Synchrony (SYF) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, January 27, 2026 astatine 8:50 AM CST 63 min read

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Tuesday, January 27, 2026 astatine 8 a.m. ET

• President and Chief Executive Officer — Brian Doubles

• Executive Vice President and Chief Financial Officer — Brian Wenzel

• Senior Vice President, Investor Relations — Kathryn Miller

Kathryn Miller: Thank you, and bully morning, everyone. Welcome to our quarterly net league call. In summation to today's property release, we person provided a presumption that covers the topics we program to code during our call. The property release, elaborate fiscal schedules, and presumption are disposable connected our website, Synchronyfinancial.com. This accusation tin beryllium accessed by going to the Investor Relations conception of the website. Before we get started, I wanted to punctual you that our comments contiguous volition see forward-looking statements. These statements are taxable to risks and uncertainty, and existent results could disagree materially. We database the factors that mightiness origin existent results to disagree materially successful our SEC filings, which are disposable connected our website.

During the call, we volition notation to non-GAAP fiscal measures successful discussing the company's performance. You tin find a reconciliation of these measures to GAAP fiscal measures successful our materials for today's call. Finally, Synchrony Financial is not liable for and does not edit oregon warrant the accuracy of our net teleconference transcripts provided by 3rd parties. The lone authorized webcasts are located connected our website. On the telephone this greeting are Brian Doubles, Synchrony's President and Chief Executive Officer, and Brian Wenzel, Executive Vice President and Chief Financial Officer. I volition present crook the telephone implicit to Brian Doubles.

Brian Doubles: Thanks, Kathryn, and bully morning, everyone. Synchrony ended the twelvemonth with a beardown 4th fourth performance, highlighted by nett net of $751 cardinal oregon $2.40 per diluted share, which included a $0.14 restructuring complaint related to a voluntary worker aboriginal status program. A instrumentality connected mean assets of 2.5% and a instrumentality connected tangible communal equity of 21.8%. During the quarter, we connected astir 70 cardinal customers to our partners and generated much than $49 cardinal of acquisition volume, a fourth-quarter grounds and a year-over-year summation of 3%. As mean progressive relationship and walk trends proceed to sequentially fortify crossed astir each of our platforms.

Purchase measurement crossed our integer level accrued 6%, driven by higher walk per account, beardown lawsuit effect to enhanced merchandise offerings, and refreshed worth propositions. Diversified and worth acquisition measurement grew 4%, chiefly reflecting the interaction of spouse enlargement this year. Purchase measurement successful Health and Wellness besides grew 4%, reflecting maturation successful Pet and Audiology, partially offset by little walk successful cosmetic. In addition, higher walk per relationship exceeded the interaction of little mean progressive accounts. Purchase measurement successful our Lifestyle level accrued 3%, reflecting higher broad-based walk per relationship partially offset by little mean progressive accounts.