EX-99.12creditstatsfinancialtables.htmEX-99.1 Document
Exhibit 99.1
SYNCHRONY FINANCIAL
MONTHLY CHARGE-OFF AND DELINQUENCY STATISTICS
AS OF AND FOR EACH OF THE THIRTEEN MONTHS ENDED
(unaudited, $ in billions)
The following table provides monthly charge-off and delinquency statistics as of and for each of the thirteen months ended July 31, 2026.
Jul 31,
2026
Jun 30,
2026
May 31,
2026
Apr 30,
2026
Mar 31,
2026
Feb 28,
2026
Jan 31,
2026
Dec 31,
2025
Nov 30,
2025
Oct 31,
2025
Sep 30,
2025
Aug 31,
2025
Jul 31,
2025
Period-end loan receivables
$
102.6
$
102.2
$
101.7
$
100.9
$
100.1
$
99.9
$
101.7
$
103.8
$
101.7
$
100.4
$
100.2
$
100.2
$
100.3
Loan receivables held for sale
$
—
$
—
$
—
$
—
$
—
$
—
$
—
$
—
$
—
$
—
$
0.2
$
0.2
$
0.2
Average loan receivables, including held for sale
$
101.9
$
101.3
$
100.6
$
100.2
$
99.3
$
100.7
$
102.1
$
102.8
$
100.3
$
99.8
$
100.1
$
99.9
$
99.7
30+ delinquency rate(1)
4.2
%
4.2
%
4.2
%
4.3
%
4.5
%
4.7
%
4.6
%
4.5
%
4.5
%
4.5
%
4.4
%
4.3
%
4.2
%
Net charge-off rate(1)(2)
4.7
%
5.3
%
5.5
%
5.5
%
5.8
%
5.8
%
4.7
%
5.5
%
5.6
%
5.0
%
5.3
%
5.1
%
5.1
%
Recovery adjustment(3)
0.2
%
(0.1)
%
(0.1)
%
0.1
%
—
%
—
%
—
%
(0.1)
%
(0.2)
%
0.3
%
(0.2)
%
0.2
%
—
%
Adjusted net charge-off rate(4)
4.9
%
5.2
%
5.4
%
5.6
%
5.8
%
5.8
%
4.7
%
5.4
%
5.4
%
5.3
%
5.1
%
5.3
%
5.1
%
(1) References to “30+ delinquency rate” are to over-30 day loan delinquencies as a percentage of period-end loan receivables. References to “net charge-off rate” are to net charge-offs (annualized) as a percentage of average loan receivables, including held for sale. Net charge-offs consist of uncollectible principal balances, net of recovered amounts. Uncollectible interest and fees receivables are written off as a reduction of interest and fees on loans.
(2) Charge-offs are executed on charge-off cycle dates which occur on various days during each calendar month. The number of different charge-off cycle dates in each month varies based on such factors as the calendar and the timing of billing cycles. As a result, the amount of charged-off loan receivables can vary between monthly periods with no corresponding change in the performance of the portfolio. The following table sets forth the number of different charge-off cycle dates for our consumer credit card loan receivables, which represent greater than 90% of total period end loan receivables at July 31, 2026, for the calendar months indicated.
2025
2026
January
28
25
February
28
28
March
28
30
April
29
28
May
25
28
June
30
28
July
28
28
August
28
28
September
28
29
October
28
25
November
28
30
December
29
28
(3) Represents adjustment to allocate recoveries, including debt sales, evenly across the three calendar months of each respective quarterly reporting period. The adjustments for periods other than for the last month of each calendar quarter incorporate estimated recoveries for the applicable full quarterly reporting period. Such estimates are subject to change within each applicable quarter and may differ from actual quarterly results.
(4) Adjusted net charge-off rate represents adjusted net charge-offs as a percentage of average loan receivables, including held for sale. Adjusted net charge-offs are a non-GAAP financial measure that include the 'recovery adjustment' defined above. We believe the presentation of the adjusted net charge-off rate is useful to investors as it represents a monthly measure which is more indicative of both our quarterly and annual net charge-off rates.
1
Mentions · how they’re counted
| Category | Underlined | Word counter | Model’s count |
|---|---|---|---|
| AI AI, artificial intelligence, generative AI, machine learning, large language model, LLM | 0 | — | — |
| Layoffs layoffs, RIF, headcount reduction, workforce optimization, restructuring | 0 | — | — |
| Recession recession, downturn, contraction, slowdown | 0 | — | — |
| Tariffs tariff, trade war, trade barriers, trade restrictions, trade policy | 0 | — | — |
| Buybacks share repurchase, buyback program | 0 | — | — |
Underlines use the same word lists the scores use. AI, recession and tariffs follow Palanor’s word counter, so those counts match it exactly on the same text. Layoffs and buybacks use the terms the model was given. The model’s count is an estimate by meaning, not by string, so it can differ from the underlines.
Source: SEC EDGAR · public domain · Highlights by Palanor