Reports Q3 revenue $3.82B, consensus $3.8B. Reports Q3 tangible book value per share $37.93. Reports Q3 CET1 capital ratio 13.7%. “Synchrony’s (SYF) third quarter performance was highlighted by a return to purchase volume growth, driven by stronger spend trends across all five of our platforms, and continued strength in our credit performance,” said Brian Doubles, Synchrony’s president and CEO. “Our purchase volume growth was driven by improving trends across credit grades and generations, reflecting the resilience of our customers and the compelling utility and value that Synchrony provides as they navigate the continued uncertainty in the broader environment.”
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