CareCredit spustil CareCredit Pay Later, jednorázový splátkový úvěr s pevnou RPSN a měsíčními splátkami, který je dostupný téměř ve 20 000 zdravotnických a wellness zařízeních.
CareCredit Pay Later is CareCredit's enhanced installment loan product that will be presented digitally with CareCredit's revolving credit card to give consumers additional payment options and simplified offer comparisons.
Key Highlights:
Supporting providers and consumer choice: Offering more payment choices can help providers meet different consumer preferences, while CareCredit manages administrative and billing workflows.
One credit application. Two ways to pay: CareCredit Pay Later and the CareCredit credit card give eligible consumers two payment options to help manage care expenses.
Responsible credit access: Advanced underwriting through Synchrony PRISM evaluates overall active credit commitments to support responsible lending.
Payment predictability drives consumer decisions: 80% of surveyed consumers say payment options influence which provider they select, and 77% of consumers say having flexible payment options is critical when choosing a recommended treatment plan.
CareCredit stands apart: CareCredit is the only health and wellness financing platform and network that offers revolving credit, installment loans, promotional financing solutions, and broad provider acceptance across more than 290,000 healthcare locations nationwide.
, /PRNewswire/ -- CareCredit, a Synchrony (NYSE: SYF) solution, today launched CareCredit Pay Later, its enhanced and rebranded installment loan product that provides health and wellness consumers with a clear payment plan and defined payoff timeline to help budget for products and elective health and wellness expenses not covered by insurance. CareCredit Pay Later presents another option to CareCredit's existing credit card and offers another way for eligible consumers to plan and pay for care. It is available today at nearly 20,000 health and wellness locations, including select dental, cosmetic, vision, and audiology care providers, with expansion across CareCredit's entire network over time.
CareCredit Pay Later presents another option to CareCredit’s existing credit card and offers another way for eligible consumers to plan and pay for care. It is available today at nearly 20,000 health and wellness locations, including select dental, cosmetic, vision, and audiology care providers, with expansion across CareCredit’s entire network over time.
CareCredit Pay Later is CareCredit’s enhanced installment loan product that will be presented digitally with CareCredit’s revolving credit card to give consumers additional payment options and simplified offer comparisons.
Through a single credit application, eligible consumers can view the full array of CareCredit payment options available to them, so they can choose the product that best fits their budget, including:
CareCredit Pay Later: A one-time-use installment loan, offering fixed monthly payments, a clear payoff timeline, and a fixed APR for defined care expenses.
CareCredit Credit Card and CareCredit Rewards Mastercard®: Reusable revolving credit products that offer special financing options with convenient monthly payments, accepted across 290,000 locations nationwide, as well as select retailers, such as Albertson's, Walgreens and Walmart.
CareCredit Pay Later offers enhanced tools designed to make financing conversations even easier for providers and consumers. The payment calculator, available directly from the Provider Center portal homepage, now includes CareCredit Pay Later and uses each provider's specific promo mix to deliver more accurate estimated payment amounts. In addition, providers can now modify loan amounts before funding, creating greater flexibility to accommodate for treatment plan changes and helping ensure financing stays aligned with care decisions.
To ensure consumers are extended credit responsibly, CareCredit utilizes Synchrony PRISM®, Synchrony's proprietary underwriting platform. PRISM evaluates an applicant's broader financial health — looking beyond static credit scores to evaluate active lines of credit, debt-to-income indicators, and existing loan commitments that may not show on traditional credit reports. Consumers are encouraged to ask their participating CareCredit enrolled provider about the payment options that may be available to them, so they can make an informed decision. CareCredit Fair Financing Principles (FFP) initiative — designed to set a high standard for transparency and consumer education — connects consumers with product comparison guides, budgeting tools like CareCredit's procedure calculator, and an educational consumer guide managing commitments responsibly.
"In an industry where many treatments and products are elective, having flexible ways to pay for care is critical for consumers," said Adam Reinebach, CEO of the American Med Spa Association (AmSpa). "For med spa customers, having choices like the CareCredit credit card and CareCredit Pay Later can make it easier to move forward with the care they want, while benefiting from the confidence of paying through a trusted industry financing partner."
By providing tailored choices up front and allowing participating providers to easily customize promotions and then view, filter, and share available offers, this multi-product experience can help improve treatment conversion and acceptance, while CareCredit eases administrative burdens and helps simplify the payment process.
"When it comes to health and wellness, a 'one-size-fits-all' payment plan doesn't work for everyone," said Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony. "With CareCredit Pay Later, consumers now have more options to choose from based on their purchase, monthly budget, and preferences. By expanding these choices, we're empowering people to plan and pay for the care they want."
Research Shows Payment Clarity and Choice Matter When Planning and Paying for Care
The expanded offering comes as CareCredit consumer research reveals how strongly cost, payment clarity and choice can shape care experiences and decisions.
According to the research:
Cost clarity matters early. 58% of consumers worry about how much care will cost, and 51% say it's not always clear what out of pocket expenses will be.[1] In addition, 77% say knowing the total cost of care upfront is very or extremely important.1
Payment experience can influence provider choice. 80% say payment options influence which provider they select,[2] and 50% would consider switching providers if billing became too cumbersome.1
Credit access can help consumers move forward. 41% say they would likely postpone their care if they could not pay using credit, and 46% would postpone if they had to pay full price upfront.2
To learn more about CareCredit, visit https://www.carecredit.com/.
FAQ
What is CareCredit Pay Later?
CareCredit Pay Later is a single-use installment loan that offers eligible consumers a fixed APR, set monthly payments, and a defined payoff timeline to budget for specific health and wellness expenses.
How does Synchrony ensure CareCredit Pay Later is used responsibly?
CareCredit utilizes Synchrony PRISM®, an advanced underwriting engine that looks at an applicant's complete financial picture. PRISM evaluates overall active debt commitments — including active loans across other platforms — to help ensure applicants are not taking on payments they cannot comfortably manage.
How is CareCredit Pay Later different from the CareCredit credit card?
CareCredit Pay Later is a single-use installment loan that closes once the balance is paid in full. The CareCredit credit card is a reusable line of credit offering deferred interest options and ongoing utility across more than 290,000 provider and retail locations nationwide.
How is CareCredit Pay Later different from Pay In Four?
CareCredit Pay Later offers consumers longer-term installment options with fixed monthly payments, a fixed APR, and defined payoff timelines designed to help budget for larger health and wellness expenses, whereas Pay in four plans typically split smaller purchases into four short-term, bi-weekly payments.
Will checking my eligibility impact my credit score?
No. Consumers can see if they prequalify for CareCredit financing options through a simple application with no hard credit check, meaning there is no impact to their credit score.
Where can I use CareCredit Pay Later?
CareCredit Pay Later is currently rolling out to nearly 20,000 participating health and wellness locations, including select dental, cosmetic, vision, and audiology providers, with planned expansions across CareCredit's network over time. Consumers are encouraged to ask their provider which CareCredit payment options are currently available at their practice.
Can I use a CareCredit Pay Later loan for multiple, ongoing treatments?
CareCredit Pay Later is designed as a single-use loan for a specific treatment, procedure, or purchase. For ongoing care wants and needs, elective care, and repeat use across our provider network, the CareCredit credit card remains an ideal reusable financing option.
How does offering CareCredit Pay Later benefit health and wellness providers and practices?
Because every consumer's financial situation is different, a "one-size-fits-all" approach to payments no longer works. By offering an expanded suite of payment options with a single application, providers can meet diverse consumer wants and needs and help more people say "yes" to recommended care. Furthermore, CareCredit manages all billing and collections, streamlining the payment experience for practice staff and protecting providers against payment delays and defaults.
About the Research
The findings cited in this release are drawn from two CareCredit consumer research studies: Well, Informed, which explored consumer attitudes and experiences related to healthcare costs and payment preferences, and Path to Purchase, which examined when and how payment information influences decisions across the healthcare journey. Respondents across both studies totaled 4,105. Additional methodological information is available upon request.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Synchrony zvýšila celoroční výhled zisku na přibližně 9,50 USD na zředěnou akcii a rozšiřuje úvěrová partnerství do nákupních kanálů využívajících AI a digitálních peněženek.
On its third-quarter 2026 earnings call, held on Oct. 20, 2026, Synchrony (SYF -1.19%) raised its full-year earnings expectation to approximately $9.50 per diluted share. The company is expanding its credit partnerships into artificial intelligence shopping channels and digital wallets to secure future deal flow.
Two key takeaways highlight how this strategy protects long-term value.
1. Artificial Intelligence Integration Secures Distribution at Digital CheckoutShopping channels are shifting toward automated purchasing agents and digital wallets. Embedded partnerships keep consumer financial products visible when buyers browse and compare deals.
Synchrony's enterprise collaboration with OpenAI is designed to strengthen our positioning at the center of AI's next chapter in shopping and payments.
-- Brian D. Doubles, President and Chief Executive Officer2. Data Analytics Drives Credit Approval for Younger Demographic GroupsGen Z and millennial shoppers represent the fastest-growing spend categories across the portfolio. Proprietary underwriting tools evaluate cash flows to approve younger buyers without taking excessive credit risk.
Synchrony leverages over 9 thousand data variables and cash flow underwriting to responsibly deliver purchase power to credit-ready customers.
-- Brian D. Doubles, President and Chief Executive OfficerLooking AheadPurchase volume is running near historic highs, and executives aren't hiding their satisfaction with consumer resilience. Deep retail partner relationships and proprietary data tools provide structural cost advantages as shopping moves online. Management is watching payment normalization and portfolio seasoning across new partner programs.
So as we look to the remainder of this year and the years ahead, Synchrony is executing on what we set out to do.
-- Brian D. Doubles, President and Chief Executive OfficerCapital allocation remains focused on returning excess cash through share buybacks while investing in technology. Expanding multi-product flexibility ensures the portfolio maintains high returns over time.
Our disciplined approach to growth positions us to deliver consistent market leading returns and we are investing in our competitive differentiation to drive long term earnings power and intrinsic value while also returning significant capital to shareholders.
-- Brian J. Wenzel, Executive Vice President and Chief Financial OfficerSynchrony Financial is an advertising partner of Motley Fool Money. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Společnost Synchrony vykázala za čtvrtletí EPS ve výši 2,68 USD, což je o 8,07 % více než odhadovaných 2,48 USD; tržby ve výši 4,81 mld. USD však za očekáváním zaostaly o 0,56 %.
Synchrony (SYF - Free Report) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.86 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.07%. A quarter ago, it was expected that this consumer credit company would post earnings of $2.08 per share when it actually produced earnings of $2.59, delivering a surprise of +24.52%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Synchrony, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $4.81 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 0.56%. This compares to year-ago revenues of $4.72 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Synchrony shares have lost about 11% since the beginning of the year versus the S&P 500's gain of 12.4%.
What's Next for Synchrony?While Synchrony has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Synchrony was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.04 on $4.96 billion in revenues for the coming quarter and $9.40 on $19.05 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, WisdomTree, Inc. (WT - Free Report) , has yet to report results for the quarter ended September 2026. The results are expected to be released on October 30.
This company is expected to post quarterly earnings of $0.30 per share in its upcoming report, which represents a year-over-year change of +30.4%. The consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level.
WisdomTree, Inc.'s revenues are expected to be $181.31 million, up 44.3% from the year-ago quarter.
Company Announces Quarterly Common Stock Dividend of $0.34 Per Share
, /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its third quarter 2026 results for the period ending September 30, 2026. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results.
Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website.
The Company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.34 per share of common stock. The dividend is payable on November 16, 2026 to holders of record at the close of business on November 5, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"), 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock") and 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"). Each outstanding share of Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. Each outstanding share of Series C Preferred Stock is represented by depositary shares, each representing a 1/100th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share), approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) and approximately $1,812.50 per share on the Series C Preferred Stock (equivalent to $18.125 per outstanding depositary share) are payable on November 16, 2026 to holders of record at the close of business on November 5, 2026.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Contacts
Investor Relations:
Kathryn Miller
(203) 585-6291
[email protected]
Media Relations:
Ashley Tufts
(203) 212-6277
[email protected]
Synchrony očekává za čtvrtletí zisk na akcii (EPS) ve výši 2,48 USD, což představuje meziroční pokles o 13,3 %, při tržbách 4,84 miliardy USD. Earnings ESP ve výši +5,87 % naznačuje překonání odhadů.
The market expects Synchrony (SYF - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 20, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis consumer credit company is expected to post quarterly earnings of $2.48 per share in its upcoming report, which represents a year-over-year change of -13.3%.
Revenues are expected to be $4.84 billion, up 2.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.13% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Synchrony?For Synchrony, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +5.87%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Synchrony will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Synchrony would post earnings of $2.08 per share when it actually produced earnings of $2.59, delivering a surprise of +24.52%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Synchrony appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Weave spustila integraci s CareCredit, která personálu zdravotnických ordinací přímo v systému před návštěvou zobrazí stav financování pacienta a výši dostupného úvěru.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading AI-powered patient communications and payments platform purpose-built for healthcare practices, today announced the live availability of its integration with CareCredit, a leading patient financing solution from Synchrony (NYSE: SYF). The integration gives front-office staff real-time visibility into a patient's financing options directly within Weave — bringing one of healthcare's hardest conversations forward, before the appointment begins.
"The Weave team has built a seamless experience for practices that want to offer CareCredit at the point of care," said Greg Pierce, SVP Network Solutions at Synchrony (CareCredit).
Share For most patients, the question of how to pay comes last: after the exam, after the recommendation, often as a surprise at checkout. That timing has consequences. Out-of-pocket costs remain one of the most common reasons patients delay or decline treatment. By surfacing a patient's CareCredit status and available credit at the start of the visit, Weave replaces sticker shock with an informed conversation — and gives practices a way to solve cost alongside the patient rather than let it stand between them and care.
It's also the latest expression of Weave's single-system approach: financing no longer lives in a separate portal, but inside the workflow where the front office already works.
"Affordability is one of the defining challenges facing patients, and practices are navigating shrinking margins at the same time," said Marcus Bertilson, Chief Operating Officer at Weave. "By making CareCredit a native part of the front-office experience, we're giving practices the tools to meet patients where they are financially — and to move more care forward. When staff can see a patient's available credit before the appointment, cost stops being the obstacle and starts being part of the plan."
Key benefits of the integration include:
The financial conversation, moved up front. Staff can view a patient's CareCredit status and available credit directly within Weave — no switching between systems. CareCredit helps broaden access to recommended treatment. Promotional financing options help more patients confidently move forward with the care they want or need. Deeper payments adoption. 43% of recently surveyed Weave payments customers said they would use Weave's payment services exclusively once CareCredit is added. A modern, mobile-first experience. Practices can initiate CareCredit payments in-office or via a text-to-pay link, and patients can apply for credit directly within Weave or on their own device — meeting patients where they already are. "The Weave team has built a seamless experience for practices that want to offer CareCredit at the point of care," said Greg Pierce, SVP Network Solutions at Synchrony (CareCredit). "When financing options are visible earlier in the patient journey — at a moment when clearer options can make a real difference — practices can have more confident conversations, and more patients move forward with the treatment they need."
To learn more about Weave Payments, visit https://www.getweave.com/carecredit/.
About Weave
Weave is a leading vertical SaaS company delivering an AI-powered patient engagement and payments platform purpose-built for modern healthcare practices. More than software, Weave is an always-on teammate—handling patient interactions across voice and text and operating at the center of the patient journey. Through agentic AI workflows and authorized integrations with practice management systems, Weave ensures critical tasks like scheduling, insurance verification, and payments happen seamlessly, so nothing falls between the cracks. By embedding AI directly into daily operations, Weave reduces administrative workload, frees up staff to focus on human-centered care, and delivers real-time insights that help practices run smarter and grow with confidence. Serving over 40,000 customer locations, Weave was named a 2026 Best Software Awards winner for healthcare software products by G2. To learn more, visit getweave.com/newsroom.
Synchrony integruje financování CareCredit přímo s platformou Vetspire pro veterinární kliniky. Ve 2. čtvrtletí 2026 vzrostl objem nákupů Health & Wellness meziročně o 2,1 %.
Key Takeaways Synchrony is integrating CareCredit financing directly into Vetspire's platform across billing and checkout.The companies plan to collect clinic-level data to measure workflow efficiency and treatment acceptance.Health & Wellness purchase volume rose 2.1% year over year in the second quarter of 2026. Synchrony Financial (SYF - Free Report) is strengthening CareCredit’s role in veterinary payments by integrating its financing options directly into Vetspire’s AI-enabled practice management platform. The partnership brings financing into the clinical workflow, reducing reliance on separate payment terminals and making financing easier to access during veterinary visits. Vetspire is used by more than 1,000 veterinary hospitals and clinics nationwide.
The integration combines Vetspire’s tools with CareCredit’s financing capabilities across billing and checkout. Vetspire brings medical records, scheduling, payments, inventory and client communications into one platform, while features such as AI scribe are designed to reduce documentation work. Embedding financing within this core workflow can simplify administrative steps and support smoother payment discussions alongside treatment decisions.
The partnership also has expansion potential within Vetspire’s customer base. About 85% of its clinics are already enrolled with CareCredit, leaving the remaining 15% as an opportunity for incremental provider adoption. The companies plan to collect clinic-level performance data, which could help quantify whether the integration improves workflow efficiency and treatment acceptance over time. Such evidence could support further adoption. The partnership also gives participating practices access to CareCredit’s marketing resources, business intelligence support and tools designed to improve financial conversations and treatment acceptance, adding another layer of value beyond payment integration.
For Synchrony, the deal fits a strategy of extending CareCredit into the digital infrastructure surrounding healthcare payments. In the second quarter of 2026, Health & Wellness purchase volume increased 2.1% year over year, with growth primarily reflecting higher Pet spending, while health and wellness loan receivables rose 0.5%.
If embedded payment options lift treatment acceptance and CareCredit utilization, the model could strengthen Synchrony’s position in veterinary finance while giving clinics a practical tool to improve both efficiency and client experience.
How Are SYF’s Peers Faring?Some of SYF’s competitors in the payments space are American Express Company (AXP - Free Report) and Capital One Financial Corporation (COF - Free Report) .
American Express benefits from healthy card spending, with second-quarter 2026 billed business rising 9% year over year. AXP’s total revenues net of interest expense advanced 10% to $19.6 billion in the second quarter, while U.S. consumer spending grew 11%, reflecting resilient demand across its premium card franchise globally.
Capital One is seeing strong momentum in cards following the Discover acquisition. In the second quarter of 2026, Capital One’s credit card purchase volume climbed 26% year over year to $253.8 billion, while Credit Card segment net revenues rose 29%, supported by solid spending and resilient credit performance across customers.
Synchrony Financial hlásí odolné utrácení a po zhruba 2,5 měsíce ve 3. čtvrtletí vidí růst nákupních objemů v horních jednociferných procentech. Potvrdila také výhled na růst pohledávek ve středních jednociferných procentech do konce roku.
OneMain’s Yield Comes With a CatchSynchrony Financial NYSE: SYF Chief Financial Officer Brian Wenzel said the company was seeing high-single-digit purchase-volume growth roughly 2.5 months into the third quarter, consistent with the approximately 8% growth reported during the second quarter.
Speaking at an investor event, Wenzel said spending remained resilient across consumer credit cohorts despite affordability pressures and higher gasoline prices. Super-prime consumers continued to lead growth, while prime customers showed improved strength and non-prime customers trailed modestly but without presenting a concern, he said.
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MarketBeat Week in Review – 06/08 - 06/12Consumers also continued to make discretionary purchases, though Wenzel noted pressure in certain larger-ticket categories, including outdoor and lifestyle, health and wellness services such as dental and cosmetics, and portions of the furniture market. He said the timing of Labor Day shifted some sales activity into September.
Credit Performance Remains a Focus Wenzel characterized Synchrony’s consumer credit performance as a strength, citing delinquency entry rates that are better than 2018 and 2019 levels. Early- and late-stage delinquency trends have remained consistent, although he said five-cycle delinquency was “probably a little bit weaker.”
Synchrony’s Comeback Is Hiding in Plain SightThe company expects losses to rise as newer originations mature, including the Walmart portfolio and accounts generated after Synchrony broadened its credit aperture beginning in the third quarter of the prior year. Still, Wenzel said Synchrony remains comfortable with its underwriting position and expects to originate more than 20 million new accounts this year.
Synchrony’s long-term framework calls for net charge-offs of 5.5% to 6%, while Wenzel said the company is currently operating slightly below the lower end of that range. He said the company continues to widen credit selectively in individual products, channels and verticals where performance supports it, rather than making broad-based changes.
On reserves, Wenzel said the company’s allowance rate was hovering around 10%, compared with approximately 9.7% at the introduction of the CECL accounting standard before the pandemic. He said there could be downward bias in the reserve rate over the medium term, but the company is monitoring macroeconomic risks, Federal Reserve policy, inflation and geopolitical developments.
New Partnerships Support Loan Growth Expectations Wenzel said Synchrony remained confident in its expectation for mid-single-digit receivables growth by year-end, despite receivables being up 2.8% year over year based on the company’s latest monthly report.
He cited contributions from newer and expanded relationships, including Walmart, Lowe’s commercial portfolio, Bob’s Discount Furniture, RH, Chico’s and J.Crew. Synchrony also recently relaunched its Pay Later product in the health and wellness category, which Wenzel said could help build momentum in that vertical.
Digital sales platforms, led by Amazon and PayPal, offer room for additional penetration growth, according to Wenzel. He said a refreshed value proposition for the PayPal card has generated momentum, while Amazon continues to grow. In diversified value, Walmart, TJX and Sam’s Club are expected to be important drivers.
Wenzel said home and auto activity, which was relatively flat earlier in the year, should turn positive in the second half. Health and wellness also is expected to turn positive, while lifestyle remains the most challenging platform because the outdoor industry continues to face pressure.
Over the long term, the company continues to target 7% to 10% growth through the cycle. Wenzel said the target is supported by penetration gains among highly engaged partner customers, growth that could run at roughly twice GDP, the company’s broad credit spectrum and diversification across sales platforms and verticals.
Walmart and Partner Economics Wenzel declined to discuss specific profitability metrics for the Walmart program but described the current offering as more compelling than Synchrony’s earlier relationship with the retailer. He pointed to a competitive annual percentage rate, Walmart+ benefits and a value proposition that can provide 5% back for Walmart+ members.
He said Walmart’s digital expansion and loyal customer base make the partnership a potentially significant growth engine. Synchrony had just completed the program’s first 12 months of origination at the end of August.
Regarding the competitive environment, Wenzel said competition for large co-brand and private-label relationships varies by issuer and retailer. He identified Capital One as selective in pursuing partnerships and said Citi is in transition, potentially creating opportunities for Synchrony. He also noted that fintech competitors tend to concentrate on particular verticals such as health and wellness, home specialty and outdoor.
Most of Synchrony’s larger relationships extend between 2030 and 2035, Wenzel said, while the company has a smaller number of moderate-sized partnerships expiring before 2030. He said Synchrony focuses on maintaining partner relevance and fair economics rather than waiting for contract expiration dates.
Wenzel also emphasized the company’s retail sales agreement, or RSA, model, under which partner payments can rise when credit losses fall and decline when loyalty spending increases. He said the structure aligns Synchrony’s interests with those of its partners and contributes to the stability of its return-on-assets profile.
Technology, Capital and Longer-Term Earnings Synchrony is investing in artificial intelligence, cloud technology and digital product capabilities, Wenzel said. AI applications include improving dispute resolution, streamlining merchant onboarding and preparing for agentic commerce. The company also is working to modernize operational technology and enable multiple product offers, including installment loans and dual-card products.
Wenzel said the company expects improved operating leverage beginning in 2027 as it emphasizes productivity and reallocates spending. He said headcount is expected to decline year over year, partly due to productivity initiatives and AI deployment.
The company recently issued $500 million of preferred stock, which Wenzel said completed its capital stack. With a common equity Tier 1 ratio above 13% at the end of the second quarter, Synchrony’s first capital preference is to support risk-weighted asset growth, followed by dividends, potential bolt-on acquisitions and share repurchases. He said the company aims to move its CET1 ratio closer to its external target of 11%.
Synchrony has not changed its long-term 16% net interest margin framework, Wenzel said. Lower revolving balances and elevated funding costs have pressured the metric, while its payment protection and credit programs have helped support it. He expects net interest margin to rise sequentially in the third and fourth quarters.
About Synchrony Financial (NYSE:SYF)Synchrony Financial NYSE: SYF is a consumer financial services company that provides credit products and financing programs through partnerships with retailers, manufacturers, healthcare providers and other businesses. Its offerings are designed to help consumers finance purchases and manage spending across a range of industries.
The company's products include private-label and co-branded credit cards, promotional financing, installment loans and other consumer payment solutions. Synchrony also provides deposit products and other banking services through Synchrony Bank, including savings accounts, certificates of deposit and money market accounts.
Synchrony primarily serves consumers and business partners in the United States, including customers in retail, home, automotive, healthcare, specialty and other markets.
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A month has gone by since the last earnings report for Synchrony (SYF - Free Report) . Shares have added about 9.4% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Synchrony due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Synchrony Beats Q2 Earnings Estimates, Raises 2026 EPS Outlook
Synchrony reported second-quarter 2026 adjusted earnings per share (EPS) of $2.59, which surpassed the Zacks Consensus Estimate by 24.5%. The bottom line increased 3.6% year over year.
Net interest income increased 1.9% year over year to $4.6 billion but missed the consensus estimate by 1.1%. The growth was driven by lower interest-bearing liability costs, partly offset by lower loan and liquidity portfolio yields.
The quarterly results were driven by record purchase volume, accelerated growth in ending loan receivables despite elevated payment behavior, continued credit strength and an expansion in net interest margin. However, higher operating expenses and an increase in the provision for credit losses partly offset these positives.
Synchrony’s Q2 Results in DetailRetailer share arrangements of Synchrony advanced 3.5% year over year to $1 billion in the second quarter. Total loan receivables were $102.2 billion, up 2.4% year over year. The figure beat the Zacks Consensus Estimate of $101.9 billion as well as our estimate of $101.8 billion.
Total deposits increased 0.7% year over year to $82.8 billion but missed our estimate of $83.5 billion. Provision for credit losses increased 4.8% year over year to $1.2 billion, primarily due to a smaller reserve release than in the prior-year period, partially offset by lower net charge-offs. However, the reported figure came in below our estimate of $1.5 billion.
Synchrony’s purchase volume rose 8.1% year over year to $49.8 billion on higher spend per account. The figure beat the consensus estimate of $48.7 billion and our estimate of $47.7 billion.
Interest and fees on loans increased 1% year over year to $5.4 billion but marginally missed our estimate of $5.5 billion. The increase was driven by higher loan receivables yields, partly offset by lower benchmark rates. Net interest margin expanded 30 basis points year over year to 15.08% but fell short of the Zacks Consensus Estimate of 15.25%.
Average active accounts increased 0.4% year over year at 68.3 million, missing the Zacks Consensus Estimate of 68.9 million and our estimate of 68.7 million.
Total other expenses increased 6.9% year over year to $1.33 billion, slightly above our estimate of $1.30 billion. The efficiency ratio rose 170 basis points year over year to 35.8%, which outpaced the Zacks Consensus Estimate of 35.05%.
Movement in Individual Sales PlatformsHome & Auto period-end loan receivables decreased 0.1% year over year in the second quarter. Purchase volume rose 5.8% year over year, reflecting the performance of new programs. Interest and fees on loans declined 0.1% year over year.
Digital period-end loan receivables inched up 4.4% year over year. Purchase volume increased 9.2%, driven by strong performance across diversified partners. Interest and fees on loans rose 1.8% year over year.
Diversified & Value period-end loan receivables increased 6.5% year over year. Purchase volume increased 11.7%, driven by partner expansion and higher gas sales. Interest and fees on loans increased 1.6% year over year.
Health & Wellness period-end loan receivables inched up 0.5% year over year. Purchase volume increased 2.1% year over year, supported by growth in Pet, partly offset by lower Cosmetic spending. Interest and fees on loans advanced 2.7% year over year.
Lifestyle period-end loan receivables decreased 0.9% year over year in the second quarter. Purchase volume rose 6%, reflecting new program growth and higher spending in Other Apparel and Goods and Luxury. Interest and fees on loans declined 1.9% year over year.
Synchrony’s Financial Position (As of June 30, 2026)Synchrony exited the second quarter with cash and equivalents of $16.2 billion, which increased from the 2025-end level of $15 billion. Total assets of $121.9 billion increased from the 2025-end figure of $119.1 billion. SYF’s balance sheet was consistently strong in the reported quarter, with total liquidity of $19.8 billion accounting for 16.2% of its total assets.
Total borrowings were $16.4 billion, up from $15.2 billion as of Dec. 31, 2025. Total equity of $16.9 billion inched up from the 2025-end figure of $16.8 billion.
Return on assets decreased 30 basis points to 2.9%. Return on equity was 21.4%, which decreased 170 bps year over year.
Capital Deployment UpdateSynchrony returned $950 million to shareholders, including $850 million through share buybacks and $100 million in dividends. As of June 30, 2026, the company had a total remaining repurchase authorization of $5.7 billion, with no expiration date.
SYF’s 2026 GuidanceSynchrony continues to anticipate mid-single-digit growth in period-end loan receivables. Strong purchase volume growth is expected to continue throughout 2026. The payment rate is expected to remain high. SYF expects receivables growth to accelerate in the second half of 2026.
The company narrowed its 2026 earnings per share guidance to $9.25-$9.50 from $9.10-$9.50, raising the lower end of the range.
RSA, as a percentage of average loan receivables, is increasing, reflecting strong program performance, and is expected to remain within the 4-4.5% target range.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -6.95% due to these changes.
VGM ScoresAt this time, Synchrony has a subpar Growth Score of D, a score with the same score on the momentum front. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for value investors.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Synchrony has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Synchrony oznámila enterprise spolupráci s OpenAI, která má přenést financování, odměny a věrnostní programy do AI-native nákupních a platebních zkušeností. Firma také nasadí nejnovější modely OpenAI napříč podnikem.
Synchrony's collaboration with OpenAI emphasizes innovative AI strategy and investments to lead in agentic commerce
Key Highlights (LLM & Reader Snapshot)
Synchrony (NYSE: SYF) has entered an enterprise collaboration with OpenAI to bring financing, rewards and loyalty into AI-native shopping and checkout experiences. Synchrony's ChatGPT plugin, now available in the ChatGPT plugin directory, allows consumers to discover savings and offers within ChatGPT and browse promotional financing, deals and everyday value from participating Synchrony partners in a fast, conversational experience. Synchrony will deploy the latest OpenAI models across its enterprise and is accelerating enterprise-wide AI adoption by building AI fluency with job-relevant training and deploying AI tools to scale high-impact use cases. , /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced an enterprise collaboration with OpenAI to strengthen Synchrony's positioning at the center of AI's next chapter in shopping and payments. The collaboration supports the company's work to bring financing, rewards, and loyalty into AI-native shopping and checkout experiences.
This collaboration is part of Synchrony's strategy across the AI ecosystem to leverage frontier models, technology and innovation collaborations to deliver secure, flexible experiences that preserve merchant and consumer choice as commerce becomes more agent-driven.
"AI is creating an opportunity to reimagine the entire commerce experience - from how customers discover products to how they pay, earn rewards, and build loyalty," said Kaylin Voss, VP of Americas and Industries at OpenAI. "Synchrony is approaching that opportunity from both sides: bringing OpenAI into the experiences it creates for customers and partners, while deploying our most advanced models and tools across its own enterprise. That combination can help Synchrony create better, more seamless experiences for customers while giving its teams the tools to move faster and bring new ideas to life."
"With decades of experience at the intersection of consumer financing, payments, loyalty, and merchant partnerships, Synchrony is uniquely positioned to help shape how AI-powered commerce evolves - securely, and at scale," said Maran Nalluswami, EVP & Chief Strategy and Business Development Officer, Synchrony. "This collaboration with OpenAI marks a major milestone for Synchrony, our millions of customers and hundreds of thousands of partner locations. Together, we aim to ensure the value they've entrusted in Synchrony products will thrive in the agentic commerce era."
As part of the collaboration, Synchrony will deploy the latest models from OpenAI like GPT-5.6 Sol, Terra, and Luna across its enterprise through ChatGPT Work, Codex, and AWS Bedrock, enabling deeper engagement with advanced capabilities, more meaningful product development, and faster technology innovation across the enterprise.
Synchrony has long focused on ensuring its partners extend leadership in every arena of consumer financing —from online shopping to digital wallets. The OpenAI collaboration reflects Synchrony's focus on building AI in a secure, scalable way across the enterprise and strengthens Synchrony's role in defining what trusted, AI-powered commerce looks like.
Synchrony will also launch a ChatGPT plugin into the ChatGPT plugin directory. The plugin will allow consumers to discover savings and offers within the Synchrony Marketplace directly within ChatGPT and browse promotional financing, deals and everyday value from participating Synchrony partners in a fast, conversational experience. By bringing Marketplace offers into ChatGPT, Synchrony is expanding discoverability, creating a more convenient discovery journey and exploring new ways for businesses to drive conversion and engage consumers.
Synchrony is also accelerating enterprise-wide AI adoption by building AI fluency with job-relevant training as well as deploying AI tools to scale high-impact use cases across the organization. With nearly 100% of its professional workforce actively using AI tools like ChatGPT since 2024 and the upcoming access to Chat GPT Enterprise and ChatGPT Work, employees will have the ability to integrate AI into daily workflows to enhance productivity, decision-making, and customer outcomes. Employee trust remains strong, with 90% of employees expressing confidence in Synchrony's commitment to using AI fairly, ethically, and responsibly.
Frequently Asked Questions
Q1: What is the significance of the Synchrony and OpenAI collaboration?
A1: The enterprise collaboration strengthens Synchrony's positioning at the center of AI's next chapter in shopping and payments, bringing financing, rewards and loyalty into AI-native shopping and checkout experiences as commerce becomes more agent-driven.
Q2: How does this compare to existing approaches to AI in consumer financing?
A2: Synchrony is leveraging the benefits of frontier models, technology and innovation collaborations to deliver secure, flexible experiences that preserve merchant and consumer choice. The collaboration reflects Synchrony's focus on building AI in a secure, scalable way across the enterprise and strengthens its role in defining what trusted, AI-powered commerce looks like.
Q3: Where can I learn more about Synchrony's AI-powered commerce products?
A3: Visit www.synchrony.com or the Synchrony investor relations site at https://investors.synchronyfinancial.com/. Synchrony's plugin is available in the ChatGPT plugin directory.
Q4: How is Synchrony using AI across its enterprise?
A4: Synchrony is accelerating enterprise-wide adoption through job-relevant training and AI tools designed to support high-impact use cases across the organization. Nearly 100% of Synchrony's professional workforce is actively using AI tools, soon to include ChatGPT Enterprise and ChatGPT Work, to support daily workflows, productivity, decision-making and customer outcomes.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Forward-Looking Statements
This press release includes certain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. Forward-looking statements may be identified by words such as "will," "aim" or words of similar meaning. The forward-looking statements convey our expectations related to the collaboration with Open AI, and are subject to inherent uncertainties, risks and changes that are difficult to predict, may change over time and many of which are beyond our control. As a result, actual results could differ materially from those indicated in these forward-looking statements. For these reasons, we caution you against relying on any forward-looking statements, which should also be read in conjunction with our public filings, including under the headings "Risk Factors Relating to Our Business" and "Risk Factors Relating to Regulation" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed on February 6, 2026. Any forward-looking statement speaks only as of the date on which it is made and we undertake no obligation to update any forward-looking statement, except as otherwise may be required by law.
Media Contact
Tyler Allen
Synchrony
[email protected]
Synchrony jmenovala Nimroda Baraka novým Chief AI Officer s účinností od 30. června 2026. Má vést firemní AI strategii, správu i nasazení napříč byznysem.
, /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, announced the appointment of Nimrod Barak as Chief AI Officer effective June 30, 2026. Barak will spearhead Synchrony's enterprise AI strategy and execution, accelerating innovation across the business to elevate consumer experiences, unlock new value for partners, and fuel growth.
Synchrony Elevates AI Strategy Hiring Nimrod Barak as Chief AI Officer to Accelerate Innovation. In his new role, Barak will lead Synchrony's enterprise-wide AI strategy, governance, and execution, helping further strengthen how the company serves customers, supports partners, and empowers employees. He will oversee the development and deployment of AI capabilities across the business, accelerating innovation, advancing agentic and intelligent automation initiatives, and ensuring AI is embedded responsibly into products, operations, and decision-making.
"Over the past several years, Synchrony has been thoughtfully rolling out new AI capabilities across the organization and preparing for the next phase of agentic commerce," said Florin Arghirescu, EVP & Chief Technology Officer, Synchrony. "We look forward to Nimrod's leadership to accelerate AI adoption as part of our commitment to responsible innovation built on decades of trust with consumers and partners."
Barak is a globally recognized technology and innovation executive with more than 20 years of experience leading large-scale engineering, data, and AI organizations. Most recently, he served as Managing Director, Head of AI Center of Excellence and Emerging Technologies at Citi. Throughout his career, Barak has built and scaled high-performing global teams, pioneered the deployment of emerging technologies, and helped organizations modernize operations, improve customer experiences, and create new sources of business value through innovation and responsible AI.
Synchrony is scaling enterprise-wide AI readiness and adoption by rolling out AI capabilities across the enterprise and implementing AI focused use-cases. Adoption is strong, with nearly 100% of its professional workforce using AI tools including Synchrony GPT since 2024. And, employee trust is high – 90% of employees trust Synchrony to use AI fairly, ethically, and responsibly.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Media Contact
Tyler Allen
Synchrony
[email protected]
Key Takeaways Synchrony Financial posted record Q2 purchase volume of $49.8B, up 8% year over year.Co-branded card volume surged 23%, while June purchase volume growth accelerated to 11%.Stronger spending could lift loan receivables and net interest income despite elevated payment rates.
Synchrony Financial’s (SYF - Free Report) record purchase volume is an important growth driver for the second half of 2026. It reached an all-time high of $49.8 billion in the second quarter, up 8% year over year, with growth across all five sales platforms. This growth accelerated to 11% in June, showing that spending was gaining strength toward the end of the quarter. This trend suggests that growth should continue in the second half as well.
The quality of this growth is encouraging. Co-branded card purchase volume jumped 23%, accounting for 52% of total purchase volume. Out-of-partner discretionary spending also grew at a double-digit rate despite elevated fuel prices. This shows that customers are not just opening accounts, they are using cards more actively.
Synchrony is also adding to this momentum. It added or renewed more than 15 partners in the second quarter of 2026, while new programs and product upgrades are helping drive customer engagement. The MyLowe’s Pro Rewards acquisition and refreshed DICK’S Sporting Goods program should provide more opportunities to increase card usage.
This is important because higher purchase volume can lead to higher loan receivables and net interest income. In the second quarter of 2026, loan receivables grew only 2% as elevated payment rates limited the benefit of stronger spending. Management expects stronger purchase volume to overcome this pressure in the second half. If spending stays strong, SYF could see higher loan receivables and a further lift to earnings in the near term.
How Are SYF’s Peers Faring?SYF’s peers in the Finance space, including American Express Company (AXP - Free Report) and Capital One Financial Corporation (COF - Free Report) , also benefited from strong card spending in the recent quarter.
American Express benefited from strong card spending, with billed business rising 9% year over year to $455.8 billion in second-quarter 2026. Higher spending helped drive a 10% increase in revenues and an 8% rise in profit, while AXP raised its 2026 revenue-growth outlook to 10%.
Capital One also benefited from strong card spending in second-quarter 2026, with purchase volume rising 15% year over year to $249.2 billion. COF’s solid card activity, along with strong credit performance, is supporting the business and could help sustain results in the coming quarters.
SYF’s Price Performance, Valuation & EstimatesShares of SYF have risen 9.1% over the past year against the industry’s 24.8% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, SYF trades at a forward price-to-earnings ratio of 7.96X, down from the industry average of 17X. SYF carries a Value Score of A.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SYF’s 2026 earnings is pegged at $9.37 per share, implying a 0.5% decline from the year-ago period’s level.
Image Source: Zacks Investment Research
SYF currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Synchrony spojila CareCredit se Stripe, aby zdravotnické a wellness firmy mohly nabízet financování přímo v online pokladně bez další integrace. Zpřístupní to také více než 12 milionům držitelů CareCredit.
Health and wellness providers and retailers using Stripe can soon offer CareCredit to customers directly within their existing payment platform, making it easier to offer trusted financing while expanding access for more than 12 million CareCredit cardholders.
Key Highlights:
Simplified Provider Experience: Health and wellness providers using Stripe will soon be able to activate CareCredit directly online within the payment platform they already use, with no additional integration required. Expanded Patient Access: More than 12 million CareCredit cardholders and new approved applicants will have more opportunities to use their card for health and wellness purchases through participating Stripe providers. , /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a new integration with Stripe, the programmable financial services company, making it easier for Synchrony and Stripe's health and wellness providers and retailers to offer CareCredit financing as part of their online checkout experience.
U.S. health and wellness providers using Stripe or new to Stripe will soon be able to offer CareCredit directly within the platform, eliminating the need for additional integrations while giving patients access to a trusted financing solution at checkout. The initial partnership includes CareCredit's standard card transactions and six-month promotional financing options.
"As more health and wellness purchases move online, providers need payment solutions that are both simple to implement and easy for patients to use," said Beto Casellas, Executive Vice President and Chief Executive Officer of Health & Wellness at Synchrony. "By integrating CareCredit directly into Stripe, we're making it easier for providers to offer trusted financing while helping more than 12 million CareCredit cardholders access the care and wellness products they need through the providers they already trust."
By embedding CareCredit into the platforms that providers already use, the partnership simplifies implementation, supports a streamlined checkout experience, and helps providers offer financing with reduced operational complexity.
For more information, please visit CareCredit.com.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
For more information, visit Synchrony.com.
FAQ
What does the new Stripe integration enable?
It will enable H&W providers using Stripe to easily activate CareCredit as a payment option in their online checkout. This simplifies their payment ecosystem by adding a trusted financing choice directly through the platform they already use, with no new integration required.
How can providers begin offering CareCredit through Stripe?
Providers using Stripe can activate CareCredit directly within their Stripe Dashboard. Once enabled, their customers can use an existing CareCredit card or apply for one during the checkout process.
What benefits does the partnership provide consumers?
Consumers gain access to additional health and wellness providers where they can use their CareCredit card online, expanding financing options for eligible purchases.
How does the Stripe integration improve the merchant experience?
The integration enables Stripe health and wellness providers to activate CareCredit through the payment platform they already use, reducing implementation complexity and creating a more streamlined onboarding and on-going operational experience. Providers leveraging CareCredit via their Stripe integration will have one place to go for all their payment methods for enablement, reporting, reconciliation, chargebacks, etc.
Media Contact:
Tyler Allen
Synchrony
[email protected]
The prevailing narrative says the consumer, squeezed by inflation, higher gas prices and a steady sense of uncertainty, is ready to pull back. Synchrony’s second-quarter results point in a more optimistic direction. People are still using their cards, and much of the growth is coming from how often they spend rather than from bigger individual purchases.
The results, reported Tuesday (July 21), put purchase volume at $49.8 billion, up 8% from $46.1 billion a year earlier. Average active accounts were roughly flat at 68.3 million, compared with 68.1 million a year ago. Co-branded cards did much of the work, accounting for $25.8 billion of purchase volume, a 23% increase.
Those figures describe a consumer that Brian Wenzel, executive vice president and chief financial officer at Synchrony, described in an interview with PYMNTS CEO Karen Webster as more durable than sentiment measures might suggest.
“There’s this perception given gas prices and inflation that the consumer is going to bend or come under a lot of duress,” Wenzel said. “Sales accelerated, even though gas prices are up, inflation was up, but [consumers] continue to spend,” and they continue to spend in discretionary categories, he added.
The company’s data support that view. Discretionary spending as a share of out-of-partner co-branded spend held relatively steady through the first half of the year across super-prime, prime and non-prime customers.
Asked whether that reflected broad consumer health or simply a shift in Synchrony’s portfolio toward prime and super-prime borrowers, Wenzel said mix plays a role, though not in the way conventional assumptions might suggest. “Our non-prime is down 130 basis points quarter on quarter. So yes, mix does help,” he said. “But when you look at that non-prime category, we still see resiliency.” The more noticeable softness, he noted, is among middle-prime consumers, who may be seeing less wage growth while facing affordability pressures.
On whether shoppers are buying more or simply paying more for a bigger basket, Wenzel said the answer came down to frequency rather than ticket size. Average transaction values were down on a reported basis because of portfolio mix, he said, and would have risen just under 2% excluding that effect. Transaction frequency, by contrast, was up roughly 6% to 9%.
“So, really, the consumers that we see are engaging and spending more on a frequent basis,” he said.
The strength was broad based across Synchrony’s businesses. Diversified & Value rose 12% to $17.2 billion, Digital increased 9% to $14.9 billion, Home & Auto advanced 6% to $12.1 billion, Lifestyle gained 6% to $1.5 billion and Health & Wellness increased 2% to $4.1 billion.
Credit Holds as Walmart Adds Volume The growth in spending has not, so far, come at the expense of credit quality. The net charge-off rate was 5.43%, down from 5.70% a year earlier. The 30-plus-day delinquency rate stood at 4.16%, and 90-plus-day delinquencies were 2.01%. The allowance for credit losses eased to 10.09% of period-end loan receivables.
Wenzel credited underwriting changes made in 2023 and 2024, along with a shift in how customers pay. More have enrolled in autopay, he said, and Synchrony has used pre-collection outreach to contact higher-risk customers before their accounts move further into delinquency.
On the analyst call, Synchrony reported a 17% payment rate, roughly 70 basis points above the prior year and about 170 basis points above the 2015 to 2019 pre-pandemic average. The company attributed the difference largely to new portfolios, product-mix shifts and prior credit actions.
The rising payment rate cuts both ways. It signals a healthy consumer, but a faster pace of repayment is not necessarily good for the balance sheet. More than half of the recent increase came from new programs including Walmart and Lowe’s, Wenzel said, with lower promotional balances adding to it. Together, those effects accounted for about 85% of the payment rate increase.
Walmart’s OnePay relationship is also beginning to shape Synchrony’s transaction mix. Wenzel described it as a three-party relationship among Synchrony, OnePay and Walmart, with early adoption concentrated among Walmart+ customers. “The value proposition really resonates with the Walmart+ customer. So we see high engagement with those,” he said. “And those folks are buying more than groceries.”
A Measured Take on AI Synchrony is also exploring where artificial intelligence can improve distribution and productivity, though Wenzel was more measured than much of the rhetoric surrounding the technology. He sees opportunities in commerce and internal productivity, he said, but noted that “the curve of delivering that productivity is slower than people thought.” He also pointed to token, credit and licensing costs as something to watch as providers seek returns on heavy AI investment.
Looking ahead, Synchrony’s earnings call commentary and investor materials indicate the company expects strong purchase-volume growth to continue through 2026, receivables growth to accelerate in the second half, and the full-year net charge-off rate to hold in a range of 5.5% to 6%, and perhaps below that level.
For now, Wenzel said, Synchrony is not seeing the pullback that might be expected from consumers worried about employment or household finances. “We don’t see that fear in folks,” he said, adding that “they’re continuing to spend and [are] confident.”
Synchrony (SYF - Free Report) came out with quarterly earnings of $2.59 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.5 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +24.52%. A quarter ago, it was expected that this consumer credit company would post earnings of $2.27 per share when it actually produced earnings of $2.27, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Synchrony, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $4.61 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $4.52 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Synchrony shares have lost about 12% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Synchrony?While Synchrony has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Synchrony was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.56 on $4.87 billion in revenues for the coming quarter and $9.34 on $19.12 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Virtu Financial (VIRT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This high-speed trading company is expected to post quarterly earnings of $1.67 per share in its upcoming report, which represents a year-over-year change of +9.2%. The consensus EPS estimate for the quarter has been revised 9.6% higher over the last 30 days to the current level.
Virtu Financial's revenues are expected to be $639.48 million, up 12.6% from the year-ago quarter.
Synchrony Financial oznámila hospodářské výsledky za 2. čtvrtletí 2026 a schválila čtvrtletní dividendu 0,34 USD na kmenovou akcii. Splatná bude 17. srpna 2026.
Company Announces Quarterly Common Stock Dividend of $0.34 Per Share
, /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its second quarter 2026 results for the fiscal year ending June 30, 2026. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results.
Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website.
The Company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.34 per share of common stock. The dividend is payable on August 17, 2026 to holders of record at the close of business on August 5, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"), 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock") and 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. Each outstanding share of the Series C Preferred Stock is represented by depositary shares, each representing a 1/100th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share), approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) and approximately $1,409.72 per share on the Series C Preferred Stock (equivalent to $14.09722 per outstanding depositary share) are payable on August 17, 2026 to holders of record at the close of business on August 5, 2026.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Contacts
Investor Relations:
Kathryn Miller
(203) 585-6291
[email protected]
Media Relations:
Tyler Allen
(551) 370-2902
[email protected]
Synchrony Financial čeká ve 2. čtvrtletí růst tržeb o 3,4 % na 4,67 miliardy USD, ale zisk na akcii má meziročně klesnout o 19,2 % na 2,02 USD. Firma má přesto pozitivní Earnings ESP +2,07 %.
Key Takeaways SYF is expected to report Q2 revenue growth, despite a projected year-over-year EPS decline.Synchrony may benefit from higher purchase volumes, net interest margin and growth in key lending segments.SYF has a positive Earnings ESP, while higher operating costs may partially offset business gains. Consumer financial services company, Synchrony Financial (SYF - Free Report) , is set to report second-quarter 2026 results on July 21, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $2.02 per shareon revenues of $4.67 billion.
The second-quarter earnings estimate has witnessed no upward revision and three downward movements over the past 30 days. The bottom-line projection indicates a year-over-year decrease of 19.2%. The Zacks Consensus Estimate for quarterly revenues implies year-over-year growth of 3.4%.
Image Source: Zacks Investment Research
For full-year 2026, the Zacks Consensus Estimate for Synchrony’s revenues is pegged at $19.12 billion, implying an increase of 3.6% year over year. However, the consensus mark for the current year EPS is pegged at $9.34, signaling a decline of around 0.9% on a year-over-year basis.
SYF’s earnings beat the consensus estimate in three of the last four quarters and met once, with the average surprise being 20.7%.
Q2 Earnings Whispers for SYFOur proven model predicts a likely earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is precisely the case here.
Synchronyhas an Earnings ESP of +2.07% and carries a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
What’s Shaping SYF’s Q2 Results?Synchrony is expected to have seen advantages in the second quarter from increased net interest margin and higher purchase volumes. Our model predicts interest and fees on loans of $5.47 billion for the quarter, up 2.6% from a year ago. Higher figures from Health & Wellness and Digital are likely to have anchored the results.
The Zacks Consensus Estimate for net interest margin is pegged at 15.31%, up from 14.78% achieved a year ago, increasing its profitability. The consensus mark for total purchase volumes indicates 5.1% year-over-year growth. The Zacks Consensus Estimate indicates that the total average active accounts are likely to increase 1.2% in the second quarter.
The consensus mark for the net charge-offs ratio is pegged at 5.61, down from 5.70 a year ago. The above-mentioned factors are likely to have benefited the company in the second quarter, positioning it for an earnings beat.
However, Synchrony is expected to have incurred increased information processing and employee costs in the second quarter, partially offsetting the positives. Also, RSA is expected to have increased nearly 10% year over year in the second quarter. SYF is expected to have witnessed a 0.2% decrease in average interest-earning assets.
Other Stocks That Warrant a LookHere are some other companies worth considering from the broader Finance space, as our model shows that these, too, have the right combination of elements to beat on earnings this time around:
Brookfield Asset Management Ltd. (BAM - Free Report) has an Earnings ESP of +4.55% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Brookfield Asset Management’s bottom line for the to-be-reported quarter is pegged at 44 cents per share, which indicates 15.8% year-over-year growth. The consensus estimate for BAM’s revenues is pegged at $1.49 billion, a 15.6% increase from a year ago.
American Express Company (AXP - Free Report) has an Earnings ESP of +0.73% and a Zacks Rank #3 at present.
The Zacks Consensus Estimate for AmEx’s bottom line for the to-be-reported quarter is pegged at $4.41 per share, which increased by 2 cents over the past week and indicates 8.1% year-over-year growth. The consensus estimate for AmEx’s revenues is pegged at $19.62 billion, a 9.9% increase from a year ago.
Virtu Financial, Inc. (VIRT - Free Report) has an Earnings ESP of +14.23% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for Virtu Financial’s bottom line for the to-be-reported quarter is pegged at $1.59 per share, a growth of 3.9% from a year ago. The consensus estimate for VIRT’s revenues is pegged at $602.74 million, a 6.2% year-over-year jump.
