Synchrony(US:SYF)2025-10-15 12:00Financial Performance - Net earnings available to common stockholders increased by 38% to $1057 million compared to $768 million in the third quarter of 2024[11] - Diluted earnings per share increased by 47% to $2.86 from $1.94 in the third quarter of 2024[9, 11] - Net interest margin increased by 58 basis points to 15.62%[14] - Provision for credit losses decreased by 28%, or $451 million, driven by lower Net charge-offs of $255 million and a reserve release of $152 million[22] Business Segments - Dual Card / Co-Brand loan receivables increased by 13% to $30.6 billion[9] - Dual Card / Co-Brand purchase volume increased by 8% to $21.1 billion[9] - Digital purchase volume increased by 5% to $14 billion[11] Customer Engagement - The company has 68 million average active accounts[7] - Purchase volume reached $46 billion[7] - Loan receivables totaled $100 billion[7] Capital and Liquidity - The company's Common Equity Tier 1 (CET1) capital ratio is 13.7%[9, 24] - The board approved incremental share repurchases of $1 billion, with a total remaining repurchase authorization of $2.1 billion through 2Q'26[6] Outlook - The company expects flat period-end loan receivables growth for the full year 2025[27] - The company revised net revenue outlook to $15.0 - $15.1 billion[27]