78B	62.27B	71.74B	81.15B	82.06B
Current Portion of Long-Term Debt	-	749M	-	-	-
Long-Term Debt	15.78B	13.76B	14.19B	15.98B	15.46B
Other Current Liabilities - (Bank / Utility Template)	-	-	-	107M	-
Unearned Revenue Non Current	-	-	-	1.9B	1.8B
Pension & Other Post Retirement Benefits	234M	228M	163M	171M	165M
Other Non Current Liabilities	-	-	-	7M	-
Total Liabilities	83.25B	82.09B	91.69B	104B	103B
Preferred Stock Redeemable	734M	734M	734M	734M	1.22B
Total Preferred Equity	734M	734M	734M	734M	1.22B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	9.57B	9.67B	9.72B	9.78B	9.85B
Retained Earnings	10.62B	14.24B	16.72B	18.66B	21.64B
Treasury Stock	-8.17B	-10.92B	-14.17B	-15.2B	-16.07B
Comprehensive Income and Other	-51M	-69M	-125M	-68M	-59M
Total Common Equity	11.97B	12.92B	12.14B	13.17B	15.36B
Total Equity	12.7B	13.66B	12.87B	13.9B	16.58B
Total Liabilities And Equity	95.95B	95.75B	105B	117B	119B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	584M	521M	437M	407M	389M
ECS Total Common Shares Outstanding	584M	527M	438M	407M	388M
Book Value / Share	20.49	24.53	27.7	32.37	39.56
Tangible Book Value	9.76B	10.65B	9.75B	11.34B	13.23B
Tangible Book Value Per Share	16.72	20.21	22.24	27.86	34.08
Average Assets	97.74B	94.11B	98.15B	110B	119B
Average Loans	80.14B	78.93B	84.67B	94.83B	102B
Total Debt	15.78B	14.51B	14.19B	15.98B	15.46B
Net Debt	4.25B	6.17B	3.9B	1.72B	751M
Equity Method Investments, Total	-	-	-	-	816M
Full Time Employees	16.5K	18K	18.5K	20K	20K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.38B	4.22B	3.02B	2.24B	3.5B
Depreciation, Depletion & Amortization	56M	51M	57M	164M	157M
Amortization of Goodwill and Intangible Assets - (CF)	327M	339M	362M	294M	324M
Total Depreciation, Depletion & Amortization	383M	390M	419M	458M	481M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-1.07B
Provision for Credit Losses	5.31B	726M	3.38B	5.96B	6.73B
Changes in Accrued Interest Receivable	339M	424M	-197M	-645M	33M
Change in Other Net Operating Assets (Collected)	-48M	597M	-72M	300M	-238M
Other Operating Activities	118M	741M	153M	277M	409M
Cash from Operations	7.49B	7.1B	6.69B	8.59B	9.85B
Cash Acquisitions	-	-	-	-	-1.94B
Divestitures	-	-	-	-	491M
Investment in Marketable and Equity Securities, Total	-1.53B	2.09B	118M	1.39B	805M
Net (Increase) Decrease in Loans Originated / Sold - Investing	1.42B	-6.36B	-9.8B	-14.9B	-7.58B
Other Investing Activities, Total	-390M	-549M	-549M	-722M	-688M
Cash from Investing	-498M	-4.81B	-10.23B	-14.23B	-8.9B
Long-Term Debt Issued, Total	675M	3.1B	4.96B	3.03B	2.44B
Total Debt Issued	675M	3.1B	4.96B	3.03B	2.44B
Long-Term Debt Repaid, Total	-4.78B	-4.39B	-5.28B	-1.26B	-2.98B
Total Debt Repaid	-4.78B	-4.39B	-5.28B	-1.26B	-2.98B
Repurchase of Common Stock	-985M	-2.88B	-3.32B	-1.11B	-1.01B
Issuance of Preferred Stock	-	-	-	-	488M
Common Dividends Paid	-520M	-500M	-434M	-406M	-398M
Preferred Dividends Paid	-42M	-42M	-42M	-42M	-72M
Common & Preferred Stock Dividends Paid	-562M	-542M	-476M	-448M	-470M
Net Increase (Decrease) in Deposit Accounts - (CF)	-2.37B	-534M	9.45B	9.44B	879M
Other Financing Activities, Total	-7M	29M	-44M	-22M	36M
Cash from Financing	-8.03B	-5.2B	5.28B	9.63B	-611M
Net Change in Cash	-1.04B	-2.92B	1.74B	3.99B	334M
Supplemental Items
Cash Interest Paid	1.69B	1.03B	1.36B	3.55B	4.66B
Cash Income Tax Paid (Refund)	847M	1.11B	1.29B	1.12B	1.09B
Net Debt Issued / Repaid	-4.11B	-1.28B	-329M	1.78B	-536M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.38	4.4	3.01	2.02	2.95
Return On Equity %	9.97	32.03	22.74	16.72	22.96
Return on Common Equity	10.2	33.58	23.74	17.35	24.03
Shareholders Value Added	187M	3.07B	1.87B	1.04B	2.11B
Margin Analysis
SG&A Margin	51.91	35.06	43.66	51.19	44.03
Net Interest Income / Total Revenues %	246.1	150.42	188.28	221.86	191.77
EBT Excl. Non-Recurring Items Margin %	37.9	59.23	49.83	42.22	50.52
Income From Continuing Operations Margin %	23.67	44.59	36.34	29.21	37.26
Net Income Margin %	23.67	44.59	36.34	29.21	37.26
Net Avail. For Common Margin %	22.95	44.15	35.84	28.66	36.49
Normalized Net Income Margin	23.69	37.02	31.14	26.39	31.58
Asset quality
Nonperforming Loans / Total Loans %	1.4	1.17	1.69	2.28	2.4
Nonperforming Loans / Total Assets %	1.19	0.98	1.49	2	2.1
Nonperforming Assets / Total Assets %	1.19	0.98	1.49	2	2.1
NPAs / Loans and OREO	1.4	1.17	1.69	2.28	2.4
NPAs / Equity	9	6.9	12.13	16.92	15.15
Allowance for Credit Losses / Net Charge-offs %	279.85	377.08	375.67	228.81	170.23
Allowance for Credit Losses / Nonperforming Loans %	898.08	922.29	609.92	449.26	435.07
Allowance for Credit Losses / Total Loans %	12.54	10.76	10.3	10.26	10.44
Net Charge-offs / Total Average Loans %	4.58	2.92	3	4.87	6.31
Provision for Loan Losses / Net Charge-offs %	144.77	31.51	133.08	129.11	104.88
Earning Assets / IBL	125.07	128.13	125.93	124.09	124.38
Interest Income / Average Assets	16.44	16.23	17.47	18.86	18.97
Interest Expense / Average Assets	1.7	1.1	1.55	3.38	3.88
Net Interest Income / Average Assets	14.74	15.13	15.92	15.48	15.09
Non Interest Income / Average Assets	-3.31	-4.3	-4.03	-3.07	-1.58
Non Interest Expense / Average Asset	3.72	4.1	4.24	4.03	3.89
Capital And Funding
Total Average Common Equity / Total Average Assets %	13.11	12.98	12.51	11.4	12.04
Total Average Equity / Total Average Assets %	13.84	13.75	13.24	12.06	12.87
Total Equity + Allowance for Loan Losses / Total Loans %	28.05	27.67	24.22	23.76	26.27
Gross Loans / Total Deposits %	130.4	129.66	128.9	126.91	127.61
Net Loans / Total Deposits %	114.05	115.71	115.62	113.88	114.29
Tier 1 Capital Ratio %	16.8	16.5	13.6	12.9	14.5
Total Capital Ratio %	18.1	17.8	15	14.9	16.5
Core Tier 1 Capital Ratio	15.9	15.6	12.8	12.2	13.3
Tier 2 Capital Ratio	1.34	1.32	1.33	2.06	2.06
Leverage Ratio %	14	14.7	12.3	11.7	12.9
Fixed Charges Coverage
EBT + Interest on Borrowings / Interest on Borrowings	4.15	12.81	8.72	4.83	6.5
EBT + Interest Expense / Interest Expense	2.08	6.33	3.6	1.78	1.98
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-14.27	-1.13	9.73	8.79	5.95
Non Interest Income, 1 Yr. Growth %	-7.08	24.91	-2.37	-14.65	-44.07
Provision For Loan Losses, 1 Yr. Growth %	27.03	-86.33	364.88	76.74	12.88
Total Revenues, 1 Yr. Growth %	-35.92	61.76	-12.33	-7.68	22.58
Earnings From Cont. Operations, 1 Yr. Growth %	-63.04	204.77	-28.55	-25.8	56.34
Net Income, 1 Yr. Growth %	-63.04	204.77	-28.55	-25.8	56.34
Normalized Net Income, 1 Yr. Growth %	-57.02	158.15	-26.25	-21.77	46.68
Diluted EPS Before Extra, 1 Yr. Growth %	-59.17	223.35	-16.21	-15.61	64.74
Dividend Per Share, 1 Yr. Growth %	2.33	0	2.27	6.67	4.17
Gross Loans, 1 Yr. Growth %	-6.13	-1.38	14.53	11.37	1.68
Allowance For Loan Losses, 1 Yr. Growth %	83.24	-15.36	9.66	10.96	3.39
Net Loans, 1 Yr. Growth %	-12.27	0.63	15.12	11.42	1.49
Non Performing Loans, 1 Yr. Growth %	-39.04	-17.59	65.82	50.64	6.76
Non Performing Assets, 1 Yr. Growth %	-39.04	-17.59	65.82	50.64	6.76
Total Assets, 1 Yr. Growth %	-8.47	-0.21	9.21	12.35	1.69
Total Deposits, 1 Yr Growth %	-3.64	-0.82	15.2	13.13	1.12
Tangible Book Value, 1 Yr. Growth %	-18.71	9.05	-8.46	10.14	16.71
Average Interest Earning Assets, 1 Yr. Growth %	-5.29	-4.2	3.54	12.19	8.75
Average Interest Bearing Liabilities, 1 Yr. Growth %	-6.29	-6.49	5.35	13.85	8.49
Common Equity, 1 Yr. Growth %	-16.63	7.97	-6.05	8.48	16.62
Total Equity, 1 Yr. Growth %	-15.82	7.51	-5.73	8	19.25
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	-5.47	-7.93	4.16	9.26	7.36
Non Interest Income, 2 Yr. CAGR %	6.92	7.73	10.43	-8.72	-30.91
Provision For Loan Losses, 2 Yr. CAGR %	-2.14	-58.32	-20.28	186.64	41.24
Total Revenues, 2 Yr. CAGR %	-13.04	1.81	19.09	-10.03	6.38
Earnings From Cont. Operations, 2 Yr. CAGR %	-29.54	6.14	47.57	-27.18	7.71
Net Income, 2 Yr. CAGR %	-29.54	6.14	47.57	-27.18	7.71
Normalized Net Income, 2 Yr. CAGR %	-24.42	4.24	39.3	-24.04	7.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.09	14.9	64.6	-15.91	17.91
Dividend Per Share, 2 Yr. CAGR %	10.55	1.16	1.13	4.45	5.41
Gross Loans, 2 Yr. CAGR %	-6.25	-3.78	6.28	12.94	6.42
Allowance For Loan Losses, 2 Yr. CAGR %	26.38	24.53	-3.66	10.31	7.11
Net Loans, 2 Yr. CAGR %	-9.13	-6.04	7.63	13.25	6.34
Non Performing Loans, 2 Yr. CAGR %	-26.59	-29.12	16.9	58.05	26.81
Non Performing Assets, 2 Yr. CAGR %	-26.59	-29.12	16.9	58.05	26.81
Total Assets, 2 Yr. CAGR %	-5.21	-4.43	4.39	10.77	6.89
Total Deposits, 2 Yr CAGR %	-0.97	-2.24	6.89	14.16	6.96
Tangible Book Value, 2 Yr. CAGR %	-11.68	-5.84	-0.09	3.18	13.38
Average Interest Earning Assets, 2 Yr. CAGR %	-0.06	-4.74	-0.4	7.78	10.45
Average Interest Bearing Liabilities, 2 Yr. CAGR %	-0.35	-6.39	-0.74	9.52	11.14
Common Equity, 2 Yr. CAGR %	-9.71	-5.12	0.72	0.96	12.48
Total Equity, 2 Yr. CAGR %	-6.98	-4.87	0.67	0.9	13.49
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	-1.38	-4.05	-2.39	5.68	8.15
Non Interest Income, 3 Yr. CAGR %	6.94	12.61	4.25	1.34	-22.47
Provision For Loan Losses, 3 Yr. CAGR %	0.09	-49.22	-6.88	3.95	110.1
Total Revenues, 3 Yr. CAGR %	-6.11	6.94	-3.14	9.4	-0.26
Earnings From Cont. Operations, 3 Yr. CAGR %	-10.55	14.8	-6.98	17.35	-6.06
Net Income, 3 Yr. CAGR %	-10.55	14.8	-6.98	17.35	-6.06
Normalized Net Income, 3 Yr. CAGR %	-15.2	13.03	-7.12	14.93	-5.41
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.11	25.2	3.42	31.74	5.22
Dividend Per Share, 3 Yr. CAGR %	16.26	6.92	1.53	2.94	4.35
Gross Loans, 3 Yr. CAGR %	-0.03	-4.65	1.97	7.95	9.06
Allowance For Loan Losses, 3 Yr. CAGR %	22.57	10.57	19.36	0.98	7.95
Net Loans, 3 Yr. CAGR %	-2.13	-5.99	0.54	8.88	9.19
Non Performing Loans, 3 Yr. CAGR %	-25.9	-23.7	-5.91	27.21	38.67
Non Performing Assets, 3 Yr. CAGR %	-25.9	-23.7	-5.91	27.21	38.67
Total Assets, 3 Yr. CAGR %	0.05	-3.57	-0.08	6.98	7.66
Total Deposits, 3 Yr CAGR %	3.58	-0.92	3.26	8.93	9.64
Tangible Book Value, 3 Yr. CAGR %	-7.89	-5.25	-6.73	5.1	7.51
Average Interest Earning Assets, 3 Yr. CAGR %	3.15	-1.46	-2.06	3.63	8.1
Average Interest Bearing Liabilities, 3 Yr. CAGR %	3.2	-2.44	-2.63	3.9	9.17
Common Equity, 3 Yr. CAGR %	-5.62	-4.16	-5.43	3.24	5.93
Total Equity, 3 Yr. CAGR %	-3.73	-2.38	-5.15	3.06	6.68
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	3.56	1.03	0.8	1.07	1.4
Non Interest Income, 5 Yr. CAGR %	6.67	9.61	8.32	3.54	-11.57
Provision For Loan Losses, 5 Yr. CAGR %	12.46	-28.87	-8.62	1.47	10
Total Revenues, 5 Yr. CAGR %	-2.94	6.26	3.25	-0.2	0.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-8.96	13.4	9.28	-4.31	-1.36
Net Income, 5 Yr. CAGR %	-8.96	13.4	9.28	-4.31	-1.36
Normalized Net Income, 5 Yr. CAGR %	-9.97	8.25	2.6	-3.59	-1.66
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.05	22.05	20.51	6.77	8.99
Dividend Per Share, 5 Yr. CAGR %	-	27.62	9.95	5.92	3.06
Gross Loans, 5 Yr. CAGR %	3.69	1.13	2.45	2.03	3.73
Allowance For Loan Losses, 5 Yr. CAGR %	24.03	14.87	11.32	10.46	14.3
Net Loans, 5 Yr. CAGR %	2.02	0.02	1.66	1.28	2.82
Non Performing Loans, 5 Yr. CAGR %	-10.45	-16.7	-11.07	2.1	6.02
Non Performing Assets, 5 Yr. CAGR %	-10.45	-16.7	-11.07	2.1	6.02
Total Assets, 5 Yr. CAGR %	2.7	1.2	1.76	1.93	2.65
Total Deposits, 5 Yr CAGR %	7.68	3.65	4.9	4.86	4.72
Tangible Book Value, 5 Yr. CAGR %	-2.27	-3.21	-4.84	-1.96	1.95
Average Interest Earning Assets, 5 Yr. CAGR %	5.73	2.82	1.71	2.14	2.77
Average Interest Bearing Liabilities, 5 Yr. CAGR %	5.37	2.28	1.61	2.18	2.66
Common Equity, 5 Yr. CAGR %	-1.03	-1.86	-3.13	-2.15	1.36
Total Equity, 5 Yr. CAGR %	0.15	-0.77	-1.99	-1.08	1.9