Synchrony Financial posts June 2026 credit stats

Synchrony Financial furnished unaudited monthly credit-quality statistics for the thirteen months ended June 30, 2026.

Accepted by SEC EDGAR 07/21/2026 - 06:01 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Synchrony Financial furnished unaudited monthly credit-quality statistics for the thirteen months ended June 30, 2026. At June 30, 2026, period-end loan receivables were $102.2 billion, with average loan receivables of $101.3 billion and a 30+ delinquency rate of 4.2%.

The June 2026 net charge-off rate was 5.3%, and the adjusted net charge-off rate, including a (0.1%) recovery adjustment, was 5.2%. Consumer credit card loan receivables represented more than 90% of total period-end receivables. Synchrony plans to continue providing these monthly statistics, with quarter-end months furnished together with its quarterly financial results.

Filing Explained

The July 21 disclosure adds credit-performance data, but its furnished status limits its treatment as a filed SEC disclosure.

As a Form 8-K, this filing reports a specified company event: Synchrony Financial furnished its monthly credit-performance statistics, but stated that the Item 7.01 information is not “filed” for Section 18 liability purposes and is not incorporated by reference unless expressly stated. The disclosure therefore adds portfolio-performance information without creating a filed offering, financing, or ownership instrument.

The 30+ delinquency rate measures over-30-day delinquencies against period-end loan receivables, while the net charge-off rate is annualized net charge-offs against average loan receivables, including held-for-sale balances.

The company cautions that monthly charge-off amounts can vary because charge-off cycle dates differ, without a corresponding change in portfolio performance.

The adjusted net charge-off rate includes a recovery adjustment that allocates recoveries across a quarter; estimates for months before quarter-end can change and may differ from actual quarterly results.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Period-end loan receivables: $102.2 billion Average loan receivables: $101.3 billion 30+ delinquency rate: 4.2% +4 more

7 metrics

Period-end loan receivables $102.2 billion As of June 30, 2026

Average loan receivables $101.3 billion Month of June 2026, including held for sale

30+ delinquency rate 4.2% Over-30 day delinquencies as a percentage of period-end loan receivables at June 30, 2026

Net charge-off rate 5.3% Annualized net charge-offs as a percentage of average loan receivables, June 2026

Adjusted net charge-off rate 5.2% June 2026, after a (0.1%) recovery adjustment

Consumer credit card share greater than 90% Share of total period-end loan receivables at June 30, 2026

Reporting horizon 13 months Monthly statistics for the thirteen months ended June 30, 2026

Key Terms

30+ delinquency rate, net charge-off rate, Adjusted net charge-off rate, non-GAAP financial measure, +1 more

5 terms

30+ delinquency rate financial

"References to 30+ delinquency rate are to over-30 day loan delinquencies"

net charge-off rate financial

"References to net charge-off rate are to net charge-offs as a percentage of average loan receivables"

Net charge-off rate is the percentage of outstanding loans a lender writes off as uncollectible during a period after subtracting any money later recovered. Think of it like a shop marking damaged items as total loss (then accounting for any partial refunds) — it shows how much credit a lender truly lost. Investors watch it because rising rates signal worsening borrower health, lower future profits and higher risk to a bank’s capital.

Adjusted net charge-off rate financial

"Adjusted net charge-off rate represents adjusted net charge-offs as a percentage of average loan receivables"

non-GAAP financial measure financial

"Adjusted net charge-offs are a non-GAAP financial measure that include the recovery adjustment"

A non-GAAP financial measure is a way companies present their financial results that excludes certain expenses or income to show how they believe their core business is performing. It matters because it can give a clearer picture of how the company is really doing, but it can also be used to make results look better than they actually are.

charge-off cycle dates financial

"Charge-offs are executed on charge-off cycle dates which occur on various days during each month"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What credit metrics did Synchrony Financial (SYF) report for June 30, 2026?

Synchrony Financial reported $102.2 billion in period-end loan receivables and $101.3 billion in average loan receivables for June 2026. The company also disclosed a 4.2% 30+ delinquency rate, 5.3% net charge-off rate, and 5.2% adjusted net charge-off rate.

How large were Synchrony Financial (SYF)'s loan receivables in June 2026?

As of June 30, 2026, Synchrony Financial reported period-end loan receivables of $102.2 billion. Average loan receivables, including held-for-sale balances, were $101.3 billion for the month, reflecting the scale of the company’s consumer credit portfolio.

What is the 30+ delinquency rate disclosed by Synchrony Financial (SYF)?

For June 30, 2026, Synchrony Financial reported a 4.2% 30+ delinquency rate. This measure reflects over-30-day loan delinquencies as a percentage of period-end loan receivables, providing a snapshot of borrowers who are at least one billing cycle past due.

What net and adjusted net charge-off rates did Synchrony Financial (SYF) report?

For June 2026, Synchrony Financial reported a 5.3% net charge-off rate and a 5.2% adjusted net charge-off rate. The adjusted figure incorporates a (0.1%) recovery adjustment that allocates recoveries, including debt sales, evenly across each quarter’s three months.

Why does Synchrony Financial (SYF) present an adjusted net charge-off rate?

Synchrony Financial states that adjusted net charge-off rate is a non-GAAP financial measure it believes is useful because it produces a monthly figure more indicative of quarterly and annual net charge-off rates by smoothing the timing of recoveries and debt sales across each quarter.

How frequently will Synchrony Financial (SYF) provide these charge-off and delinquency statistics?

Synchrony Financial intends to furnish these monthly charge-off and delinquency statistics on an ongoing basis. For the last month of each calendar quarter, the data will be provided contemporaneously with the company’s public announcement of its financial results for that quarter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

July 21, 2026

Date of Report

(Date of earliest event reported) 

SYNCHRONY FINANCIAL

(Exact name of registrant as specified in its charter) 

Delaware

001-36560

51-0483352

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

777 Long Ridge Road
Stamford,			Connecticut						06902
(Address of principal executive offices)									(Zip Code)

(203) 585-2400

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common stock, par value $0.001 per share			SYF			New York Stock Exchange
Depositary Shares Each Representing a 1/40th Interest in a Share of 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A			SYFPrA			New York Stock Exchange
Depositary Shares Each Representing a 1/40th Interest in a Share of 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B			SYFPrB			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨

Item 7.01 Regulation FD Disclosure.

The Company hereby furnishes the information in Exhibit 99.1 hereto, Monthly Charge-Off and Delinquency Statistics as of and for each of the thirteen months ended June 30, 2026.

The Company intends to continue to furnish these statistics on a monthly basis, noting that for the last month of each calendar quarter, the statistics will be furnished contemporaneously with the Company’s announcement of its financial results for such quarter.

The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly stated by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are being furnished as part of this report: 

Number						Description
99.1						Monthly Charge-off and Delinquency Statistics as of and for each of the thirteen months ended June 30, 2026
104						The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SYNCHRONY FINANCIAL

Date: July 21, 2026

By:

/s/ Jonathan Mothner

Name:

Jonathan Mothner

Title:

Executive Vice President, Chief Risk and Legal Officer

Exhibit 99.1

SYNCHRONY FINANCIAL
MONTHLY CHARGE-OFF AND DELINQUENCY STATISTICS
AS OF AND FOR EACH OF THE THIRTEEN MONTHS ENDED
(unaudited, $ in billions)
The following table provides monthly charge-off and delinquency statistics as of and for each of the thirteen months ended June 30, 2026.
			Jun 30, 2026						May 31, 2026						Apr 30, 2026						Mar 31, 2026						Feb 28, 2026						Jan 31, 2026						Dec 31, 2025						Nov 30, 2025						Oct 31, 2025						Sep 30, 2025						Aug 31, 2025						Jul 31, 2025						Jun 30, 2025
Period-end loan receivables			$	102.2					$	101.7					$	100.9					$	100.1					$	99.9					$	101.7					$	103.8					$	101.7					$	100.4					$	100.2					$	100.2					$	100.3					$	99.8
Loan receivables held for sale			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	0.2					$	0.2					$	0.2					$	0.2
Average loan receivables, including held for sale			$	101.3					$	100.6					$	100.2					$	99.3					$	100.7					$	102.1					$	102.8					$	100.3					$	99.8					$	100.1					$	99.9					$	99.7					$	99.5
30+ delinquency rate(1)			4.2		%				4.2		%				4.3		%				4.5		%				4.7		%				4.6		%				4.5		%				4.5		%				4.5		%				4.4		%				4.3		%				4.2		%				4.2		%
Net charge-off rate(1)(2)			5.3		%				5.5		%				5.5		%				5.8		%				5.8		%				4.7		%				5.5		%				5.6		%				5.0		%				5.3		%				5.1		%				5.1		%				5.8		%
Recovery adjustment(3)			(0.1)		%				(0.1)		%				0.1		%				—		%				—		%				—		%				(0.1)		%				(0.2)		%				0.3		%				(0.2)		%				0.2		%				—		%				(0.1)		%
Adjusted net charge-off rate(4)			5.2		%				5.4		%				5.6		%				5.8		%				5.8		%				4.7		%				5.4		%				5.4		%				5.3		%				5.1		%				5.3		%				5.1		%				5.7		%
(1) References to “30+ delinquency rate” are to over-30 day loan delinquencies as a percentage of period-end loan receivables. References to “net charge-off rate” are to net charge-offs (annualized) as a percentage of average loan receivables, including held for sale. Net charge-offs consist of uncollectible principal balances, net of recovered amounts. Uncollectible interest and fees receivables are written off as a reduction of interest and fees on loans.
(2) Charge-offs are executed on charge-off cycle dates which occur on various days during each calendar month. The number of different charge-off cycle dates in each month varies based on such factors as the calendar and the timing of billing cycles. As a result, the amount of charged-off loan receivables can vary between monthly periods with no corresponding change in the performance of the portfolio. The following table sets forth the number of different charge-off cycle dates for our consumer credit card loan receivables, which represent greater than 90% of total period end loan receivables at June 30, 2026, for the calendar months indicated.
			2025						2026
January			28						25
February			28						28
March			28						30
April			29						28
May			25						28
June			30						28
July			28						28
August			28						28
September			28						29
October			28						25
November			28						30
December			29						28
(3) Represents adjustment to allocate recoveries, including debt sales, evenly across the three calendar months of each respective quarterly reporting period. The adjustments for periods other than for the last month of each calendar quarter incorporate estimated recoveries for the applicable full quarterly reporting period. Such estimates are subject to change within each applicable quarter and may differ from actual quarterly results.
(4) Adjusted net charge-off rate represents adjusted net charge-offs as a percentage of average loan receivables, including held for sale. Adjusted net charge-offs are a non-GAAP financial measure that include the 'recovery adjustment' defined above. We believe the presentation of the adjusted net charge-off rate is useful to investors as it represents a monthly measure which is more indicative of both our quarterly and annual net charge-off rates.

1

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EX-99.1 88.0 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 15.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 27.7 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 16.4 KB