---
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"
generated_at: "2026-10-20T10:05:28.257150+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Synchrony Q3 net earnings fall 17% to $892M; EPS $2.68 vs $2.86, purchase volume up 8%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-26-000040
- JSON: https://secwatch.observer/filing/0001601712-26-000040.json
- Plain text: https://secwatch.observer/filing/0001601712-26-000040.txt

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