---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-24-000340"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:46:51.078625+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Synchrony Financial Oct 2024 credit stats: 30+ delinquency rate 4.9%, net charge-off rate 6.2%

## Summary
- Period-end loan receivables $102.3B; average loan receivables $101.7B for the month.
- 30+ delinquency rate 4.9% at Oct 31, 2024, up from 4.6% a year ago.
- Net charge-off rate (annualized) 6.2% for Oct 2024, vs. 5.4% in Oct 2023.
- Adjusted net charge-off rate 6.4%, reflecting recovery allocation adjustments.
- YoY increases attributed to continued moderation in customer payment rates.

## SEC filing metadata
- accession: 0001601712-24-000340
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000340/0001601712-24-000340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000340/syf-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-24-000340
- JSON: https://secwatch.observer/filing/0001601712-24-000340.json
- Plain text: https://secwatch.observer/filing/0001601712-24-000340.txt

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