Synchrony Financial (SYF)

Synchrony Financial Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17,934	14,259	10,294	8,337	11,524	12,147
Investment Securities	844	2,282	3,881	2,247	3,966	2,514
Mortgage-Backed Securities	316	354	418	461	613	675
Total Investments	1,160	2,636	4,299	2,708	4,579	3,189
Gross Loans	102,193	102,988	92,470	80,740	81,867	87,215
Allowance for Loan Losses	-11,029	-10,571	-9,527	-8,688	-10,265	-5,602
Net Loans	91,164	92,417	82,943	72,052	71,602	81,613
Goodwill	1,274	1,018	1,105	1,105	1,078	1,078
Other Intangible Assets	765	815	742	1,168	1,125	1,265
Loans Held for Sale	-	-	-	4,361	5	725
Restricted Cash	47	50	136	349	81	500
Other Current Assets	-	256	-	-	-	-
Other Long-Term Assets	6,885	5,530	5,045	5,668	5,954	4,309
Total Assets	119,229	117,479	104,564	95,748	95,948	104,826
Accrued Expenses	3,433	4,256	3,902	5,088	4,456	4,508
Interest Bearing Deposits	70,901	70,789	64,136	56,911	55,969	64,877
Institutional Deposits	11,000	10,000	7,200	5,000	6,500	-
Non-Interest Bearing Deposits	383	364	399	359	313	277
Total Deposits	82,284	81,153	71,735	62,270	62,782	65,154
Current Portion of Long-Term Debt	-	-	-	-	1,497	750
Other Current Liabilities	-	107	-	-	-	-
Long-Term Debt	15,632	15,982	14,191	14,507	14,278	19,116
Long-Term Unearned Revenue	1,900	1,900	1,700	-	-	-
Pension & Post-Retirement Benefits	-	171	163	228	234	210
Other Long-Term Liabilities	-	7	-	-	-	-
Total Liabilities	103,249	103,576	91,691	82,093	83,247	89,738
Preferred Stock, Redeemable	1,222	734	734	734	734	734
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	9,822	9,775	9,718	9,669	9,570	9,537
Retained Earnings	20,975	18,662	16,716	14,245	10,621	12,117
Treasury Stock	-15,990	-15,201	-14,171	-10,925	-8,174	-7,243
Comprehensive Income & Other	-50	-68	-125	-69	-51	-58
Total Common Equity	14,758	13,169	12,139	12,921	11,967	14,354
Shareholders' Equity	15,980	13,903	12,873	13,655	12,701	15,088
Total Liabilities & Equity	119,229	117,479	104,564	95,748	95,948	104,826
Total Debt	15,632	15,982	14,191	14,507	15,775	19,866
Net Cash (Debt)	2,302	-1,723	-3,897	-6,170	-4,251	-7,719
Net Cash Per Share	5.68	-4.07	-8.06	-10.84	-7.20	-11.46
Filing Date Shares Outstanding	389.34	406.84	437.04	521.27	583.88	613.48
Total Common Shares Outstanding	389.22	406.88	438.22	526.83	584.01	615.93
Book Value Per Share	37.92	32.37	27.70	24.53	20.49	23.30
Tangible Book Value	12,719	11,336	10,292	10,648	9,764	12,011
Tangible Book Value Per Share	32.68	27.86	23.49	20.21	16.72	19.50

Source: S&P Capital IQ. Banks template. Financial Sources.