Revenue segments as reported by the company.

Net Interest Income

Non-Interest Income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for Credit Losses

Employee Compensation and Benefits

Marketing and Business Development

Information Processing & Communications

Professional Fees

Premises and Equipment

Other Expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Discover

Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network. The company was founded in 1986 and is headquartered in Riverwoods, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Discover reports strong Q4 earnings, eyes digital growth opportunities

Discover (DFS) delivered strong financial results in Q4 2022, with robust earnings, asset growth, and strategic investments in digital capabilities and new product launches.
Despite facing challenges from a less favorable macroeconomic environment, the company's focus on efficiency, credit performance, and revenue growth positions it well for future success.
Opportunities lie in capitalizing on consumer trends, optimizing operational efficiency, and leveraging strong credit performance to drive growth and enhance shareholder value.
Overall, Discover's performance highlights resilience, strategic foresight, and a commitment to delivering value to shareholders amidst evolving market conditions.

Discover reports robust Q1 earnings and invests in tech for growth

Discover Financial Services delivered a strong performance in Q1 2023, driven by robust financial results, technological advancements, and strategic initiatives to enhance shareholder value.
While facing challenges such as spend growth slowdown and inflation pressures, Discover's focus on credit normalization, expense management, and innovation positions it well for future growth.
With a solid financial foundation, strong market position, and a commitment to technology and customer experience, Discover is poised to capitalize on opportunities for expansion and sustained success in the financial services industry.

Discover reports solid Q2 earnings, focuses on compliance and growth

Discover's Q2 performance reflects a mix of positives and challenges, with a strong focus on compliance, risk management, and sustainable growth. The company is committed to addressing compliance issues, investing in talent and technology, and aligning business decisions with customer needs. Discover remains confident in its business model despite competitive pressures and compliance challenges.

Discover reports robust Q3 earnings, invests in tech for growth

Discover's Q3 performance reflects strong revenue growth and strategic focus on customer experience and compliance.
While facing challenges with credit performance and rising expenses, the company is leveraging tech investments for future growth.
Opportunities lie in enhancing digital capabilities, driving loan growth, and capitalizing on positive spending trends.

Discover Financial Services reports strong Q4 performance and navigates challenges

Discover Financial Services delivered a solid performance in Q4 2023, focusing on compliance, customer experience, and financial strength. The company faces challenges in managing expenses and cautious loan growth due to changing consumer behavior. Opportunities lie in reaccelerating growth and effective net interest margin management.

Discover reports Q1 net income decline but showcases revenue growth

Discover's Q1 2024 earnings call highlighted a decline in net income due to increased reserves, offset by strong financial performance and revenue growth driven by loan expansion. The company's emphasis on risk management, compliance, and decision-making aims to maximize shareholder value. While facing challenges such as higher charge-offs and increased expenses, Discover remains focused on growth opportunities and credit performance expectations.

Discover reports stellar Q2 earnings amidst strategic portfolio realignment

Discover's Q2 2024 performance reflects robust financial growth driven by improved net income and operational efficiencies.
While facing challenges such as rising expenses and pending mergers, the company maintains a strong capital position and strategic focus.
Opportunities lie in portfolio optimization, merger synergies, and operational enhancements, positioning Discover for sustained growth.

Discover (DFS) reports robust Q3 earnings and strategic achievements

Discover's Q3 earnings call highlights strong financial results, strategic achievements, and regulatory updates. The company's focus on customer satisfaction, employee engagement, and financial performance positions it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Discover Financial Services is a holding company. It operates under the Digital Banking and Payment Services segments. The Digital Banking segment focuses on consumer banking and lending products, specifically Discover-branded credit cards issued to individuals on the Discover Network and other consumer banking products and services including private student loans, personal loans, home loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the Network Partners business, which provides payment transaction processing and settlement services on the Discover Global Network. The company was founded in 1960 and is headquartered in Riverwoods, IL.

RIVERWOODS, Ill.--(BUSINESS WIRE)--Roger Hochschild, President, and Chief Executive Officer at Discover, will present at the Bernstein 38th Annual Strategic Decisions Conference on Friday, June 3, 2022, at 8:00 a.m. ET. A link to the live webcast will be posted on the day of the conference to Discover's Investor Relations website at http://investorrelations.discover.com. A replay will be available for 90 days after the conference at the same website address. About Discover Discover Financial Se

Discover Financial Services to Present at the Bernstein 38th Annual Strategic Decisions Conference

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to host its 2022 Annual Meeting of Shareholders entirely online on Thursday, May 19, 2022, at 9:00 a.m.

Discover Financial Services Announces 2022 Annual Meeting of Shareholders

Discover has a track record of sustained strong financial performance which we believe is vastly underappreciated. The credit card business has a natural hedge against inflation as nominal consumer spending drives loan growth and card network volumes.

Discover Financial Services: A Top Tier Compounder With A Natural Inflation Hedge

Discover Financial's (DFS) first-quarter results reflect improved net interest income, robust credit performance and sound segmental contributions, partly offset by high expenses.

Discover Financial (DFS) Beats on Q1 Earnings, Hikes Dividend

Discover Financial Services (NYSE:DFS ) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Eric Wasserstrom - Head of IR Roger Hochschild - CEO John Greene - CFO Conference Call Participants Bill Carcache - Wolfe Research Sanjay Sakhrani - KBW Moshe Orenbuch - Credit Suisse Betsy Graseck - Morgan Stanley John Pancari - Evercore ISI Ryan Nash - Goldman Sachs Mark DeVries - Barclays Kevin Barker - Piper Sandler Don Fandetti - Wells Fargo Rick Shane - JPMorgan Robert Napoli - William Blair Mihir Bhatia - Bank of America Merrill Lynch John Hecht - Jefferies Meng Jiao - Deutsche Bank Operator Good morning. My name is Ashley, and I'll be your conference operator today.

Discover Financial Services (DFS) CEO Roger Hochschild on Q1 2022 Results - Earnings Call Transcript

Discover (DFS) delivered earnings and revenue surprises of 17.88% and 2.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Discover (DFS) Q1 Earnings Beat Estimates

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): First Quarter 2022 Results     2022 2021 YOY Change Total loans, end of period (in billions) $93.5 $86.3 8% Total revenue net of interest expense (in millions) $2,902 $2,795 4% Total net charge-off rate 1.61% 2.48% (87) bps Net income/(loss) (in millions) $1,242 $1,593 (22)% Diluted EPS $4.22 $5.04 (16%) Discover Financial Services (NYSE: DFS) today reported net income of $1.2 billion or $4.22 per diluted share for the

Discover Financial Services Reports First Quarter 2022 Net Income of $1.2 Billion or $4.22 Per Diluted Share

While the growth in NII was because of higher net interest margin and outstanding loan balances, the non-interest revenues benefited from the recovery in the card purchase volume – up 25% y-o-y.

Discover Financial Stock To Post Mixed Results In Q1?

Discover Financial Services (DFS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Discover Financial Services (DFS) Ahead of Earnings?

Discover Financial's (DFS) Q1 earnings are likely to have suffered a steep expense level. However, the same is likely to have been offset by improved revenues and better volumes.

What's in the Cards for Discover Financial (DFS) Q1 Earnings?

Discover has launched Online Privacy Protection, a free benefit for customers to help scrub their information from 10 popular websites that collect and sell user data.

Discover Launches Customer Data Privacy Tool

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover today announced the launch of Online Privacy Protection, a new, free benefit for customers that helps remove their personal information from 10 popular websites that collect and sell user information. This benefit is for both Credit Card and Bank customers and only available in the Discover mobile app. Online Privacy Protection regularly scans select popular people-search websites and helps remove customers' personal information, such as their names,

Discover Launches Free Benefit to Help Customers Remove Personal Information From 10 Popular Data-Collecting Websites

Discover (DFS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Discover (DFS) Keep the Earnings Surprise Streak Alive?

Discover Financial (DFS) launches the Cashback Debit account powered by features, such as no fees, faster access to paychecks, cashback rewards and more, for benefiting consumers.

Discover Financial (DFS) Unveils Checking Account With Benefits

Discover is introducing a checking account with cash-back rewards, early access to paychecks and a mobile-first digital banking experience, according to a Wednesday (April 6) press release. This new Cashback Debit account builds on Discover's Cashback Bonus rewards and no-fee structure, per the release.

Discover Launches Checking Account With Cash-Back Rewards

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover revitalized the consumer checking landscape this week with the launch of its new, benefits-packed Cashback Debit account with user-friendly features, such as early access to paychecks up to two days in advance1 and a mobile-first banking experience. Discover builds on its Cashback Bonus® rewards and no-fee structure to create an industry-leading checking account that provides customers easier access to their money than ever before. “Our new Cashback D

Discover Unveils New Cashback Debit Account: A Checking Account Featuring Cash Rewards, Early Access to Paychecks and No Fees

BancFirst

Texas Capital Bancshares

Interest rates are set to go parabolic in the coming months as the Federal Reserve moves to lower inflation. In a statement on Tuesday, Fed's Lael Brainard said that the bank will also likely start quantitative tightening (QT), as it seeks to reduce its balance sheet.

3 bests stocks to buy in a high interest rate environment

CHICAGO--(BUSINESS WIRE)--Discover will expand its fully paid education benefit program to the city of Chicago through a partnership with Chicago State University (CSU). Both Discover employees living in Chicago who enroll at CSU and current CSU students who work full-time at Discover will be eligible to participate. The partnership will allow students to not only finance their education but will offer professional development opportunities to help them advance their careers. The Discover Colle

Discover, Chicago State University Partner to Offer Fully Funded Undergraduate Degree Program to Chicago Employees

RIVERWOODS, Ill.--(BUSINESS WIRE)--DISCOVER FINANCIAL SERVICES ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE ON APRIL 27, 2022, AND CONFERENCE CALL ON APRIL 28, 2022

Discover Financial Services Announces First Quarter 2022 Earnings Release on April 27, 2022, and Conference Call on April 28, 2022

Discover Financial (DFS) ties up with IBM Consulting to transition to a hybrid cloud platform, which will enable it to devise enhanced technology solutions and reduce operating costs.

Discover Financial (DFS) Teams Up With IBM to Ease Digital Shift

ARMONK, N.Y. , March 30, 2022 /PRNewswire/ -- IBM Consulting (NYSE: IBM ) is working with Discover Financial Services (NYSE: DFS ) to help the leading digital bank and payments company enhance its digital transformation of applications and existing systems to a hybrid cloud architecture using Red Hat OpenShift.

IBM Works with Discover to Co-Create Technology Solutions and Migrate to a Hybrid Cloud Platform

I think the financial results have been quite good, and I think the dividend is well covered.

Discover Financial Services Is A Buy

Banking on an attractive core business, improved digital payments and strategic initiatives, Discover Financial (DFS) holds potential to reap benefits for investors.

Why Should You Add Discover Financial (DFS) to Your Portfolio?

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover today released “Working Toward a Brighter Future,” its first Diversity, Equity & Inclusion (DE&I) Report, documenting the progress the company has made along its DE&I journey and outlining its multi-year goals to continue creating opportunities for its customers, employees and communities. The report highlights the company's workforce diversity and includes examples and data that demonstrate the company's commitment to a more equitable env

Discover Releases Its First Diversity, Equity & Inclusion Report

Discover Financial (DFS) discontinues all transactions from the sanctioned financial institutions in Russia in its network.

News for Discover Stock (DFS)