Synchrony Financial Results Presentation Deck
Footnotes
1Q'21 Business Highlights | slide 4:
(a) New Accounts represent accounts that were approved in the respective period, in millions.
(b) Purchase Volume per Account is calculated as the Purchase volume divided by Average active accounts, in $.
(c) Average Balance per Account is calculated as the Average loan receivables divided by Average active accounts, in $.
o
CareCredit: Leading Franchise, Positioned for Growth | slide 5:
(a) Total out-of-pocket for human health expenditures per National Health Expenditure Data (2019): Centers for Medicare/Medicaid Services.
(b) Total 2020 U.S. Pet Industry Expenditures per The American Pet Products Association (APPA).
CareCredit: At a Glance | slide 6:
(a) Based on Q3 2020 Cardholder Engagement Study by Chadwick Martin Bailey.
Platform Results | slide 9:
(a) Accounts represent average active accounts in millions, which are credit card or installment loan accounts on which there has been a purchase, payment or outstanding balance in
the current month. Purchase volume $ in billions and Interest and fees on loans $ in millions.
Net Interest Income | slide 10:
(a) Payment rate is calculated as customer payments divided by beginning of period loan receivables. Payment rate data excludes amounts related to the Walmart portfolio, which was
sold in October 2019..
Asset Quality Metrics| slide 11:
(a) Allowance for credit losses reflects adoption of CECL on January 1, 2020, which included a $3.0 billion increase in reserves upon adoption.
Other Expense | slide 12:
(a) "Other expense" divided by sum of "NII" plus "Other income" less "Retailer share arrangements (RSA)".
Funding, Capital and Liquidity | slide 13:
(a) Does not include unencumbered assets in the Bank that could be pledged.
(b) Capital ratios reflect election to delay an estimate of CECL's effect on regulatory capital for two years in accordance with the interim final rule issued by U.S. banking agencies in
March 2020. CET1, Tier 1, and Total Capital Ratio are on a Transition basis.
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