Synchrony reports $892 million Q3 profit

Synchrony Financial reported third-quarter 2026 net earnings of $892 million, or $2.68 per diluted share, down from $1.1 billion and $2.86 per share a year earlier. Its results exceeded pre-report analyst expectations of roughly $2.40 to $2.42 per share. The company said purchase volume grew across all five sales platforms, with spending reaching a third-quarter record and strongest growth among Generation Z and millennial customers; out-of-partner spending also rose at a double-digit pace. Book value per share increased 8% year over year to $47.64, while tangible book value per share rose 6% to $42.79.