The company said that as of May 31, 2025, its 30+ delinquency rate was 4.2%, which it defined as over-30-day loan delinquencies as a percentage of period-end loan receivables. The rate for April 30, the prior month, was 4.3%.

1. 01

   The company said that as of May 31, 2025, its 30+ delinquency rate was 4.2%, which it defined as over-30-day loan delinquencies as a percentage of period-end loan receivables. The rate for April 30, the prior month, was 4.3%.

2. 02

   The company said its net charge-off rate was 5.1% for May 2025 and its adjusted net charge-off rate, which reflects a recovery adjustment of 0.1%, was 5.2%. Both rates were 6.3% in April.

3. 03

   Synchrony Financial reported period-end loan receivables of $99.9 billion as of May 31, 2025 and average loan receivables, including held for sale, of $99.2 billion for May. Period-end loan receivables for April were $99.5 billion.

4. 04

   The company explained that the number of charge-off cycle dates varies by month, so the amount of charged-off loan receivables can change between monthly periods with no corresponding change in portfolio performance. It said May 2025 had 25 charge-off cycle dates, and it intends to continue publishing these statistics monthly.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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