Synchrony Financial

Q3 FY2026 EarningsQ3 FY26 results significantly beat consensus on the bottom line, with diluted EPS of $2.68 exceeding the $2.42 expectation (+10.74%). Net revenue was in-line at $3,818M vs. $3,806M expected, driven by 8.0% YoY purchase volume growth and improved loan yields. Asset quality remained a highlight as the net charge-off rate of 4.79% came in 37bps lower YoY, leading management to guide full-year losses below their long-term 5.5-6.0% target range. Robust capital returns continued with $1.1B in share repurchases during the quarter, further supporting the EPS beat.