Edition:
India

Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

82.86USD
20 Nov 2019
Change (% chg)

$-1.05 (-1.25%)
Prev Close
$83.91
Open
$83.24
Day's High
$83.42
Day's Low
$82.31
Volume
322,768
Avg. Vol
536,813
52-wk High
$92.97
52-wk Low
$54.36

Latest Key Developments (Source: Significant Developments)

Discover Financial Services Says On Sept 13, 2019, Board Of Directors Had Elected John Thomas Greene, As CFO Effective Sept 18, 2019
Friday, 13 Sep 2019 

Sept 13 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES - ON SEPT 13, 2019, BOARD OF DIRECTORS HAD ELECTED JOHN THOMAS GREENE, AS CFO EFFECTIVE SEPT 18, 2019.DISCOVER FINANCIAL SERVICES - PRIOR TO GREENE'S ELECTION, R. MARK GRAF SERVED AS CO'S EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER.  Full Article

Discover Names John Greene As New Chief Financial Officer
Friday, 13 Sep 2019 

Sept 13 (Reuters) - Discover Financial Services ::DISCOVER NAMES JOHN T. GREENE AS NEW CHIEF FINANCIAL OFFICER.DISCOVER FINANCIAL SERVICES - JOHN T. GREENE NAMED CHIEF FINANCIAL OFFICER EFFECTIVE SEPT 18.DISCOVER FINANCIAL SERVICES - GREENE MOST RECENTLY SERVED AS CFO AT BIOVERATIV.DISCOVER FINANCIAL SERVICES - GREENE SUCCEEDS R. MARK GRAF, WHO WILL REMAIN WITH COMPANY AS AN EXECUTIVE ADVISOR UNTIL HIS RETIREMENT IN EARLY 2020.  Full Article

Discover Financial Services Reports Q4 EPS Of $2.03
Friday, 25 Jan 2019 

Jan 24 (Reuters) - Discover Financial Services ::Q4 EARNINGS PER SHARE $2.03.Q4 EARNINGS PER SHARE VIEW $2.06 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUE NET OF INTEREST EXPENSE $2,807 MILLION VERSUS $2,614 MILLION.Q4 REVENUE VIEW $2.81 BILLION -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME $2,302 MILLION VERSUS $2,120 MILLION.SEES 2019 TOTAL LOAN GROWTH OF 6-8 PERCENT.  Full Article

Discover Financial Services Says David Nelms Notified Board To Step Down As Executive Chairman
Saturday, 15 Dec 2018 

Dec 14 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES - ON DEC 12, DAVID NELMS NOTIFIED BOARD TO STEP DOWN AS EXECUTIVE CHAIRMAN AND DIRECTOR, EFFECTIVE DEC 31 - SEC FILING.DISCOVER FINANCIAL SERVICES SAYS BOARD ELECTED LAWRENCE WEINBACH TO SERVE AS NON-EXECUTIVE, INDEPENDENT CHAIRMAN, EFFECTIVE JANUARY 1, 2019.DISCOVER FINANCIAL SERVICES SAYS BOARD ALSO TOOK ACTION TO DECREASE THE SIZE OF THE BOARD FROM 12 TO 11 DIRECTORS.  Full Article

Discover Financial Services Q3 Earnings Per Share $2.05
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Discover Financial Services ::REPORTS THIRD QUARTER NET INCOME OF $720 MILLION OR $2.05 PER DILUTED SHARE.Q3 EARNINGS PER SHARE $2.05.Q3 EARNINGS PER SHARE VIEW $2.05 -- THOMSON REUTERS I/B/E/S.QUARTERLY TOTAL REVENUE NET OF INTEREST EXPENSE $2,724 MILLION VERSUS $2,525 MILLION.QTRLY PROVISION FOR LOAN LOSSES $742 MILLION VERSUS $742 MILLION.QTRLY TOTAL NET CHARGE-OFF RATE INCREASED 34 BASIS POINTS FROM PRIOR YEAR TO 2.97 PERCENT.CREDIT CARD LOANS ENDED QUARTER AT $69.3 BILLION, UP 9% FROM PRIOR YEAR.  Full Article

Discover Financial Services Reports Q3 EPS $2.05
Friday, 26 Oct 2018 

Oct 25 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES REPORTS THIRD QUARTER NET INCOME OF $720 MILLION OR $2.05 PER DILUTED SHARE.Q3 EARNINGS PER SHARE $2.05.Q3 EARNINGS PER SHARE VIEW $2.05 -- THOMSON REUTERS I/B/E/S.QUARTERLY TOTAL REVENUE NET OF INTEREST EXPENSE $2,724 MILLION VERSUS $2,525 MILLION.QTRLY TOTAL NET CHARGE-OFF RATE INCREASED 34 BASIS POINTS FROM PRIOR YEAR TO 2.97 PERCENT.CREDIT CARD LOANS ENDED QUARTER AT $69.3 BILLION, UP 9% FROM PRIOR YEAR.QTRLY PROVISION FOR LOAN LOSSES $742 MILLION VERSUS $674 MILLION.  Full Article

Roger Hochschild To Succeed David Nelms As Discover CEO
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Discover Financial Services ::ROGER HOCHSCHILD TO SUCCEED DAVID NELMS AS DISCOVER CHIEF EXECUTIVE OFFICER EFFECTIVE OCTOBER 1, 2018.DISCOVER FINANCIAL SERVICES - NELMS TO CONTINUE AS EXECUTIVE CHAIRMAN UNTIL HIS RETIREMENT IN EARLY 2019.DISCOVER FINANCIAL SERVICES - HOCHSCHILD ELECTED TO DFS BOARD.  Full Article

Discover Financial Services Says Board Approved $3.0 Bln Share Repurchase
Friday, 20 Jul 2018 

July 19 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES - BOARD OF DIRECTORS HAS APPROVED A NEW $3.0 BILLION SHARE REPURCHASE PROGRAM.DISCOVER FINANCIAL SERVICES - BOARD OF DIRECTORS INCREASED QUARTERLY COMMON STOCK DIVIDEND FROM $0.35 TO $0.40 PER SHARE.DISCOVER FINANCIAL SERVICES - NEW SHARE REPURCHASE PROGRAM EXPIRES ON JANUARY 31, 2020, AND MAY BE TERMINATED AT ANY TIME.DISCOVER FINANCIAL SERVICES - NEW $3 BILLION SHARE REPURCHASE PROGRAM IS A 5 QUARTER SHARE REPURCHASE PROGRAM & REPLACES PRIOR 5-QUARTER, $2.75 BILLION PROGRAM.  Full Article

Discover Receives Non-Objection From Federal Reserve
Friday, 29 Jun 2018 

June 28 (Reuters) - Discover Financial Services ::DISCOVER RECEIVES NON-OBJECTION FROM FEDERAL RESERVE WITH RESPECT TO PROPOSED CAPITAL ACTIONS THROUGH JUNE 30, 2019.DISCOVER FINANCIAL SERVICES - CAPITAL PLAN INCLUDES AN INCREASE IN COMPANY'S NEXT QUARTERLY DIVIDEND FROM $0.35 TO $0.40 PER SHARE OF COMMON STOCK.DISCOVER FINANCIAL SERVICES - CAPITAL PLAN INCLUDES SHARE REPURCHASES OF UP TO $1.85 BILLION DURING FOUR QTRS ENDING JUNE 30, 2019.DISCOVER FINANCIAL SERVICES - NEW SHARE REPURCHASE PROGRAM WILL REPLACE EXISTING PROGRAM.  Full Article

Discover Financial Services Files For Potential Mixed Shelf Offering, Size Not Disclosed- SEC Filing
Saturday, 23 Jun 2018 

June 22 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING.  Full Article