| Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations |
The actual capital amounts, ratios and the applicable required minimums of the Company and the Bank are as follows: Synchrony Financial | | | | | | | | | | | | | | | | | | | | | | | | | At June 30, 2025 ($ in millions) | Actual | | Minimum for capital
adequacy purposes | | Amount | | Ratio(a) | | Amount | | Ratio(b) | | Total risk-based capital | $ | 17,153 | | | 16.9 | % | | $ | 8,137 | | | 8.0 | % | | Tier 1 risk-based capital | $ | 15,025 | | | 14.8 | % | | $ | 6,103 | | | 6.0 | % | | Tier 1 leverage | $ | 15,025 | | | 12.7 | % | | $ | 4,741 | | | 4.0 | % | | Common equity Tier 1 Capital | $ | 13,803 | | | 13.6 | % | | $ | 4,577 | | | 4.5 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | At December 31, 2024 ($ in millions) | Actual | | Minimum for capital
adequacy purposes | | Amount | | Ratio(a) | | Amount | | Ratio(b) | | Total risk-based capital | $ | 17,407 | | | 16.5 | % | | $ | 8,433 | | | 8.0 | % | | Tier 1 risk-based capital | $ | 15,239 | | | 14.5 | % | | $ | 6,325 | | | 6.0 | % | | Tier 1 leverage | $ | 15,239 | | | 12.9 | % | | $ | 4,717 | | | 4.0 | % | | Common equity Tier 1 Capital | $ | 14,017 | | | 13.3 | % | | $ | 4,744 | | | 4.5 | % |
Synchrony Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | At June 30, 2025 ($ in millions) | Actual | | Minimum for capital
adequacy purposes | | Minimum to be well-capitalized under prompt corrective action provisions | | Amount | | Ratio(a) | | Amount | | Ratio(b) | | Amount | | Ratio | | Total risk-based capital | $ | 15,928 | | | 16.4 | % | | $ | 7,758 | | | 8.0 | % | | $ | 9,698 | | | 10.0 | % | | Tier 1 risk-based capital | $ | 13,854 | | | 14.3 | % | | $ | 5,819 | | | 6.0 | % | | $ | 7,758 | | | 8.0 | % | | Tier 1 leverage | $ | 13,854 | | | 12.3 | % | | $ | 4,508 | | | 4.0 | % | | $ | 5,635 | | | 5.0 | % | Common equity Tier 1 capital | $ | 13,854 | | | 14.3 | % | | $ | 4,364 | | | 4.5 | % | | $ | 6,303 | | | 6.5 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | At December 31, 2024 ($ in millions) | Actual | | Minimum for capital
adequacy purposes | | Minimum to be well-capitalized under prompt corrective action provisions | | Amount | | Ratio(a) | | Amount | | Ratio(b) | | Amount | | Ratio | | Total risk-based capital | $ | 15,916 | | | 15.8 | % | | $ | 8,037 | | | 8.0 | % | | $ | 10,046 | | | 10.0 | % | | Tier 1 risk-based capital | $ | 13,805 | | | 13.7 | % | | $ | 6,027 | | | 6.0 | % | | $ | 8,037 | | | 8.0 | % | | Tier 1 leverage | $ | 13,805 | | | 12.4 | % | | $ | 4,466 | | | 4.0 | % | | $ | 5,582 | | | 5.0 | % | Common equity Tier 1 capital | $ | 13,805 | | | 13.7 | % | | $ | 4,521 | | | 4.5 | % | | $ | 6,530 | | | 6.5 | % |
_______________________ (a)Capital ratios are calculated based on the Basel III Standardized Approach rules. Capital amounts and ratios at December 31, 2024 in the above tables reflect the applicable CECL regulatory capital transition adjustment. (b)At June 30, 2025 and December 31, 2024, Synchrony Financial and the Bank also must maintain a capital conservation buffer of common equity Tier 1 capital in excess of minimum risk-based capital ratios by at least 2.5 percentage points to avoid limits on capital distributions and certain discretionary bonus payments to executive officers and similar employees.
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