Synchrony Financial

10-K & 10-Q Filings

Synchrony Financial is a premier consumer financial services company that provides comprehensive payments and financing solutions through a broad network of partners and merchants across various industries, including home improvement, furniture, automotive, digital, retail, healthcare, and lifestyle. The company's business model aligns the interests of its partners and provides substantial value to both partners and customers. Synchrony operates through a single business segment and manages its credit products through five sales platforms: Home & Auto, Digital, Diversified & Value, Health & Wellness, and Lifestyle. The company's revenue primarily comes from interest and fees on loan receivables and merchant discounts paid by partners for promotional financing. Synchrony's website is www.synchrony.com, and its stock ticker is SYF.

12 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$5828.00
6403.00
6642.00
6783.00
7474.00
8761.00
5447.00
8985.00
7919.00
7373.00
1844.00
1757.00
2.65%-4.72%Net Interest Income (+)
$11320.00
12093.00
13530.00
15016.00
16118.00
8390.00
14402.00
14239.00
15625.00
16999.00
4051.00
4405.00
4.62%8.74%Interest Expense (-)
$922.00
1135.00
1248.00
1391.00
1870.00
2291.00
1665.00
1032.00
1521.00
3711.00
735.00
1163.00
16.73%58.23%Non Interest Income (+)
$-5492.00
-5690.00
-6888.00
-8233.00
-8644.00
371.00
-8955.00
-5254.00
-7706.00
-9626.00
-2207.00
-2648.00
-19.98%Operating Expenses (-)
$2927.00
3264.00
3416.00
3747.00
4095.00
4245.00
4055.00
3963.00
4337.00
4758.00
1119.00
1206.00
5.55%7.77%Operating Income/Loss (+)
$2901.00
3139.00
3226.00
3036.00
3379.00
4516.00
1392.00
5022.00
3582.00
2615.00
725.00
551.00
-1.15%-24.00%Provision for Loan Loss (-)
$2917.00
2952.00
3986.00
5296.00
5545.00
4180.00
5310.00
726.00
3375.00
5965.00
1290.00
1884.00
8.27%46.05%Earnings before Tax (+)
$3386.00
3531.00
3570.00
3324.00
3644.00
4887.00
1797.00
5503.00
3962.00
2904.00
790.00
1708.00
-1.69%116.20%Tax Expense (-)
$1277.00
1317.00
1319.00
1389.00
854.00
1140.00
412.00
1282.00
946.00
666.00
189.00
415.00
-6.98%119.58%Income/Loss (Continuing Operations) (+)
$2109.00
2214.00
2251.00
1935.00
2790.00
3747.00
1385.00
4221.00
3016.00
2238.00
601.00
1293.00
0.66%115.14%Net Income/Loss (+)
$2109.00
2214.00
2251.00
1935.00
2790.00
3747.00
1385.00
4221.00
3016.00
2238.00
601.00
1293.00
0.66%115.14%Net Income/Loss (Common) (+)
$2109.00
2214.00
2251.00
1935.00
2790.00
3747.00
1343.00
4179.00
2974.00
2196.00
590.00
1282.00
0.45%117.29%EPS (Basic)
$2.78
2.66
2.71
2.43
3.76
5.59
2.28
7.40
6.19
5.21
1.36
3.17
7.23%133.09%EPS (Diluted)
$2.78
2.65
2.71
2.42
3.74
5.56
2.27
7.34
6.15
5.19
1.35
3.14
7.18%132.59%Weighted Avg Shares (Basic)
833.76
833.83
810.79
760.22
709.86
613.48
583.88
521.27
437.04
406.84
428.57
401.54
-7.66%-6.31%Cash
$11828.00
12325.00
9321.00
11602.00
9396.00
12147.00
11524.00
8337.00
10294.00
14259.00
15303.00
20021.00
2.10%30.83%Securities & Long-term Investments
$58050.00
64793.00
71993.00
76373.00
86712.00
81613.00
71602.00
72052.00
82943.00
92417.00
81612.00
90828.00
5.30%11.29%Goodwill & Intangibles
$1468.00
1650.00
1661.00
1740.00
2161.00
2343.00
2203.00
2273.00
2392.00
1833.00
2402.00
1873.00
2.50%-22.02%Other Assets
$4361.00
5367.00
7232.00
6093.00
8523.00
8723.00
10619.00
13086.00
8935.00
8970.00
8536.00
8451.00
8.34%-1.00%Assets (Total)
$75707.00
84135.00
90207.00
95808.00
106792.00
104826.00
95948.00
95748.00
104564.00
117479.00
107853.00
121173.00
5.00%12.35%Deposits
$34955.00
43447.00
52055.00
56488.00
64019.00
65154.00
62782.00
62270.00
71735.00
81153.00
74425.00
83554.00
9.81%12.27%Debt (Non-current)
$27460.00
24344.00
20147.00
20799.00
23996.00
19866.00
15775.00
14507.00
14191.00
15982.00
14934.00
16133.00
-5.84%8.03%Other Liabilities
$2814.00
3740.00
3809.00
4287.00
4099.00
4718.00
4690.00
5316.00
5765.00
6441.00
5301.00
6204.00
9.64%17.03%Liabilities (Total)
$65229.00
71531.00
76011.00
81574.00
92114.00
89738.00
83247.00
82093.00
91691.00
103576.00
94660.00
105891.00
5.27%11.86%Treasury Stock
$
475.00
1957.00
3729.00
7243.00
8174.00
10925.00
14171.00
15201.00
14514.00
15430.00
6.31%Retained Earnings
$1079.00
3293.00
5330.00
6809.00
8986.00
12117.00
10621.00
14245.00
16716.00
18662.00
17369.00
19790.00
37.26%13.94%AOCI
$-10.00
-41.00
-53.00
-64.00
-62.00
-58.00
-51.00
-69.00
-125.00
-68.00
-102.00
-69.00
32.35%Shareholder's Equity
$10478.00
12604.00
14196.00
14234.00
14678.00
15088.00
12701.00
13655.00
12873.00
13903.00
13193.00
15282.00
3.19%15.83%Liabilities & Equity
$75707.00
84135.00
90207.00
95808.00
106792.00
104826.00
95948.00
95748.00
104564.00
117479.00
107853.00
121173.00
5.00%12.35%Net Income/Loss
$2109.00
2214.00
2251.00
1935.00
2790.00
3747.00
1385.00
4221.00
3016.00
2238.00
601.00
1293.00
0.66%115.14%Depreciation & Amortization
$131.00
174.00
219.00
254.00
302.00
367.00
383.00
390.00
419.00
458.00
111.00
119.00
14.92%7.21%Increase/Decrease in Working Capital
$-318.00
-1302.00
-407.00
-1344.00
-1038.00
-1064.00
-672.00
-1119.00
-502.00
-1035.00
-6.00
4.00
166.67%Adjustments to Reconcile Net Income
$3231.00
3970.00
4572.00
6981.00
6552.00
5243.00
6102.00
2878.00
3678.00
6355.00
1285.00
955.00
7.81%-25.68%Net Cash (Operating)
$5340.00
6184.00
6823.00
8916.00
9342.00
8990.00
7487.00
7099.00
6694.00
8593.00
1886.00
2248.00
5.43%19.19%Capital Expenditure
$
1444.00
Net Cash (Investing)
$-10068.00
-10803.00
-13320.00
-9410.00
-19036.00
-261.00
-498.00
-4814.00
-10234.00
-14234.00
692.00
798.00
15.32%Increase/Decrease in Debt
$12133.00
5156.00
4188.00
4723.00
10689.00
-3030.00
-6477.00
-1815.00
9124.00
11214.00
3460.00
2543.00
-0.87%-26.50%Increase/Decrease in Equity
$2842.00
-476.00
-1497.00
-1868.00
-2884.00
-985.00
-2876.00
-3320.00
-1112.00
-404.00
188.00
146.53%Interest Expenses
$839.00
1040.00
1160.00
1350.00
1815.00
2272.00
1691.00
1034.00
1356.00
3551.00
17.39%Dividends Paid
$
214.00
446.00
534.00
581.00
562.00
542.00
476.00
448.00
111.00
113.00
1.80%Net Cash (Financing)
$14237.00
10232.00
3493.00
2775.00
8253.00
-6458.00
-8031.00
-5204.00
5284.00
9632.00
2912.00
2604.00
-4.25%-10.58%Cash Taxes Paid
$1787.00
1219.00
1771.00
754.00
772.00
1017.00
847.00
1112.00
1290.00
1125.00
-5.01%Increase/Decrease in Cash
$9509.00
497.00
-3004.00
2281.00
-1441.00
2271.00
-1042.00
-2919.00
1744.00
3991.00
5490.00
5650.00
-9.20%2.91%Cash (Beginning)
$2319.00
11828.00
12325.00
9321.00
11817.00
10376.00
12647.00
11605.00
8686.00
10430.00
10430.00
14421.00
18.18%38.26%Cash (Ending)
$11828.00
12325.00
9321.00
11602.00
10376.00
12647.00
11605.00
8686.00
10430.00
15920.00
20071.00
26.07%NOPAT
$1369.96
2055.33
1625.65
2347.33
2663.14
3576.21
735.89
4007.20
2415.73
1601.96
551.55
417.12
1.75%-24.37%Operating Margin %
49.78%
49.02%
48.57%
44.76%
45.21%
51.55%
25.56%
55.89%
45.23%
35.47%
39.32%
31.36%
NOPAT Margin %
23.51%
32.10%
24.48%
34.61%
35.63%
40.82%
13.51%
44.60%
30.51%
21.73%
29.91%
23.74%
Net Margin %
36.19%
34.58%
33.89%
28.53%
37.33%
42.77%
25.43%
46.98%
38.09%
30.35%
32.59%
73.59%
Tax Rate %
52.78%
34.52%
49.61%
22.68%
21.19%
20.81%
47.13%
20.21%
32.56%
38.74%
23.92%
24.30%
ROA
1.81%
2.44%
1.80%
2.45%
2.49%
3.41%
0.77%
4.19%
2.31%
1.36%
0.51%
0.34%
ROE
13.07%
16.31%
11.45%
16.49%
18.14%
23.70%
5.79%
29.35%
18.77%
11.52%
4.18%
2.73%
Equity Multiplier
7.23
6.68
6.35
6.73
7.28
6.95
7.55
7.01
8.12
8.45
8.18
7.93
Debt/Equity Ratio
5.96
5.38
5.09
5.43
6.00
5.63
6.19
5.62
6.67
6.99
6.77
6.52
Dividend Payout Ratio %
13.16%
19.00%
20.05%
16.25%
76.37%
13.53%
19.70%
27.97%
20.13%
27.09%
Total Payout
$-2842.00
690.00
1943.00
2402.00
3465.00
1547.00
3418.00
3796.00
1560.00
515.00
-75.00
-114.56%Payout Ratio %
-207.45%
42.44%
82.77%
90.19%
96.89%
210.22%
85.30%
157.14%
97.38%
93.37%
-17.98%