Synchrony Financial (SYF) Declares $0.21 Quarterly Dividend; 2.8% Yield
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Synchrony Financial (SYF) Tops Q2 EPS by 10c, Miss on Revenues
July 27, 2018 6:32 AM EDTSynchrony Financial (NYSE: SYF) reported Q2 EPS of $0.92, $0.10 better than the analyst estimate of $0.82. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.83 billion.
Net interest income increased 3% from the second quarter of 2017 to $3.7 billionLoan receivables grew $3 billion, or 5%, from the second quarter of 2017 to $79 billionPurchase volume increased 2% from the second quarter of 2017 to $34 billionDeposits grew $6 billion, or 12%, from the second quarter of 2017 to $59 billionClosed the PayPal transaction on July 2, 2018, acquiring... More