secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2026-05-14T21:38:25+00:00
Accession:  0001601712-26-000021
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synchrony Financial April 2026 credit metrics: net charge-off rate falls to 5.5% from 6.3% YoY
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- Period-end loan receivables of $100.9B, up from $99.5B in April 2025.
- 30+ day delinquency rate 4.3%, flat compared to 4.3% a year earlier.
- Net charge-off rate (annualized) 5.5%, down from 6.3% in April 2025.
- Adjusted net charge-off rate 5.6%, also down from 6.3% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171226000021/0001601712-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171226000021/syf-20260515.htm
  HTML page:      https://secwatch.observer/filing/0001601712-26-000021

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