Synchrony Financial (LTS:0LC3)
$ 66.78 -0.0848 (-0.13%) Market Cap: 26.17 Bil Enterprise Value: 25.09 Bil PE Ratio: 8.77 PB Ratio: 1.77 GF Score: 82/100

Synchrony Financial at Barclays Global Financial Services Conference Transcript

Sep 12, 2022 / 03:15PM GMT
Release Date Price: $47.94
Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Good morning. We're going to get started. Thanks for joining. I'm very pleased to be joined up on the stage by Brian Wenzel, CFO of Synchrony. This is going to be a fireside chat format. So I've got a number of prepared questions for Brian, then we'll pause for the audience response section, and then I'll open it up to the audience for questions for Brian. But just starting off, Brian, thanks again for joining. I wanted to start with an update -- sorry, that's probably...

Brian J. Wenzel
Synchrony Financial - Executive VP & CFO

I don't know much about aircraft.

Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Yes. You probably don't want that question. I want to start with an update on the environment and purchase volume trends. You saw some highest volume ever last quarter with volumes up 12% year-over-year, 16% on a core basis. Has that momentum continued into 3Q?

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