secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001601712-25-000153
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony reports Apr 2025 30+ delinquency rate 4.3%, net charge-off rate 6.3%
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- Period-end loan receivables $99.5B, down from $101.6B year-over-year.
- 30+ delinquency rate improved to 4.3% from 4.6% in Apr 2024.
- Net charge-off rate 6.3% (annualized), down from 6.7% in Apr 2024.
- Adjusted net charge-off rate (non-GAAP) also 6.3% for Apr 2025.
- Average loan receivables in Apr 2025 were $99.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000153/0001601712-25-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000153/syf-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000153

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