SYF 8-K

Synchrony Financial (SYF)

8-K 2026-08-17 For: 2026-08-17

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Added on August 17, 2026

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


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



Number						Description

99.1						Monthly Charge-off and Delinquency Statistics as of and for each of the thirteen months ended July 31, 2026
104						The cover page from this Current Report on Form 8-K, formatted in Inline XBRL


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 July 31, 2026.


	Jul 31, 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

Period-end loan receivables	$	102.6		$	102.2		$	101.7		$	100.9		$	100.1		$	99.9		$	101.7		$	103.8		$	101.7		$	100.4		$	100.2		$	100.2		$	100.3
Loan receivables held for sale	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	0.2		$	0.2		$	0.2
Average loan receivables, including held for sale	$	101.9		$	101.3		$	100.6		$	100.2		$	99.3		$	100.7		$	102.1		$	102.8		$	100.3		$	99.8		$	100.1		$	99.9		$	99.7

30+ delinquency rate(1)	4.2		%	4.2		%	4.2		%	4.3		%	4.5		%	4.7		%	4.6		%	4.5		%	4.5		%	4.5		%	4.4		%	4.3		%	4.2		%

Net charge-off rate(1)(2)	4.7		%	5.3		%	5.5		%	5.5		%	5.8		%	5.8		%	4.7		%	5.5		%	5.6		%	5.0		%	5.3		%	5.1		%	5.1		%
Recovery adjustment(3)	0.2		%	(0.1)		%	(0.1)		%	0.1		%	—		%	—		%	—		%	(0.1)		%	(0.2)		%	0.3		%	(0.2)		%	0.2		%	—		%
Adjusted net charge-off rate(4)	4.9		%	5.2		%	5.4		%	5.6		%	5.8		%	5.8		%	4.7		%	5.4		%	5.4		%	5.3		%	5.1		%	5.3		%	5.1		%

(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 July 31, 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.


☐			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))


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Item 7.01			Regulation FD Disclosure.


Item 9.01			Financial Statements and Exhibits.