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Synchrony Financial (SYF)
NYSE:SYF
US Market
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Synchrony Financial (SYF) Net Interest Margin

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Net Interest Margin

Measures the gap between interest earned on loans and interest paid on funding, expressed relative to the asset base. For Synchrony, a higher margin means its credit and card lending are more profitable, while a shrinking margin can signal pressure from rising funding costs, competitive pricing, or changes in the loan mix.
After a mid‑cycle dip, Synchrony’s margin has re‑expanded into its prior high range—driven, per management, by higher loan yields (including newer PPPC/co‑brand balances) and lower funding costs—supporting guidance for net interest income growth. That upside is mix‑dependent: rising payment rates, seasonally peaking charge‑offs, and slower receivables growth temper sustainability, so future margin gains look tied to continued funding improvements and portfolio composition rather than broad-based organic loan growth.
Date
Net Interest Margin
Jun 30, 2026
15.08
Mar 31, 2026
15.50
Dec 31, 2025
15.83
Sep 30, 2025
15.62
Jun 30, 2025
14.78
Mar 31, 2025
14.74
Dec 31, 2024
15.01
Sep 30, 2024
15.04
Jun 30, 2024
14.46
Mar 31, 2024
14.55