Edition:
India

Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

80.51USD
12 Jan 2018
Change (% chg)

-- (--)
Prev Close
$80.51
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
632,014
52-wk High
$81.00
52-wk Low
$57.50

Latest Key Developments (Source: Significant Developments)

DFS Services and NAPAS Sign Agreement To Form Strategic Alliance
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Discover Financial Services ::DFS SERVICES LLC SAYS CO, NATIONAL PAYMENTS CORPORATION OF VIETNAM SIGNED AN AGREEMENT TO FORM A STRATEGIC ALLIANCE.DFS SERVICES LLC SAYS DEAL WILL ALLOW ACCEPTANCE OF NAPAS GLOBAL CARDS OUTSIDE OF VIETNAM ON DISCOVER GLOBAL NETWORK.  Full Article

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

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 

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​
Wednesday, 25 Oct 2017 

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 global network signs deal with Desjardins Group
Wednesday, 24 May 2017 

May 24 (Reuters) - Discover Global Network :Discover Global Network signs deal with Desjardins Group to expand merchant credit card acceptance in Canada.Discover Global Network entered into an agreement with Desjardins Group to expand acceptance in Canada.  Full Article

Discover Financial Services - credit card delinquency rate 1.66 pct at Jan. end versus 1.60 pct at Dec. end
Wednesday, 15 Feb 2017 

Discover Financial Services : Discover Financial Services says credit card delinquency rate 1.66 percent at January end versus 1.60 percent at December end - sec filing .Discover financial services Says credit card charge-off rate 2.02 percent at January end versus 1.92 percent at December end.  Full Article

Discover Financial Services to repurchase up to $100 million of common stock
Monday, 22 Aug 2016 

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 

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
Wednesday, 20 Jul 2016 

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
Thursday, 30 Jun 2016 

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