Business Segments — Provision for Credit Losses
Synchrony Financial Business Segments — Provision for Credit Losses decreased by 10.5% 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 2 years (FY 2022 to FY 2024), Business Segments — Provision for Credit Losses shows an upward trend with a 41.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher provisions suggest management anticipates higher default rates, while lower provisions suggest a more stable or improving credit environment.
Detailed definition
The total expense recognized in the income statement to maintain an adequate allowance for expected credit losses. This...
Peer comparison
Standard 'Provision for Credit Losses' in financial reporting.
syf_segment_synchrony_segment_provision_for_credit_lossesHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $843.75M | $843.75M | $843.75M | $843.75M | $1.49B | $1.49B | $1.49B | $1.49B | $1.68B | $1.68B | $1.68B | $1.68B | $1.49B | $1.34B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +76.7% | +0.0% | +0.0% | +0.0% | +12.9% | +0.0% | +0.0% | +0.0% | -11.4% | -10.5% |
| YoY Change | — | — | — | — | +76.7% | +76.7% | +76.7% | +76.7% | +12.9% | +12.9% | +12.9% | +12.9% | -11.4% | -10.5% |
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Frequently Asked Questions
- What is Synchrony Financial's business segments — provision for credit losses?
- Synchrony Financial (SYF) reported business segments — provision for credit losses of $1.34B in Q1 2026.
- How has Synchrony Financial's business segments — provision for credit losses changed year-over-year?
- Synchrony Financial's business segments — 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 business segments — provision for credit losses?
- Over 2 years (2022 to 2024), Synchrony Financial's business segments — provision for credit losses has grown at a 41.2% compound annual growth rate (CAGR), from $3.38B to $6.73B.
- What does business segments — provision for credit losses mean?
- The expense recorded to cover expected future loan losses.