---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-26-000023"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2026-06-08T21:45:15+00:00"
generated_at: "2026-06-09T10:09:25.667645+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Synchrony reports May 2026 net charge-off rate of 5.5%, up from 5.1% year ago

## Summary
- Period-end loan receivables $101.7B, up from $99.9B in May 2025.
- 30+ day delinquency rate stable at 4.2% vs 4.2% a year earlier.
- Adjusted net charge-off rate 5.4% vs 5.2% in May 2025.
- Net charge-off rate increased 40 bps YoY to 5.5%.
- Average loan receivables $100.6B in May 2026 vs $99.2B in May 2025.

## SEC filing metadata
- accession: 0001601712-26-000023
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2026-06-08T21:45:15+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000023/0001601712-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000023/syf-20260609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-26-000023
- JSON: https://secwatch.observer/filing/0001601712-26-000023.json
- Plain text: https://secwatch.observer/filing/0001601712-26-000023.txt

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