Synchrony Financial

Q2 FY2026 EarningsQ2 FY26 results presented a positive trajectory in credit quality, with the net charge-off rate declining to 5.3% in June and further to 4.7% in July, significantly beating the delinquency trends observed earlier in the year. Period-end loan receivables reached $102.2B by June-end, slightly ahead of momentum, while the 30+ day delinquency rate stabilized at 4.2%. These credit metrics suggest a robust underlying portfolio performance that likely supported a beat in normalized EPS ($2.13 vs. $2.13 consensus) and net income.