Synchrony Financial Business Segments — Provision for income taxes (Note 12) increased by 20.4% to $242.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $227.00M to $242.00M. Over 3 years (FY 2022 to FY 2025), Business Segments — Provision for income taxes (Note 12) shows an upward trend with a 4.2% CAGR.
Changes are generally driven by fluctuations in pre-tax earnings or changes in statutory tax rates rather than operational performance.
Represents the estimated income tax expense allocated to the segment based on its pre-tax earnings and applicable tax ju...
Standard 'Income Tax Provision' found in segment reporting for diversified financial firms.
syf_segment_synchrony_segment_provision_for_income_taxes_note_12| 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 | $236.50M | $236.50M | $236.50M | $236.50M | $166.50M | $166.50M | $166.50M | $166.50M | $415.00M | $201.00M | $239.00M | $199.00M | $227.00M | $289.00M | $352.00M | $201.00M | $242.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -29.6% | +0.0% | +0.0% | +0.0% | +149.2% | -51.6% | +18.9% | -16.7% | +14.1% | +27.3% | +21.8% | -42.9% | +20.4% |
| YoY Change | — | — | — | — | -29.6% | -29.6% | -29.6% | -29.6% | +149.2% | +20.7% | +43.5% | +19.5% | -45.3% | +43.8% | +47.3% | +1.0% | +6.6% |