Synchrony Q3 Earnings Fall to $892 Million as Purchase Volume Rises
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Synchrony Financial's net earnings fell to $892 million in the third quarter of 2026, while purchase volume increased and credit measures improved, presenting a mixed quarterly picture. For the quarter ended Sept. 30, 2026, diluted earnings declined to $2.68 per share from $2.86 a year earlier. Purchase volume rose 8% to $49.7 billion. Net interest margin narrowed 12 basis points to 15.50%. Synchrony's third-quarter results also showed lower delinquency and charge-off rates. Loans at least 30 days past due were 4.34%, down from 4.39%, while loans at least 90 days past due fell to 2.06% from 2.12%.
Source: TokenPost
