---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-26-000013"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:06:44.548075+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q1 EPS $2.27 beats $1.89 YoY; announces $6.5B buyback, 13% dividend hike

## Summary
- Net earnings $805M ($2.27 diluted EPS) vs $757M ($1.89) in Q1 2025.
- Purchase volume up 6% to $43.0B; loan receivables flat at $100.1B.
- Net charge-offs improved 96 bps to 5.42% of avg loans.
- New $6.5B share repurchase program with no expiration replaces prior program.
- Board approves 13% dividend increase to $0.34/share starting Q3 2026.

## SEC filing metadata
- accession: 0001601712-26-000013
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000013/0001601712-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000013/syf-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-26-000013
- JSON: https://secwatch.observer/filing/0001601712-26-000013.json
- Plain text: https://secwatch.observer/filing/0001601712-26-000013.txt

## Key facts
- Earnings Releases
  Synchrony Financial reported first quarter 2026 results: net income $805 million, EPS $2.27 per diluted share.
  - Period: first quarter 2026
  - Net income: $805 million
  - EPS: $2.27 per diluted share
  - Result: reported results
  source text: Synchrony Financial (NYSE: SYF) today announced first quarter 2026 net earnings of $805 million, or $2.27 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000013/0001601712-26-000013-index.htm

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