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Friday, January 22, 2016

Synchrony Financial (SYF) reported 4Q earnings on Fri 22 Jan 2016 (b/o)

** charts before earnings **


** charts after earnings **


Synchrony Financial beats by $0.02  :
  • Reports Q4 (Dec) earnings of $0.65 per share, $0.02 better than the Capital IQ Consensus of $0.63; platform revenues rose 4.8% year/year to $2.85 bln. 
  • Return on assets was 2.6% and return on equity was 17.5%. Net interest margin increased 13 basis points to 15.73% due mainly to an improvement in interest-earning asset yields that resulted from carrying a higher mix of receivables versus lower-yielding liquidity.

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