Synchrony Financial Business Segments — Noninterest Expense decreased by 5.9% to $1.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $1.24B to $1.32B. Over 3 years (FY 2022 to FY 2025), Business Segments — Noninterest Expense shows an upward trend with a 5.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lowering this relative to revenue indicates improved operating leverage and efficiency, while rising costs may compress margins.
The sum of all operating costs required to run the segment, excluding interest expense and credit loss provisions. This...
Commonly referred to as 'Operating Expenses' or 'Non-Interest Expense' across the banking industry.
syf_segment_synchrony_segment_noninterest_expense| 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 | $1.08B | $1.08B | $1.08B | $1.08B | $1.19B | $1.19B | $1.19B | $1.19B | $1.21B | $1.18B | $1.19B | $1.27B | $1.24B | $1.25B | $1.25B | $1.40B | $1.32B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.7% | +0.0% | +0.0% | +0.0% | +1.4% | -2.4% | +1.0% | +6.6% | -1.9% | +0.2% | +0.2% | +12.1% | -5.9% |
| YoY Change | — | — | — | — | +9.7% | +9.7% | +9.7% | +9.7% | +1.4% | -1.1% | -0.0% | +6.5% | +3.1% | +5.8% | +5.0% | +10.4% | +5.9% |