See more : CareMax, Inc. (CMAXW) Income Statement Analysis – Financial Results
Complete financial analysis of Discover Financial Services (DFS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Discover Financial Services, a leading company in the Financial – Credit Services industry within the Financial Services sector.
You may be interested
- China Infrastructure Construction Corp. (CHNC) Income Statement Analysis – Financial Results
- PT Bukit Asam Tbk (TBNGY) Income Statement Analysis – Financial Results
- Gosun Holding Co., Ltd. (000971.SZ) Income Statement Analysis – Financial Results
- Fuji Electric Co., Ltd. (FELTF) Income Statement Analysis – Financial Results
- Acer Gaming Inc. (6908.TWO) Income Statement Analysis – Financial Results
Discover Financial Services (DFS)
About Discover Financial Services
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.84B | 13.34B | 12.09B | 11.09B | 11.46B | 10.71B | 9.90B | 9.10B | 8.74B | 8.48B | 8.22B | 7.69B | 7.07B | 6.66B | 6.86B | 6.30B | 6.29B | 6.22B | 5.87B | 6.35B | 1.26B |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37.00M | -761.00K | 0.00 | 126.95M | 1.50B | 1.24B | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 9.84B | 13.34B | 12.09B | 11.09B | 11.46B | 10.71B | 9.90B | 9.10B | 8.74B | 8.48B | 8.22B | 7.65B | 7.07B | 6.66B | 6.73B | 4.81B | 5.05B | 6.22B | 5.87B | 6.35B | 1.26B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 99.52% | 100.01% | 100.00% | 98.15% | 76.27% | 80.26% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.43B | 2.14B | 1.99B | 1.89B | 1.74B | 1.63B | 1.51B | 1.38B | 1.33B | 1.24B | 1.16B | 1.05B | 914.00M | 1.06B | 827.68M | 845.39M | 922.09M | 933.20M | 869.64M | 758.91M | 0.00 |
| Selling & Marketing | 1.16B | 1.04B | 810.00M | 659.00M | 883.00M | 857.00M | 776.00M | 731.00M | 745.00M | 735.00M | 717.00M | 610.00M | 537.00M | 463.09M | 406.02M | 530.90M | 610.21M | 603.56M | 586.80M | 575.03M | 0.00 |
| SG&A | 3.60B | 3.17B | 2.80B | 2.55B | 2.62B | 2.48B | 2.29B | 2.11B | 2.07B | 1.98B | 1.88B | 1.66B | 1.45B | 1.52B | 1.23B | 1.38B | 1.53B | 1.54B | 1.46B | 1.33B | 0.00 |
| Other Expenses | 1.13B | -2.64B | -7.82B | -596.00M | -503.00M | -469.00M | -424.00M | -435.00M | -489.00M | -475.00M | -488.00M | -606.00M | 3.59B | 5.45B | 4.34B | 3.92B | 2.90B | -3.84B | -4.60B | -5.13B | 557.55M |
| Operating Expenses | 4.73B | 1.91B | -5.02B | 1.96B | 2.12B | 9.25B | 8.01B | 6.84B | 6.39B | 5.92B | 1.39B | 5.23B | 5.04B | 6.97B | 5.87B | 5.30B | 4.44B | -2.30B | -3.14B | -3.79B | 557.55M |
| Cost & Expenses | 4.73B | 1.91B | -5.02B | 1.96B | 2.12B | 9.25B | 8.01B | 6.84B | 6.39B | 5.92B | 1.39B | 5.23B | 5.04B | 6.97B | 5.87B | 5.30B | 4.44B | -2.30B | -3.14B | -3.79B | 557.55M |
| Interest Income | 17.85B | 12.86B | 10.65B | 11.10B | 11.99B | 10.89B | 9.65B | 8.62B | 7.95B | 7.60B | 7.06B | 6.74B | 6.35B | 6.15B | 6.46B | 6.55B | 6.86B | 6.17B | 5.70B | 5.70B | 2.05B |
| Interest Expense | 4.75B | 1.87B | 1.13B | 1.87B | 2.53B | 2.14B | 1.65B | 1.40B | 1.26B | 1.13B | 1.15B | 1.31B | 1.49B | 1.58B | 1.65B | 2.36B | 2.98B | 2.34B | 1.80B | 1.34B | 789.67M |
| Depreciation & Amortization | 0.00 | 194.00M | 189.00M | 198.00M | 164.00M | 142.00M | 130.00M | 137.00M | 391.00M | 369.00M | 334.00M | 267.00M | 20.07M | 172.01M | 203.49M | 231.40M | 257.13M | 222.80M | 214.31M | 193.13M | 0.00 |
| EBITDA | 0.00 | 6.28B | 7.60B | 0.00 | 4.27B | 4.03B | 3.93B | 4.01B | 4.00B | 4.06B | 4.28B | 4.02B | 3.60B | 1.36B | 2.22B | 1.06B | 1.20B | 2.07B | 1.14B | 1.54B | 1.82B |
| EBITDA Ratio | 0.00% | 61.24% | 62.84% | 17.32% | 37.27% | 57.62% | 56.36% | 59.40% | 60.26% | 61.31% | 65.95% | 69.58% | 71.00% | 45.42% | 52.11% | 46.94% | 40.71% | 66.57% | 50.11% | 43.32% | 144.28% |
| Operating Income | 5.11B | 7.61B | 7.06B | 1.44B | 3.84B | 5.74B | 5.19B | 5.05B | 4.88B | 4.83B | 5.09B | 5.08B | 5.00B | 2.85B | 3.37B | 2.81B | 2.33B | 3.92B | 2.73B | 2.56B | 1.82B |
| Operating Income Ratio | 51.96% | 57.04% | 58.44% | 12.94% | 33.47% | 53.56% | 52.39% | 55.54% | 55.78% | 56.95% | 61.89% | 66.11% | 70.71% | 42.83% | 49.15% | 44.61% | 36.98% | 62.99% | 46.46% | 40.28% | 144.28% |
| Total Other Income/Expenses | -1.29B | -149.00M | -1.08B | -155.00M | -96.00M | -83.00M | -89.00M | -98.00M | -112.00M | -134.00M | -98.00M | 333.00M | -244.00K | 0.00 | 844.71M | 594.69M | -257.13M | -492.51M | -214.31M | -325.81M | 325.43M |
| Income Before Tax | 3.83B | 5.74B | 7.06B | 1.44B | 3.84B | 3.60B | 3.54B | 3.66B | 3.61B | 3.69B | 3.94B | 3.76B | 3.51B | 1.27B | 2.12B | 1.66B | 945.20M | 1.58B | 924.26M | 1.22B | 1.03B |
| Income Before Tax Ratio | 38.87% | 43.05% | 58.44% | 12.94% | 33.47% | 33.59% | 35.74% | 40.18% | 41.33% | 43.58% | 47.96% | 48.95% | 49.70% | 19.06% | 30.91% | 26.31% | 15.02% | 25.43% | 15.75% | 19.19% | 81.56% |
| Income Tax Expense | 886.00M | 1.35B | 1.62B | 294.00M | 878.00M | 855.00M | 1.44B | 1.26B | 1.32B | 1.37B | 1.47B | 1.41B | 1.28B | 504.07M | 844.71M | 594.69M | 356.57M | 505.69M | 346.34M | 442.65M | 378.28M |
| Net Income | 2.94B | 4.37B | 5.42B | 1.14B | 2.96B | 2.74B | 2.10B | 2.39B | 2.30B | 2.32B | 2.47B | 2.35B | 2.23B | 764.79M | 1.28B | 927.75M | 588.63M | 1.08B | 577.92M | 776.25M | 648.63M |
| Net Income Ratio | 29.87% | 32.80% | 44.86% | 10.29% | 25.81% | 25.60% | 21.21% | 26.30% | 26.28% | 27.40% | 30.03% | 30.57% | 31.52% | 11.49% | 18.60% | 14.73% | 9.35% | 17.30% | 9.85% | 12.22% | 51.52% |
| EPS | 11.26 | 15.47 | 17.84 | 3.60 | 9.09 | 7.97 | 5.43 | 5.77 | 5.14 | 4.91 | 4.97 | 4.51 | 4.06 | 1.23 | 2.39 | 1.90 | 1.23 | 2.26 | 1.21 | 1.63 | 1.36 |
| EPS Diluted | 11.26 | 15.42 | 17.84 | 3.60 | 9.09 | 7.95 | 5.42 | 5.77 | 5.13 | 4.90 | 4.96 | 4.50 | 4.06 | 1.22 | 2.38 | 1.90 | 1.23 | 2.26 | 1.21 | 1.63 | 1.36 |
| Weighted Avg Shares Out | 254.00M | 277.00M | 300.00M | 307.00M | 320.00M | 344.00M | 374.00M | 405.00M | 437.00M | 462.00M | 485.00M | 516.00M | 542.00M | 544.00M | 504.55M | 479.34M | 477.24M | 477.24M | 477.24M | 476.21M | 477.24M |
| Weighted Avg Shares Out (Dil) | 254.00M | 278.00M | 300.00M | 307.00M | 320.00M | 345.00M | 374.00M | 406.00M | 438.00M | 463.00M | 487.00M | 517.00M | 543.00M | 549.00M | 507.91M | 479.36M | 478.88M | 477.24M | 477.24M | 476.21M | 477.24M |
Discover Is Selling Its Student Loan Portfolio. What Does That Mean for SoFi Stock?
Discover Financial Services (NYSE: DFS ) announced this morning that its subsidiary, Discover Bank, would sell its private student loan portfolio. The buyer consists of at least one strategic partnership managed by Carlyle (NASDAQ: CG ) and KKR (NYSE: KKR ).
Capital One Announces $265 Billion Community Plan as Part of Discovery Deal
Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide more benefits to underserved communities than the organizations would offer separately.
Discover to Sell $10.1 Billion Private Student Loan Portfolio
Discover Financial Services plans to sell its $10.1 billion private student loan portfolio. The company's Discover Bank entered into an agreement to sell the portfolio to one or more strategic partnerships made up of funds and accounts managed by global investment firms Carlyle and KKR,...
Capital One Announces Five-Year, $265 Billion Community Benefits Plan in Connection with Discover Acquisition to Advance Economic Opportunity and Financial Well-Being
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced a community benefits plan that commits more than $265 billion in lending, investment, and philanthropy over five years as part of its proposed acquisition of Discover Financial Services (NYSE: DFS)....
Discover Financial Stock Is Beating S&P500 In YTD Returns, What To Expect From Q2 Results?
Discover Financial (NYSE: DFS) stock gained 22% YTD, as compared to the 18% rise in the S&P500 index. Notably, Discover Financial's peer American Express (NYSE: AXP) is up 30% YTD.
Exclusive: Capital One pledges $265 billion in lending, philanthropy as it tries to clinch Discover deal
Capital One will commit $265 billion over five years to lending, philanthropy and investment if its takeover of Discover Financial Services goes through, the bank said on Wednesday, as it aims to appease critics and win over regulators.
Can PULSE Business Growth Propel Discover's (DFS) Q2 Earnings?
Discover Financial's (DFS) second-quarter results are likely to be aided by higher average receivables and growth in PULSE volume, partly offset by an elevated expense level.
Ahead of Discover (DFS) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Discover (DFS) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Discover Financial Q2 Earnings Preview: Elevated Delinquencies Remain The Focus
Discover Financial shares have been volatile due to management turnover and rising credit losses, but rallied after Capital One's acquisition announcement. Capital One's acquisition of Discover Financial is expected to face some antitrust regulatory scrutiny, but I view a deal...
Discover (DFS) Expands Market Reach With Exchange Credit Program
Discover (DFS) expands its presence in the military market by collaborating with the Exchange Credit Program.
Source: https://incomestatements.info
Category: Stock Reports