Discover Financial Services Stock News

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers acros...

Discover Financial Services is a strong investment with a P/E of ~10, robust credit metrics, and a 2% dividend, even if the Capital One acquisition fails. The company's 3Q24 results show nearly $1 billion in net income, improved NIM, and manageable charge-offs despite a slight increase in delinquency rates. Discover's CET1 ratio of 12.7% and halted share repurchases provide a solid capital posi...

Credit card issuer Discover hit a new high on Friday after a third-quarter report from would-be parent Capital One.

New York Attorney General Letitia James is reportedly investigating Capital One's proposed acquisition of Discover Financial Services. James asked a court for permission to issue subpoenas to Capital One, saying the bank had declined to voluntarily waive federal confidentiality protections, Bloomberg reported Wednesday (Oct. 23).

New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law.

Discover Financial Service's third-quarter earnings results offered evidence that an acquisition by Capital One is on track. As for the state of the consumer, caution abounds, and many households are looking for ways to consolidate debt.

Discover Financial Services (NYSE:DFS ) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Erin Stieber - SVP, Financial Planning & Analysis and Investor Relations Michael Shepherd - Interim Chief Executive Officer John Greene - Chief Financial Officer Erin Stieber Thank you, and welcome to this morning's call. By way of introduction, I'm Erin Stieber, Senior Vice...

The SEC's comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.