Synchrony Financial Files 8-K: Monthly Charge-Off and Delinquency Statistics Update

STAMFORD, CT – March 10, 2026: Synchrony Financial (NYSE: SYF), a leading provider of consumer financial services, has filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) to provide the latest update on its monthly charge-off and delinquency statistics as of and for each of the thirteen months ended February 28, 2026.

Key Points for Investors

• Monthly Charge-Off and Delinquency Statistics Released: Synchrony has furnished Exhibit 99.1, which provides a detailed breakdown of its credit performance—including charge-off and delinquency rates—over the past 13 months, through February 28, 2026. These figures are unaudited and stated in billions of dollars.
• Ongoing Transparency: The company will continue to furnish these monthly credit statistics. Notably, for the final month of each calendar quarter, the data will be released in tandem with Synchrony’s quarterly financial results.
• Form 8-K Filing Status: The information presented under Item 7.01 (Regulation FD Disclosure) is furnished, not filed, meaning it is not subject to Section 18 liability of the Securities Exchange Act, unless specifically incorporated by reference in future filings.
• Securities Registered: The filing reiterates the securities traded on the NYSE:
  • Common stock (SYF)
  • Depositary shares, each representing a 1/40th interest in a share of 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (SYFPrA)
  • Depositary shares, each representing a 1/40th interest in a share of 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (SYFPrB)
• No Other Corporate Actions Disclosed: The Form 8-K affirms no written communications, no soliciting material, and no pre-commencement tender offers or issuer tender offers. Synchrony is not an emerging growth company under SEC definitions.

Potential Price-Sensitive Information

• Credit Quality Trends: For investors, the monthly charge-off and delinquency statistics are crucial indicators of Synchrony’s portfolio health and credit risk exposure. Any significant increase (or decrease) in these rates could signal changes in consumer credit conditions or underwriting standards, potentially impacting the company’s future profitability and loss provisions.
• Adjusted Net Charge-Off Rate Disclosure: The company highlights its use of an “adjusted net charge-off rate”—a non-GAAP measure that includes a ‘recovery adjustment.’ This metric, more indicative of quarterly and annual trends, helps investors assess volatility and compare performance over time.
• Quarter-End Timing: Synchrony notes that quarterly-end monthly statistics will be released simultaneously with earnings. Investors should closely monitor these releases, as they may contain material updates on credit performance just as financial results are announced.

What Shareholders Should Watch

• Monthly Credit Metrics: Investors should analyze the Exhibit 99.1 figures for any trend in rising delinquencies or charge-off rates, which could foreshadow higher future credit losses, reserve builds, or margin compression.
• Preferred and Common Shares: The continued performance of the preferred share classes (Series A and B) and common stock are directly tied to Synchrony’s credit performance, with any deterioration or improvement likely to be reflected in share price movements.
• Regulatory and Reporting Practices: The company’s commitment to transparent and regular credit metric disclosures may be positively received by the market, enhancing investor confidence.

Conclusion

There are no other material corporate disclosures, M&A, capital raises, or governance changes in this 8-K filing. The focus is solely on the monthly credit trends and Synchrony’s ongoing transparency.

Access to Full Data

Investors should review the furnished Exhibit 99.1 for the complete set of monthly charge-off and delinquency statistics through February 2026 to understand current trends and potential impacts on Synchrony Financial’s future performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should review Synchrony Financial’s official filings and consult with their financial advisor before making investment decisions.

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