Synchrony Financial Total provisions for credit losses decreased by 7.4% to $1.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.5%, from $1.49B to $1.34B. Over 4 years (FY 2021 to FY 2025), Total provisions for credit losses shows an upward trend with a 63.8% CAGR.
other_provision_for_loan_losses_expensed| 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 | -$194.00M | $25.00M | $561.00M | $521.00M | $724.00M | $929.00M | $1.20B | $1.29B | $1.38B | $1.49B | $1.80B | $1.88B | $1.69B | $1.60B | $1.56B | $1.49B | $1.15B | $1.15B | $1.44B | $1.34B |
| QoQ Change | — | +112.9% | >999% | -7.1% | +39.0% | +28.3% | +29.3% | +7.4% | +7.2% | +7.6% | +21.2% | +4.4% | -10.2% | -5.6% | -2.3% | -4.5% | -23.1% | +0.0% | +25.8% | -7.4% |
| YoY Change | — | — | — | — | +473.2% | >999% | +114.1% | +147.6% | +91.0% | +60.2% | +50.2% | +46.0% | +22.3% | +7.3% | -13.5% | -20.9% | -32.2% | -28.2% | -7.6% | -10.5% |
| Segment | Q1 '25 | Q1 '26 |
|---|---|---|
| Synchrony Segment | $1.49B | $1.34B |
| Total | $1.49B | $1.34B |