Synchrony Financial announced unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income of $3,628 million compared to $3,208 million a year ago. Earnings before provision for income taxes were $908 million compared to $868 million a year ago. Net earnings attributable to common stockholders were $576 million compared to $547 million a year ago. Basic and diluted EPS was $0.70 compared to diluted EPS of $0.65 a year ago. Return on assets was 2.6% compared to 2.7% a year ago. Return on equity was 16.3% compared to 17.5% a year ago. Return on tangible common equity as 18.5% compared to 20.1% a year ago. Book value per share was $17.37 against $15.12 and tangible book value per share was $15.34 against $13.14 reported last year.

For the year, the company reported net interest income of $13,530 million compared to $12,093 million a year ago. Earnings before provision for income taxes were $3,570 million compared to $3,531 million a year ago. Net earnings attributable to common stockholders were $2,251 million compared to $2,214 million a year ago. Basic and diluted EPS was $2.71 compared to diluted EPS of $2.65 a year ago. Return on assets was 2.7% compared to 2.9% a year ago. Return on equity was 16.6% compared to 19.1% a year ago. Return on tangible common equity as 18.9% compared to 22.0% a year ago.

For the quarter, the company's net charge-offs were $847 million compared to $697 million a year ago.

For 2017, the company is expecting its ROA to be 2.5%.