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Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

79.75USD
20 Aug 2019
Change (% chg)

$-1.13 (-1.40%)
Prev Close
$80.88
Open
$80.48
Day's High
$80.82
Day's Low
$79.69
Volume
310,555
Avg. Vol
492,044
52-wk High
$92.97
52-wk Low
$54.36

Latest Key Developments (Source: Significant Developments)

Discover Financial Services Reports Q4 EPS Of $2.03
Thursday, 24 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
Friday, 14 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
Thursday, 25 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
Thursday, 25 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
Thursday, 19 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
Thursday, 28 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
Friday, 22 Jun 2018 

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

Discover Financial Services Sets Quarterly Cash Dividend Of $0.35 Per Share
Friday, 20 Apr 2018 

April 20 (Reuters) - Discover Financial Services ::SETS QUARTERLY CASH DIVIDEND OF $0.35PER SHARE.  Full Article

Discover Financial Says Credit Card Delinquency Rate 1.84 Pct At Feb End Vs 1.81 Pct At Jan End
Thursday, 15 Mar 2018 

March 15 (Reuters) - Discover Financial Services ::DISCOVER FINANCIAL SERVICES SAYS CREDIT CARD DELINQUENCY RATE 1.84 PERCENT AT FEBRUARY END VERSUS 1.81 PERCENT AT JANUARY END - SEC FILING.DISCOVER FINANCIAL SERVICES - CREDIT CARD CHARGE-OFF RATE 2.19 PERCENT AT FEBRUARY END VERSUS 2.17 PERCENT AT JANUARY END.  Full Article

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Shares in big banks climb as Fed approves capital plans

Shares in the S&P 500 bank index rose about 2% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health.