{"schema_version":"secwatch.filing_event.v1","accession":"0001601712-26-000040","form_type":"8-K","ticker":"SYF","cik":"0001601712","company_name":"Synchrony Financial","filed_at":"2026-10-20T10:00:51+00:00","discovered_at":"2026-10-20T10:05:00.162110+00:00","generated_at":"2026-10-20T10:05:28.257150+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Synchrony Q3 net earnings fall 17% to $892M; EPS $2.68 vs $2.86, purchase volume up 8%","bullets":["Net earnings $892M, or $2.68 diluted EPS, down from $1.1B/$2.86 in Q3 2025; net interest income rose 2% to $4.8B.","Purchase volume rose 8% to $49.7B; loan receivables grew 3% to $103.3B; average active accounts flat at 68.3M.","Provision for credit losses $1.3B, up 10%, on a $30M reserve build vs a $152M release a year earlier; net charge-offs 4.79% vs 5.16%.","CET1 ratio 12.9% vs 14.3%; returned $1.2B capital, including $1.1B buybacks and $110M dividends; remaining repurchase authorization ~$4.6B.","Declared quarterly dividend $0.34/share vs $0.30, up 13%; added or renewed 10 partners including La-Z-Boy and Fender; announced OpenAI and Stripe integrations."],"urls":{"canonical":"https://secwatch.observer/filing/0001601712-26-000040","json":"https://secwatch.observer/filing/0001601712-26-000040.json","markdown":"https://secwatch.observer/filing/0001601712-26-000040.md","text":"https://secwatch.observer/filing/0001601712-26-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601712/000160171226000040/0001601712-26-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601712/000160171226000040/syf-20261020.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T10:05:28.257150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}