secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001601712-25-000264
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony Nov 2025 credit stats: 30+ delinquency 4.5% (flat MoM, -40bp YoY), net charge-off 5.6%
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- Period-end loan receivables $101.7B, up from $100.4B in Oct and down from $102.9B a year ago.
- 30+ delinquency rate 4.5%, unchanged from Oct and improved from 4.9% in Nov 2024.
- Net charge-off rate 5.6% (annualized), up from 5.0% in Oct but down from 6.2% a year ago.
- Adjusted net charge-off rate (non-GAAP) 5.4%, compared to 5.3% in Oct and 6.2% in Nov 2024.
- Recovery adjustment of -0.2% this month reflects quarterly recovery allocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000264/0001601712-25-000264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171225000264/syf-20251209.htm
  HTML page:      https://secwatch.observer/filing/0001601712-25-000264

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