Synchrony Q2 2026 net earnings fell 8% to $885 million; diluted EPS rose to $2.59
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.
Key points
- 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.
The filing
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 July 21, 2026.
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.