Synchrony Q3 net earnings fall 17% to $892 million; purchase volume up 8%
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.