financetom
Business
financetom
/
Business
/
Synchrony Financial's Delinquency, Net Charge-Off Rates Decline vs Year Ago
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Synchrony Financial's Delinquency, Net Charge-Off Rates Decline vs Year Ago
Jul 22, 2025 10:16 AM

12:50 PM EDT, 07/22/2025 (MT Newswires) -- Synchrony Financial's ( SYF ) 30-day-plus loan delinquency rate as a percentage of period-end loan receivables was 4.2% on June 30, unchanged from a month earlier and down from 4.5% a year earlier, according to a regulatory filing Tuesday.

Period-end loan receivables decreased to $99.8 billion from $99.9 billion a month ago and from $102.3 billion a year earlier.

The net charge-off rate was 5.8% on June 30, up from 5.1% a month earlier but down from 6.1% a year ago.

Price: 70.56, Change: +1.12, Percent Change: +1.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Oregon's health authority reviewing UnitedHealth's acquisition of Amedisys
Oregon's health authority reviewing UnitedHealth's acquisition of Amedisys
Mar 19, 2024
(Reuters) - Amedisys ( AMED ) said on Tuesday Oregon's health authority has started a review of UnitedHealth Group's ( UNH ) $3.3 billion acquisition of the home health and hospice caregiver. UnitedHealth ( UNH ) had announced the acquisition in June, after competing with Option Care Health. The acquisition was meant to help expand UnitedHealth's ( UNH ) presence...
BRIEF-CTO Realty Growth Announces Sale Of Mixed-Use Property In New Mexico For $20.0 Million
BRIEF-CTO Realty Growth Announces Sale Of Mixed-Use Property In New Mexico For $20.0 Million
Mar 19, 2024
March 19 (Reuters) - CTO Realty Growth Inc ( CTO ): * CTO REALTY GROWTH ANNOUNCES SALE OF MIXED-USE PROPERTY IN SANTA FE, NEW MEXICO FOR $20.0 MILLION * CTO REALTY GROWTH ( CTO ): ANTICIPATE USING PROCEEDS FROM SALE TO FUND ACQUISITION OF CORE POWER CENTER IN ORLANDO MSA Source text for Eikon: Further company coverage: ...
Boeing must improve quality before it can boost 737 production, FAA says
Boeing must improve quality before it can boost 737 production, FAA says
Mar 19, 2024
WASHINGTON, March 19 (Reuters) - The head of the Federal Aviation Administration said Boeing ( BA ) must improve safety culture and address quality issues before he will allow the planemaker to boost 737 MAX production. The FAA in late January told Boeing ( BA ) it would not allow the company to expand 737 MAX production in the wake...
Peru copper production dips 1.2% in January
Peru copper production dips 1.2% in January
Mar 19, 2024
LIMA, March 19 (Reuters) - Copper production in Peru, the world's No. 2 producer of the red metal, slipped 1.2% in January from the same month the year earlier to some 205,375 metric tons, the Andean nation's mines and energy ministry said on Tuesday. The new figures come after a 17% drop in output from MMG's Las Bambas mine and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved