secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001601712-25-000114
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony Financial Feb 2025 charge-off rate rises to 6.8%; delinquency steady at 4.7%
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- Period-end loan receivables $100.1B, down from $102.2B in Jan 2025 and $100.0B in Feb 2024.
- Net charge-off rate (annualized) 6.8% vs 6.2% in Jan 2025 and 6.5% a year ago.
- 30+ day delinquency rate 4.7%, unchanged from Jan 2025 vs 5.0% in Feb 2024.
- Adjusted net charge-off rate (non-GAAP) also 6.8% after recovery adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000114/0001601712-25-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000114/syf-20250317.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000114

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