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Credit CardReceivables$5,152M (1.92%↑ Y/Y)Consumer Loan$188M (-10.90%↓ Y/Y)Commercial PortfolioSegment$72M (60.00%↑ Y/Y)Unallocated FinancingReceivables$1M (0.00%↑ Y/Y)Interest and fees on loans(note 4)$5,413M (1.90%↑ Y/Y)Interest on cash and debtsecurities$190M (-20.17%↓ Y/Y)Total interest income$5,603M (0.95%↑ Y/Y)Net interest income$4,635M (3.83%↑ Y/Y)Interchange revenue$264M (10.92%↑ Y/Y)Total interestexpense$968M (-10.87%↓ Y/Y)Protection product revenue$161M (9.52%↑ Y/Y)Other$69M (-8.00%↓ Y/Y)Net interestincome, after retailer...$2,230M (7.31%↑ Y/Y)Total other income$133M (-10.74%↓ Y/Y)Provision for creditlosses (note 4)$1,335M (-10.46%↓ Y/Y)Retailer sharearrangements$1,070M (19.55%↑ Y/Y)Loyalty programs$361M (16.08%↑ Y/Y)Interest on deposits$770M (-12.70%↓ Y/Y)Interest on borrowings ofconsolidated securitization...$106M (1.92%↑ Y/Y)Interest on senior andsubordinated unsecured notes$92M (-8.00%↓ Y/Y)Earnings beforeprovision for income taxes$1,047M (6.40%↑ Y/Y)Total other expense$1,316M (5.87%↑ Y/Y)Net earnings$805M (6.34%↑ Y/Y)Provision for income taxes(note 12)$242M (6.61%↑ Y/Y)Employee costs$515M (1.78%↑ Y/Y)Information processing$262M (19.63%↑ Y/Y)Other$216M (16.76%↑ Y/Y)Professional fees$209M (-3.69%↓ Y/Y)Marketing and businessdevelopment$114M (-1.72%↓ Y/Y)
Income Statement

Synchrony Financial (SYF-PB)

Synchrony Financial (SYF-PB)

source: myfinsight.com