secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001601712-25-000139
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony March 2025 credit metrics: 30+ delinquency 4.5%, net charge-off 6.2%
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- Period-end loan receivables $99.6B at March 31, 2025, down from $100.1B in Feb 2025.
- 30+ delinquency rate fell to 4.5% from 4.7% in Feb 2025 and 4.7% a year ago.
- Net charge-off rate was 6.2% (annualized), vs 6.8% in Feb 2025 and 6.6% in Mar 2024.
- Adjusted net charge-off rate also 6.2%, with zero recovery adjustment for March.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000139/0001601712-25-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000139/syf-20250422.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000139

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer