---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-24-000333"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:43:23.098693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q3 net earnings $789M, +26% YoY; EPS $1.94 vs $1.48

## Summary
- Diluted EPS of $1.94, up 31% YoY from $1.48; net earnings $789M (+26%).
- Loan receivables grew 4% to $102.2B; purchase volume fell 4% to $45.0B.
- Net charge-offs rose to 6.06% of avg loans (4.60% Q3 2023); allowance coverage 10.79%.
- Net interest margin narrowed 32bps to 15.04%; CET1 ratio improved to 13.1%.
- Returned $399M to shareholders: $300M buybacks + $99M dividends; remaining $700M authorization.

## SEC filing metadata
- accession: 0001601712-24-000333
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000333/0001601712-24-000333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000333/syf-20241016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-24-000333
- JSON: https://secwatch.observer/filing/0001601712-24-000333.json
- Plain text: https://secwatch.observer/filing/0001601712-24-000333.txt

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