Other

Protection product revenue

Synchrony Financial Protection product revenue increased by 9.5% to $161.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $147.00M to $161.00M. Over 3 years (FY 2021 to FY 2024), Protection product revenue shows an upward trend with a 25.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Growth reflects successful cross-selling and product adoption, while a decline may signal reduced customer interest or regulatory changes.

Detailed definition

Income derived from the sale of optional insurance or debt protection products attached to credit accounts. These produc...

Peer comparison

Common among consumer finance companies; peers report this under fee-based or ancillary revenue categories.

Metric ID: other_noninterest_income_protection_product_revenue

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$71.00M$71.00M$71.00M$96.75M$96.75M$96.75M$96.75M$127.50M$127.50M$127.50M$127.50M$140.50M$140.50M$140.50M$140.50M$147.00M$161.00M
QoQ Change+0.0%+0.0%+36.3%+0.0%+0.0%+0.0%+31.8%+0.0%+0.0%+0.0%+10.2%+0.0%+0.0%+0.0%+4.6%+9.5%
YoY Change+36.3%+36.3%+36.3%+31.8%+31.8%+31.8%+31.8%+10.2%+10.2%+10.2%+10.2%+4.6%+9.5%
Range$71.00M$161.00M
CAGR+22.7%
Avg YoY Growth+22.4%
Median YoY Growth+31.8%
Current Streak16+ quarters growth

Frequently Asked Questions

What is Synchrony Financial's protection product revenue?
Synchrony Financial (SYF) reported protection product revenue of $161.00M in Q1 2026.
How has Synchrony Financial's protection product revenue changed year-over-year?
Synchrony Financial's protection product revenue increased by 9.5% year-over-year, from $147.00M to $161.00M.
What is the long-term trend for Synchrony Financial's protection product revenue?
Over 3 years (2021 to 2024), Synchrony Financial's protection product revenue has grown at a 25.5% compound annual growth rate (CAGR), from $284.00M to $562.00M.
What does protection product revenue mean?
Revenue from selling optional account protection or insurance products.