To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. John Thomas Greene — Executive Vice President and Chief Financial Officer. The company’s return on equity for the fourth quarter of 2019 was 24%. Both the earnings release and the financial supplement are available online at the SEC's website (http://www.sec.gov) and the company's website (https://investorrelations.discover.com). Provision for loan losses of $838 million increased $38 million from the prior year as the impact of higher net charge-offs was partially offset by a lower reserve build. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Due to the outbreak of the coronavirus (COVID-19), the meeting will be hosted entirely online. Discover Financial Services stock outperforms market on strong trading day 11/24/20-7:25AM EST Marketwatch Tiger Global led $131M in Series C funding for U.S. `challenger bank` Current The company has a market capitalization of $26.81 Billion. Discover Financial Services is a direct banking and payment services company. You must click the activation link in order to complete your subscription. Comparing the results to its competitors, Discover Financial Services reported Total Revenue decrease in the 3 quarter 2020 year on year by -6.52 %, faster than overall decrease of Discover Financial Services's competitors by -32.19 %, recorded in the same quarter. Histoire. Direct Banking pretax income of $883 million increased by $9 million from the prior year driven by higher net interest income, partially offset by an increase in the provision for loan losses and higher operating expenses. Resources, ATM PULSE dollar volume was up 6% year-over-year, which reflects the impact of solid growth from existing issuers and acquirers, as well as new issuing and acquiring relationships. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. Scorecard, Cash Interest expense as a percent of total loans decreased 11 basis points from the prior year, primarily as a result of lower market rates. Discover Financial Services annual/quarterly revenue history and growth rate from 2007 to 2020. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Discover Financial Services annual revenue for 2019 was $13.989B , a 8.88% increase from 2018. Revenue; Finance: Finance - Consumer Loands: $23.481B: $13.989B: Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. A financial summary follows. Revenue; Finance: Finance - Consumer Loands: $26.356B: $13.989B: Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. Discover Financial Services (DFS) is priced at $85.99 after the most recent trading session. All financial figures are in Canadian dollars unless otherwise stated. Discover Financial Services (NYSE:DFS) jumps 5% in after-hours trading after Q3 EPS of $2.45 beat the consensus estimate of $1.54 and increased from $2.36 in the year-ago quarter.Q3 revenue … Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. The credit card net charge-off rate was 3.41%, up 18 basis points from the prior year and up 9 basis points from the prior quarter. Get the detailed quarterly/annual income statement for Discover Financial Services (DFS). Discover Financial Services est une entreprise américaine spécialisée dans les cartes de crédit.Son siège est situé dans l'Illinois. Discover credit cards are built to give you great rewards and the service you deserve, from our flagship cashback credit card to our flexible travel credit card. Revenue (Quarterly) is a widely used stock evaluation measure. Since its inception, the company has become one of … Elle est issue d'une scission de Morgan Stanley en 2007. Discover Financial Services (NYSE: DFS) today reported net income of $708 million or $2.25 per diluted share for the fourth quarter of 2019, as compared to $687 million or $2.03 per diluted share for the fourth quarter of 2018. The new note on the price target was released on November 30, 2020, representing the official price target for Discover Financial Services stock. Loans, Identity At Discover Financial Services, we promise to treat your data with respect and will not share your information with any third party. Discover Financial Services (NYSE: DFS) will be holding its 2020 Annual Meeting of Shareholders on Thursday, May 14, 2020, at 9:00 a.m. Central time. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. “Our differentiated business model, product set and intense focus on execution enable us to continue delivering industry-leading returns,” said Roger Hochschild, CEO and President of Discover. Financial, statistical, and business related information, as well as information regarding business and segment trends, is included in the financial supplement filed as Exhibit 99.2 to the company's Current Report on Form 8-K filed today with the Securities and Exchange Commission (“SEC”). Net interest income increased $123 million, or 5%, from the prior year, driven by loan growth which was slightly offset by net interest margin compression. Discover Financial Services (DFS) stock price, revenue, and financials Discover Financial Services market cap is $16.9 b, and annual revenue was $2 b in FY 2019 View Company CAMBRIDGE, ON, Dec. 23, 2020 /CNW/ - exactEarth Ltd. ("the Company"), a leading provider of Satellite-AIS data services, announces its financial results for the three- and twelve-month periods ended October 31, 2020. Back Rewards, Refer Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Locator, Credit The following slides are part of a presentation by Discover Financial Services (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Payment Services volume was $66.0 billion, up 9% versus the prior year. If you experience any issues with this process, please contact us for further assistance. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Such statements, which speak to our expected business and financial performance, among other matters, contain words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions. We are Discover ® Global Network. Credit Card, Business For a detailed definition, formula and example for. jondrummond@discover.com. The company’s return on equity for the fourth quarter of 2019 was 24%. After submitting your request, you will receive an activation email to the requested email address. Employee compensation increased as a result of higher average salaries and benefits. Net interest margin was 10.29%, down 6 basis points versus the prior year. Back Credit Card, Travel Credit Card, NHL The stock touched a low price of $84.95. Discover Financial Services Q3 2020 earnings call dated Oct. 22, 2020Corporate Participants: Craig A. Streem — Vice president of Investor Relations. Get the hottest stocks to trade every day before the market opens 100% free. Uniting the reach, technologies and expertise of Discover ® Network, Diners Club International ® and PULSE ®, we process billions of transactions annually across 200 countries and territories.And together, we can help your business find a better way. Discover Financial Services (NYSE: DFS): Total revenue net of interest expense (in millions). Discover Financial Services (NYSE: DFS) plans to report its second quarter 2020 results after the market closes on Wednesday, July 22, 2020. Additional factors that could cause the company's results to differ materially from those described in the forward-looking statements can be found under “Risk Factors,” “Business - Competition,” “Business - Supervision and Regulation” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” in the company's Annual Report on Form 10-K for the year ended December 31, 2018, and “Management's Discussion & Analysis of Financial Condition and Results of Operations” in the company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2019, which are filed with the SEC and available at the SEC's internet site (http://www.sec.gov). Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.It also owns and operates the Discover and Pulse networks, and owns Diners Club International. Build a Credit History. craigstreem@discover.com, Media: The company also operates the Discover Network, the PULSE network and Diners Club International, collectively known as the Discover Global Network. Discover Financial Services (DFS) financial statements (2020 and earlier) Company profile Riverwoods, IL, January 23, 2020 - Discover Financial Services (NYSE: DFS) today reported net income of $708 million or $2.25 per diluted share for the fourth quarter of 2019, as compared to $687 million or $2.03 per diluted share for the fourth quarter of 2018. At the very opening of the session, the stock price was $87.38 and reached a high price of $88.20, prior to closing the session it reached the value of $87.48. Credit Card, Student The following factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: changes in economic variables, such as the availability of consumer credit, the housing market, energy costs, the number and size of personal bankruptcy filings, the rate of unemployment, the levels of consumer confidence and consumer debt, and investor sentiment; the impact of current, pending and future legislation, regulation, supervisory guidance, and regulatory and legal actions, including, but not limited to, those related to tax reform, financial regulatory reform, consumer financial services practices, anti-corruption, and funding, capital and liquidity; the actions and initiatives of current and potential competitors; the company's ability to manage its expenses; the company's ability to successfully achieve card acceptance across its networks and maintain relationships with network participants; the company's ability to sustain and grow its non-card products; difficulty obtaining regulatory approval for, financing, closing, transitioning, integrating or managing the expenses of acquisitions of or investments in new businesses, products or technologies; the company's ability to manage its credit risk, market risk, liquidity risk, operational risk, compliance and legal risk, and strategic risk; the availability and cost of funding and capital; access to deposit, securitization, equity, debt and credit markets; the impact of rating agency actions; the level and volatility of equity prices, commodity prices and interest rates, currency values, investments, other market fluctuations and other market indices; losses in the company's investment portfolio; limits on the company's ability to pay dividends and repurchase its common stock; limits on the company's ability to receive payments from its subsidiaries; fraudulent activities or material security breaches of key systems; the company's ability to remain organizationally effective; the company's ability to increase or sustain Discover card usage or attract new customers; the company's ability to maintain relationships with merchants; the effect of political, economic and market conditions, geopolitical events and unforeseen or catastrophic events; the company's ability to introduce new products or services; the company's ability to manage its relationships with third-party vendors; the company's ability to maintain current technology and integrate new and acquired systems; the company's ability to collect amounts for disputed transactions from merchants and merchant acquirers; the company's ability to attract and retain employees; the company's ability to protect its reputation and its intellectual property; and new lawsuits, investigations or similar matters or unanticipated developments related to current matters. By providing your email address below, you are providing consent to Discover Financial Services to send you the requested Investor Email Alert updates. Analysts: Sanjay Sakhrani — KBW — Analyst View source version on businesswire.com: Find the latest Revenue (Quarterly) for Discover Financial Services (DFS) Us, Terms Discover Financial Services (NYSE: DFS) plans to report its first quarter 2020 results after the market closes on Wednesday, April 22, 2020. The company traded shares of 1.56 Million on the trading day while its three month average volume stands at 2.88 Million. It operates the Discover Global Network, comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance around the world. 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