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Synchrony Financial SYF Business Segments — Provision for income taxes (Note 12)

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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:IncomeTaxExpenseBenefit.

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 income taxes (note 12)?
Synchrony Financial (SYF) reported business segments — provision for income taxes (note 12) of $242M in Q1 2026.
How has Synchrony Financial's business segments — provision for income taxes (note 12) changed year-over-year?
Synchrony Financial's business segments — provision for income taxes (note 12) increased by 6.6% year-over-year, from $227M to $242M.
What is the long-term trend for Synchrony Financial's business segments — provision for income taxes (note 12)?
Over 3 years (2022 to 2025), Synchrony Financial's business segments — provision for income taxes (note 12) has grown at a 4.2% compound annual growth rate (CAGR), from $946M to $1.07B.
What does business segments — provision for income taxes (note 12) mean?
Represents the estimated income tax expense allocated to the segment based on its pre-tax earnings and applicable tax jurisdictions. This reflects the tax burden associated with the segment's profitability. It is essential for calculating the segment's net contribution to the overall corporate bottom line.