Synchrony Financial
SYF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| psl | LOCK|&k | LOCK|#&V>fKy |
Synchrony Earnings: Stabilizing Credit Costs Support Earnings, but Loan Growth Comes In Light
Synchrony Financial reported solid first-quarter results, with earnings per share rising to $1.89 from an adjusted $1.18 last year. This quarter's net income was supported by a $97 million credit reserve release and translates to an 18.4% return on equity.
