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Synchrony Financial SYF Total Interest Expense

Total Interest Expense at other companies

American Express logo
American ExpressAXP
$682M-3.0%
Ally Financial logo
Ally FinancialALLY
$265M-2.2%
Capital One Financial logo
Capital One FinancialCOF
$3.34B+7.0%
Medallion Financial logo
Medallion FinancialMFIN
$3.61M-2.1%
Bread Financial Holdings logo
Bread Financial HoldingsBFH
$139M0.0%
JPMorgan Chase logo
JPMorgan ChaseJPM

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$25.33B-1.7%
Enterprise value$21.2B-5.0%
P/E-0.8×

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:InterestExpenseDeposits.

The source filing: Synchrony Financial’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 4:14 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001601712-26-000016
($ in millions, except per share data)Three months ended March 31, 2026Three months ended March 31, 2025
Interest on cash and debt securities190238
Total interest income5,6035,550
Interest expense:
Interest on deposits770882
Interest on borrowings of consolidated securitization entities106104
Interest on senior and subordinated unsecured notes92100
Total interest expense9681,086
Net interest income4,6354,464

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Synchrony Financial's total interest expense?
Synchrony Financial (SYF) reported total interest expense of $770M in Q1 2026.
How has Synchrony Financial's total interest expense changed year-over-year?
Synchrony Financial's total interest expense decreased by 12.7% year-over-year, from $882M to $770M.
What is the long-term trend for Synchrony Financial's total interest expense?
Over 4 years (2021 to 2025), Synchrony Financial's total interest expense has grown at a 55.7% compound annual growth rate (CAGR), from $566M to $3.33B.
What does total interest expense mean?
This represents the total cost incurred by the institution to fund its operations through deposits, borrowings, and other debt instruments. It is the primary cost of revenue for a bank. Managing this expense is critical to maintaining a healthy net interest margin.

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