---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-25-000256"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2025-10-15T23:59:59+00:00"
generated_at: "2026-05-17T03:44:15.970823+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q3 net earnings $1.1B ($2.86 EPS) vs $789M; purchase volume up 2%, credit metrics improve

## Summary
- Net earnings $1.077B ($2.86 diluted EPS), up 37% YoY from $789M ($1.94).
- Purchase volume +2% to $46.0B; loan receivables -2% to $100.2B; net interest margin +58bps to 15.62%.
- Net charge-offs 5.16% (down 90bps YoY); 30+ day delinquencies 4.39% (down 39bps).
- Board approved incremental $1.0B buyback; total repurchase authorization $2.1B through June 2026.
- Returned $971M in capital ($861M buybacks, $110M dividends); CET1 ratio 13.7%.

## SEC filing metadata
- accession: 0001601712-25-000256
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2025-10-15T23:59:59+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/1601712/000160171225000256/0001601712-25-000256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171225000256/syf-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-25-000256
- JSON: https://secwatch.observer/filing/0001601712-25-000256.json
- Plain text: https://secwatch.observer/filing/0001601712-25-000256.txt

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