• Financial - Credit Services
  • Financial Services
Discover Financial Services logo
Discover Financial Services
DFS · US · NYSE
126.55
USD
-0.07
(0.06%)
Company Overview

2500 LAKE COOK ROAD,RIVERWOODS IL 60015,224-405-0900

CEO

Mr. J. Michael Shepherd

Employess

21100

Sector

Financial Services

Industry

Financial - Credit Services

Website

https://www.discover.com

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Next Earnings Date

Oct. 16, 2024

Ex Dividends date

Sep. 05, 2024

Dividend Date

Aug. 22, 2024

YTD Performance

12.46%

Fiscal Year End

12-31

IPO Date

2007-06-14

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 9.62% 13.99% 22.95% 54.50%
EPS 8.52% 7.16% 46.24% -27.21%
Equity 3.21% 5.91% 10.86% 1.63%
Cash -0.04% -8.79% -4.85% 31.94%
Return On Capital (ROIC) 12.02% 15.54% 22.56% 36.37%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 2,190 3,820 1,250 4,220 5,250
Long Term Debt 19,100 20,100 19,000 21,200 25,700
LT Finance Leases 0.0 0.0 0.0 0.0 0.0
Shares Outstanding 254 277 300 307 320
Market Cap 28,500 27,100 34,700 27,800 27,100
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
TNR, The Niche Research Reports: Discover the Surging Demand Fueling Nematicides Market Growth
2 months

Growth of Nematicides Market is Driven by the Increasing Prevalence of Nematode Infestations in High-Value Crops, Necessitating Effective Pest Management Solutions Growth of Nematicides Market is Driven by the Increasing Prevalence of Nematode Infestations in High-Value Crops, Necessitating Effective Pest Management Solutions

globenewswire.com
Discover Financial Stock Topped The Estimates In Q2, Where Is It Headed?
2 months

Discover Financial stock (NYSE: DFS) has gained 26% YTD, as compared to the 17% rise in the S&P500 over the same period. In sharp contrast, Discover Financial's peer Capital One (NYSE: COF) is up 15% YTD.

forbes.com
These Analysts Raise Their Forecasts On Discover Financial After Strong Q2 Earnings
2 months

Discover Financial Services DFS reported better-than-expected second-quarter earnings results, after the closing bell on Wednesday.

benzinga.com
Discover (DFS) is a Great Momentum Stock: Should You Buy?
2 months

Does Discover (DFS) have what it takes to be a top stock pick for momentum investors? Let's find out.

zacks.com
Capital One, community groups to square off in public meeting on Discover deal
2 months

Capital One's chief executive Richard Fairbank and other executives will go head-to-head with community groups at a public meeting on Friday convened by regulators to discuss the bank's tie-up with Discover Financial Services.

reuters.com
Don't Overlook These 2 Top-Rated Stocks After Earnings
2 months

Quite a few stocks stand out after exceeding Q2 earnings expectations this week with several sporting a Zacks Rank #2 (Buy) following their favorable quarterly reports.

zacks.com
Analyst Expects Discover Financial To Further Narrow FY24 Guidance This Year: Details
2 months

Discover Financial Services DFS shares are trading higher today after the company reported better-than-expected second-quarter EPS results yesterday.

benzinga.com
Discover (DFS) Q2 Earnings Beat on High Interest Income
2 months

Discover's (DFS) management expects the loan growth to be down low single digits this year.

zacks.com
Discover Financial Services (DFS) Q2 2024 Earnings Call Transcript
2 months

Discover Financial Services (NYSE:DFS ) Q2 2024 Results Conference Call July 18, 2024 8:00 AM ET Company Participants Eric Wasserstrom - Senior Vice President of Corporate Strategy and Investor Relations Michael Shepherd - Interim CEO John Greene - Chief Financial Officer Operator Good morning. My name is Todd, and I will be your conference operator today.

seekingalpha.com
Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious'
2 months

Discover Financial Services reported second-quarter results that indicated consumers are turning to debit transactions, while the company's card sales slipped year on year. CFO John Greene said on the Thursday (July 18) earnings call that Discover card sales were down 3% from the prior year.

pymnts.com
Big Rotation Continues; DFS Beats Big in Q2, United Mixed
2 months

Discover nearly doubled earnings expectations, while United missed on revenues and Chuy's gets a buyer.

zacks.com
Discover (DFS) Reports Q2 Earnings: What Key Metrics Have to Say
2 months

The headline numbers for Discover (DFS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com