8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Synchrony Financial reports lower Q3 earnings despite higher purchase volume
Filed with the SEC on · Summarized by InvestorsBot
Synchrony Financial reported third-quarter 2026 net earnings of $892 million, or $2.68 per diluted share, down from $1.08 billion, or $2.86 per share, a year earlier. Purchase volume rose 8% to $49.7 billion and loan receivables increased 3% to $103.3 billion, while credit quality improved as net charge-offs fell to 4.79%; however, higher credit-loss provisions and operating expenses reduced profitability. The company returned $1.2 billion to shareholders and ended September with a preliminary 12.9% CET1 capital ratio.