---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-26-000030"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2026-07-21T10:00:35+00:00"
generated_at: "2026-07-21T10:05:07.213473+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q2 net earnings down 8% to $885M; record purchase volume $49.8B up 8%

## Summary
- Net earnings $885M ($2.59 diluted EPS) vs $967M ($2.50) YoY; EPS up 3.6% on share repurchases.
- Record purchase volume $49.8B (+8% YoY); loan receivables $102.2B (+2%); average active accounts flat at 68.3M.
- Net charge-offs improved to 5.43% from 5.70% YoY; 30+ day delinquencies down 2bps to 4.16%.
- Returned $950M in capital ($850M buybacks, $100M dividends); CET1 ratio 13.2% vs 14.2% prior year.
- Added/renewed 15+ partners including Suzuki Motor, AmeriVet, Roto-Rooter; launched MyLowe's Pro Rewards AmEx.

## SEC filing metadata
- accession: 0001601712-26-000030
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2026-07-21T10:00:35+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000030/0001601712-26-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171226000030/syf-20260721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-26-000030
- JSON: https://secwatch.observer/filing/0001601712-26-000030.json
- Plain text: https://secwatch.observer/filing/0001601712-26-000030.txt

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