---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-23-000023"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:47:26.166971+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q4 net earnings $577M ($1.26 EPS) vs $813M; provision charge jumps 114%

## Summary
- Net interest income rose 7.2% to $4.1B; purchase volume hit record $47.9B, up 2%.
- Provision for credit losses surged to $1.2B from $561M YoY; net charge-offs 3.48% vs 2.37%.
- Loan receivables grew 15% to $92.5B; CET1 ratio declined to 12.8% from 15.6%.
- Returned $803M capital including $700M buybacks; remaining authorization $700M.
- Added or renewed 25+ programs including Lowe's; launched BNPL with Belk and Discount Tire.

## SEC filing metadata
- accession: 0001601712-23-000023
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171223000023/0001601712-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171223000023/syf-20230123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-23-000023
- JSON: https://secwatch.observer/filing/0001601712-23-000023.json
- Plain text: https://secwatch.observer/filing/0001601712-23-000023.txt

## Key facts
- Earnings Releases
  Synchrony Financial reported fourth quarter 2022 results: net income $577 million, EPS $1.26 per diluted share.
  - Period: fourth quarter 2022
  - Net income: $577 million
  - EPS: $1.26 per diluted share
  - Result: reported results
  source text: Synchrony Financial (NYSE: SYF) today announced fourth quarter 2022 net earnings of $577 million, or $1.26 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1601712/000160171223000023/0001601712-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.