• Synchrony Financial average return on tangible equity for 2023 was 21.63, a 29.73% increase from 2022.
• Synchrony Financial average return on tangible equity for 2022 was 30.78, a 0.46% decline from 2021.
• Synchrony Financial average return on tangible equity for 2021 was 30.64, a 76.5% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.