Synchrony Beats Q1 Earnings Estimates, Unveils 20% Dividend Hike

Synchrony Financial (SYF) reported first-quarter 2025 adjusted earnings per share (EPS) of $1.89, which outpaced the Zacks Consensus Estimate by 16%. However, the bottom line declined 39.8% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Net interest income was $4.5 billion, which inched up 1.3% year over year. However, it missed the consensus mark by 1.8%.The quarterly results were aided by rising retailer share arrangements, improved net interest margin and increased ...