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Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

65.50USD
22 Nov 2017
Change (% chg)

$-0.14 (-0.21%)
Prev Close
$65.64
Open
$65.64
Day's High
$65.85
Day's Low
$65.01
Volume
485,871
Avg. Vol
610,669
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$74.33
52-wk Low
$57.50

Latest Key Developments (Source: Significant Developments)

Discover Financial credit card delinquency rate 1.69% at Oct end - SEC filing ‍​
Wednesday, 15 Nov 2017 08:43am EST 

Nov 15 (Reuters) - Discover Financial Services : :Discover Financial Services - credit card delinquency rate 1.69 percent at October end versus 1.64 percent at September end - SEC filing ‍​.Discover Financial Services - ‍​credit card charge-off rate 2.18‍​ percent at Oct end versus 1.85 percent at Sept end.  Full Article

Discover Financial Services -‍calling for redemption outstanding depositary shares
Wednesday, 1 Nov 2017 08:43am EDT 

Nov 1 (Reuters) - Discover Financial Services :Discover Financial Services -‍calling for redemption outstanding depositary shares relating to 6.50% non-cumulative perpetual preferred stock, series B​.  Full Article

Discover Financial Services posts Q3 earnings $1.59/shr‍​
Tuesday, 24 Oct 2017 06:02pm EDT 

Oct 24 (Reuters) - Discover Financial Services :Discover Financial Services qtrly earnings per share $1.59 ‍​.Discover Financial Services qtrly total net charge-off rate excluding PCI loans increased 61 basis points from the prior year to 2.71 pct‍​.Discover Financial Services - qtrly net interest income $‍2,050 million versus $1,825 million last year.Discover Financial Services - qtrly credit card loans grew $5.5 billion to $63.5 billion and discover card sales volume increased 5 pct from prior year‍​.Discover Financial Services - qtrly provision for loan losses $‍674 million versus $445 million last year.Discover Financial Services qtrly total 30+ day delinquency rate excluding PCI loans increased 26 basis points from the prior year to 2.05 pct‍​.Q3 earnings per share view $1.54 -- Thomson Reuters I/B/E/S.  Full Article

Discover Financial Services credit card delinquency rate 2.1‍​ pct at Aug end vs 2 pct at July end
Tuesday, 12 Sep 2017 08:16am EDT 

Sept 12 (Reuters) - Discover Financial Services :Credit Card delinquency rate 2.1‍​ pct at Aug end versus 2.0 at July end.Discover Financial Services says‍​ credit card charge-off rate 2.8 percent at Aug-end versus 2.8 percent at July end - SEC Filing.  Full Article

Discover Financial Services - its unit ‍received notice from Federal Deposit Insurance Corporation - SEC filing
Wednesday, 30 Aug 2017 04:37pm EDT 

Aug 30 (Reuters) - Discover Financial Services :Discover Financial Services - its unit ‍received notice from Federal Deposit Insurance Corporation - SEC filing.Discover Financial Services - ‍notice regarding June 13, 2014 consent order related to anti-money laundering, related compliance programs been terminated​.  Full Article

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

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Citi hit with $6.5 million in U.S. fines over student loans

WASHINGTON The U.S. Consumer Financial Protection Bureau (CFPB) said on Tuesday it had ordered Citibank to pay $6.5 million for allegedly harming borrowers with student loan servicing failures.