Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Synchrony Financial (SYF)

Synchrony Financial Q4 net earnings rise 76% to $774 million, $1.91 per share

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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%

The filing

CompanySynchrony Financial (SYF)
Form8-K, current report
Filed with the SECJan 28, 2025, 6:00 AM ET
Accession number0001601712-25-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.