NYSE$SYF

Synchrony Financial · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Synchrony reported Q4 2020 net earnings of $738 million, or $1.24 per diluted share, with improving trends but continued pandemic impact.

Synchrony Financial reported fourth quarter 2020 net earnings of $738 million, or $1.24 per diluted share. The company saw improvements in net charge-offs but was still impacted by the COVID-19 pandemic. They focused on building for the future with renewals, new programs, and an acquisition, and the board approved a $1.6 billion share repurchase program.

  • Loan receivables decreased 6% to $81.9 billion.
  • Purchase volume decreased 1% to $39.9 billion.
  • Average active accounts decreased 10% to 66.3 million.
  • Net earnings increased $7 million, or 1%, to $738 million.

Headline financials

Total Revenue

$3.66B

Previous: $4.03B-9.2%
EPS (adj)

$1.24

Previous: $1.10+12.7%
Net Interest Margin

14.6%

Previous: 15.0%-2.5%
Net Income

$738M

Previous: $731M+1.0%
Operating Income

$738M

No prior period
Cash & Equivalents

$23.7B

Previous: $12.1B+95.1%
Total Assets

$95.9B

Previous: $105B-8.5%

Revenue & EPS history

Synchrony · Revenue · Quarterly

$3.66B

Q4 2020-9.2%vs Q4 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Synchrony · $4.4B total across 5 segments · Q3 2023

  • Home & Auto
    $1.69B
  • Digital
    $1.31B
  • Diversified & Value
    $788M
  • Health & Wellness
    $356M
  • Lifestyle
    $259M

Forward guidance

Synchrony is focused on navigating the evolving environment and investing in digital capabilities for future growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+0.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.4%

Avg return

30 days after

57%

31 / 54 earnings

Positive

+12.3%

Q4 2018

Best reaction

-15.5%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.2%-2.9%-10.0%
Q4 2025-6.8%-6.3%-4.6%
Q3 2025-0.8%-0.8%+0.3%
Q2 2025+0.3%-1.4%+3.8%
Q1 2025+2.8%+8.9%+21.7%
Q4 2024-4.6%-1.3%-15.2%
Q3 2024+6.4%+4.7%+21.9%
Q2 2024-1.7%-2.3%-9.8%
Q1 2024+4.2%+4.3%+1.1%
Q4 2023+0.5%+4.7%+5.1%
Q3 2023-3.2%-1.9%+3.7%
Q2 2023+1.7%-2.4%-6.9%
Q1 2023-1.3%-2.2%-0.8%
Q4 2022-0.1%+4.7%+0.1%
Q3 2022+6.0%+9.3%+11.4%
Q2 2022+4.8%+4.1%+12.1%
Q1 2022+8.0%+0.7%-12.3%
Q4 2021-4.1%-3.9%-2.8%
Q3 2021+1.8%-3.6%-5.2%
Q2 2021+5.2%+3.8%+9.4%
Q1 2021+3.8%+5.5%+15.0%
Q4 2020-3.3%+0.6%+7.8%
Q3 2020-7.6%-4.6%+3.3%
Q2 2020+2.4%+5.3%+7.0%
Q1 2020+3.0%+8.9%+16.3%
Q4 2019-11.0%-9.8%-7.9%
Q3 2019+3.2%+3.3%+9.0%
Q2 2019-2.1%+1.4%-7.4%
Q1 2019+0.9%+0.7%+5.0%
Q4 2018+12.3%+12.9%+20.1%
Q3 2018-0.6%-3.6%-12.6%
Q2 2018-1.6%-2.7%+4.5%
Q1 2018-1.8%-5.8%+0.3%
Q4 2017+6.0%+6.5%-1.5%
Q3 2017+3.1%+2.1%+6.8%
Q2 2017+4.1%+3.5%+1.8%
Q1 2017-15.5%-13.0%-17.2%
Q4 2016+0.4%+0.8%+3.0%
Q3 2016+6.1%+5.8%+23.9%
Q2 2016-0.6%-0.4%-3.1%
Q1 2016+0.1%
Q4 2015+2.7%
Q3 2015+0.1%
Q2 2015+5.4%
Q1 2014+1.8%
Q1 2015+0.4%
Q1 2013-0.7%
Q4 2012-0.7%
Q2 2014-0.7%
Q4 2014+7.8%
Q3 2013+2.1%
Q3 2014+0.4%
Q4 2013-3.3%
Q2 2013-3.3%

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