Monthly UpdateMay 15, 2026, 06:06 AM
Synchrony Financial April 2026 Delinquency 4.3%, Charge-Off 5.5%
AI Summary
Synchrony Financial has released its monthly charge-off and delinquency statistics for the thirteen months ended April 30, 2026. The company reported an improvement in credit quality metrics, with the 30+ delinquency rate decreasing to 4.3% and the net charge-off rate falling to 5.5% in April 2026, both down from the previous month. Synchrony Financial plans to continue providing these statistics on a monthly basis.
Key Highlights
- Synchrony Financial's 30+ delinquency rate decreased to 4.3% as of April 30, 2026, from 4.5% in March 2026.
- The net charge-off rate improved to 5.5% for April 2026, down from 5.8% in March 2026.
- The adjusted net charge-off rate was 5.6% for April 2026, compared to 5.8% in March 2026.
- Period-end loan receivables increased to $100.9 billion in April 2026 from $100.1 billion in March 2026.
- The April 2026 30+ delinquency rate was consistent with the 4.3% reported in April 2025.
- The April 2026 net charge-off rate of 5.5% showed an improvement from 6.3% in April 2025.
Price Impact
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