Synchrony Financial Reports Q1 2026 Earnings Results
Synchrony Financial (SYF) reported Q1 2026 earnings with a record purchase volume of $43 billion, up 6% year-over-year. The company saw growth across multiple segments and improved net interest income by 4% to $4.6 billion. The payment rate increased to 16.3%, and the net charge-off rate decreased to 5.42%.
Tickers: $SYF
Topics: earnings financial performance loan receivables net charge-off rate net interest income payment rate purchase volume