Call reports 2024
SYNCHRONY BANK — 2024
What SYNCHRONY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 113,551,000,000 | 112,875,000,000 | 111,840,000,000 | 111,939,000,000 |
| Total loans | 97,200,000,000 | 97,901,000,000 | 97,996,000,000 | 100,453,000,000 |
| Allowance for loan losses | 10,463,000,000 | 10,540,000,000 | 10,594,000,000 | 10,512,000,000 |
| Securities available for sale | 2,960,000,000 | 2,651,000,000 | 2,305,000,000 | 3,042,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,623,000,000 | 85,533,000,000 | 84,094,000,000 | 83,902,000,000 |
| Interest-bearing deposits | 86,223,000,000 | 85,133,000,000 | 83,699,000,000 | 83,494,000,000 |
| Noninterest-bearing deposits | 400,000,000 | 400,000,000 | 395,000,000 | 408,000,000 |
| Equity capital | 12,607,000,000 | 13,101,000,000 | 13,640,000,000 | 13,983,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,581,000,000 | 9,133,000,000 | 13,785,000,000 | 18,375,000,000 |
| Interest expense | 1,107,000,000 | 2,236,000,000 | 3,360,000,000 | 4,426,000,000 |
| Net interest income | 3,474,000,000 | 6,897,000,000 | 10,425,000,000 | 13,949,000,000 |
| Noninterest income | 134,000,000 | 282,000,000 | 469,000,000 | 599,000,000 |
| Noninterest expense | 1,199,000,000 | 2,390,000,000 | 3,599,000,000 | 4,889,000,000 |
| Provision for loan losses | 1,820,000,000 | 3,470,000,000 | 5,046,000,000 | 6,585,000,000 |
| Pretax income | 580,000,000 | 1,357,000,000 | 2,296,000,000 | 3,123,000,000 |
| Income tax | 136,000,000 | 320,000,000 | 540,000,000 | 718,000,000 |
| Net income | 444,000,000 | 1,037,000,000 | 1,756,000,000 | 2,405,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,689,000,000 | 12,984,000,000 | 13,499,000,000 | 13,806,000,000 |
| Total capital | 14,768,000,000 | 15,073,000,000 | 15,583,000,000 | 15,917,000,000 |
| Risk-weighted assets | 97,997,700,000 | 98,551,800,000 | 98,147,800,000 | 100,455,200,000 |