Synchrony Financial filed a Form 8-K on October 20, 2026, to disclose monthly credit performance statistics as of September 30, 2026. The filing includes a table detailing loan receivables, delinquency rates, and net charge-off rates for the thirteen months ending September 30, 2026.
As of September 30, 2026, the company reported period-end loan receivables of $103.3 billion. The company also reported an average loan receivables figure of $102.7 billion for the same period.
Regarding credit performance, the 30+ delinquency rate was reported at 4.3% as of September 30, 2026. The net charge-off rate for the month was 4.7%, calculated as net charge-offs (annualized) as a percentage of average loan receivables. Synchrony also provided an adjusted net charge-off rate of 4.6%, which includes a recovery adjustment of (0.1)%.
The filing notes that net charge-offs are executed on various charge-off cycle dates throughout each month, which can cause fluctuations in monthly amounts without a corresponding change in portfolio performance. The company stated that it intends to continue furnishing these statistics on a monthly basis, with statistics for the last month of each calendar quarter furnished contemporaneously with the announcement of financial results.
