Reports Q4 revenue $3.79B, consensus $3.83B. Reports Q4 CET1 capital ratio 12.6%. Reports Q4 tangible book value per share $37.21. Purchase volume increased 3% to $49.5B. “Synchrony’s (SYF) fourth quarter performance capped off a year of strong execution and set the stage to drive our momentum forward in the years ahead,” said Brian Doubles, Synchrony’s president and CEO. “We advanced our key strategic priorities by expanding our reach and penetration, and optimizing the outcomes for the customers, partners and the hundreds of thousands of small and mid-sized businesses we serve across the country.”
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