Synchrony Financial reports improved credit metrics: charge-offs fall to 5.3%, delinquencies stable at 4.2%

Filed July 21, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Net charge-off rate improved to 5.3% in June 2026 from 5.5% in May and 5.8% a year earlier, while adjusted charge-offs fell to 5.2% from 5.7% year-over-year, signaling better credit performance.

  Exhibit 99.1 view on EDGAR →
• high

  30+ day delinquency rate held at 4.2% in June, down from a February 2026 peak of 4.7% and matching the June 2025 level, reflecting four consecutive months of improvement.

  Exhibit 99.1 view on EDGAR →
• medium

  Period-end loan receivables grew 2.4% year-over-year to $102.2 billion from, with sequential growth from in March 2026.

  Exhibit 99.1 view on EDGAR →