Synchrony Financial

Q2 FY2026 EarningsQ2 FY26 Net Earnings were $885M, down 8.5% YoY, though diluted EPS grew 3.6% YoY to $2.59 due to aggressive share repurchases. Net interest income rose 1.9% to $4.6B as lower interest expenses offset reduced liquidity portfolio income. Loan receivables grew 2.4% YoY to $102.2B, aided by the Lowe's commercial portfolio acquisition. Asset quality remained stable with over-30 day delinquencies at 4.16% and net charge-offs improving to 5.43% (down 27bps YoY).