Synchrony Financial (LTS:0LC3)

$ 66.69 0.99 (1.54%) Market Cap: 25.94 Bil Enterprise Value: 24.86 Bil PE Ratio: 8.70 PB Ratio: 1.76 GF Score: 85/100

Synchrony Financial at UBS Financial Services Conference Transcript

Feb 27, 2024 / 03:30PM GMT

Release Date Price: $40.89 (+1.94%)

Transcript

Erika Najarian

UBS Investment Bank, Research Division - Analyst

All right. Hello again, everybody. Super excited to have Brian Wenzel, CFO of Synchrony.

Brian J. Wenzel

Synchrony Financial - Executive VP & CFO

Great, Erika, I appreciate the invite and being here in Miami.

Questions & Answers

Erika Najarian

UBS Investment Bank, Research Division - Analyst

Absolutely. So given your purview in your business, let's get started, maybe with the line of questioning with the consumer.

So we saw your January card data 2 weeks ago. And for now, it still seems like the economy is set up for a soft landing. How would you describe to see it as the consumer today? And are things relatively stable versus where they were at the end of last year?

Brian J. Wenzel

Synchrony Financial - Executive VP & CFO

Yes. So I'm going to use one of the terms that's probably most used in views right now. The consumer is resilient in total. As we talked about, there's

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