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United States

Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

59.43USD
18 Aug 2017
Change (% chg)

$-0.47 (-0.78%)
Prev Close
$59.90
Open
$59.73
Day's High
$60.00
Day's Low
$59.40
Volume
521,050
Avg. Vol
800,232
52-wk High
$74.33
52-wk Low
$53.91

Latest Key Developments (Source: Significant Developments)

Discover Financial Services posts Q2 earnings per share $1.40
Wednesday, 26 Jul 2017 04:19pm EDT 

July 26 (Reuters) - Discover Financial Services ::Discover Financial Services reports second quarter net income of $546 million or $1.40 per diluted share.Qtrly ‍net interest income $1,938 million versus $1,751 million last year .Q2 earnings per share $1.40.Q2 earnings per share view $1.45 -- Thomson Reuters I/B/E/S.Qtrly ‍credit card loans grew $4.6 billion (8%) to $61.8 billion and qtrly discover card sales volume increased 5 pct from prior year​.Qtrly net interest income $1,938 million versus $1,751 million last year.Discover financial services qtrly ‍total net charge-off rate excluding pci loans increased 52 basis points from prior year to 2.79 pct​.Qtrly provision for loan losses $640 million versus $412 million last year.Qtrly ‍total delinquency rate over 30 days past due excluding PCI loans increased 33 basis points from prior year to 1.93 pct​.Qtrly ‍payment services transaction dollar volume was $50.1 billion, up 12 pct from prior year​.  Full Article

Discover Financial Services says Discover cardmembers can make payments in U.S. with Samsung Pay ​
Tuesday, 27 Jun 2017 08:00am EDT 

June 27 (Reuters) - Discover Financial Services :Discover Financial Services - ‍Discover cardmembers can now make payments in U.S. Using Samsung Pay on latest Samsung Galaxy smartphones and wearables​.  Full Article

Discover Financial May credit card delinquency rate 1.58 pct vs. 1.60 pct at April end - SEC Filing
Wednesday, 14 Jun 2017 12:55pm EDT 

June 14 (Reuters) - Discover Financial Services :Discover financial services - credit card delinquency rate 1.58 percent at may end versus 1.60 percent at april end - sec filing.Discover financial services - credit card charge-off rate 2.20 percent at may end versus 2.25 percent at april end.  Full Article

Discover Financial Services reports Q1 earnings per share $1.43
Tuesday, 25 Apr 2017 04:18pm EDT 

April 25 (Reuters) - Discover Financial Services -:Discover Financial Services reports first quarter net income of $564 million or $1.43 per diluted share.Q1 earnings per share $1.43.Q1 earnings per share view $1.46 -- Thomson Reuters I/B/E/S.Qtrly total net charge-off rate excluding pci loans increased 48 basis points from prior year to 2.69% and.Discover financial services qtrly credit card loans grew $4.1 billion to $59.8 billion.Discover Financial Services -qtrly total delinquency rate over 30 days past due excluding pci loans increased 33 basis points from prior year to 1.97%.Discover Financial Services qtrly discover card sales volume increased 6% from prior year.Discover financial services qtrly total loans grew $5.5 billion from prior year to $75.9 billion.Discover Financial Services qtrly net interest income $1,892 million versus $1,750 million.Qtrly provision for loan losses $586 million versus $424 million.  Full Article

Discover Financial Services says credit card delinquency rate 1.65 pct at March end
Monday, 17 Apr 2017 08:19am EDT 

April 17 (Reuters) - Discover Financial Services :Discover Financial Services - credit card delinquency rate 1.65 percent at March end versus 1.67 percent at February end - sec filing.Discover Financial Services - credit card charge-off rate 2.13 percent at March end versus 2.14 percent at February end.  Full Article

Discover Financial CEO David Nelms' FY 2016 total compensation $8.8 mln vs $8.5 mln
Wednesday, 15 Mar 2017 04:20pm EDT 

Discover Financial Services : Ceo david nelms' fy 2016 total compensation $8.8 million versus $8.5 million in fy 2015 - sec filing . Coo roger hochschild's fy 2016 total compensation $5.3 million versus $10.1 million in fy 2015 .Cfo mark graf's fy 2016 total compensation $3.4 million versus $7.02 million in fy 2015.  Full Article

Discover Financial Services to repurchase up to $100 million of common stock
Monday, 22 Aug 2016 05:11am EDT 

Discover Financial Services : Says to repurchase up to an additional $100 million of shares of the company’s common stock through june 30, 2017 . Expects to increase amount of share repurchases it plans to complete in q3 2016 by additional $100 million announced monday . Says amount is in addition to the $1.95 billion of share repurchases included in the company’s 2016 capital plan .Board of governors of federal reserve notified co that it has no objections to co's repurchase of up to additional $100 million of shares.  Full Article

Discover Financial Services credit card delinquency and charge-off rates for July
Monday, 15 Aug 2016 08:05am EDT 

Discover Financial Services : Discover Financial Services - Credit card delinquency rate 1.39 percent at July end versus 1.35 percent at June end - sec filing .Discover Financial Services - Credit card charge-off rate 1.75 percent at July end versus 1.54 percent at June end.  Full Article

Discover Financial Services q2 earnings per share $1.47
Tuesday, 19 Jul 2016 04:17pm EDT 

Discover Financial Services : Qtrly total loans grew $2.9 billion, or 4%, from prior year to $71.9 billion. . Qtrly credit card loans grew $2.3 billion, or 4%, to $57.2 billion . Qtrly total net charge-off rate excluding PCI loans increased 11 basis points from the prior year to 2.27% . Qtrly provision for loan losses $412 million versus $306 million last year . Q2 earnings per share view $1.42 -- Thomson Reuters I/B/E/S . Q2 earnings per share $1.47 . Qtrly discover card sales volume increased 2% from the prior year . Qtrly net interest income $1,751 million versus $1,636 million last year .Qtrly total delinquency rate over 30 days past due excluding pci loans increased 11 basis points from the prior year to 1.60%.  Full Article

Discover Financial Services says plans to repurchase up to $1.95 bln of common stock
Wednesday, 29 Jun 2016 04:43pm EDT 

Discover Financial Services : Says plans to increase quarterly dividend to $0.30 per share and to repurchase up to $1.95 billion of common stock . Discover receives non-objection from Federal Reserve with respect to proposed capital actions through June 30, 2017 . Company's planned new repurchase program will replace existing program .Fed Reserve system notified discover that it has no objections to capital actions through Jun 30, 2017 as set forth in co's capital plan.  Full Article