Form 8-K · Current report
Synchrony Financial 8-K, filed Oct 20, 2026
- Filed
- CIK
- 0001601712
- Accession no.
- 0001601712-26-000040
Summary
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, a year earlier, while purchase volume rose 8% to $49.7 billion and loan receivables grew 3% to $103.3 billion. Chief Executive Brian Doubles attributed the growth to broad-based purchase volume gains across all five sales platforms, and the company said it added or renewed 10 partners including La-Z-Boy and Fender and established a partnership with OpenAI.
Key points
- Net earnings fell 17% to $892 million, with return on assets down 70 basis points to 2.9% and return on equity down 410 basis points to 21.0%.
- Net charge-offs fell 37 basis points to 4.79% of average loan receivables, and loans 30+ days past due declined 5 basis points to 4.34%.
- The company returned $1.2 billion of capital to shareholders, including $1.1 billion of share repurchases and $110 million of dividends, leaving about $4.6 billion of repurchase authorization.
- Deposits rose 4%, or $3.1 billion, to $83.0 billion and comprised 83% of funding; the estimated Common Equity Tier 1 ratio was 12.9%.
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 October 20, 2026, Synchrony Financial (the “Company”) issued a press release setting forth the Company’s third 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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