Synchrony Financial (NYSE:SYF) reported fourth-quarter net income of $751 million on Tuesday, capping a fiscal year defined by stabilizing credit trends and a tightening focus on operational efficiency.
The Stamford, Connecticut-based lender delivered earnings of $2.04 per share, meeting consolidated net income expectations and comfortably beating the $2.02 adjusted consensus from Zacks Investment Research.
When excluding $14 million in restructuring costs, adjusted earnings climbed to $2.18 per share.
While the company’s total revenue for the period reached $5.73 billion, adjusted revenue—which accounts for retail share arrangements—came in at $4.76 billion.
This figure narrowly missed the $4.79 billion target set by analysts, reflecting a slight cooling in average interest-earning assets as the lender remains selective in its underwriting.
For the full year 2025, Synchrony reported a robust profit of $3.55 billion, or $9.28 per share, representing a significant jump from 2024 levels.
The performance was bolstered by a notable improvement in credit quality; net charge-offs as a percentage of average loan receivables fell to 5.4%, down from 6.5% in the same period last year.
The company ended the year with approximately $100.2 billion in loan receivables, as growth in the "Health & Wellness" and "Digital" platforms helped mitigate lower active account volumes in traditional retail sectors.
With a remaining share repurchase authorization of $2.1 billion through June 2026, Synchrony remains one of the most aggressive returners of capital in the mid-cap financial space.