Synchrony Financial 4Q 2016 Earnings Results

Synchrony Financial presented fourth quarter 2016 financial results on January 20, 2017, reporting net earnings of $576 million with $0.70 diluted EPS. Key performance metrics include 9% purchase volume growth, 12% loan receivables growth, and 13% net interest income growth, with deposits increasing $8.7 billion to comprise 72% of funding. The company demonstrated strong capital ratios with 17.2% CET1 and maintained $13.6 billion in liquid assets while returning capital through dividends and share repurchases.