---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-25-000198"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T15:42:43.302922+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synchrony Financial May 2025 credit stats: net charge-off rate improves to 5.1% from 6.5% YoY

## Summary
- Period-end loan receivables $99.9B vs $102.4B a year earlier, down $2.5B.
- 30+ day delinquency rate fell to 4.2% from 4.5% YoY, a 30 bps improvement.
- Net charge-off rate (annualized) dropped 140 bps to 5.1% from 6.5% in May 2024.
- Adjusted net charge-off rate also improved to 5.2% from 6.4% YoY.
- Charge-off cycle dates varied; consumer credit card loans were ~92% of total receivables.

## SEC filing metadata
- accession: 0001601712-25-000198
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000198/0001601712-25-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000198/syf-20250610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-25-000198
- JSON: https://secwatch.observer/filing/0001601712-25-000198.json
- Plain text: https://secwatch.observer/filing/0001601712-25-000198.txt

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