Synchrony Financial Files 8-K
Ticker: SYF-PB · Form: 8-K · Filed: Mar 5, 2024 · CIK: 1601712
| Field | Detail |
|---|---|
| Company | Synchrony Financial (SYF-PB) |
| Form Type | 8-K |
| Filed Date | Mar 5, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-disclosure, financial-statements
Related Tickers: SYF
TL;DR
SYF filed an 8-K on 3/5/24 detailing corporate info and financial exhibits.
AI Summary
Synchrony Financial filed an 8-K on March 5, 2024, reporting on its corporate structure and financial statements. The filing details its incorporation in Delaware and provides its principal executive offices located at 777 Long Ridge Road, Stamford, Connecticut. It also lists its IRS Employer Identification Number as 51-0483352.
Why It Matters
This filing provides an update on Synchrony Financial's corporate and financial reporting, which is important for investors to track the company's official disclosures.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not contain information that would immediately impact the company's risk profile.
Key Players & Entities
- Synchrony Financial (company) — Registrant
- March 5, 2024 (date) — Date of Report
- 777 Long Ridge Road, Stamford, Connecticut (location) — Principal executive offices
- 51-0483352 (identifier) — IRS Employer Identification No.
FAQ
What is the primary purpose of this 8-K filing for Synchrony Financial?
The primary purpose is to report current information as required by Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically detailing corporate information and financial statements/exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on March 5, 2024.
In which state is Synchrony Financial incorporated?
Synchrony Financial is incorporated in Delaware.
What is the address of Synchrony Financial's principal executive offices?
The address of Synchrony Financial's principal executive offices is 777 Long Ridge Road, Stamford, Connecticut 06902.
What is Synchrony Financial's IRS Employer Identification Number?
Synchrony Financial's IRS Employer Identification Number is 51-0483352.
Filing Stats: 939 words · 4 min read · ~3 pages · Grade level 14 · Accepted 2024-03-05 08:30:44
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share SYF New York Stock Exchange
Filing Documents
- syf-20240305.htm (8-K) — 40KB
- cfpblf8k-030524xclean.htm (EX-99.1) — 9KB
- cfpblf8k-030524xclean001.jpg (GRAPHIC) — 178KB
- cfpblf8k-030524xclean002.jpg (GRAPHIC) — 190KB
- cfpblf8k-030524xclean003.jpg (GRAPHIC) — 216KB
- cfpblf8k-030524xclean004.jpg (GRAPHIC) — 129KB
- 0001601712-24-000098.txt ( ) — 1212KB
- syf-20240305.xsd (EX-101.SCH) — 2KB
- syf-20240305_def.xml (EX-101.DEF) — 17KB
- syf-20240305_lab.xml (EX-101.LAB) — 32KB
- syf-20240305_pre.xml (EX-101.PRE) — 17KB
- syf-20240305_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On March 5, 2024, the Consumer Financial Protection Bureau ("CFPB") issued a final rule amending Regulation Z, which implements the Truth in Lending Act, relating to the assessment of late fees on credit card accounts. The key elements of the CFPB's final rule and certain of the current anticipated implications to Synchrony Financial are summarized in Exhibit 99.1 hereto. The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, are furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly stated by specific reference in such filing. Cautionary Statement Regarding Forward-Looking Statements This Current Report, including Exhibit 99.1 hereto, includes certain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. Forward-looking statements may be identified by words such as "anticipate," "expect," "outlook," "continue," or words of similar meaning. The forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, or results regarding the implications of the CFPB's final rule on our business, results of operation and financial performance. Forward-looking statements in this Current Report are based on management's assumptions and estimates, and are subject to inherent uncertainties, risks and changes that are difficult to predict, may change over time and many of which are beyond our control. These uncertainties a
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being furnished as part of this report: Number Description 99.1 Synchrony Financial - CFPB Revised Late Fee Rule Summary and Implications 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SYNCHRONY FINANCIAL Date: March 5, 2024 By: /s/ Jonathan Mothner Name: Jonathan Mothner Title: Executive Vice President, Chief Risk and Legal Officer