Synchrony Financial
SYF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !% | LOCK|Wtj | LOCK|tGdS#<< |
Synchrony Earnings: Good Credit Results and Net Interest Margin Expansion Drive Strong Earnings
Synchrony reported impressive third-quarter results with earnings per share rising to $2.86 from $1.94 last year, which translates to a return on equity of 25.1%. Flat revenue was more than offset by lower credit costs, which fell $451 million, as consumer credit quality improves industrywide.
