Synchrony Q2 FY26 net earnings fall 8% to $885 million

Synchrony Financial

Synchrony Financial

SYF

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  • Synchrony Financial posted Q2 2026 net earnings of USD 885 million, down 8% from a year earlier; diluted EPS rose to USD 2.59.
  • Net interest income climbed 2% to USD 4.6 billion, as lower interest-bearing liabilities costs offset lower liquidity portfolio and loan yields.
  • Provision for credit losses rose 5% to USD 1.2 billion, reflecting a smaller reserve release than last year; net charge-offs fell to 5.43%.
  • Purchase volume increased 8% to USD 49.8 billion; period-end loan receivables grew 2% to USD 102.2 billion as average active accounts stayed flat at 68.3 million.
  • Added or renewed more than 15 partners, including Suzuki Motor, AmeriVet and Roto-Rooter; capital returned totaled USD 950 million, including USD 850 million of repurchases.


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