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

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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

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Year over year growth in Revenue and Operating Expenses.

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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.

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Earnings data Q4 2022

Earnings data Q1 2023

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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.

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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.

Capital One

Discover Financial is trading at about 11% below the current value of Capital One's all-stock offer.

Can Capital One Buy Discover? The Stock Prices Show Roughly Even Odds.

Mastercard

Visa

Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.

Capital One, Discover merger will break Visa-Mastercard 'duopoly,' analysts say

Capital One announced a deal to acquire Discover Financial for $35.3 billion in an all-stock deal. Today's market reaction has been positive for DFS stock and neutral for COF stock. Merger arbitrage, anyone? The deal presents an 11.1% premium for investors buying DFS stock that will be realized upon the deal closing, likely in late 2024 or early 2025.

What's In Your Wallet? How To Profit From Capital One's $35.3 Billion Acquisition Of Discover

Discover Financial (DFS) is set to be acquired by Capital One for a consideration of $35 billion in an all-stock deal.

Discover Financial (DFS) to be Acquired by Capital One for $35B

MILWAUKEE , Feb. 20, 2024 /PRNewswire/ -- Ademi LLP is investigating Discover (NYSE: DFS) for possible breaches of fiduciary duty and other violations of law in its transaction with Capital One. Click here to learn how to join the https://www.ademilaw.com/case/discover-financial-services or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Discover Financial Services has obtained a Fair Price in its transaction with Capital One

Capital One has agreed to acquire Discover in an all-stock deal. The combined business would be a full-service bank with some 400 million credit card customers.

Capital One Is Buying Discover. Here's Why It Could Create Big Growth Opportunities for Investors.

Home Depot

NVIDIA

Walmart

Capital One (COF) has reportedly agreed to buy Discover (DFS) in an all-stock deal worth $35.3 billion.

Retail & NVIDIA Earnings This Week; COF Buys DFS

Capital One and Discover have announced a $35.3 billion merger. The deal would give investors shares in a credit card leader -- if it's approved by regulators.

Why Discover Financial Is Charging Higher Today

Capital One (NYSE: COF ) stock is in focus today on news that the company is planning to buy Discover Financial Services (NYSE: DFS ) for $35.3 billion in stock. The deal is sending COF stock down, along with Master Card (NYSE: MA ) and Visa (NYSE: V ).

DFS Stock Alert: What to Know as Capital One Acquires Discover Financial

In a move that will reshape the credit card industry, Capital One (COF) signs a deal to buy Discover Financial (DFS). The deal unlocks significant synergies and will be accretive to earnings.

Capital One (COF) to Buy Discover Financial (DFS) for $35.3B

In what is sure to be one of the most high-profile mergers this year, Capital One Financial Corporation has announced it intends to buy Discover Financial Services for $35.3 billion. One of the aims of the proposed merger is to strengthen the two companies to better compete against the largest credit card issuers and payment companies.

Capital One stock falls on news that it is buying Discover Financial Services

Two of the US's largest credit card companies are set to merge in a deal to create a giant financial powerhouse worth around US$35bn. Capital One has offered to buy Discover Financial Services (NYSE:DFS) in an all-share transaction to form the sixth-largest US bank by assets and a rival to JPMorgan Chase and Citigroup.

Capital One and Discover in mega credit card merger

Shares of Discover Financial rose 11% before the bell on Tuesday, after consumer bank Capital One Financial said it would buy the credit lender in an all-stock transaction valued at $35.3 billion.

Discover Financial stock surges after Capital One strikes $35.3 bln buyout deal

US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.

Capital One to buy Discover for $35.3 bn

Capital One Financial Corp. intends to purchase Discover Financial Services in an all-stock deal that one analyst notes would “effectively create the largest card issuer in the U.S.”

Why Capital One plans to buy Discover in a megamerger of credit giants

Shares in Capital One (COF) will come into focus Tuesday after the credit services giant announced late Monday evening that it plans to acquire smaller rival Discover Financial Services (DFS) in a $35.3 billion deal that ties up two of the financial sector's largest credit card issuers.

Capital One Stock in Focus After $35B Deal To Buy Discover Financial—Key Levels to Watch

Capital One Financial Corp. (COF) has reached an agreement to acquire Discover Financial Services (DFS) in an all-stock transaction valued at $35.3 billion that would create a payments giant serving over 100 million customers.

Capital One To Acquire Discover Financial For $35.3 Billion

Capital One, a US consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services.

Capital One to buy Discover Financial in $35.3 billion all-stock deal — making 6th largest bank in US

Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's biggest lenders and credit card issuers.

Capital One To Buy Discover For $35 Billion In Deal That Combines Major US Credit Card Companies

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share is fair to Discover shareholders. Upon closing of the proposed transaction, Discover shareholders will own approximately 40% of the combined company. Halper Sadeh encourages Discover shareholders to click here to learn more about their legal rights and opti.

DFS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Discover Financial Services Is Fair to Shareholders

Under the terms of the agreement, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, representing a premium of 26.6% based on Discover's closing price of $110.49 on February 16, 2024. Transaction is 100% stock consideration.

Capital One to Acquire Discover

The price would represent a premium to Discover's current $28 billion market value.

Capital One Plans to Buy Discover in All-Stock Deal

Capital One is considering acquiring Discover Financial, multiple outlets reported Monday, a move that would combine two of the nation's largest credit card companies to create the single biggest credit card firm by volume of loans.

Capital One Could Buy Discover In Major Credit Card Merger, Reports Say

Capital One, an online consumer bank and credit card issuer backed by investor Warren Buffett, is considering a potential acquisition of credit card lender Discover Financial Services, a person familiar with the matter said. While the terms could not be learned, a deal could be announced as early as Tuesday, according to the source.

Capital One considers acquisition of Discover Financial, source says

Capital One is reportedly acquiring Discover Financial. Bloomberg reported Monday (Feb. 19) that Capital One is considering the acquisition, and The Wall Street Journal (WSJ) reported later Monday that the bank is buying Discover and the deal could be announced Tuesday (Feb. 20).

News for Discover Stock (DFS)