Synchrony Financial 2Q’26 net earnings available to common stockholders rise 9% to $946 million - SYF News | RalliesSynchrony Financial 2Q’26 net earnings available to common stockholders rise 9% to $946 million
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SYF• 2Q’26 earnings, margin and credit metrics improve
- Synchrony Financial posted 2Q’26 diluted EPS of $2.59, up 4% from a year earlier; return on assets slipped to 2.9% from 3.2%.
- Net interest income rose 2% to $4.61 billion; net interest margin widened 30 basis points to 15.08%.
- Provision for credit losses fell 5% to $1.15 billion; net charge-offs improved to 5.43% from 5.70%.
- Purchase volume increased 8% to $49.8 billion, led by co-branded cards at $25.8 billion, up 23%; loan receivables grew 2% to $102.2 billion.
- For 2026, it forecast diluted EPS of $9.25-$9.50 with mid-single digit ending loan receivables growth; it expects a net charge-off rate below 5.5%.
