Exhibit 99.2
SYNCHRONY FINANCIAL
FINANCIAL SUMMARY
(unaudited, in millions, except per share statistics)
Quarter EndedNine Months Ended
Sep 30,
2024
Jun 30,
2024
Mar 31,
2024
Dec 31,
2023
Sep 30,
2023
3Q'24 vs. 3Q'23Sep 30,
2024
Sep 30,
2023
YTD'24 vs. YTD'23
EARNINGS
Net interest income$4,609 $4,405 $4,405 $4,466 $4,362 $247 5.7 %$13,419  $12,533 $886 7.1 %
Retailer share arrangements(914)(810)(764)(878)(979)65 (6.6)%(2,488)(2,783)295 (10.6)%
Other income119 117 1,157 71 92 27 29.3 %1,393 218 1,175 NM
Net revenue3,814 3,712 4,798 3,659 3,475 339 9.8 %12,324 9,968 2,356 23.6 %
Provision for credit losses1,597 1,691 1,884 1,804 1,488 109 7.3 %5,172 4,161 1,011 24.3 %
Other expense1,189 1,177 1,206 1,316 1,154 35 3.0 %3,572 3,442 130 3.8 %
Earnings before provision for income taxes1,028 844 1,708 539 833 195 23.4 %3,580 2,365 1,215 51.4 %
Provision for income taxes239 201 415 99 205 34 16.6 %855 567 288 50.8 %
Net earnings$789 $643 $1,293 $440 $628 $161 25.6 %$2,725 $1,798 $927 51.6 %
Net earnings available to common stockholders$768 $624 $1,282 $429 $618 $150 24.3 %$2,674 $1,767 $907 51.3 %
COMMON SHARE STATISTICS
Basic EPS $1.96 $1.56 $3.17 $1.04 $1.49 $0.47 31.5 %$6.71 $4.16 $2.55 61.3 %
Diluted EPS $1.94 $1.55 $3.14 $1.03 $1.48 $0.46 31.1 %$6.65 $4.14 $2.51 60.6 %
Dividend declared per share$0.25 $0.25 $0.25 $0.25 $0.25 $— — %$0.75 $0.71 $0.04 5.6 %
Common stock price$49.88 $47.19 $43.12 $38.19 $30.57 $19.31 63.2 %$49.88 $30.57 $19.31 63.2 %
Book value per share $37.92 $36.24 $35.03 $32.36 $31.50 $6.42 20.4 %$37.92 $31.50 $6.42 20.4 %
Tangible book value per share(1)
$32.68 $31.05 $30.36 $27.59 $27.18 $5.50 20.2 %$32.68 $27.18 $5.50 20.2 %
Beginning common shares outstanding395.1 401.4 406.9 413.8 418.1 (23.0)(5.5)%406.9 438.2 (31.3)(7.1)%
Issuance of common shares— — — — — — NM— — — NM
Stock-based compensation0.7 0.6 2.0 0.4 0.2 0.5 250.0 %3.3 1.9 1.4 73.7 %
Shares repurchased(6.6)(6.9)(7.5)(7.3)(4.5)(2.1)46.7 %(21.0)(26.3)5.3 (20.2)%
Ending common shares outstanding389.2 395.1 401.4 406.9 413.8 (24.6)(5.9)%389.2 413.8 (24.6)(5.9)%
Weighted average common shares outstanding 392.3 399.3 404.7 411.9 416.0 (23.7)(5.7)%398.7 424.3 (25.6)(6.0)%
Weighted average common shares outstanding (fully diluted) 396.5 402.6 408.2 414.6 418.4 (21.9)(5.2)%402.4 426.5 (24.1)(5.7)%
(1) Tangible book value per share is a non-GAAP measure, calculated based on Tangible common equity divided by common shares outstanding. For corresponding reconciliation of this measure to a GAAP financial measure, see Reconciliation of Non-GAAP Measures and Calculations of Regulatory Measures.
1


SYNCHRONY FINANCIAL
SELECTED METRICS
(unaudited, $ in millions)
Quarter EndedNine Months Ended
Sep 30,
2024
Jun 30,
2024
Mar 31,
2024
Dec 31,
2023
Sep 30,
2023
3Q'24 vs. 3Q'23Sep 30,
2024
Sep 30,
2023
YTD'24 vs. YTD'23
PERFORMANCE METRICS
Return on assets(1)
2.6 %2.2 %4.4 %1.5 %2.3 %0.3 %3.0 %2.2 %0.8 %
Return on equity(2)
19.8 %16.7 %35.6 %12.4 %18.1 %1.7 %23.8 %17.8 %6.0 %
Return on tangible common equity(3)
24.3 %20.2 %43.6 %14.7 %21.9 %2.4 %29.1 %21.5 %7.6 %
Net interest margin(4)
15.04 %14.46 %14.55 %15.10 %15.36 %(0.32)%14.68 %15.17 %(0.49)%
Net revenue as a % of average loan receivables, including held for sale14.87 %14.71 %19.11 %14.56 %14.33 %0.54 %16.22 %14.30 %1.92 %
Efficiency ratio(5)
31.2 %31.7 %25.1 %36.0 %33.2 %(2.0)%29.0 %34.5 %(5.5)%
Other expense as a % of average loan receivables, including held for sale4.64 %4.66 %4.80 %5.24 %4.76 %(0.12)%4.70 %4.94 %(0.24)%
Effective income tax rate23.2 %23.8 %24.3 %18.4 %24.6 %(1.4)%23.9 %24.0 %(0.1)%
CREDIT QUALITY METRICS
Net charge-offs as a % of average loan receivables, including held for sale6.06 %6.42 %6.31 %5.58 %4.60 %1.46 %6.26 %4.62 %1.64 %
30+ days past due as a % of period-end loan receivables(6)
4.78 %4.47 %4.74 %4.74 %4.40 %0.38 %4.78 %4.40 %0.38 %
90+ days past due as a % of period-end loan receivables(6)
2.33 %2.19 %2.42 %2.28 %2.06 %0.27 %2.33 %2.06 %0.27 %
Net charge-offs$1,553 $1,621 $1,585 $1,402 $1,116 $437 39.2 %$4,759 $3,218 $1,541 47.9 %
Loan receivables delinquent over 30 days(6)
$4,883 $4,574 $4,820 $4,885 $4,304 $579 13.5 %$4,883 $4,304 $579 13.5 %
Loan receivables delinquent over 90 days(6)
$2,382 $2,244 $2,459 $2,353 $2,020 $362 17.9 %$2,382 $2,020 $362 17.9 %
Allowance for credit losses (period-end)$11,029 $10,982 $10,905 $10,571 $10,176 $853 8.4 %$11,029 $10,176 $853 8.4 %
Allowance coverage ratio(7)
10.79 %10.74 %10.72 %10.26 %10.40 %0.39 %10.79 %10.40 %0.39 %
BUSINESS METRICS
Purchase volume(8)
$44,985 $46,846 $42,387 $49,339 $47,006 $(2,021)(4.3)%$134,218 $135,839 $(1,621)(1.2)%
Period-end loan receivables$102,193 $102,284 $101,733 $102,988 $97,873 $4,320 4.4 %$102,193 $97,873 $4,320 4.4 %
Credit cards$94,008 $94,091 $93,736 $97,043 $92,078 $1,930 2.1 %$94,008 $92,078 $1,930 2.1 %
Consumer installment loans$6,125 $6,072 $5,957 $3,977 $3,784 $2,341 61.9 %$6,125 $3,784 $2,341 61.9 %
Commercial credit products$1,936 $2,003 $1,912 $1,839 $1,879 $57 3.0 %$1,936 $1,879 $57 3.0 %
Other$124 $118 $128 $129 $132 $(8)(6.1)%$124 $132 $(8)(6.1)%
Average loan receivables, including held for sale$102,009 $101,478 $100,957 $99,683 $96,230 $5,779 6.0 %$101,484 $93,198 $8,286 8.9 %
Period-end active accounts (in thousands)(9)
69,965 70,991 70,754 73,484 70,137 (172)(0.2)%69,965 70,137 (172)(0.2)%
Average active accounts (in thousands)(9)
70,424 70,974 71,667 71,526 70,308 116 0.2 %71,052 69,842 1,210 1.7 %
LIQUIDITY
Liquid assets
Cash and equivalents$17,934 $18,632 $20,021 $14,259 $15,643 $2,291 14.6 %$17,934 $15,643 $2,291 14.6 %
Total liquid assets$19,704 $20,051 $21,929 $16,808 $17,598 $2,106 12.0 %$19,704 $17,598 $2,106 12.0 %
Undrawn credit facilities
Undrawn credit facilities$2,700 $2,950 $2,950 $2,950 $2,950 $(250)(8.5)%$2,700 $2,950 $(250)(8.5)%
Total liquid assets and undrawn credit facilities(10)
$22,404 $23,001 $24,879 $19,758 $20,548 $1,856 9.0 %$22,404 $20,548 $1,856 9.0 %
Liquid assets % of total assets16.53 %16.64 %18.10 %14.31 %15.58 %0.95 %16.53 %15.58 %0.95 %
Liquid assets including undrawn credit facilities % of total assets18.79 %19.09 %20.53 %16.82 %18.19 %0.60 %18.79 %18.19 %0.60 %
(1) Return on assets represents annualized net earnings as a percentage of average total assets.
(2) Return on equity represents annualized net earnings as a percentage of average total equity.
(3) Return on tangible common equity represents annualized net earnings available to common stockholders as a percentage of average tangible common equity. Tangible common equity ("TCE") is a non-GAAP measure. For corresponding reconciliation of TCE to a GAAP financial measure, see Reconciliation of Non-GAAP Measures and Calculations of Regulatory Measures.
(4) Net interest margin represents annualized net interest income divided by average total interest-earning assets.
(5) Efficiency ratio represents (i) other expense, divided by (ii) net interest income, plus other income, less retailer share arrangements.
(6) Based on customer statement-end balances extrapolated to the respective period-end date.
(7) Allowance coverage ratio represents allowance for credit losses divided by total period-end loan receivables.
(8) Purchase volume, or net credit sales, represents the aggregate amount of charges incurred on credit cards or other credit product accounts less returns during the period.
(9) Active accounts represent credit card or installment loan accounts on which there has been a purchase, payment or outstanding balance in the current month.
(10) Excludes uncommitted credit facilities and available borrowing capacity related to unencumbered assets.
2


SYNCHRONY FINANCIAL
STATEMENTS OF EARNINGS
(unaudited, $ in millions)
Quarter EndedNine Months Ended
Sep 30,
 2024
Jun 30,
2024
Mar 31,
2024
Dec 31,
2023
Sep 30,
2023
3Q'24 vs. 3Q'23Sep 30,
2024
Sep 30,
2023
YTD'24 vs. YTD'23
Interest income: 
Interest and fees on loans$5,522 $5,301 $5,293 $5,323 $5,151 $371 7.2 %$16,116 $14,579 $1,537 10.5 %
Interest on cash and debt securities263 281 275 226 203 60 29.6 %819 582 237 40.7 %
Total interest income5,785 5,582 5,568 5,549 5,354 431 8.1 %16,935 15,161 1,774 11.7 %
Interest expense:
Interest on deposits968 967 954 878 800 168 21.0 %2,889 2,074 815 39.3 %
Interest on borrowings of consolidated securitization entities108 110 105 99 86 22 25.6 %323 241 82 34.0 %
Interest on senior unsecured notes100 100 104 106 106 (6)(5.7)%304 313 (9)(2.9)%
Total interest expense1,176 1,177 1,163 1,083 992 184 18.5 %3,516 2,628 888 33.8 %
Net interest income4,609 4,405 4,405 4,466 4,362 247 5.7 %13,419 12,533 886 7.1 %
Retailer share arrangements(914)(810)(764)(878)(979)65 (6.6)%(2,488)(2,783)295 (10.6)%
Provision for credit losses1,597 1,691 1,884 1,804 1,488 109 7.3 %5,172 4,161 1,011 24.3 %
Net interest income, after retailer share arrangements and provision for credit losses2,098 1,904 1,757 1,784 1,895 203 10.7 %5,759 5,589 170 3.0 %
Other income:
Interchange revenue256 263 241 270 267 (11)(4.1)%760 761 (1)(0.1)%
Protection product revenue145 125 141 139 131 14 10.7 %411 371 40 10.8 %
Loyalty programs(346)(346)(319)(369)(358)12 (3.4)%(1,011)(1,001)(10)1.0 %
Other64 75 1,094 31 52 12 23.1 %1,233 87 1,146 NM
Total other income119 117 1,157 71 92 27 29.3 %1,393 218 1,175 NM
Other expense:
Employee costs464 434 496 538 444 20 4.5 %1,394 1,346 48 3.6 %
Professional fees231 236 220 228 219 12 5.5 %687 614 73 11.9 %
Marketing and business development123 129 125 138 125 (2)(1.6)%377 389 (12)(3.1)%
Information processing203 207 186 190 177 26 14.7 %596 522 74 14.2 %
Other168 171 179 222 189 (21)(11.1)%518 571 (53)(9.3)%
Total other expense1,189 1,177 1,206 1,316 1,154 35 3.0 %3,572 3,442 130 3.8 %
Earnings before provision for income taxes1,028 844 1,708 539 833 195 23.4 %3,580 2,365 1,215 51.4 %
Provision for income taxes239 201 415 99 205 34 16.6 %855 567 288 50.8 %
Net earnings$789 $643 $1,293 $440 $628 $161 25.6 %$2,725 $1,798 $927 51.6 %
Net earnings available to common stockholders$768 $624 $1,282 $429 $618 $150 24.3 %$2,674 $1,767 $907 51.3 %

3


SYNCHRONY FINANCIAL
STATEMENTS OF FINANCIAL POSITION
(unaudited, $ in millions)
Quarter Ended
Sep 30,
 2024
Jun 30,
2024
Mar 31,
2024
Dec 31,
2023
Sep 30,
2023
Sep 30, 2024 vs.
Sep 30, 2023
Assets
Cash and equivalents$17,934 $18,632 $20,021 $14,259 $15,643 $2,291 14.6 %
Debt securities2,345 2,693 3,005 3,799 2,882 (537)(18.6)%
Loan receivables:
Unsecuritized loans held for investment81,005 82,144 81,642 81,554 78,470 2,535 3.2 %
Restricted loans of consolidated securitization entities21,188 20,140 20,091 21,434 19,403 1,785 9.2 %
Total loan receivables102,193 102,284 101,733 102,988 97,873 4,320 4.4 %
Less: Allowance for credit losses(11,029)(10,982)(10,905)(10,571)(10,176)(853)8.4 %
Loan receivables, net91,164 91,302 90,828 92,417 87,697 3,467 4.0 %
Goodwill1,274 1,274 1,073 1,018 1,105 169 15.3 %
Intangible assets, net765 776 800 815 680 85 12.5 %
Other assets5,747 5,812 5,446 4,915 4,932 815 16.5 %
Assets held for sale— — — 256 — — NM
Total assets$119,229 $120,489 $121,173 $117,479 $112,939 $6,290 5.6 %
Liabilities and Equity
Deposits:
Interest-bearing deposit accounts$81,901 $82,708 $83,160 $80,789 $77,669 $4,232 5.4 %
Non-interest-bearing deposit accounts383 392 394 364 397 (14)(3.5)%
Total deposits82,284 83,100 83,554 81,153 78,066 4,218 5.4 %
Borrowings:
Borrowings of consolidated securitization entities8,015 7,517 8,016 7,267 6,519 1,496 22.9 %
Senior and Subordinated unsecured notes7,617 8,120 8,117 8,715 8,712 (1,095)(12.6)%
Total borrowings15,632 15,637 16,133 15,982 15,231 401 2.6 %
Accrued expenses and other liabilities5,333 6,212 6,204 6,334 5,875 (542)(9.2)%
Liabilities held for sale— — — 107 — — NM
Total liabilities103,249 104,949 105,891 103,576 99,172 4,077 4.1 %
Equity:
Preferred stock1,222 1,222 1,222 734 734 488 66.5 %
Common stock— — %
Additional paid-in capital9,822 9,793 9,768 9,775 9,750 72 0.7 %
Retained earnings20,975 20,310 19,790 18,662 18,338 2,637 14.4 %
Accumulated other comprehensive income (loss)(50)(73)(69)(68)(96)46 (47.9)%
Treasury stock(15,990)(15,713)(15,430)(15,201)(14,960)(1,030)6.9 %
Total equity15,980 15,540 15,282 13,903 13,767 2,213 16.1 %
Total liabilities and equity$119,229 $120,489 $121,173 $117,479 $112,939 $6,290 5.6 %

4


SYNCHRONY FINANCIAL
AVERAGE BALANCES, NET INTEREST INCOME AND NET INTEREST MARGIN
(unaudited, $ in millions)
Quarter Ended
Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023
InterestAverageInterestAverageInterestAverageInterestAverageInterestAverage
AverageIncome/Yield/AverageIncome/Yield/AverageIncome/Yield/AverageIncome/Yield/AverageIncome/Yield/
BalanceExpense
Rate(1)
BalanceExpense
Rate(1)
BalanceExpense
Rate(1)
BalanceExpense
Rate(1)
BalanceExpense
Rate(1)
Assets
Interest-earning assets:
Interest-earning cash and equivalents$17,316 $235 5.40 %$18,337 $249 5.46 %$17,405 $236 5.45 %$13,762 $188 5.42 %$12,753 $172 5.35 %
Securities available for sale2,587 28 4.31 %2,731 32 4.71 %3,432 39 4.57 %3,895 38 3.87 %3,706 31 3.32 %
Loan receivables, including held for sale:
Credit cards93,785 5,236 22.21 %93,267 5,013 21.62 %94,216 5,096 21.75 %93,744 5,162 21.85 %90,587 5,003 21.91 %
Consumer installment loans6,107 238 15.50 %6,085 243 16.06 %4,734 149 12.66 %3,875 116 11.88 %3,656 108 11.72 %
Commercial credit products1,992 46 9.19 %2,001 43 8.64 %1,878 45 9.64 %1,934 42 8.62 %1,861 38 8.10 %
Other125 6.37 %125 6.44 %129 9.35 %130 9.16 %126 6.30 %
Total loan receivables, including held for sale102,009 5,522 21.54 %101,478 5,301 21.01 %100,957 5,293 21.09 %99,683 5,323 21.19 %96,230 5,151 21.24 %
Total interest-earning assets121,912 5,785 18.88 %122,546 5,582 18.32 %121,794 5,568 18.39 %117,340 5,549 18.76 %112,689 5,354 18.85 %
Non-interest-earning assets:
Cash and due from banks847 887 944 886 964 
Allowance for credit losses(10,994)(10,878)(10,677)(10,243)(9,847)
Other assets7,624 7,309 6,973 6,616 6,529 
Total non-interest-earning assets(2,523)(2,682)(2,760)(2,741)(2,354)
Total assets$119,389 $119,864 $119,034 $114,599 $110,335 
Liabilities
Interest-bearing liabilities:
Interest-bearing deposit accounts$82,100 $968 4.69 %$82,749 $967 4.70 %$82,598 $954 4.65 %$78,892 $878 4.42 %$75,952 $800 4.18 %
Borrowings of consolidated securitization entities7,817 108 5.50 %7,858 110 5.63 %7,383 105 5.72 %6,903 99 5.69 %6,096 86 5.60 %
Senior and Subordinated unsecured notes7,968 100 4.99 %8,118 100 4.95 %8,630 104 4.85 %8,712 106 4.83 %8,710 106 4.83 %
Total interest-bearing liabilities97,885 1,176 4.78 %98,725 1,177 4.80 %98,611 1,163 4.74 %94,507 1,083 4.55 %90,758 992 4.34 %
Non-interest-bearing liabilities
Non-interest-bearing deposit accounts387 396 390 379 401 
Other liabilities5,302 5,221 5,419 5,652 5,418 
Total non-interest-bearing liabilities5,689 5,617 5,809 6,031 5,819 
Total liabilities103,574 104,342 104,420 100,538 96,577 
Equity
Total equity15,815 15,522 14,614 14,061 13,758 
Total liabilities and equity$119,389 $119,864 $119,034 $114,599 $110,335 
Net interest income$4,609 $4,405 $4,405 $4,466 $4,362 
Interest rate spread(2)
14.10 %13.53 %13.64 %14.22 %14.51 %
Net interest margin(3)
15.04 %14.46 %14.55 %15.10 %15.36 %
(1) Average yields/rates are based on annualized total interest income/expense divided by average balances.
(2) Interest rate spread represents the difference between the yield on total interest-earning assets and the rate on total interest-bearing liabilities.
(3) Net interest margin represents annualized net interest income divided by average total interest-earning assets.

5


SYNCHRONY FINANCIAL
AVERAGE BALANCES, NET INTEREST INCOME AND NET INTEREST MARGIN
(unaudited, $ in millions)
Nine Months Ended
Sep 30, 2024
Nine Months Ended
Sep 30, 2023
InterestAverageInterestAverage
AverageIncome/Yield/AverageIncome/Yield/
BalanceExpense
Rate(1)
BalanceExpense
Rate(1)
Assets
Interest-earning assets:
Interest-earning cash and equivalents$17,685 $720 5.44 %$13,107 $490 5.00 %
Securities available for sale2,915 99 4.54 %4,138 92 2.97 %
Loan receivables, including held for sale:
Credit cards93,757 15,345 21.86 %87,914 14,179 21.56 %
Consumer installment loans5,644 630 14.91 %3,375 285 11.29 %
Commercial credit products1,957 134 9.15 %1,789 108 8.07 %
Other126 7.42 %120 7.80 %
Total loan receivables, including held for sale101,484 16,116 21.21 %93,198 14,579 20.91 %
Total interest-earning assets122,084 16,935 18.53 %110,443 15,161 18.35 %
Non-interest-earning assets:
Cash and due from banks892 987 
Allowance for credit losses(10,850)(9,552)
Other assets7,303 6,331 
Total non-interest-earning assets(2,655)(2,234)
Total assets$119,429 $108,209 
Liabilities
Interest-bearing liabilities:
Interest-bearing deposit accounts$82,481 $2,889 4.68 %$74,340 $2,074 3.73 %
Borrowings of consolidated securitization entities7,686 323 5.61 %6,062 241 5.32 %
Senior and subordinated unsecured notes8,238 304 4.93 %8,621 313 4.85 %
Total interest-bearing liabilities98,405 3,516 4.77 %89,023 2,628 3.95 %
Non-interest-bearing liabilities
Non-interest-bearing deposit accounts391 410 
Other liabilities5,315 5,239 
Total non-interest-bearing liabilities5,706 5,649 
Total liabilities104,111 94,672 
Equity
Total equity15,318 13,537 
Total liabilities and equity$119,429 $108,209 
Net interest income$13,419 $12,533 
Interest rate spread(2)
13.76 %14.41 %
Net interest margin(3)
14.68 %15.17 %
(1) Average yields/rates are based on annualized total interest income/expense divided by average balances.
(2) Interest rate spread represents the difference between the yield on total interest-earning assets and the rate on total interest-bearing liabilities.
(3) Net interest margin represents annualized net interest income divided by average total interest-earning assets.
6


SYNCHRONY FINANCIAL
BALANCE SHEET STATISTICS
(unaudited, $ in millions, except per share statistics)
Quarter Ended
Sep 30,
 2024
Jun 30,
 2024
Mar 31,
 2024
Dec 31,
 2023
Sep 30,
 2023
Sep 30, 2024 vs.
Sep 30, 2023
BALANCE SHEET STATISTICS
Total common equity$14,758 $14,318 $14,060 $13,169 $13,033 $1,725 13.2 %
Total common equity as a % of total assets12.38 %11.88 %11.60 %11.21 %11.54 %0.84 %
Tangible assets$117,190 $118,439 $119,300 $115,535 $111,154 $6,036 5.4 %
Tangible common equity(1)
$12,719 $12,268 $12,187 $11,225 $11,248 $1,471 13.1 %
Tangible common equity as a % of tangible assets(1)
10.85 %10.36 %10.22 %9.72 %10.12 %0.73 %
Tangible book value per share(2)
$32.68 $31.05 $30.36 $27.59 $27.18 $5.50 20.2 %
REGULATORY CAPITAL RATIOS(3)(4)
Basel III - CECL Transition
Total risk-based capital ratio(5)
16.4 %15.8 %15.8 %14.9 %15.7 %
Tier 1 risk-based capital ratio(6)
14.3 %13.8 %13.8 %12.9 %13.6 %
Tier 1 leverage ratio(7)
12.5 %12.0 %12.0 %11.7 %12.2 %
Common equity Tier 1 capital ratio13.1 %12.6 %12.6 %12.2 %12.8 %
(1) Tangible common equity ("TCE") is a non-GAAP measure. We believe TCE is a more meaningful measure of the net asset value of the Company to investors. For corresponding reconciliation of TCE to a GAAP financial measure, see Reconciliation of Non-GAAP Measures and Calculations of Regulatory Measures.
(2) Tangible book value per share is a non-GAAP measure, calculated based on Tangible common equity divided by common shares outstanding. For corresponding reconciliation of this measure to a GAAP financial measure, see Reconciliation of Non-GAAP Measures and Calculations of Regulatory Measures.
(3) Regulatory capital ratios at September 30, 2024 are preliminary and therefore subject to change.
(4) Capital ratios reflect the phase-in of an estimate of CECL’s effect on regulatory capital over a three-year transitional period beginning in the first quarter of 2022 through 2024. Capital ratios for 2024 and 2023 reflect 75% and 50%, respectively, of the phase-in of CECL effects.
(5) Total risk-based capital ratio is the ratio of total risk-based capital divided by risk-weighted assets.
(6) Tier 1 risk-based capital ratio is the ratio of Tier 1 capital divided by risk-weighted assets.
(7) Tier 1 leverage ratio is the ratio of Tier 1 capital divided by total average assets, after certain adjustments.

7


SYNCHRONY FINANCIAL
PLATFORM RESULTS
(unaudited, $ in millions)
Quarter EndedNine Months Ended
Sep 30,
 2024
Jun 30,
 2024
Mar 31,
 2024
Dec 31,
 2023
Sep 30,
 2023
3Q'24 vs. 3Q'23Sep 30,
2024
Sep 30,
2023
YTD'24 vs. YTD'23
HOME & AUTO
Purchase volume(1)
$11,361 $12,496 $10,512 $11,421 $12,273 $(912)(7.4)%$34,369 $35,989 $(1,620)(4.5)%
Period-end loan receivables$32,542 $32,822 $32,615 $31,969 $31,648 $894 2.8 %$32,542 $31,648 $894 2.8 %
Average loan receivables, including held for sale$32,613 $32,592 $31,865 $31,720 $31,239 $1,374 4.4 %$32,358 $30,386 $1,972 6.5 %
Average active accounts (in thousands)(2)
19,157 19,335 18,969 19,177 19,223 (66)(0.3)%19,136 18,894 242 1.3 %
Interest and fees on loans$1,489 $1,419 $1,382 $1,403 $1,367 $122 8.9 %$4,290 $3,867 $423 10.9 %
Other income$56 $38 $33 $26 $28 $28 100.0 %$127 $80 $47 58.8 %
DIGITAL
Purchase volume(1)
$13,352 $13,403 $12,628 $15,510 $13,808 $(456)(3.3)%$39,383 $39,541 $(158)(0.4)%
Period-end loan receivables$27,771 $27,704 $27,734 $28,925 $26,685 $1,086 4.1 %$27,771 $26,685 $1,086 4.1 %
Average loan receivables, including held for sale$27,704 $27,542 $28,081 $27,553 $26,266 $1,438 5.5 %$27,776 $25,484 $2,292 9.0 %
Average active accounts (in thousands)(2)
20,787 20,920 21,349 21,177 20,768 19 0.1 %21,033 20,641 392 1.9 %
Interest and fees on loans$1,593 $1,544 $1,567 $1,579 $1,530 $63 4.1 %$4,704 $4,315 $389 9.0 %
Other income$$— $$(7)$(6)$10 (166.7)%$10 $(7)$17 (242.9)%
DIVERSIFIED & VALUE
Purchase volume(1)
$14,992 $15,333 $14,023 $16,987 $15,445 $(453)(2.9)%$44,348 $44,240 $108 0.2 %
Period-end loan receivables$19,466 $19,516 $19,559 $20,666 $18,865 $601 3.2 %$19,466 $18,865 $601 3.2 %
Average loan receivables, including held for sale$19,413 $19,360 $19,593 $19,422 $18,565 $848 4.6 %$19,455 $18,074 $1,381 7.6 %
Average active accounts (in thousands)(2)
19,960 20,253 21,032 21,038 20,410 (450)(2.2)%20,448 20,571 (123)(0.6)%
Interest and fees on loans$1,209 $1,165 $1,214 $1,204 $1,168 $41 3.5 %$3,588 $3,329 $259 7.8 %
Other income$(11)$(22)$(17)$(30)$(28)$17 (60.7)%$(50)$(63)$13 (20.6)%
HEALTH & WELLNESS
Purchase volume(1)
$3,867 $4,089 $3,980 $3,870 $3,990 $(123)(3.1)%$11,936 $11,695 $241 2.1 %
Period-end loan receivables$15,439 $15,280 $15,065 $14,521 $14,019 $1,420 10.1 %$15,439 $14,019 $1,420 10.1 %
Average loan receivables, including held for sale$15,311 $15,111 $14,697 $14,251 $13,600 $1,711 12.6 %$15,041 $12,927 $2,114 16.4 %
Average active accounts (in thousands)(2)
7,801 7,752 7,611 7,447 7,276 525 7.2 %7,713 7,076 637 9.0 %
Interest and fees on loans$956 $911 $869 $866 $844 $112 13.3 %$2,736 $2,365 $371 15.7 %
Other income$68 $48 $66 $82 $74 $(6)(8.1)%$182 $189 $(7)(3.7)%
LIFESTYLE
Purchase volume(1)
$1,411 $1,525 $1,244 $1,550 $1,490 $(79)(5.3)