Synchrony Financial

SYF: 8-K · other

Synchrony Financial furnished its monthly charge-off and delinquency statistics for the thirteen months ended September 30, 2026, in an 8-K under Item 7.01. As of September 30, 2026, period-end loan receivables stood at $103.3 billion, with a 30+ delinquency rate of 4.3% — down slightly from 4.4% a year earlier. The September 2026 net charge-off rate was 4.7% (4.6% adjusted), an improvement from 5.3% (5.1% adjusted) in September 2025, suggesting modestly better credit trends. The company says it will continue furnishing these metrics monthly, with quarter-end months released alongside earnings.

SEC 8-K•5d ago

Synchrony Reports Third Quarter 2026 Results

Synchrony Financial announced its third quarter 2026 results via an earnings-availability notice, with the full news release and presentation posted to its investor relations website. CEO Brian Doubles and CFO Brian Wenzel Sr. hosted a conference call at 8:00 a.m. Eastern Time to review the results and business outlook; no financial figures are included in this release. The Board declared an unchanged quarterly common dividend of $0.34 per share, payable November 16, 2026 to holders of record November 5, along with dividends on its Series A, B, and C preferred stock.

•5d ago

Weave and CareCredit Go Live with Integration That Places Patient Financing Inside the Front-Office Workflow

Synchrony's CareCredit patient financing is now live inside Weave's front-office platform, giving healthcare practice staff real-time visibility into a patient's CareCredit status and available credit within the workflow. The integration lets practices initiate CareCredit payments in-office or via text-to-pay and lets patients apply for credit directly within Weave, aimed at moving cost conversations earlier in the patient journey. For Synchrony, this is a distribution win embedding CareCredit across Weave's 40,000+ customer locations, though the release is partner-authored and includes no financial terms or guidance.

•13d ago

Synchrony and Oxford Economics Find Trust Will Define the Future of AI Shopping

Synchrony and Oxford Economics released the 2026 AI in Commerce study, a survey of 2,000 U.S. consumers on attitudes toward agentic AI shopping. Key findings: 82% rank data security as most important, 67% would use AI more with fraud protection, and 46% would not use AI for purchases of $5,000 or more. Synchrony says it is building capabilities so its financing, rewards and offers remain recognizable when AI agents shop for customers, and is working with industry groups on interoperable standards. The release is thought leadership with no direct financial impact.

•25d ago

Synchrony to Announce Third Quarter 2026 Financial Results on October 20, 2026

Synchrony (NYSE: SYF) plans to report its third quarter 2026 financial results on Tuesday, October 20, 2026. The earnings release and presentation materials are scheduled to be posted to the company's investor relations website at approximately 6:00 a.m. ET, with a conference call to discuss results at 8:00 a.m. ET that day; a live audio webcast and replay will be available on the same site. The release contains no financial data, guidance, or corporate developments — it is a routine calendar announcement issued by the issuer ahead of the quarterly report.

•1mo ago

SYF: 8-K · other

Synchrony Financial furnished its monthly charge-off and delinquency statistics for the thirteen months ended August 31, 2026 in an 8-K under Item 7.01 Regulation FD Disclosure. For August 2026, the 30+ day delinquency rate was 4.2%, the net charge-off rate was 4.9% (adjusted net charge-off rate also 4.9%), and period-end loan receivables stood at $103.0 billion. Credit metrics improved modestly year over year: in August 2025 the 30+ delinquency rate was 4.3% and the net charge-off rate was 5.1%, while loan receivables were $100.2 billion, implying roughly 3% growth in the portfolio. The company said it will continue furnishing these statistics monthly, with quarter-end figures released contemporaneously with its quarterly earnings announcements.

SEC 8-K•1mo ago

Synchrony to Participate in the Barclays Global Financial Services Conference

Synchrony CFO Brian J. Wenzel will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, September 14, 2026 at 9:00 a.m. Eastern Time. A live webcast and replay will be available on Synchrony's investor relations website at investors.synchrony.com. This is a routine conference-participation notice with no financial results, guidance, or strategic updates for the company.

•1mo ago

SYF: 8-K · other

Synchrony Financial furnished its monthly charge-off and delinquency statistics for the thirteen months ended July 31, 2026, via an 8-K under Item 7.01 Regulation FD Disclosure. This is the company's routine monthly credit-quality update for its consumer credit portfolio. As of July 31, 2026, period-end loan receivables stood at $102.6 billion, up from $100.3 billion a year earlier. The 30+ day delinquency rate was 4.2%, flat versus July 2025 and down from its 4.7% early-2026 peak in February, while the net charge-off rate improved to 4.7% from 5.1% in the year-ago month; the adjusted net charge-off rate was 4.9%. The data points to stable-to-modestly-improving credit trends and continued receivables growth for the consumer lender. Synchrony said it will keep furnishing these statistics monthly, with the final month of each calendar quarter released contemporaneously with its quarterly earnings.

SEC 8-K•2mo ago

SYF: 8-K · debt financing

Synchrony Financial entered into an underwriting agreement to issue $1.1 billion aggregate principal amount of senior notes. The offering consists of $600 million of 5.450% Fixed-to-Floating Rate Senior Notes due 2030 and $500 million of 6.276% Fixed-to-Floating Rate Senior Notes due 2037. J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC acted as representatives for the underwriters. The company expects to receive approximately $1,094,466,000 in net proceeds before estimated offering expenses. The notes are senior unsecured obligations and will be issued pursuant to the company's existing registration statement on Form S-3. The issuance represents a routine debt financing transaction for the financial services firm.

SEC 8-K•2mo ago

SYF: 10-Q · periodic report

Synchrony Financial reported net earnings of $885 million for the three months ended June 30, 2026, a decrease from $967 million in the prior year, though diluted earnings per share rose to $2.59 from $2.50 due to share repurchases. Net interest income increased 1.9% to $4.61 billion, driven by higher yields and lower deposit costs, while the net charge-off rate improved to 5.43%. The company actively returned capital to shareholders, repurchasing $1.8 billion of common stock in the first six months of 2026 and maintaining a remaining authorization of $5.7 billion. Synchrony also increased its quarterly dividend to $0.34 per share starting in the third quarter and issued $500 million of Series C preferred stock in June. Loan receivables grew 2.4% year-over-year to $102.2 billion, supported by an 8.1% increase in purchase volume and the acquisition of the Lowe's commercial portfolio. Management expects the full-year net charge-off rate to remain below its long-term target range of 5.5% to 6.0%.

SEC 10-Q•3mo ago

SYF: 8-K · other

Synchrony Financial released its monthly credit performance metrics for June 2026, reporting period-end loan receivables of $102.2 billion. The company disclosed that consumer credit card loans represent more than 90% of total period-end loan receivables. The 30-plus day delinquency rate remained stable at 4.2% for the month, unchanged from May 2026. Net charge-offs improved to an annualized rate of 5.3%, down from 5.5% in the prior month and 5.8% in the same period last year. Adjusted net charge-offs also showed positive trends, decreasing to 5.2% in June compared to 5.4% in May. Synchrony intends to continue furnishing these statistics on a monthly basis.

SEC 8-K•3mo ago

Synchrony Reports Second Quarter 2026 Results

Synchrony announced its second quarter 2026 financial results, referring investors to the company's Investor Relations website for the full earnings release and presentation. The Board of Directors declared a quarterly cash dividend of $0.34 per share of common stock, payable on August 17, 2026 to holders of record on August 5, 2026. Dividends were also declared on the company's Series A, Series B, and Series C Preferred Stock, with payments scheduled for the same date in August.

•3mo ago

Synchrony Launches Free Skilled-Trades Degree Pathway for Employees

Synchrony announced a new employee benefit program offering debt-free associate degrees in skilled trades like HVAC and electrical, covering up to $24,000 in annual tuition. The initiative, launched at the company's Women in the Trades forum, aims to address the labor shortage in technical fields and support Synchrony's home-improvement partners. The Synchrony Foundation has donated nearly $1 million to trade programs since 2021, including a $150,000 grant to Women in HVACR for scholarships.

•3mo ago

Synchrony Announces Executive Leadership Changes to Advance Digital Growth, Customer Experience and AI Momentum

Synchrony announced executive leadership changes, appointing Carol Juel as CEO of its Digital platform to succeed the retiring Bart Schaller. Florin Arghirescu was promoted to Chief Technology Officer to lead AI strategy, while DJ Casto was named Chief People and Operations Officer. CEO Brian Doubles stated the moves are designed to scale innovation and accelerate AI adoption to drive the company's next phase of growth.

•3mo ago

SYF: 8-K · proxy statement

Synchrony Financial held its 2026 Annual Meeting of Stockholders on June 24, 2026, where participants voted on three proposals. The company's stockholders elected all twelve directors named in the Proxy Statement for the coming year. Additionally, stockholders ratified the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year 2026. An advisory vote to approve the compensation of the company's named executive officers was also approved.

SEC 8-K•4mo ago

Synchrony India Recognized Among India's Best Workplace™ 2026 by Great Place To Work®

Synchrony India was recognized among India's Best Workplaces™ 2026 by Great Place To Work® India, specifically achieving a ranking of 3. The award is based on employee feedback and an independent assessment of workplace culture, highlighting the trust and relationships within the team. The India unit serves as a strategic global capability center supporting functions like technology, analytics, and risk for the broader organization.

•4mo ago

Synchrony to Announce Second Quarter 2026 Financial Results on July 21, 2026

Synchrony plans to release its second quarter 2026 financial results on Tuesday, July 21, 2026. The earnings release and presentation materials are scheduled for posting to the company's investor relations website at approximately 6:00 a.m. Eastern Time. A conference call to discuss the results is set for 8:00 a.m. Eastern Time on the same day.

•4mo ago

Synchrony's CareCredit Makes It Easy to Pay for Your Pet's Training, Boarding, Daycare and Grooming with Pet Resort Hospitality Group Partnership

Synchrony announced a partnership with Pet Resort Hospitality Group (PRHG) to accept CareCredit at 40 PRHG locations across 12 states. The agreement allows pet owners to use CareCredit for boarding, grooming, daycare, and training services, expanding the card's utility beyond veterinary care. PRHG served 71,000 pets in 2025, and the partnership includes support for PRHG's Pet Resort University education program.

•4mo ago

Synchrony Named No. 1 Best Workplace in New York by Fortune and Great Place To Work

Synchrony was named the No. 1 Best Workplace in New York by Fortune and Great Place To Work, adding to its earlier designation as the No. 1 Best Company to Work For in the U.S. The recognition highlights the company's high-trust culture, flexible hybrid work model, and investment in AI fluency and employee development. Synchrony also noted its operational scale in New York, serving 3.5 million credit accounts across 19,000 locations, and its $4.5 million investment in local charitable organizations.

•4mo ago

SYF: 8-K · other

Synchrony Financial filed a routine Form 8-K under Item 7.01 to disclose monthly charge-off and delinquency statistics for the thirteen months ended May 31, 2026. As of May 31, 2026, period-end loan receivables stood at $101.7 billion, up slightly from $100.9 billion in April. The 30+ day delinquency rate improved marginally to 4.2% from 4.3% in the prior month. The annualized net charge-off rate remained stable at 5.5% for May, consistent with April’s 5.5% rate. The adjusted net charge-off rate, a non-GAAP measure, was 5.4% for May compared to 5.6% in April.

SEC 8-K•4mo ago

SYF: 8-K · offering registration

Synchrony Financial issued and sold 500,000 depositary shares, each representing a 1/100th interest in a share of its 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C. The offering generated gross proceeds of $500 million, with the shares priced at $1,000 per depositary share to the public and $990 to the underwriters. The Series C Preferred Stock carries an initial fixed dividend rate of 7.250% per annum, which will reset to the Five-Year U.S. Treasury Rate plus 3.078% starting August 15, 2031. The issuance was conducted pursuant to the company’s existing Form S-3 shelf registration, with BofA Securities, Barclays Capital, and Morgan Stanley acting as joint book-running managers. This capital raise strengthens Synchrony’s balance sheet without diluting common equity holders, as preferred stock ranks senior to common stock but junior to debt. The transaction is a routine execution of available shelf capacity for a large-cap financial institution, reflecting standard capital management practices.

SEC 8-K•4mo ago

CareCredit Now Available at LiveLoveSpa.com Checkout, Marking First eCommerce Partnership in the Cosmetic Space

Synchrony announced a partnership with LiveLoveSpa.com, making it the first eCommerce partner in the cosmetic space to offer CareCredit as a seamless checkout option via Shopify. The integration allows consumers to apply for and use CareCredit financing at the point of sale, targeting the 41% of U.S. beauty purchases now happening online. Synchrony expects this partnership to extend financing access to over 100,000 LiveLoveSpa customers, adding to its existing network of 500,000 partner locations and 70.7 million active accounts.

•4mo ago

SYF: 424B5 · prospectus supplement

Synchrony Financial is offering depositary shares representing a 1/100th interest in its new Series C Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock. The offering is subject to completion, with key terms such as the dividend rate, offering price, and total size currently redacted in this preliminary prospectus supplement. The Series C Preferred Stock will have a liquidation preference of $1,000 per depositary share ($100,000 per underlying preferred share) and will pay non-cumulative quarterly dividends. The initial dividend rate is fixed until August 15, 2031, after which it will reset based on the Five-Year U.S. Treasury Rate plus a spread. Synchrony intends to use the net proceeds for general corporate purposes. The underwriters for this offering are BofA Securities, Barclays, and Morgan Stanley. As of March 31, 2026, Synchrony reported $100.1 billion in loan receivables and $82.9 billion in deposits.

SEC 424B5•4mo ago

Synchrony to Participate in the Morgan Stanley US Financials Conference

Synchrony CFO Brian J. Wenzel will participate in a fireside chat at the Morgan Stanley US Financials Conference. The session is scheduled for Tuesday, June 9, 2026, at 7:30 a.m. Eastern Time. A live webcast and replay will be available on the Synchrony Investor Relations website.

•4mo ago

SYF: 8-K · other

Synchrony Financial filed a routine Form 8-K under Item 7.01 to disclose monthly charge-off and delinquency statistics for the thirteen months ended April 30, 2026. As of April 30, 2026, period-end loan receivables stood at $100.9 billion, with a 30+ day delinquency rate of 4.3% and an adjusted net charge-off rate of 5.6%. These metrics represent standard operational disclosures for a consumer finance lender and show no significant deterioration or improvement compared to the prior month, indicating stable portfolio performance.

SEC 8-K•5mo ago

From Saving Today to Investing Tomorrow Most Consumers Want Financial Literacy Taught in Schools

Synchrony released findings from its 'In Sync with Consumers' survey revealing that while nearly 70% of consumers believe financial literacy should be taught in schools, only 39% reported learning personal finance topics there. The data highlights a persistent confidence gap, showing that 69% of consumers feel confident managing budgets but only 46% feel confident investing. In response, the company is accelerating charitable giving to expand classroom financial education and providing free credit education resources.

•5mo ago