Synchrony Financial Sinks on Drop in Net Interest Income
Synchrony Financial Sinks on Drop in Net Interest Income
Shares of Synchrony Financial( SYF ) - Get Reportwere sinking 9.8% to $32.65 Friday after the credit card services company reported mixed fourth-quarter results.
的股份Synchrony Financial(SYF(路透社)-Get Report周五下跌9.8%，至32.65美元，此前这家信用卡服务公司公布了喜忧参半的第四季度业绩。
The Stamford, Connecticut-based company reported earnings of $731 million, or $1.15 a share, compared with $783 million, or $1.09, a year earlier. Adjusted earnings for the latest quarter came to $1.10 a share, beating analysts' estimates of $1.07.
这家总部位于康涅狄格州斯坦福德的公司公布的收益为7.31亿美元，合每股1.15美元，而去年同期为7.83亿美元，合每股1.09美元。最近一个季度的调整后收益为每股1.10美元，超过了分析师预期的1.07美元。
Provision for loan losses totaled $1.1 billion, missing calls for $1.25 billion. Revenue totaled $3.1 billion, short of Wall Street's estimate for $3.15 billion.
贷款损失准备金总计11亿美元，低于12.5亿美元的要求。总收入为31亿美元，低于华尔街预测的31.5亿美元。
Net interest income fell 7.3% to $4.03 billion and was related to the Walmart consumer portfolio sale.
净利息收入下降7.3%，至40.3亿美元，与沃尔玛消费者投资组合销售。
In November 2018, Walmart( WMT ) - Get Reportfiled a lawsuit against the bank that alleged it breached the terms of their long-running credit-card deal. The world's largest retailer was seeking damages of at least $800 million. Synchrony called the suit “baseless." In January 2019, Walmart agreed to drop the lawsuit.
2018年11月，沃尔玛(Walmart)(WMT)-Get Report对该银行提起诉讼，指控其违反了他们长期运营的信用卡交易的条款。这家全球最大的零售商要求赔偿至少8亿美元。Synchrony称这起诉讼是“毫无根据的”。2019年1月，沃尔玛同意撤销诉讼。
Deposits were $65.1 billion, up 2% from the year-ago quarter. Provision for loan loss fell 24% year over year to $1.1 billion primarily driven by lower core reserve build and reduction in net charge-offs.
存款为651亿美元，比去年同期增长2%。贷款损失拨备同比下降24%，至11亿美元，主要是由于核心准备金积累减少和净冲销减少所致。
Purchase volume was flat at $40.2 billion, but up 7% on a core basis.
购买量持平于402亿美元，但在核心基础上增长了7%。
“2019 marked another year of significant transformation for Synchrony," CEO Margaret Keane said in a statement.
2019年标志着Synchrony又一个重大变革的一年，首席执行官玛格丽特基恩在一份声明中说。
In other news, Synchrony and Verizon Communications( VZ ) - Get Reportannounced on Thursday a partnership where they will launch the first credit card designed specifically for Verizon customers.
Discover Financial DFS, meanwhile, was also declining Friday after posting mixed fourth quarter, leading multiple analysts to lower the stock's rating.
与此同时，Discovery Financial DFS上周五也出现下跌，此前该公司第四季度业绩喜忧参半，导致多位分析师下调了该股的评级。
译文内容由第三方软件翻译。