secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001601712-25-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony reports Jan 2025 charge-off rate 6.2%, delinquency rate 4.7%
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- Period-end loan receivables $102.2B, up from $101.3B a year earlier.
- 30+ delinquency rate 4.7% (unchanged from Dec 2024, down from 4.9% in Jan 2024).
- Net charge-off rate 6.2% (annualized), vs 5.8% in Jan 2024; adjusted rate also 6.2%.
- Average loan receivables $102.8B for Jan 2025.
- Credit card loans represent ~92% of total period-end receivables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000046/0001601712-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000046/syf-20250210.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000046

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