** Shares of consumer lender $Synchrony Financial(SYF-B)$ SYF.N fall 5.2% to $66.25 in premarket trading
** SYF posts Q4 profit of $1.91/shr, 2 cents short of analysts' expectations - LSEG data
** Q4 net interest income came in at $4.59 bln, slightly beneath estimates of $4.62 bln
** Net charge-offs (NCO) - debts that are unlikely to be recovered - as a percentage of total average loan receivables was 6.45% in Q4, above Street expectations of 6.36%
** JPM expects SYF shares to trade down on slight earnings miss and higher-than-expected NCOs, adding that the focus on the earnings call will be on purchase and credit outlook
** Truist analyst Brian Foran says growth in spend and accounts is still negative, leading to some concern that pricing increases are weighing on growth
** Customer spending volume decreased 3% in Q4, slightly impacted by SYF's credit actions between mid-2023 through early 2024
** SYF stock soared 70.2% in 2024
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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