Synchrony Financial (SYF) Form 8-K — Jul 21, 2026
Synchrony Financial reported second quarter 2026 net earnings of $885 million, or $2.59 per diluted share, compared to $967 million, or $2.50 per diluted share in the prior year. The decrease in net earnings was primarily driven by a smaller reserve release compared to the prior year, while diluted EPS increased due to fewer average shares outstanding resulting from share repurchases. Operational metrics showed strength with record purchase volume increasing 8% to $49.8 billion and loan receivables growing 2% to $102.2 billion. Credit quality improved as net charge-offs decreased 27 basis points to 5.43% and loans 30+ days past due declined slightly to 4.16%.
Key figures
- Eps
- 2.59
- Net Income
- 885000000
- Shares Outstanding
- 325300000
- Cet1 Ratio
- 13.2%
- Net Charge Offs
- 5.43%
- Purchase Volume
- 49800000000
- Return On Assets
- 2.9%
- Capital Returned
- 950000000
- Loan Receivables
- 102200000000
- Share Repurchases
- 850000000
- Net Interest Margin
- 15.08%
Price after filing
Close on the filing date to close N calendar days later (from $74.28). Historical, not a forecast.
AI analysis
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