Synchrony Financial has reported its monthly charge-off and delinquency statistics as of and for each of the thirteen months ended August 31, 2025. The period-end loan receivables for August 31, 2025, stood at $100.2 billion, slightly lower compared to the previous month's $100.3 billion. The average loan receivables, including those held for sale, also saw a minor decrease from $99.7 billion in July 2025 to $99.5 billion in August 2025.
The 30+ delinquency rate for August 31, 2025, was 4.3%, showing a slight increase from the previous month's 4.2%. The net charge-off rate for the same period remained constant at 5.1%. However, the adjusted net charge-off rate, which includes the recovery adjustment, decreased from 5.1% in July 2025 to 5.3% in August 2025.
It's worth noting that there was a recovery adjustment of 0.2% in August 2025, which was absent in July 2025. This adjustment represents the allocation of recoveries, including debt sales, evenly across the three calendar months of each respective quarterly reporting period.
Following these announcements, the company's shares moved 1.24%, and are now trading at a price of $76.07. For more information, read the company's full 8-K submission here.
