Allowance for credit losses
Synchrony Financial Allowance for credit losses decreased by 0.1% to $10.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $10.83B to $10.43B. Over 5 years (FY 2020 to FY 2025), Allowance for credit losses shows relatively stable performance with a 0.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher expected defaults or a more conservative risk assessment, while a decrease suggests improved borrower creditworthiness.
Detailed definition
A contra-asset account representing the estimated amount of uncollectible loans and receivables within the company's len...
Peer comparison
Standard for financial institutions; peers with higher-risk loan portfolios will typically maintain higher allowance ratios.
bank_allowance_for_credit_lossesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.02B | $8.62B | $8.69B | $8.65B | $8.81B | $9.10B | $9.53B | $9.52B | $9.80B | $10.18B | $10.57B | $10.91B | $10.98B | $11.03B | $10.93B | $10.83B | $10.56B | $10.37B | $10.44B | $10.43B |
| QoQ Change | — | -4.5% | +0.8% | -0.4% | +1.8% | +3.3% | +4.7% | -0.1% | +3.0% | +3.8% | +3.9% | +3.2% | +0.7% | +0.4% | -0.9% | -0.9% | -2.4% | -1.8% | +0.7% | -0.1% |
| YoY Change | — | — | — | — | -2.4% | +5.6% | +9.7% | +10.0% | +11.3% | +11.8% | +11.0% | +14.6% | +12.0% | +8.4% | +3.4% | -0.7% | -3.8% | -5.9% | -4.5% | -3.7% |
| % of Net loans | 11.5% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Share Change | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Allowance for credit losses at Other Companies
Frequently Asked Questions
- What is Synchrony Financial's allowance for credit losses?
- Synchrony Financial (SYF) reported allowance for credit losses of $10.43B in Q1 2026.
- How has Synchrony Financial's allowance for credit losses changed year-over-year?
- Synchrony Financial's allowance for credit losses decreased by 3.7% year-over-year, from $10.83B to $10.43B.
- What is the long-term trend for Synchrony Financial's allowance for credit losses?
- Over 5 years (2020 to 2025), Synchrony Financial's allowance for credit losses has grown at a 0.3% compound annual growth rate (CAGR), from $10.27B to $10.44B.
- What does allowance for credit losses mean?
- The reserve set aside to cover potential losses from loans that may not be repaid.