Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $58.27 USD
Change Today -0.77 / -1.30%
Volume 3.7M
DFS On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

discover financial services (DFS) Key Developments

Discover Financial Services Announces Executive Changes

On April 29, 2015, Harit Talwar provided notice of his resignation as executive vice president and president U.S. Cards of Discover Financial Services, effective May 8, 2015, to pursue a new opportunity. He has been with the company for 15 years. Julie A. Loeger was appointed as senior vice president and chief marketing officer for its U.S. Cards business, effective immediately. Loeger will oversee sales and loan growth for the card business and will play a role in driving the overall company strategy as a member of the company's executive committee. She will report directly to Roger Hochschild, president and chief operating officer for Discover. Loeger most recently served as senior vice president of brand and new cardmember acquisition for Discover. Throughout her 24-year career with the company, she has been involved in the development of numerous large-scale innovations, many of which she has led, including the launch of the product, Discover it; the 5% cashback bonus program; free FICO scores, and the new Freeze It feature. Prior to joining Discover, Loeger held various marketing positions at Anheuser Busch Inc. Loeger will assume her new responsibilities effective immediately.

Discover Financial Services Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Discover Financial Services reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $1,629 million against $1,563 million a year ago. Income before income taxes was $908 million against $1,022 million a year ago. Net income was $586 million against $631 million a year ago. Net income allocated to common stockholders was $573 million against $618 million a year ago. Book value per share was $25.22 against $23.53 per share a year ago. Earnings per share diluted were $1.28 against $1.31 per share a year ago. Return on equity for the first quarter of 2015 was 21%.

Discover Financial Services Announces Quarterly Cash Dividend on Preferred Stock, Payable on June 1, 2015; Declares Quarterly Cash Dividend on Common Stock, Payable on May 21, 2015

Discover Financial Services announced an increased in the quarterly common stock dividend from $0.24 to $0.28 per share of common stock payable on May 21, 2015, to holders of record at the close of business on May 7, 2015. The company’s Board of Directors also declared a quarterly cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $16.25 per share. The dividend equals $0.40625 per depositary share, each representing 1/40th interest in a share of the Series B Preferred Stock. The dividend will be payable on June 1, 2015, to the holders of record at the close of business on May 15, 2015.

Discover Financial Services Presents at Barclays America Select Franchise Conference 2015, May-20-2015 09:50 AM

Discover Financial Services Presents at Barclays America Select Franchise Conference 2015, May-20-2015 09:50 AM. Venue: Langham Hotel, London, United Kingdom. Speakers: Mark Graf, Chief Financial Officer, R. Mark Graf, Chief Financial Officer and Executive Vice President.

Discover Financial Services Presents at Sanford C. Bernstein Thirty-First Annual Strategic Decisions Conference 2015, May-27-2015 11:00 AM

Discover Financial Services Presents at Sanford C. Bernstein Thirty-First Annual Strategic Decisions Conference 2015, May-27-2015 11:00 AM. Venue: The Waldorf Astoria Hotel, 301 Park Avenue (between 49th and 50th Street), New York, New York, United States. Speakers: David W. Nelms, Chairman and Chief Executive Officer.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DFS:US $58.27 USD -0.77

DFS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alliance Data Systems Corp $298.03 USD -2.04
Fidelity National Information Services Inc $62.70 USD -0.70
Regions Financial Corp $10.09 USD -0.13
State Street Corp $77.93 USD -1.19
Synchrony Financial $32.29 USD -0.24
View Industry Companies
 

Industry Analysis

DFS

Industry Average

Valuation DFS Industry Range
Price/Earnings 12.1x
Price/Sales 3.8x
Price/Book 2.5x
Price/Cash Flow 11.5x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DISCOVER FINANCIAL SERVICES, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.