Business Context and Reporting Period
Company: Synchrony Financial
Filing Type: Form 8-K (Current Report)
Date of Report: August 15, 2025
Reporting Period: The filing provides monthly charge-off and delinquency statistics for the thirteen months ended July 31, 2025.
Key Financial Metrics
This filing does not contain consolidated financial statements, revenue, profit, cash flow, or debt figures. It specifically furnishes operational credit metrics:
- Charge-Off Statistics: Monthly data for the thirteen months ended July 31, 2025.
- Delinquency Statistics: Monthly data for the thirteen months ended July 31, 2025.
Note: Specific numerical values for charge-offs and delinquency rates are contained in Exhibit 99.1, which is referenced but not included in the provided text.
Material Changes
The filing text does not explicitly state material changes versus prior periods. It establishes a continuing practice of furnishing these statistics monthly, with the last month of each quarter reported contemporaneously with quarterly financial results.
Guidance, Outlook, and Risks
Management Commentary: The Company intends to continue furnishing monthly charge-off and delinquency statistics. For the final month of each calendar quarter, these statistics will be released alongside the quarterly financial results announcement.
Legal Status of Information: The information in Item 7.01 and Exhibit 99.1 is furnished pursuant to Regulation FD and is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934. It is not subject to the liabilities of that section nor incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific numerical values of charge-offs and delinquency rates for the thirteen months ended July 31, 2025.
- Compare the July 2025 statistics against the prior year's July data to assess credit quality trends.
- Monitor the upcoming quarterly earnings release for the final month of the quarter's statistics, as they will be reported simultaneously.
- Verify the filing status of the data, noting it is furnished information and not formally "filed" for liability purposes under Section 18.