Synchrony Financial SYF Business Segments — Provision for Credit Losses
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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 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 total expense recognized in the income statement to maintain an adequate allowance for expected credit losses. This represents the anticipated cost of bad debt for the period.