Synchrony Financial announced unaudited earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net interest income of $3,208 million compared to $2,978 million a year ago. Earnings before provision for income taxes were $868 million compared to $853 million a year ago. Net earnings attributable to common stockholders were $547 million compared to $531 million a year ago. Basic and diluted EPS was $0.66 compared to $0.64 a year ago. Return on assets was 2.6% compared to 2.7% a year ago. Return on equity was 17.5% compared to 20.2% a year ago. Return on tangible common equity as 20.1% compared to 23.4% a year ago. Total interest income was $3,509 million compared to $3,260 million a year ago. Book value per share was $15.12 against $12.57 and tangible book value per share was $13.14 against $10.81 reported last year.

For the year, the company reported net interest income of $12,093 million compared to $11,320 million a year ago. Earnings before provision for income taxes were $3,531 million compared to $3,386 million a year ago. Net earnings attributable to common stockholders were $2,214 million compared to $2,109 million a year ago. Basic and diluted EPS was $2.66 compared to $2.78 a year ago. Book value per share was $15.12 compared to $12.57 a year ago. Tangible book value per share was $13.14 compared to $10.81 a year ago. Return on assets was 2.9% compared to 3.2% a year ago. Return on equity was 19.1% compared to 26.7% a year ago. Return on tangible common equity as 22.0% compared to 32.4% a year ago. Total interest income was $13,228 million compared to $12,242 million a year ago.

For the quarter, the company's net charge-offs were $697 million compared to $663 million a year ago.

For 2016, the company is expecting its ROA to be between 2.5% to 3.0%.