secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001601712-25-000262
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony Oct credit stats: 30+ delinquency 4.5%, adj. NCO 5.3%
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- Period-end loans $100.4B vs $100.2B in Sep; 30+ delinquency 4.5% (Sep: 4.4%, Oct 2024: 4.9%).
- Net charge-off rate (annualized) 5.0% vs 5.3% in Sep and 6.2% year ago.
- Adjusted net charge-off rate 5.3% vs 5.1% in Sep; recovery adjustment added 0.3%.
- Charge-off cycle dates varied: credit card portfolio had 28 dates in Oct vs 28 in Sep.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000262/0001601712-25-000262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000262/syf-20251112.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000262

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