Synchrony Financial (SYF) official guidance

Again, given where we are at the end of the third quarter and probably the maturation of some of the new portfolio seasoning, some of the credit action seasoning, you shouldn't expect that same type of seasonal decline in coverage rate in the fourth quarter. It'll be significantly less than that.

This reflects our continued full-year expectations that year-end loan receivables will grow by mid-single digits, net interest income will increase, net charge-offs will be less than 5.5% with delinquency and losses following normal seasonality.

Given the performance of our business through the course of this year, we now expect to deliver approximately $9.50 in diluted earnings per share for the full year, the high end of our original expectations.

We're focused, Brian and I, and the executive leadership team on driving double-digit EPS growth.

This reflects our continued full-year expectations that year-end loan receivables will grow by mid-single digits, net interest income will increase, net charge-offs will be less than 5.5% with delinquency and losses following normal seasonality.

This reflects our continued full-year expectations that year-end loan receivables will grow by mid-single digits, net interest income will increase, net charge-offs will be less than 5.5% with delinquency and losses following normal seasonality.

When I think about NIM, generally for the fourth quarter, again, we have indicated that NIM will increase quarter-on-quarter.

I would say that the team has implemented well over 100 strategies to mitigate operational losses going forward. So we expect that mitigation to happen in 2027 and kind of come down.

RSAs will be higher for the full year, but remain within our long-term target range of 4%-4.5% of average receivables, and other expense dollars in the fourth quarter will generally be in line with the third quarter as we continue investing in Synchrony's capabilities and future growth opportunities.

RSAs will be higher for the full year, but remain within our long-term target range of 4%-4.5% of average receivables, and other expense dollars in the fourth quarter will generally be in line with the third quarter as we continue investing in Synchrony's capabilities and future growth opportunities.

We continue to expect average active account acceleration and strong growth in purchase volume in the back half of this year while maintaining our credit discipline.

This growth should more than offset the impact of elevated payment rate to deliver mid-single-digit growth in ending loan receivables by year-end.

You should see rising net interest margin sequentially as we move through the back half of the year.

As we think about it, our expectation is that operational losses here, again, flatten out to trend downward as you think about it.

Lastly, we expect other expense dollars in the second half of this year to be relatively consistent with the first half as we maintain our focus on driving operating leverage while also investing in Synchrony's capabilities and future growth opportunities.

We continue to expect average active account acceleration and strong growth in purchase volume in the back half of this year while maintaining our credit discipline.

We continue to expect accelerated growth in purchase volume and average active accounts without any further broad-based credit refinements as we move through the year.

As a result, we continue to expect other expense growth to trend in line with loan receivables.

We continue to expect accelerated growth in purchase volume and average active accounts without any further broad-based credit refinements as we move through the year.

I think when you put the pieces together, again, NII should go up, NIM should go up, but again, it's how you factor those different moving parts together.