MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

Income Statement
Synchrony Financial (SYF)
source: myfinsight.com
DownloadDownload image
Interest on cash and debtsecurities$258M (-8.19%↓ Y/Y)Interest and fees on loans(note 5)$5,328M (0.51%↑ Y/Y)Total interest income$5,586M (0.07%↑ Y/Y)Net interest income$4,521M (2.63%↑ Y/Y)Protection product revenue$144M (15.20%↑ Y/Y)Total interestexpense$1,065M (-9.52%↓ Y/Y)Interchange revenue$268M (1.90%↑ Y/Y)Other (note 3)$66M (-12.00%↓ Y/Y)Net interestincome, after retailer...$2,383M (25.16%↑ Y/Y)Total other income$118M (0.85%↑ Y/Y)Retailer sharearrangements$992M (22.47%↑ Y/Y)Provision for creditlosses (note 5)$1,146M (-32.23%↓ Y/Y)Loyalty programs$360M (4.05%↑ Y/Y)Interest on senior andsubordinated unsecured notes$106M (6.00%↑ Y/Y)Interest on borrowings ofconsolidated securitization...$104M (-5.45%↓ Y/Y)Interest on deposits$855M (-11.58%↓ Y/Y)Earnings beforeprovision for income taxes$1,256M (48.82%↑ Y/Y)Total other expense$1,245M (5.78%↑ Y/Y)Net earnings$967M (50.39%↑ Y/Y)Provision for income taxes(note 13)$289M (43.78%↑ Y/Y)Marketing and businessdevelopment$127M (-1.55%↓ Y/Y)Information processing$215M (3.86%↑ Y/Y)Employee costs$509M (17.28%↑ Y/Y)Other$158M (-7.60%↓ Y/Y)Professional fees$236M (0.00%↑ Y/Y)