Revenue segments as reported by the company.

Net Interest Income

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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

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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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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 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.

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.

News for Discover Stock (DFS)