Synchrony Financial Loan Book Grows to $101.7 Billion

By Tamara Parker • Tuesday, June 09 16:07 • Permanent Link

Synchrony Financial’s loan book edged up to $101.7 billion at May 31, 2026, from $100.9 billion a month earlier and $99.9 billion a year earlier.

The 30-plus day delinquency rate improved to 4.2% in May from 4.3% in April and 4.5% in March. A year earlier, the rate was also 4.2%.

Net charge-offs were unchanged at 5.5% in May, matching April’s level and down from 5.8% in March. The rate was 5.1% in May 2025.

After the recovery adjustment, the adjusted net charge-off rate was 5.4% in May, down from 5.6% in April and 5.8% in March. A year earlier, the adjusted rate was 5.2%.

Average loan receivables, including held for sale, rose to $100.6 billion in May from $100.2 billion in April and $99.3 billion in March. The market has reacted to these announcements by moving the company's shares 2.06% to a price of $72.005. For more information, read the company's full 8-K submission here.

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