Business UpdateApr 21, 2026, 06:11 AM
Synchrony Financial: Delinquency Rate Dips to 4.5% in March
AI Summary
Synchrony Financial reported its monthly charge-off and delinquency statistics for March 2026. The 30+ delinquency rate saw a slight improvement, decreasing to 4.5% from 4.7% in the prior month. However, the net charge-off rate remained flat at 5.8% month-over-month. Period-end loan receivables increased slightly to $100.1 billion.
Key Highlights
- 30+ delinquency rate decreased to 4.5% in March 2026 from 4.7% in February 2026.
- Net charge-off rate remained flat at 5.8% in March 2026 compared to February 2026.
- Period-end loan receivables increased to $100.1 billion in March 2026 from $99.9 billion.
- Adjusted net charge-off rate was 5.8% in March 2026, unchanged from February 2026.
Price Impact
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