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Synchrony reports strong spending growth and stable credit amid rising costs and wage gains.

Company Fundamentals
22 Apr 2026
PYMNTS
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Bullish
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Synchrony's CFO Brian Wenzel highlighted momentum in consumer spending and credit stability despite affordability pressures, driven by wage growth and tax refunds. The company's portfolio shows resilience, especially among non-prime borrowers, supported by earlier credit tightening. Purchase volume hit a record $43 billion with growth across categories, aided by digital partnerships with PayPal and Amazon. Synchrony expects continued receivables and purchase volume growth, supported by new programs and technology investments that improve efficiency and credit management.

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