GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYF) » Definitions » Net Interest Income (for Banks)

Synchrony Financial (Synchrony Financial) Net Interest Income (for Banks) : $17,353 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Synchrony Financial Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Synchrony Financial's net interest income for the three months ended in Mar. 2024 was $4,405 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $17,353 Mil.

Synchrony Financial's quarterly net interest income increased from Sep. 2023 ($4,362 Mil) to Dec. 2023 ($4,466 Mil) but then declined from Dec. 2023 ($4,466 Mil) to Mar. 2024 ($4,405 Mil).

Synchrony Financial's annual net interest income increased from Dec. 2021 ($14,239 Mil) to Dec. 2022 ($15,625 Mil) and increased from Dec. 2022 ($15,625 Mil) to Dec. 2023 ($16,999 Mil).

Synchrony Financial Net Interest Income (for Banks) Historical Data

The historical data trend for Synchrony Financial's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Synchrony Financial Net Interest Income (for Banks) Chart

Synchrony Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,799.00 14,402.00 14,239.00 15,625.00 16,999.00

Synchrony Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,051.00 4,120.00 4,362.00 4,466.00 4,405.00

Synchrony Financial Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17,353 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Synchrony Financial (Synchrony Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYF) » Definitions » Net Interest Income (for Banks)
Comparable Companies
ALLY SOFI OBDC CACC FCFS OMF WU NNI DFS SLM V MA AXP PYPL BOM:500034 COF TSE:8591 XPAR:EDEN NSE:CHOLAFIN BOM:543257
Traded in Other Exchanges
SYFpA.PFD:USA SYF:Mexico SFE:Germany SFE:Germany SFE:Germany S1YF34:Brazil
Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Website
https://www.synchronyfinancial.com
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Executives
Carol Juel officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Bart Schaller officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
David P Melito officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Brian D Doubles officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Jonathan S Mothner officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Maran Nalluswami officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Wenzel Brian J. Sr. officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Alberto Casellas officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Margaret M Keane director, officer: President and CEO 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Kamila K Chytil director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Curtis Howse officer: See remarks 777 LONG RIDGE ROAD, C/O CORPORATE SECRETARY, STAMFORD CT 06902
Paul Whynott officer: See remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas M Quindlen officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Henry F Greig officer: See Remarks 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
P.w. Parker director U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402