other material
confidence high
sentiment positive
materiality 0.40
Synchrony September net charge-off rate falls to 4.7% from 5.3% YoY; delinquency 4.3%
Synchrony Financial
- Period-end loan receivables rose to $103.3B at Sep 30, 2026 from $100.2B a year earlier; average receivables were $102.7B vs $100.1B.
- 30+ day delinquency rate was 4.3% at Sep 30, 2026, versus 4.4% at Sep 30, 2025 and 4.2% at Aug 31, 2026.
- Net charge-off rate was 4.7% in Sep 2026, down from 5.3% in Sep 2025; adjusted net charge-off rate was 4.6% vs 5.1%.
- Recovery adjustment was -0.1% in Sep 2026; Synchrony notes charge-offs can vary with 25-30 cycle dates per month.