Form 8-K · Current report
Synchrony Financial 8-K, filed Jul 21, 2026
- Filed
- CIK
- 0001601712
- Accession no.
- 0001601712-26-000030
Summary
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, as purchase volume rose 8% to a record $49.8 billion. The company returned $950 million to shareholders, added or renewed more than 15 partners including Suzuki Motor, AmeriVet and Roto-Rooter, and launched the MyLowe's Pro Rewards American Express card.
Key points
- Net charge-offs fell to 5.43% of average loan receivables from 5.70% a year earlier, and loans 30+ days past due edged down to 4.16% from 4.18%.
- Loan receivables rose 2% to $102.2 billion and deposits rose 1% to $82.8 billion, 83% of funding; average active accounts were flat at 68.3 million.
- Return on assets decreased 30 basis points to 2.9% and the estimated Common Equity Tier 1 ratio was 13.2%, against a recast 14.2% a year earlier.
- The company issued $500 million of preferred stock with a 7.25% dividend and had $5.7 billion remaining on its repurchase authorization as of June 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 21, 2026, Synchrony Financial (the “Company”) issued a press release setting forth the Company’s second quarter 2026 earnings. A copy of the Company’s press release is being furnished as Exhibit 99.1 and hereby incorporated by reference. The information furnished pursuant to this Item 2.02, including Exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act. …
An excerpt of the text as filed with the SEC, cut for length.
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