Synchrony Financial (SYF) Non Operating Interest Expenses (2013 - 2024)

Synchrony Financial (SYF) has reported Non Operating Interest Expenses for 12 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 58.23% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2024 stood at $4.1 billion (up 104.6% YoY), and the FY2023 full-year result was $3.7 billion, up 143.98% from the prior year.
• Non Operating Interest Expenses grew to $1.2 billion in Q1 2024 per SYF's latest filing, from $1.1 billion in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $1.2 billion in Q1 2024 and bottomed at $223.0 million in Q4 2021.
• Historically, Non Operating Interest Expenses has averaged $534.8 million across 5 years, with a median of $414.0 million in 2022.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 41.39% in 2021, then soared 231.25% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $334.0 million in 2020, then sank by 33.23% to $223.0 million in 2021, then soared by 169.96% to $602.0 million in 2022, then jumped by 79.9% to $1.1 billion in 2023, then gained by 7.39% to $1.2 billion in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $1.2 billion, $1.1 billion, and $992.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.