Synchrony Financial (NYSE:SYF) reported its Q4 results, with EPS of $1.26 coming in better than the Street estimate of $1.12.

This was another quarter of consistent and healthy trends for the company. Guidance suggests a very manageable path to more normalized credit metrics over time, and the RSA and margin can provide important offsets. Overall, despite the weaker economic expectations, the business model at the company continues to support solid fundamentals and attractive risk-adjusted returns.

The company declared a quarterly dividend of $0.23 per share, or $0.92 annualized, for an annual yield of 2.5%.