---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-25-000228"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2025-07-22T23:59:59+00:00"
generated_at: "2026-05-18T04:18:05.801787+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q2 net earnings $967M ($2.50 EPS) up 50% YoY; NIM expands, credit trends improve

## Summary
- Diluted EPS $2.50 vs $1.55 YoY; net earnings $967M up 50.4%.
- Net interest income $4.5B (+2.6% YoY); net revenue $3.65B (-1.8% from higher retailer share).
- Net charge-off rate 5.70% vs 6.42% YoY (-72 bps); provision down 32% to $1.15B.
- CET1 ratio 13.6% (up from 12.6%); returned $614M in capital including $500M buyback.
- Renewed Amazon partnership with Synchrony Pay Later; announced OnePay to power Walmart credit card.

## SEC filing metadata
- accession: 0001601712-25-000228
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2025-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000228/0001601712-25-000228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000228/syf-20250722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-25-000228
- JSON: https://secwatch.observer/filing/0001601712-25-000228.json
- Plain text: https://secwatch.observer/filing/0001601712-25-000228.txt

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