Synchrony reports Q1 EPS $2.27, consensus $2.16

Reports CET1 ratio 12.7%. Net interest margin increased 76 basis points to 15.50%. Tangible book value per share increased 8% to $37.62. “Synchrony’s (SYF) year is off to a strong start with record first quarter purchase volume,” said Brian Doubles, Synchrony’s President and Chief Executive Officer. “The broad utility and strong value propositions of our product offerings continued to resonate with both new and existing customers, contributing to continued sequential improvement in our average active account trends as well as higher spend per account across all five of our platforms. As we look to the remainder of 2026, Synchrony is focused on driving our momentum forward by executing across our key strategic priorities to deepen our customer relationships, extend our reach and deliver still greater outcomes for the many small and midsized businesses, partners and providers we serve at the center of our local and national economies. I am proud to say that we are doing all of this while also earning the privilege of being ranked as the #1 “Best Company to Work For” in the U.S. by Fortune magazine and Great Place to Work in 2026. Together, all of the incredible people at Synchrony have built a high-trust culture that makes us faster, bolder, and better for the customers and partners we serve every single day.”