---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-23-000271"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:09:50.388465+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q3 net earnings $628M, EPS $1.48; loan receivables up 14%

## Summary
- Net earnings $628M, down 10.7% YoY; diluted EPS $1.48 vs $1.47 YoY, flat due to share repurchases.
- Loan receivables grew 14% to $97.9B; purchase volume up 5% to $47.0B.
- Net charge-offs rose to 4.60% from 3.00% YoY; provision for credit losses up 60% to $1.49B.
- CET1 ratio 12.4%, down from 14.3% YoY; returned $254M capital including $150M buybacks.
- Efficiency ratio improved to 33.2% from 36.5% YoY.

## SEC filing metadata
- accession: 0001601712-23-000271
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2023-10-24T23:59:59+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/1601712/000160171223000271/0001601712-23-000271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171223000271/syf-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-23-000271
- JSON: https://secwatch.observer/filing/0001601712-23-000271.json
- Plain text: https://secwatch.observer/filing/0001601712-23-000271.txt

## Key facts
- Earnings Releases
  Synchrony Financial reported third quarter 2023 results: net income $628 million, EPS $1.48 per diluted share.
  - Period: third quarter 2023
  - Net income: $628 million
  - EPS: $1.48 per diluted share
  - Result: reported results
  source text: On October 24, 2023, Synchrony Financial (the "Company") issued a press release setting forth the Company's third quarter 2023 earnings.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1601712/000160171223000271/0001601712-23-000271-index.htm

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