secwatch.observer — SEC 8-K summary
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Issuer:     Synchrony Financial (SYF)
CIK:        0001601712
Form:       8-K
Filed at:   2026-06-08T21:45:15+00:00
Accession:  0001601712-26-000023
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601712/000160171226000023/0001601712-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601712/000160171226000023/syf-20260609.htm
  HTML page:      https://secwatch.observer/filing/0001601712-26-000023

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