Synchrony Q2 Net Earnings $885M, Diluted EPS $2.59

Source Summary

Synchrony Financial reported second quarter 2026 net earnings of $885 million, or $2.59 per diluted share, an 8% decrease from the prior year. Despite the earnings decline, the company saw strong business momentum with purchase volume up 8% to $49.8 billion and loan receivables growing 2% to $102.2 billion. Net interest margin improved by 30 basis points to 15.08%, and credit quality metrics showed improvement with lower delinquency and net charge-offs. Synchrony also returned $950 million to shareholders and expanded its partner network.