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Synchrony Financial SYF Provision for Credit Losses

Provision for Credit Losses at other companies

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Segments

By segment

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Synchrony Segment$1.34B-10.5%

Other financials

Income statement

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Net income$805.0M+6.3%
EPS (diluted)$2.27+20.1%

Balance sheet

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Cash & equivalents$20.6B-4.9%
Total debt$16.4B-3.4%
Total equity$16.5B-0.6%
Total assets$121.50B-0.4%

Cash flow

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Operating cash flow$2.2B-0.8%

Valuation

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Market cap$25.58B+2.5%
Enterprise value$21.45B-0.3%
P/E7.1×-0.5×

Returns & leverage

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Return on equity21.8%+3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Synchrony Financial in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLossesExpensed.

The official record: Synchrony Financial’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Synchrony Financial's provision for credit losses?
Synchrony Financial (SYF) reported provision for credit losses of $1.34B in Q1 2026.
How has Synchrony Financial's provision for credit losses changed year-over-year?
Synchrony Financial's provision for credit losses decreased by 10.5% year-over-year, from $1.49B to $1.34B.
What is the long-term trend for Synchrony Financial's provision for credit losses?
Over 4 years (2021 to 2025), Synchrony Financial's provision for credit losses has grown at a 63.8% compound annual growth rate (CAGR), from $726M to $5.23B.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.