Discover Financial Services
DFS
ISIN null / Valor 3181247
Discover Financial Services
UMushroom community rating:
About company
Discover Financial Services is a global financial services company that offers a range of products and services, including credit cards, banking, and payment processing. The company's acquisition of Diners Club International in 2008 expanded its global reach, allowing Discover cardholders to use their cards on the Diners Club network. Discover has a unique approach to partnerships, which has led to rapid growth and increased acceptance of its cards worldwide. Additionally, Discover's acquisition of Greenwood Trust Company in 1985, which later became Discover Bank, has further expanded its banking services. The company is committed to enhancing employment opportunities and promoting equity in the communities where it operates, as evidenced by the recent groundbreaking ceremony for a new customer care center in Whitehall, Ohio.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (21.10.2025):
Discover Financial Services reported a strong first quarter of 2025, showcasing significant growth in net income and earnings per share compared to the same period last year. The company's robust financial performance was driven by an expanded net interest margin and positive credit trends, reflecting effective execution and a resilient business model.
Net Income and Earnings
Discover Financial Services achieved a net income of $1.1 billion, up 30% from $851 million in the first quarter of 2024. Diluted earnings per share increased by 31%, reaching $4.25 compared to $3.25 the previous year.
Revenue and Net Interest Margin
Total revenue net of interest expense grew by 2% to $4.25 billion. The net interest margin expanded by 115 basis points to 12.18%, driven by the sale of student loans and a higher card yield.
Loan Portfolio
Total loans decreased by 7% year-over-year to $117.4 billion, primarily due to the student loan sale. Credit card and personal loans remained relatively flat, with credit card loans at $99.0 billion and personal loans at $10.1 billion.
Credit Quality
The total net charge-off rate slightly increased to 4.99%, up 7 basis points year-over-year. However, excluding the student loan sale, the net charge-off rate would have declined, indicating underlying credit strength.
Dividend and Merger Update
The Board declared a quarterly dividend of $0.70 per share, payable on June 5, 2025. Additionally, Discover is progressing with its merger with Capital One, which is expected to close around May 18, 2025, following regulatory approvals.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
50343 M
Market cap (USD)
31,292,360
Daily traded volume (Shares)
174.2 / 170.77
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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