Every material Form 8-K Synchrony Financial has filed with the SEC since June 13, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Synchrony Financial filed monthly credit statistics for the thirteen months through September 30, 2026, as an unaudited exhibit to an 8-K. For September 2026, the net charge-off rate was 4.7%, down from 5.3% in September 2025, and the 30+ day delinquency rate was 4.3%, down from 4.4%. The company said it will keep publishing these figures monthly, with quarter-end months released alongside its earnings.
Net charge-off rate was 4.7% for September 2026, versus 5.3% for September 2025.
Adjusted net charge-off rate, a non-GAAP measure, was 4.6% for September 2026, versus 5.1% a year earlier.
30+ day delinquency rate was 4.3% at September 30, 2026, versus 4.4% at September 30, 2025.
Period-end loan receivables were $103.3 billion at September 30, 2026, versus $100.2 billion a year earlier.
Synchrony Financial reported third quarter 2026 net earnings of $892 million, or $2.68 per diluted share, down from $1.1 billion, or $2.86 per diluted share, in the third quarter of 2025. Net interest income rose 2% to $4.8 billion and purchase volume rose 8% to $49.7 billion, but higher provisions for credit losses and other expenses lowered earnings, and the company returned $1.2 billion to shareholders.
Net earnings fell $185 million, or 17%, to $892 million; diluted EPS was $2.68 versus $2.86 a year earlier.
Net interest income rose $89 million, or 2%, to $4.8 billion; other expense rose $123 million, or 10%, to $1.4 billion.
Loan receivables rose 3% to $103.3 billion; the company returned $1.2 billion to shareholders, including $1.1 billion of share repurchases.
Estimated Common Equity Tier 1 ratio was 12.9%, compared with 14.3% a year earlier; quarterly dividend declared was $0.34 per share versus $0.30.
Synchrony furnished unaudited monthly charge-off and delinquency statistics for the 13 months ended July 31, 2026, under Item 7.01 of Form 8-K. The July net charge-off rate was 4.7%, down from 5.3% in June, while the 30+ day delinquency rate held at 4.2%. The company says it will continue monthly disclosures and will publish the last month of each quarter alongside its quarterly results.
Net charge-off rate was 4.7% in July 2026, versus 5.3% in June 2026.
30+ day delinquency rate was 4.2% at July 31, 2026, unchanged from June 30, 2026.
Period-end loan receivables were $102.6 billion at July 31, 2026, up from $102.2 billion at June 30, 2026.
Adjusted net charge-off rate was 4.9% in July 2026, versus 5.2% in June; the company says monthly charge-off counts vary with cycle dates.
Synchrony Financial reported second quarter 2026 net earnings of $885 million, or $2.59 per diluted share, compared with $967 million, or $2.50 per diluted share, a year earlier. Net earnings fell as other expense rose $86 million and the provision for credit losses increased $55 million, while the per-share figure improved as the share count dropped. The company returned $950 million to shareholders in the quarter, including $850 million of share repurchases.
Net earnings were $885 million, down $82 million or 8% from $967 million in the second quarter of 2025.
Diluted EPS was $2.59, up from $2.50 a year earlier.
Purchase volume rose 8% to $49.8 billion, which the company called an all-time high.
The company returned $950 million to shareholders, including $850 million of share repurchases, and had $5.7 billion of repurchase authorization remaining as of June 30, 2026.
Synchrony Financial announced executive leadership changes effective June 29, 2026. Carol Juel, formerly Executive Vice President, Chief Technology and Operating Officer, becomes Executive Vice President and Chief Executive Officer of the Digital platform, succeeding Bart Schaller, who plans to retire after a 35-year career. The company also promoted Florin Arghirescu to Chief Technology Officer and expanded DJ Casto's role to include Operations.
Carol Juel named EVP and CEO of the Digital platform, succeeding Bart Schaller, effective June 29, 2026
Florin Arghirescu promoted to EVP and Chief Technology Officer, reporting to CEO Brian Doubles
DJ Casto appointed EVP, Chief People and Operations Officer, adding servicing, collections and customer care to Human Resources
Synchrony Financial reported first quarter 2026 net earnings of $805 million, or $2.27 per diluted share, up from $757 million, or $1.89 per diluted share, a year earlier. The Board also approved a new share repurchase program of up to $6.5 billion with no expiration date and a planned 13% increase in the quarterly dividend, which matters to shareholders because it changes how much capital the company plans to return.
Net earnings rose 6% to $805 million; diluted EPS was $2.27 versus $1.89 in the first quarter of 2025
New buyback of up to $6.5 billion starts in the second quarter of 2026 and replaces the prior program, which was scheduled to expire June 30, 2026
Quarterly dividend planned to rise 13% to $0.34 per share beginning in the third quarter of 2026
Estimated Common Equity Tier 1 ratio was 12.7%, compared with 13.2% a year earlier
Synchrony reported fourth quarter 2025 net earnings of $751 million, or $2.04 per diluted share, down from $774 million in the fourth quarter of 2024. The results included a $51 million after-tax restructuring charge tied to a voluntary employee early retirement program, which equaled $0.14 per diluted share. For shareholders, lower net earnings were partly offset by a higher per-share figure, and the company returned $1.1 billion in capital during the quarter.
Net earnings were $751 million, down 3.0% from $774 million; diluted EPS was $2.04, up from $1.91.
Net revenue was $3,793 million, down 0.2% from $3,801 million in the prior-year quarter.
A $51 million after-tax restructuring charge, or $0.14 per diluted share, related to a voluntary employee early retirement program.
Share repurchases totaled $952 million, and common stock dividends totaled $106 million, for $1.1 billion returned to shareholders.
Synchrony Financial reported third quarter 2025 net earnings of $1.1 billion, or $2.86 per diluted share, up from $789 million, or $1.94 per diluted share, a year earlier. The Board approved an incremental $1.0 billion share repurchase authorization, and the company returned $971 million to shareholders in the quarter. Purchase volume rose 2% to $46.0 billion, but loan receivables fell 2% to $100.2 billion and average active accounts fell 3%.
Net earnings $1.1 billion, or $2.86 per diluted share, versus $789 million, or $1.94, in Q3 2024
Provision for credit losses fell $451 million to $1.1 billion; net charge-offs were 5.16% of average loan receivables versus 6.06%
Board approved a $1.0 billion incremental repurchase authorization; $2.1 billion remains through June 30, 2026
Estimated Common Equity Tier 1 ratio was 13.7% versus 13.1% a year earlier
Synchrony Financial's board elected Deborah Ellinger as a director on September 26, 2025, effective October 1, 2025, and assigned her to the Risk and Technology Committees. The filing describes a board appointment with standard director pay and indemnification terms, without financial results, guidance, or a change in executive roles.
Ellinger receives annual compensation of $320,000, of which $100,000 is cash and $220,000 is restricted stock units.
She will also receive $20,000 per year for Risk Committee service and $15,000 for Technology Committee service.
Ellinger signed the company's standard indemnification agreement; the Board will have twelve members after her appointment.
Synchrony Financial reported second quarter 2025 net earnings of $967 million, or $2.50 per diluted share, up from $643 million, or $1.55 per diluted share, a year earlier. Net revenue fell 1.8% to $3,647 million, but a $545 million drop in the provision for credit losses drove the higher profit. The company also returned $614 million to shareholders in the quarter.
Net earnings rose 50.4% to $967 million; diluted EPS was $2.50 versus $1.55 in the second quarter of 2024
Net revenue decreased 1.8% to $3,647 million, while the provision for credit losses fell $545 million to $1.1 billion
Net charge-offs were 5.70% of average loan receivables, down from 6.42% a year earlier
Returned $614 million to shareholders, including $500 million of share repurchases and $114 million of dividends; $2.0 billion repurchase authorization remains through June 30, 2026
Synchrony reported first quarter 2025 net earnings of $757 million, or $1.89 per diluted share, down 41% from $1.3 billion, or $3.14 per share, a year earlier. The prior-year figure included an $802 million post-tax gain on the Pets Best sale; excluding that gain, the company says adjusted earnings rose 54%. The board approved a new $2.5 billion share repurchase authorization through June 30, 2026, and raised the quarterly dividend 20% to $0.30 per share starting in the second quarter of 2025.
Net earnings were $757 million, or $1.89 per diluted share, versus $1.3 billion, or $3.14 per share, in Q1 2024
Q1 2024 included an $802 million post-tax Pets Best gain on sale; adjusted Q1 2024 net earnings were $491 million, or $1.18 per share
Net revenue fell 22.5% to $3.7 billion from $4.8 billion, largely reflecting the prior-year Pets Best gain in other income
Board approved a $2.5 billion repurchase authorization through June 30, 2026, and a dividend of $0.30 per share from Q2 2025
Synchrony Financial reported fourth quarter 2024 net earnings of $774 million, or $1.91 per diluted share, up from $440 million, or $1.03 per diluted share, a year earlier. The filing shows higher earnings driven partly by a lower provision for credit losses, while purchase volume fell 3% and net charge-offs rose to 6.45% of average loan receivables.
Q4 2024 net earnings of $774 million, up 76% from $440 million in Q4 2023
Diluted EPS of $1.91 versus $1.03 a year earlier; return on equity 18.9% versus 12.4%
Provision for credit losses fell $243 million to $1.6 billion, including a $100 million reserve release
Purchase volume decreased 3% to $48.0 billion; net charge-offs rose to 6.45% from 5.58%
Synchrony Financial reported third quarter 2024 net earnings of $789 million, or $1.94 per diluted share, up from $628 million, or $1.48 per diluted share, a year earlier. Net revenue rose 9.8% to $3.8 billion, but credit quality weakened, with net charge-offs at 6.06% of average loan receivables compared with 4.60% a year earlier.
Net earnings rose 26% to $789 million from $628 million in the third quarter of 2023.
Diluted EPS was $1.94, compared with $1.48 a year earlier.
Net charge-offs were 6.06% of average loan receivables, compared with 4.60% a year earlier; loans 30+ days past due were 4.78%, compared with 4.40%.
The company returned $399 million to shareholders, including $300 million of share repurchases, and had $700 million of repurchase authorization remaining as of September 30, 2024.
Synchrony Financial's board elected Daniel Colao, a retired financial services executive, as a director, effective October 1, 2024. He will serve on the Risk and Technology Committees and will be paid under the same program as the company's other independent non-management directors, and the board will have eleven members.
Board elected Colao on September 12, 2024, effective October 1, 2024, and he will serve on the Risk and Technology Committees
Annual director pay of $265,000: $100,000 in cash and $165,000 in restricted stock units, plus $20,000 cash for Risk Committee service and $15,000 for Technology Committee service
Colao was previously a Synchrony director from February 2014 to November 2015 and was chief financial officer and executive advisor of GE Capital from 2017 until retiring in June 2021
Synchrony Financial reported second quarter 2024 net earnings of $643 million, or $1.55 per diluted share, up from $569 million, or $1.32 per diluted share, a year earlier. Loan receivables grew 8% to $102.3 billion, but higher credit losses and provisions were a drag, and the company returned $400 million to shareholders in the quarter.
Net earnings of $643 million compared with $569 million in the second quarter of 2023, an increase of 13%.
Net revenue rose $418 million, or 12.7%, to $3.7 billion, while the provision for credit losses rose $308 million to $1.7 billion.
Net charge-offs were 6.42% of average loan receivables, compared with 4.75% a year earlier.
The company returned $400 million to shareholders, including $300 million of share repurchases, and had a remaining $1 billion repurchase authorization as of June 30, 2024.
Synchrony Financial said Chief Accounting Officer and Controller David P. Melito will retire effective July 2, 2024. The company appointed Amy Tiliakos, previously of American Express, as Senior Vice President, Chief Accounting Officer and Controller, effective August 1, 2024. Until then, CFO Brian J. Wenzel will serve as interim principal accounting officer through July 31, 2024, without additional compensation.
David P. Melito retires as Chief Accounting Officer and Controller effective July 2, 2024
Amy Tiliakos appointed June 28, 2024; starts August 1, 2024, joining from American Express Company
Brian J. Wenzel, EVP and CFO, serves as interim principal accounting officer through July 31, 2024
Tiliakos is a Certified Public Accountant and will receive a base salary, incentive pay and sign-on awards
At its June 11, 2024 annual meeting, Synchrony Financial stockholders approved a new 2024 Long-Term Incentive Plan reserving 27,500,000 shares of common stock, and a charter amendment extending officer exculpation under recent Delaware law changes. Stockholders also re-elected all ten directors nominated and ratified KPMG LLP as auditor for 2024.
2024 Long-Term Incentive Plan replaces the Amended and Restated 2014 plan and reserves 27,500,000 shares of common stock
Officer exculpation amendment to the Certificate of Incorporation was approved with 310,932,035 votes for and 32,778,357 against
Advisory vote on named executive compensation passed with 210,277,912 for and 132,618,868 against
KPMG LLP ratified as independent registered public accounting firm for 2024 with 352,966,907 votes for
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