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Stock impact report

Synchrony Financial: More Buybacks And A Dividend Hike Highlight A Solid Q1 [Seeking Alpha]

Synchrony Financial (SYF) 
Last synchrony financial earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
SYF Q1 EPS rose 20% to $2.27, with net interest margin expanding to 15.5% and loan yields at 21.8%. Credit quality is stable: charge-offs declined to 5.42%, reserves are robust at 10.4% of loans, and delinquencies remain flat. Aggressive capital returns continue with a new $6.5B SYF buyback plan, a 13% dividend hike, and guidance reaffirmed for $9.10–$9.50 EPS. J. Michael Jones/iStock Editorial via Getty Images Shares of Synchrony Financial ( SYF ) have been a strong performer over the past year, gaining 66%. Consumer credit trends have proven resilient as employment has remained fairly strong, which has supported solid profitability. At the Show less Read more
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