Synchrony reports Q2 EPS $2.50, consensus $1.70

Reports Q2 tangible book value per share $36.55. Reports Q2 CET1 capital ratio 13.6%. Purchase volume decreased 2% to $46.1B. “Synchrony’s (SYF) second quarter performance highlighted the inherent resilience of our business, as our diversified portfolio of products and spend categories, industry-leading value propositions and extensive distribution enabled us to engage with a broad cross-section of America – ranging from consumers to small and mid-sized businesses and national brands,” said Brian Doubles, Synchrony’s president and CEO.