Synchrony Financial (SYF) Interest Expense - Deposits (2013 - 2026)
Synchrony Financial's (SYF) quarterly Interest Expense - Deposits came in at $767.0 million in Q2 2026, down 10.29% YoY from $855.0 million in Q2 2025, and little changed on a QoQ basis from $770.0 million in Q1 2026.
Analysis
Synchrony Financial (SYF) Interest Expense - Deposits (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has 14 years of Interest Expense - Deposits data on file, last reported at $767.0 million in Q2 2026.
- Quarterly Interest Expense - Deposits fell 10.29% year-over-year to $767.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.1 billion (down 13.58% YoY) and the FY2025 annual result came in at $3.3 billion, down 12.51% from the prior year.
- Interest Expense - Deposits was little changed at $767.0 million in Q2 2026, from $770.0 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $968.0 million in Q3 2024 to a low of $127.0 million in Q1 2022.
- A 5-year average of $701.8 million and a median of $790.5 million in 2023 frame the typical range for Interest Expense - Deposits.
- Annual changes were most pronounced in 2022 — Interest Expense - Deposits fell 25.29% — and 2023, when it soared 348.12%.
- Tracing SYF's Interest Expense - Deposits over 5 years: stood at $441.0 million in 2022, then surged by 99.09% to $878.0 million in 2023, then gained by 4.44% to $917.0 million in 2024, then dropped by 14.83% to $781.0 million in 2025, then declined by 1.79% to $767.0 million in 2026.
- The last three Interest Expense - Deposits figures came in at $767.0 million (Q2 2026), $770.0 million (Q1 2026), and $781.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | - |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.28 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 3.34 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 767.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 320.46 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 1.20 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 767.00 Mn |
| Mar 31, 2026 | 770.00 Mn |
| Dec 31, 2025 | 781.00 Mn |
| Sep 30, 2025 | 812.00 Mn |
| Jun 30, 2025 | 855.00 Mn |
| Mar 31, 2025 | 882.00 Mn |
| Dec 31, 2024 | 917.00 Mn |
| Sep 30, 2024 | 968.00 Mn |
| Jun 30, 2024 | 967.00 Mn |
| Mar 31, 2024 | 954.00 Mn |
| Dec 31, 2023 | 878.00 Mn |
| Sep 30, 2023 | 800.00 Mn |
| Jun 30, 2023 | 717.00 Mn |
| Mar 31, 2023 | 557.00 Mn |
| Dec 31, 2022 | 441.00 Mn |
| Sep 30, 2022 | 280.00 Mn |
| Jun 30, 2022 | 160.00 Mn |
| Mar 31, 2022 | 127.00 Mn |
| Dec 31, 2021 | 119.00 Mn |
| Sep 30, 2021 | 131.00 Mn |