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.

Capital One

Coalition of advocacy groups warn that deal would ‘further concentrate risk' in the financial system and ‘must be stopped'

Capital One and Discover merger ‘dangerous', consumer groups tell Fed

We've also got a look at Home Depot earnings and other investing chat.

Breaking Down the Proposed Capital One-Discover Financial Services Deal

Becoming the next Visa or Mastercard is a tall order, but isn't necessary for Discover's network to pay off.

How Discover's Network Helps Capital One Take On Card and Banking Giants

““No matter your business, you cannot stay still for any length of time or your competitors will scratch and claw all over you.” Those are the words of Home Depot co-founder Arthur Blank.

Capital One-Discover Is About Finding the Future, Not Dominating the Present

Capital One's $35 billion acquisition of Discover could kick-start M&A activity in the industry. The combined entity would have over 100 million cardholders and nearly $250 billion of outstanding card loans. Regulatory scrutiny may increase due to the combined entity's market share leadership and potential unfair advantage.

Capital One + Discover, Does 1 + 1 = 3?

Dimon acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation's biggest credit-card lender.

Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete'

Mastercard

Visa

Capital One's acquisition of Discover would make it one of the largest credit card issuers in the U.S. The deal could help boost Discover's payment network and better compete with Visa and Mastercard. Visa and Mastercard could see their payment volume take a modest hit if Capital One moves its cards to Discover's network.

What Does the Capital One-Discover Deal Mean for Visa and Mastercard Investors?

NVIDIA

AT&T

Here are some of the major companies whose stocks moved on the week's news.

The Score: Discover Financial Services, Nvidia, AT&T and More Stocks That Defined the Week

Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.

Capital One's purchase of Discover faces political and regulatory hurdles

Discover Financial Services or Capital One Financial will pay a termination fee of $1.38 billion if the merger of the firms falls through under any circumstance, a regulatory filing showed on Thursday.

Capital One-Discover merger deal termination fee set at $1.38 bln

Discover Financial Services or Capital One Financial will pay a termination fee of $1.38 billion if the merger of the firms falls through under certain circumstances, a regulatory filing showed on Thursday.

Capital One-Discover merger deal termination fee set at $1.38 bln (Feb. 22)

This week's announcement that Capital One COF plans to acquire Discover caused much debate about what this potential union could mean for consumers. This is a very important issue that needs to be explored carefully.

Capital One Should Not Rush To Acquire Discover

If Capital One's COF $35 billion bid to acquire Discover Financial Services DFS makes it through regulatory scrutiny, the deal promises to mint a new top credit card lender in the U.S. – and deliver higher card processing fees for the combined business. As part of the proposed deal, Discover shareholders would receive roughly one share of Capital One for each of their shares, leaving current Discover holders with 40% of the combined company, and current Capital One holders with 60%.

Why Capital One's $35 Billion Discover Takeover Will Be A Profit Game Changer

When Capital One announced Monday evening that it would be acquiring Discover for $35.3 billion, the question that came immediately to mind was, “Will regulators allow this to go through?”

Regulators keep blocking mergers, but here's why Capital One and Discover could get a pass

Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply opposed" to Capital One Financial's $35.3 billion planned acquisition of Discover Financial and called on banking regulators to block the deal.

Congresswoman Maxine Waters 'deeply opposed' to Capital One-Discover deal

What's in your wallet? In the not-so-distant future, it might be a card issued by the combined entity of Capital One Financial Corp. NYSE: COF and Discover Financial Services NYSE: DFS.

3 Reasons the Capital One-Discover merger is a big deal

Capital One is betting that owning a global payments network protects it against a rising tide of fintech and regulatory threats.

Here's why Capital One is buying Discover in the biggest proposed merger of 2024

Capital One's chances of getting its $35.3 billion deal for Discover Financial past regulators hinge on the bank showing it can disrupt the close-knit U.S. credit card industry, five experts in corporate law interviewed by Reuters said.

Capital One's $35 bln Discover deal hinges on playing consumer champion

Discover Financial Services (DFS) shares surged over 12% Tuesday after Capital One (COF) announced it will acquire Discover in a $35.3 billion deal. If approved, Capital One's acquisition of Discover would be the fifth-largest deal ever between U.S. banks in mergers and acquisitions (M&A) history.

Capital One's $35.3B Discover Deal Would Be Fifth-Largest Bank Merger in US History

Changes won't happen overnight, so don't expect your benefits to go away anytime soon, experts say.

Capital One Plans to Buy Discover. What It Means for Credit Card Holders

The proposed $35.3 billion merger of Capital One (COF) and Discover Financial (DSF) stands to shake up the competitive landscape in the U.S. credit card market.

Capital One-Discover Merger Could Shake Up Credit Card Market, Dethrone JPMorgan

NEW YORK , Feb. 20, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Discover Financial Services (NYSE: DFS) and its board of directors concerning the proposed acquisition of the company by Capital One Financial Corporation (NYSE: COF). Stockholders will receive 1.0192 shares of Capital One common stock for each share of Discover stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Discover Financial Services

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.

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.

News for Discover Stock (DFS)