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Discover Financial Services (DFS.N)

DFS.N on New York Stock Exchange

69.32USD
7:59pm GMT
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$-0.62 (-0.89%)
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$69.94
Open
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Volume
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$81.93
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Latest Key Developments (Source: Significant Developments)

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

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

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Federal Reserve unveils proposal to ease regulations for larger banks

WASHINGTON The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses.