secwatch.observer — SEC 8-K summary
======================================

Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001601712-25-000249
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony reports July 2025 credit metrics: 30+ delinquency 4.2%, net charge-off rate 5.1%
--------------------------------------------------------------------------------

- Period-end loan receivables of $100.3B, down from $104.7B in Dec 2024; held for sale $0.2B.
- 30+ delinquency rate stable at 4.2% (June 4.2%, July 2024 4.6%).
- Net charge-off rate (annualized) of 5.1%, improved from 5.8% in June and 6.2% in July 2024.
- Adjusted net charge-off rate of 5.1% after recovery allocation; credit quality trending favorably.
- Average loan receivables (incl. held for sale) of $99.7B for the month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000249/0001601712-25-000249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000249/syf-20250815.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000249

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