Switch to:

Synchrony Financial Credit Losses Provision

: $5,473 Mil (As of Jun. 2020)
View and export this data going back to 2014. Start your Free Trial

Synchrony Financial's credit losses provision for the three months ended in Jun. 2020 was $1,673 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2020 was $5,473 Mil.

Synchrony Financial's quarterly credit losses provision increased from Dec. 2019 ($1,104 Mil) to Mar. 2020 ($1,677 Mil) but then declined from Mar. 2020 ($1,677 Mil) to Jun. 2020 ($1,673 Mil).

Synchrony Financial's annual credit losses provision increased from Dec. 2017 ($5,296 Mil) to Dec. 2018 ($5,545 Mil) but then declined from Dec. 2018 ($5,545 Mil) to Dec. 2019 ($4,180 Mil).


Synchrony Financial Credit Losses Provision Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Synchrony Financial Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,952.00 3,986.00 5,296.00 5,545.00 4,180.00

Synchrony Financial Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,198.00 1,019.00 1,104.00 1,677.00 1,673.00

Synchrony Financial Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2020 was 1019 (Sep. 2019 ) + 1104 (Dec. 2019 ) + 1677 (Mar. 2020 ) + 1673 (Jun. 2020 ) = $5,473 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Synchrony Financial Credit Losses Provision Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)