Synchrony Financial Q4 Earnings Call Highlights

Management described broad-based improvement in transaction behavior, noting average transaction values increased about 30 basis points versus last year and average transaction frequency rose about 3.7% across all credit cohorts. Synchrony also said it continued to see year-over-year improvement in discretionary spend within out-of-partner purchase volume, citing categories such as electronics, entertainment, and travel.Purchase volume reached a fourth-quarter record of $49 billion , up 3% year over year, w ...