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.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Discover (DFS) is a Strong Value Stock

Capital One

Capital One (NYSE: COF) announced last week that it had received approval from the Office of the Delaware State Bank Commissioner on Wednesday to acquire Discover Financial. This is seen as one of the key regulatory hurdles in the all-stock merger valued at $35.3 billion which was announced back in February.

Capital One - Discover Merger A Done Deal?

Allstate

Allison Transmission Hlds

Broadcom

Cintas Corp

Dick's Sporting Goods

Comfort Systems USA

NRG Energy

Quanta Services

Raymond James

Stifel Financial

Taiwan Semiconductor Manufacturing

This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.

Our Top 10 Dividend Growth Stocks - December 2024

Capital One said Thursday (Dec. 19) that its previously announced acquisition of Discover Financial Services has moved another step toward completion by receiving approval from the Office of the Delaware State Bank Commissioner. The bank received that approval Wednesday (Dec. 18), it said in a Thursday press release.

Capital One: Delaware's Approval Moves Discover Acquisition Closer to Completion

MCLEAN, Va.--(BUSINESS WIRE)--Capital One (NYSE: COF) announced today that it received approval from the Office of the Delaware State Bank Commissioner on December 18, 2024, to complete its previously announced acquisition of Discover Financial Services (NYSE: DFS) and its subsidiary bank, Discover Bank, which is a Delaware-chartered bank. Both companies have long-standing commitments to Delaware and to the region, and this approval represents an important step toward the completion of the merg.

Capital One Receives Approval of Delaware State Bank Commissioner for Acquisition of Discover Financial Services

MCLEAN, Va. & RIVERWOODS, Ill.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company intends to hold a special meeting of stockholders on February 18, 2025 for the companies' respective common stockholders to consider and vote on Capital One's acquisition of Discover and related matters. The boards of directors of Capital One and Discover have each fixed the close of business on December 27, 2024 as the reco.

Capital One and Discover Announce Special Meetings of Stockholders to Be Held on February 18, 2025

RIVERWOODS, Ill.--(BUSINESS WIRE)--Just over half (54%) of U.S. consumers plan to make a financial resolution for 2025, according to a new national survey conducted by Discover® Personal Loans. The top financial resolutions in America are to save more in general (42%), earn more (35%), spend less (35%), improve credit scores (27%), build an emergency fund (26%) and pay off or consolidate debt (21%). Meanwhile, nearly all Americans (94%) say they anticipate at least one challenge that may preven.

Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Financial Resolutions for American Consumers

Why Discover (DFS) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Why Discover (DFS) is a Top Momentum Stock for the Long-Term

KeyCorp

M&T Bank

Regions Financial

Truist Financial

U.S. Bancorp

The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the sector, and the SPDR Regional Banking ETF KRE dropped more than 40% at the end of 2023.

6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) (the “Company”) today announced, as required under the New York Stock Exchange (the “NYSE”) Listed Company Manual, that it received a notice (the “NYSE Notice”) from the NYSE on November 19, 2024 that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 with the U.

Discover Financial Services Receives NYSE Notice Regarding Filing of Form 10-Q for the Fiscal Quarter Ended September 30, 2024 and Announces Decision to Restate Certain Prior Period Financial Statements

DFS and Telered enter into a strategic alliance to enhance acceptance of their cards and improve the cardholder experience.

Discover Financial Unites With Telered, Enhances Payment Acceptance

Discover (DFS) reported earnings 30 days ago. What's next for the stock?

Discover (DFS) Up 15.5% Since Last Earnings Report: Can It Continue?

RIVERWOODS, Ill., & PANAMA--(BUSINESS WIRE)--Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system, is integrating with the Discover Global Network. With this agreement, Sistema Clave users will be able to make purchases and payments at more than 70 million global acceptance locations1, as well as on frequently used online merchants and streaming platforms; and withdraw cash at more than 1.8 mil.

Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders

SPDR S&P Bank ETF

Charles Schwab

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.

How Trump will transform banking regulation — even with Powell at the Fed

JPMorgan Chase & Co

Citigroup

Wells Fargo

As indicated by the rise in US bank shares after Donald Trump was declared victor in the race for the White House, the outlook for the banking sector is looking brighter, including a new swathe of industry consolidation For a start, a higher terminal interest rate from the Federal Reserve is likely, with 3.75-4.00% possible at the end of 2025, the UBS analysts said, 100 basis points higher than was priced in a month ago. This suggests a "reset" in net interest income (NII) forecasts for 2025 is needed, but could impact tangible book value (TBV) growth due to unrealized losses in their balance sheets due to declining values in bonds held for sale.

Wave of US bank mergers predicted after Trump win

Albertsons Companies

Cleveland-Cliffs

Kroger

United States Steel

Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shares of companies hoping to get regulatory approval for their mergers.

Shares of Companies with Big Merger Plans Jump After Trump Election

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers across fintechs, merchants, and consumers to better understand if ecosystem priorities are aligned. Ove.

Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments

Discover Financial Services is a strong investment with a P/E of ~10, robust credit metrics, and a 2% dividend, even if the Capital One acquisition fails. The company's 3Q24 results show nearly $1 billion in net income, improved NIM, and manageable charge-offs despite a slight increase in delinquency rates. Discover's CET1 ratio of 12.7% and halted share repurchases provide a solid capital position, with the potential for increased shareholder returns if the acquisition fails.

Discover Financial Services: Well-Positioned If The Acquisition Fails

Credit card issuer Discover hit a new high on Friday after a third-quarter report from would-be parent Capital One.

Discover Manages To Hit A New High Amid Capitol One Takeover Talks

New York Attorney General Letitia James is reportedly investigating Capital One's proposed acquisition of Discover Financial Services. James asked a court for permission to issue subpoenas to Capital One, saying the bank had declined to voluntarily waive federal confidentiality protections, Bloomberg reported Wednesday (Oct. 23).

New York Investigating Proposed Capital One-Discover Deal

New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law.

New York probing whether Capital One-Discover merger violates antitrust law

American Express

PayPal

Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.

3 Mobile Payments Stocks Worth a Closer Look

Discover Financial Service's third-quarter earnings results offered evidence that an acquisition by Capital One is on track. As for the state of the consumer, caution abounds, and many households are looking for ways to consolidate debt.

Discover CFO: Cautious Consumers Cause Slide in Card Volume

DFS' management expects loan growth to be down low to mid-single digits this year.

News for Discover Stock (DFS)