{"schema_version":"secwatch.filing_event.v1","accession":"0001601712-23-000122","form_type":"8-K","ticker":"SYF","cik":"0001601712","company_name":"Synchrony Financial","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.610981+00:00","generated_at":"2026-06-16T23:38:43.566146+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Synchrony Q1 net earnings down 35.5% YoY to $601M; EPS $1.35 vs $1.77","bullets":["Net interest income up 6.9% to $4,051M; provision for credit losses surged 147.6% to $1,290M.","Loan receivables grew 15.5% to $91.1B; purchase volume rose 2.6% to $41.6B (record Q1).","Net charge-offs as % of avg loans rose to 4.49% from 2.73% YoY; allowance coverage 10.44%.","Returned $500M capital: $400M buybacks + $100M dividends; CET1 ratio 12.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001601712-23-000122","json":"https://secwatch.observer/filing/0001601712-23-000122.json","markdown":"https://secwatch.observer/filing/0001601712-23-000122.md","text":"https://secwatch.observer/filing/0001601712-23-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601712/000160171223000122/0001601712-23-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601712/000160171223000122/syf-20230419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:38:43.566146+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d977cabc517c2425cac001208bedd9e1810ed64d","claim":"Synchrony Financial reported first quarter 2023 results: net income net earnings of $601 million, EPS $1.35 per diluted share.","evidence_excerpt":"On April 19, 2023 , Synchrony Financial (the “Company”) issued a press release setting forth the Company’s first quarter 2023 earnings.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1601712/000160171223000122/0001601712-23-000122-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"net earnings of $601 million"},{"label":"EPS","value":"$1.35 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}