Synchrony Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	21,698	21,596	19,902	16,881	15,228
Interest Income on Investments	903	1,049	808	265	43
Total Interest Income	22,601	22,645	20,710	17,146	15,271
Interest Paid on Deposits	3,330	3,806	2,952	1,008	566
Interest Paid on Borrowings	805	828	759	513	466
Total Interest Expense	4,135	4,634	3,711	1,521	1,032
Net Interest Income	18,466	18,011	16,999	15,625	14,239
Net Interest Income Growth (YoY)	2.53%	5.95%	8.79%	9.73%	-1.13%
Gain (Loss) on Sale of Assets	-	1,069	-	-	-
Other Non-Interest Income	-3,485	-2,955	-3,372	-3,951	-4,047
Total Non-Interest Income	-3,485	-1,886	-3,372	-3,951	-4,047
Revenues Before Loan Losses	14,981	16,125	13,627	11,674	10,192
Provision for Loan Losses	5,225	6,733	5,965	3,375	726
Revenue	9,756	9,392	7,662	8,299	9,466
Revenue Growth (YoY)	3.88%	22.58%	-7.68%	-12.33%	61.76%
Salaries and Employee Benefits	2,093	1,872	1,884	1,681	1,501
Selling, General & Administrative	2,346	2,263	2,081	1,942	1,818
Other Non-Interest Expense	507	512	505	541	540
Total Non-Interest Expense	4,946	4,647	4,470	4,164	3,859
EBT Excluding Unusual Items	4,810	4,745	3,192	4,135	5,607
Other Unusual Items	-189	-192	-288	-173	-104
Pretax Income	4,621	4,553	2,904	3,962	5,503
Income Tax Expense	1,069	1,054	666	946	1,282
Net Income	3,552	3,499	2,238	3,016	4,221
Preferred Dividends & Other Adjustments	83	72	42	42	42
Net Income to Common	3,469	3,427	2,196	2,974	4,179
Net Income Growth	1.52%	56.34%	-25.80%	-28.55%	204.76%
Basic Shares Outstanding	370	397	421	480	565
Diluted Shares Outstanding	374	401	424	483	569
Shares Change (YoY)	-6.67%	-5.41%	-12.39%	-15.09%	-3.64%
EPS (Basic)	9.38	8.64	5.21	6.19	7.40
EPS (Diluted)	9.28	8.55	5.19	6.15	7.34
EPS Growth	8.54%	64.74%	-15.61%	-16.21%	223.35%
Dividend Per Share	1.150	1.000	0.960	0.900	0.880
Dividend Growth	15.00%	4.17%	6.67%	2.27%	-
Effective Tax Rate	23.13%	23.15%	22.93%	23.88%	23.30%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.