Sees FY23 loan receivables growth 8%-10%. Says net interest income growth driven primarily by growth in average loan receivables. Says increase in other expenses primarily driven by higher employee costs, operational losses and technology investments. Says Q1 purchase volume growth and payment rate moderation exceeded expectations. Comments and guidance taken from Q1 earnings conference call.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SYF: