Synchrony Financial: More Buybacks And A Dividend Hike Highlight A Solid Q1

Synchrony Financial stock remains a Buy, supported by resilient consumer credit trends and strong profitability. SYF Q1 EPS rose 20% to $2.27, with net interest margin expanding to 15.5% and loan yields at 21.8%. Credit quality is stable: charge-offs declined to 5.42%, reserves are robust at 10.4% of loans, and delinquencies remain flat.