Synchrony Q2 Net Earnings $885M; $1.8B Buyback, Dividend Hike

Synchrony Financial reported net earnings of $885 million for the second quarter of 2026, a decrease from the prior year, while net interest income increased by 1.9% to $4.61 billion. Loan receivables grew 2.4% to $102.2 billion, and credit quality improved with lower delinquency and net charge-off rates. The company returned capital to shareholders through $1.8 billion in share repurchases and announced an increase in its quarterly dividend to $0.34 per share, alongside strategic expansion including the acquisition of Lowe's commercial credit card portfolio and new partner agreements.