Synchrony Financial Q2 Net Interest Income $4.41B, Down 7% YoY
Portfolio Pulse from Benzinga Newsdesk
Synchrony Financial reported a Q2 net interest income of $4.41 billion, which is a 7% decrease year-over-year.
July 17, 2024 | 10:10 am
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Synchrony Financial's Q2 net interest income decreased by 7% year-over-year to $4.41 billion, indicating potential challenges in revenue generation.
The 7% decrease in net interest income suggests that Synchrony Financial is facing challenges in maintaining its revenue levels. This could negatively impact investor sentiment and the stock price in the short term.
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