Close the acquisition of the Lowe's commercial co-branded credit card portfolio
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 15 Oct 2025
- Due
- 30 Jun 2026
- Delivered
- 23 Apr 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“the pending acquisition of the Lowe's commercial co-branded credit card portfolio, which is expected to close during the first half of 2026”
What we found
Evidence strength A What the grades mean
The Q1 2026 10-Q, filed 2026-04-23, says the Lowe's commercial card portfolio acquisition was completed in April 2026, before the June 30, 2026 deadline. The reported amount was about $0.7 billion of receivables.
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A Synchrony Financial 10-Q filed 2026-04-23
“In April 2026, we completed our acquisition of the Lowe's commercial co-branded credit card portfolio, comprising of approximately $0.7 billion of outstanding loan receivables.” ✓ confirmed on the page
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A Synchrony Financial 10-Q filed 2026-07-23
“In April 2026, we completed the acquisition of $0.7 billion of loan receivables associated with the Lowe's commercial co-branded credit card portfolio” ✓ confirmed on the page
Market reaction: the shares moved -3.0% against the S&P 500 over the three sessions around the disclosure (22 Apr 2026 to 27 Apr 2026). What this measures
Checked 11 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Lowe's commercial co-branded credit card portfolio acquisition
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2025-SYF-007133 · Corrections policy