January 24, 2018 / 9:31 PM / in a month

BRIEF-Discover Financial Services Reports Q4 EPS $0.99

Jan 24 (Reuters) - Discover Financial Services:

* REPORTS FOURTH QUARTER NET INCOME OF $387 MILLION OR $0.99 PER DILUTED SHARE

* QTRLY CREDIT CARD LOANS GREW $5.8 BILLION TO $67.3 BILLION, ON DISCOVER CARD SALES VOLUME OF $35.3 BILLION

* QTRLY NET INTEREST INCOME $2,120 MILLION VERSUS. $1,892 MILLION LAST YEAR

* QTRLY PROVISION FOR LOAN LOSSES $679 MILLION VERSUS. $578 MILLION LAST YEAR

* QTRLY TOTAL NET CHARGE-OFF RATE EXCLUDING PCI LOANS INCREASED 53 BASIS POINTS FROM THE PRIOR YEAR TO 2.92%

* QTRLY TOTAL 30+ DAY DELINQUENCY RATE EXCLUDING PCI LOANS INCREASED 23 BASIS POINTS FROM THE PRIOR YEAR TO 2.20%

* QTRLY NET INCOME INCLUDED NON-RECURRING CHARGES OF $189 MILLION RESULTING FROM ACTIONS TAKEN BY CO IN CONNECTION WITH TAX ACT

* CHARGES IN QUARTER HAD EFFECT OF REDUCING DILUTED EARNINGS PER SHARE BY $0.52

* Q4 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S Source text for Eikon: [nBwbJhwF0a Further company coverage:

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