# Synchrony Financial (SYF)
card-bank · near-prime · live · latest quarter 2026-06-30 · reporting basis near-prime

**Score 3** (weighted flags). Private-label and co-brand credit card issuer with installment and point-of-sale lending.

## Latest quarter, from the company's own XBRL

| Measure | Value |
|---|---|
| Book total (near-prime) | $102.21B |
| Allowance | $10.31B (10.09% of gross) |
| Provision | $1.20B |
| Net charge-offs | $1.36B (5.39% annualized) |
| Provision / NCO | 0.88 |
| Reserve, quarters of losses | 7.6 |
| 30+ / 60+ / 90+ | – / – / 1.98% |
| Nonaccrual | 0.03% |
| Yield | 21.28% |
| Equity / assets | 13.86% |
| Book growth YoY | 2.4% |

Delinquency note: A revolving card book at the near-prime end. Write-off and recovery elements start in 2021; before that the allowance is tagged but the loss flow is not. No total revenue element exists, so revenue here is interest and fees on loans, the same convention OneMain is shown on.

## Flags

- **Provision below net charge-offs for consecutive quarters** (`reserve_bleed`)
- **Allowance coverage down year over year** (`coverage_falling`)

## Reads on the desk

- HIGH: Reserve bleed: provision has run below net charge-offs for 2 consecutive quarters (latest 2026-06-30, provision $1.20B against $1.36B of net charge-offs). The allowance is absorbing losses it is not being refilled for. Threshold: two consecutive quarters.

## In the news

- 2026-09-09 [Synchrony Financial $SYF Shares Sold by Squarepoint Ops LLC - marketbeat.com](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPVlRncDNqdTZZV0V5YXpYNXdZaXZEQWNYYnBzaTFNbkhWQnBRc3ZFVjlmSlgzd2ttVkUzUmNKX3JPbVpJZHhaeElFZ2VVRHJMSzBFOFdGeEdBenVvX0IxdmtkcmpkbXpvXzJjd1podXcyei0xdm41dlBrUEg1MW1UczFiazJaMVJEbEUwOTV4U1NCXzc2YUFSanEzUm1pLWEyVlhhdkR1WUd0NVJqN0laN1J5alpIYjdJdENB?oc=5) · marketbeat.com
- 2026-08-21 [Synchrony Financial (SYF) Expands OpenAI Ties, Is The Stock Still Cheap? - Yahoo Finance](https://news.google.com/rss/articles/CBMipgFBVV95cUxQY2c1UkVQNGhVQ2d6R0tWZU14UUpiUVRLemJRMDFwWkxjQ0pRQWhnMUhHdUxMQVY2TXNKY05zVFBaMnNFTmZlbVZoaVhodk1ZOUlaeG5oLUk2MDU3UFpSMG1zYmhNY2dIZHVtU0VyeXlxZnZPSzVSRW5HS0l1dlNycTlKUWJEZERZYmJBWU9vTWg1bEdEcm0zUEFxQUJmYmFQNXR1ZUp3?oc=5) · Yahoo Finance
- 2026-09-08 [Barclays conference features Synchrony's finance chief Sept. 14 - stocktitan.net](https://news.google.com/rss/articles/CBMivAFBVV95cUxNRk0tODhIbXNJT3NCaHpzWGd0aGZYY0JjM21PWE1rTEVybDVZUWRld1FrR290VXlmRjBpYl9tVzNYRV9LeXdmR0pDcWFIeTROYXFmSFJpSkdzRmhCYW53QVhySDA0QTh0eHdieVlMTW9ZcUF4blZJbWdHZEVGNWFyUlFtNEk2WmxVX05xOExCYnV2Q2dCQUZVRnFDNjdSeDNyMW1ydGozR1ViMlB0Z09ZTHlsV1FTSHNmUG03UA?oc=5) · stocktitan.net
- 2026-09-03 [Is Synchrony Financial (SYF) Still Undervalued Following Its Recent Pullback? - simplywall.st](https://news.google.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?oc=5) · simplywall.st
- 2026-09-09 [Synchrony Financial $SYF Shares Bought by Amundi - marketbeat.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxNM1FOUVpNWXR4R29FU3JIVHFsMnNTYkRnNU9jcHRsWVdxODNvMWh1WmluRUZBcmU2WkxUbFQtUkkxaXZwWHF4TlphR21rN1Y3b3AwVjYwQWNuUGMwd3RFYkItc3BRcmF5czlLNFdPanpQaml2ZlVOdnVpQjJ0QU1YTDZfclVLQUxVcDJYQUZPcFdSNVYtLTZOOUN3MVNEdEx3MVhpYU5XVzNRb2JV?oc=5) · marketbeat.com
- 2026-08-22 [What Synchrony Financial (SYF)'s Q2 Beat and OpenAI Deal Means For Shareholders - Yahoo Finance](https://news.google.com/rss/articles/CBMinAFBVV95cUxOOFVSLVFwVlFRVnFNcVlyZDA4TzhuYlRaWi1aUGlmMExadVlsbGJGRllyc3QyVGp1dFZ0eFhIY0JYQWhQeXF2TjBEQThzdFJXWExZTXRWdDlybEFmbVNZYkVkZ0Q3SmNVZ1NYR1FWV1NuZDhoNmpFTlBzVkJfTkR0SlhUSDhpdGVIeXRUM3dtZFpuSWRmUWZRd0xtb18?oc=5) · Yahoo Finance
- 2026-08-21 [Synchrony Financial (SYF) Makes Its AI Move With A New Chief AI Officer - simplywall.st](https://news.google.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?oc=5) · simplywall.st
- 2026-09-08 [VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Synchrony Financial $SYF - marketbeat.com](https://news.google.com/rss/articles/CBMi2gFBVV95cUxNbGtLeGZWS2RkZ2ppZ1RVdWRJZ3RfTUZpTDNiRlBBVFNTUnVSSUpBazJRS2NkMVFqS1Z0VTQxSzE3bUM3em9XZGU1Vk1LZGUyWlNBamdRUFZtXzBnQXkyMThtYmJXWDMwOFdjRG83VERmUkFabkFVOGJFc1haU2JHRnVLS3czMmhEb2RIeTdVTjg0RmFnWDRPM2JKTWtSTkdQZjFxUldwb1MzYUtQeWdhYzZjMjBETmo2Sk5KbFZhaUVLaFRDRDBFaU9qbFUwd1gtT3V3NU1XTmg4dw?oc=5) · marketbeat.com

## How to verify

- Page: https://getbookiq.com/intel/#co=SYF
- Data: https://getbookiq.com/intel/data/pubco.json (companies[].hist, columns q, receivables_gross, receivables_net, receivables_fv, book_total, allowance, provision, writeoffs, recoveries, nco, revenue, interest_income, nonaccrual, assets, equity, debt, alw_ratio, nco_rate, yield, prov_nco, nonacc_ratio, equity_ratio, leverage, reserve_qtrs, growth_yoy, alw_chg_yoy, nco_chg_yoy, nonacc_chg_yoy, yield_chg_yoy, eq_chg_yoy, dq30, dq60, dq90, dq_total, dq30_r, dq60_r, dq90_r, dq_total_r, dq90_chg_yoy, dqtot_chg_yoy, score)
- Definitions: https://getbookiq.com/dictionary/#auto-prov_nco
- Source: SEC XBRL company facts. Blank means the filer does not tag that concept, never zero. Peer comparison is within a business model or tier only.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide