Synchrony Q1 net earnings rise 6% to $805 million; new $6.5 billion buyback
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits 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 April 21, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.