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Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

82.33USD
22 Jul 2019
Change (% chg)

$0.59 (+0.72%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Discover Financial Services Says Increased Quarterly Common Stock Dividend From $0.40 To $0.44 Per Share
Friday, 19 Jul 2019 

July 18 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES - INCREASED QUARTERLY COMMON STOCK DIVIDEND FROM $0.40 TO $0.44 PER SHARE.DISCOVER FINANCIAL SERVICES - APPROVED A NEW $2.2 BILLION SHARE REPURCHASE PROGRAM.DISCOVER FINANCIAL SERVICES - NEW FIVE-QUARTER SHARE REPURCHASE PROGRAM REPLACES PRIOR FIVE-QUARTER, $3.0 BILLION PROGRAM.  Full Article

Discover To Increase Quarterly Dividend To $0.44 Per Share
Friday, 28 Jun 2019 

June 27 (Reuters) - Discover Financial Services ::DISCOVER ANNOUNCES PLANS TO INCREASE QUARTERLY DIVIDEND TO $0.44 PER SHARE AND TO REPURCHASE UP TO $1.63 BILLION OF COMMON STOCK.DISCOVER FINANCIAL SERVICES - BOARD IS SCHEDULED TO APPROVE A NEW SHARE REPURCHASE PROGRAM AND WILL CONSIDER DIVIDEND INCREASE AT ITS JULY MEETING..  Full Article

Discover Financial Services Reports Q1 EPS Of $2.15
Friday, 26 Apr 2019 

April 25 (Reuters) - Discover Financial Services ::Q1 EARNINGS PER SHARE $2.15.DIRECT BANKING CREDIT CARD LOANS ENDED QUARTER AT $70.8 BILLION, UP 8%.QTRLY NET INTEREST INCOME $2,305 MILLION, UP 10 PERCENT.TOTAL LOANS ENDED THE QUARTER AT $88.7 BILLION, UP 7% COMPARED TO THE PRIOR YEAR.QTRLY TOTAL NET CHARGE-OFF RATE 3.25% VERSUS 3.09%.Q1 EARNINGS PER SHARE VIEW $2.02 -- REFINITIV IBES DATA.QTRLY PROVISION FOR LOAN LOSSES $809 MILLION, INCREASED BY $58 MILLION FROM THE PRIOR YEAR.QTRLY 30+ DAY DELINQUENCY RATE FOR CREDIT CARD LOANS WAS 2.45%, UP 12 BASIS POINTS FROM THE PRIOR YEAR.  Full Article

Discover Financial Services Q1 Earnings Per Share $2.15
Friday, 26 Apr 2019 

April 25 (Reuters) - Discover Financial Services ::Q1 EARNINGS PER SHARE $2.15.QTRLY NET INTEREST INCOME $2,305 MILLION, UP 10 PERCENT.TOTAL LOANS ENDED THE QUARTER AT $88.7 BILLION, UP 7% COMPARED TO THE PRIOR YEAR.QTRLY TOTAL NET CHARGE-OFF RATE 3.25% VERSUS 3.09%.CREDIT CARD LOANS ENDED THE QUARTER AT $70.8 BILLION, UP 8% FROM THE PRIOR YEAR.Q1 EARNINGS PER SHARE VIEW $2.02 -- REFINITIV IBES DATA.QTRLY PROVISION FOR LOAN LOSSES $809 MILLION, INCREASED BY $58 MILLION FROM THE PRIOR YEAR.QTRLY 30+ DAY DELINQUENCY RATE FOR CREDIT CARD LOANS WAS 2.45%, UP 12 BASIS POINTS FROM THE PRIOR YEAR.  Full Article

Discover Financial Services Says CEO Roger Hochschild's FY 2018 Total Compensation Was $5.7 Mln Vs $5.4 Mln In FY 2017
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES SAYS CEO ROGER HOCHSCHILD'S FY 2018 TOTAL COMPENSATION WAS $5.7 MILLION VERSUS $5.4 MILLION IN FY 2017 - SEC FILING.  Full Article

Discover Financial Services Says Discover Bank Issued & Sold $900 Mln Aggregate Principal Amount Of Notes Due 2028
Friday, 14 Sep 2018 

Sept 13 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES SAYS ON SEPT 13, DISCOVER BANK ISSUED & SOLD $900 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 4.650% NOTES DUE 2028 - SEC FILING.DISCOVER FINANCIAL SERVICES - NOTES WERE ISSUED AS PER SEPT. 13 FISCAL & PAYING AGENCY AGREEMENT BETWEEN DISCOVER BANK & U.S. BANK NATIONAL ASSOCIATION.  Full Article

Discover Financial Services Q2 Earnings Per Share $1.91
Friday, 27 Jul 2018 

July 26 (Reuters) - Discover Financial Services ::REPORTS SECOND QUARTER NET INCOME OF $669 MILLION OR $1.91 PER DILUTED SHARE.Q2 EARNINGS PER SHARE $1.91.Q2 EARNINGS PER SHARE VIEW $1.88 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL LOANS GREW $6.8 BILLION, OR 9%, FROM PRIOR YEAR TO $84.8 BILLION..DISCOVER FINANCIAL - QTRLY CREDIT CARD LOANS GREW $6.0 BILLION, OR 10%, TO $67.8 BILLION, AND DISCOVER CARD SALES VOLUME INCREASED 9% FROM PRIOR YEAR, TO $35.1 BILLION.QTRLY NET INTEREST INCOME $2,129 MILLION VERSUS $ 1,938 MILLION YEAR AGO.QTRLY TOTAL NET CHARGE-OFF RATE INCREASED 40 BASIS POINTS FROM PRIOR YEAR TO 3.11%.DISCOVER FINANCIAL- EXCLUDING PURCHASED CREDIT-IMPAIRED ("PCI") LOANS, QTRLY TOTAL NET CHARGE-OFF RATE INCREASED 39 BASIS POINTS FROM PRIOR YEAR TO 3.18%.QTRLY PAYMENT SERVICES TRANSACTION DOLLAR VOLUME WAS $57.3 BILLION, UP 14% FROM THE PRIOR YEAR.QTRLY TOTAL 30+ DAY DELINQUENCY RATE INCREASED 15 BASIS POINTS FROM PRIOR YEAR TO 2.08%.Q2 EARNINGS PER SHARE VIEW $1.88, REVENUE VIEW $2.63 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Discover Financial Services Q1 Net Income $666 Million
Friday, 27 Apr 2018 

April 26 (Reuters) - Discover Financial Services ::REPORTS FIRST QUARTER NET INCOME OF $666 MILLION OR $1.82 PER DILUTED SHARE.Q1 EARNINGS PER SHARE $1.82.Q1 EARNINGS PER SHARE VIEW $1.77 -- THOMSON REUTERS I/B/E/S.QTRLY CREDIT CARD LOANS GREW $5.8 BILLION (10%) TO $65.6 BILLION, ON DISCOVER CARD SALES VOLUME OF $30.9 BILLION.QTRLY TOTAL NET CHARGE-OFF RATE, EXCLUDING PURCHASED CREDIT-IMPAIRED LOANS, INCREASED 48 BASIS POINTS FROM PRIOR YEAR TO 3.17%.QTRLY TOTAL 30+ DAY DELINQUENCY RATE EXCLUDING PCI LOANS INCREASED 26 BASIS POINTS FROM PRIOR YEAR TO 2.23%.QTRLY NET INTEREST INCOME $2,100 MILLION VERSUS $1,892 MILLION REPORTED LAST YEAR.QTRLY PAYMENT SERVICES TRANSACTION DOLLAR VOLUME WAS $56.1 BILLION, UP 19% FROM PRIOR YEAR.QTRLY PROVISION FOR LOAN LOSSES $751 MILLION VERSUS $586 MILLION.  Full Article

Discover Financial Issued, Sold $800 Mln 3.35% Notes Due 2023
Wednesday, 7 Feb 2018 

Feb 6 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES SAYS ON FEBR 6, UNIT ISSUED, SOLD $800 MILLION OF ITS 3.350% NOTES DUE 2023 - SEC FILING.DISCOVER FINANCIAL SERVICES - NOTES MATURE ON FEBRUARY 6, 2023.  Full Article

Discover To Grant $1,000 Bonuses To More Than 15,000 Employees
Thursday, 25 Jan 2018 

Jan 24 (Reuters) - Discover Financial Services ::DISCOVER FURTHER INVESTS IN ITS WORKFORCE: RAISES HOURLY PAY; GRANTS $1,000 BONUSES TO MORE THAN 15,000 EMPLOYEES AS PART OF TAX RELIEF MEASURES.DISCOVER FINANCIAL SERVICES - NEW MINIMUM RATE WILL TAKE EFFECT LATER THIS YEAR & ULTIMATELY WILL IMPACT MORE THAN 7,000 EMPLOYEES.DISCOVER FINANCIAL - PLANS TO RAISE MINIMUM HOURLY PAY RATE TO $15.25 FOR ITS FULL-TIME U.S. EMPLOYEES AS A RESULT OF RECENT CORPORATE TAX REDUCTIONS.  Full Article