SYF Synchrony Financial

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Synchrony Financial Beat Expectations, Narrows Guidance

Tuesday, July 21, 2026 · 6:00 AM ET

Synchrony Financial (SYF) reported earnings of $2.59 per share on revenue of $5.58 billion for the second quarter ended June 2026. The consensus earnings estimate was $2.08 per share on revenue of $4.67 billion. The Earnings Whisper number was $2.16 per share. The company beat expectations by 19.91% while revenue fell 0.05% compared to the same quarter a year ago.

The company said in its earnings presentation it expects 2026 earnings of $9.25 to $9.50 per share. The company's previous guidance was earnings of $9.10 to $9.50 per share, and the current consensus earnings estimate is $9.34 per share for the year ending December 31, 2026.

Synchrony Financial provides credit products through programs established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.

Earnings Whisper Grade —
Power Rating—
Reported Earnings
$2.59
Earnings Whisper®
$2.16
Consensus Estimate
$2.08
Earnings Surprise
Earnings Growth3.6 %
Reported Revenue
$5.58B
Revenue Estimate
$4.67B

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth-0.1 %

Synchrony Reports Second Quarter 2026 Results

Tuesday, July 21, 2026 · 6:00 AM ET PR Newswire

Company Announces Quarterly Common Stock Dividend of $0.34 Per Share

STAMFORD, Conn., July 21, 2026 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its second quarter 2026 results for the fiscal year ending June 30, 2026. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results.

Synchrony Logo

Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website. 

The Company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.34 per share of common stock. The dividend is payable on August 17, 2026 to holders of record at the close of business on August 5, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"), 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock") and 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. Each outstanding share of the Series C Preferred Stock is represented by depositary shares, each representing a 1/100th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share), approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) and approximately $1,409.72 per share on the Series C Preferred Stock (equivalent to $14.09722 per outstanding depositary share) are payable on August 17, 2026 to holders of record at the close of business on August 5, 2026.

About Synchrony 
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.

Contacts 
Investor Relations: 
Kathryn Miller 
(203) 585-6291 
kathryn.miller@syf.com 

Media Relations: 
Tyler Allen
(551) 370-2902
tyler.allen@syf.com

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SOURCE Synchrony Financial