Discover Financial Fourth-Quarter Profit Jumps on Lower Loan Loss Provisions
The Federal Reserve's decision to lower interest rates and hopes of a soft landing for the economy helped ease lenders' concerns about potential credit defaults in 2025. Discover's provision for credit losses fell to $1.20 billion in the quarter ended Dec. 31 from about $1.91 billion in the year-ago period.
Discover Financial Services Profit Advances In Q4
Discover Financial Services (DFS) announced earnings for its fourth quarter that increased from last year The company's earnings
Discover Financial Services 4Q Profit Jumps, Payment Services Volume Grows
Discover Financial Services reported a jump in profit in its latest quarter and ended the period with higher payment services volume. The digital banking and payment services company on Wednesday posted a net profit of $1.
Q4 Beat Shows That Discover Financial Is Still A Winner
Discover Financial Services shows strong growth post-merger with Capital One, but faces risks from interest rate cuts. Read my analysis of DFS stock.
Discover Financial's Q4 Earnings Beat on Strong Net Interest Margin
Discover Financial Services DFS reported fourth-quarter 2024 adjusted earnings per share of $5.11, which comfortably beat the Zacks Consensus Estimate of $3.17. Also, the bottom line jumped more than three-fold year over year.
Discover Financial Services posts strong Q4 results, shares gain 2%
NEW YORK - Discover Financial Services (NYSE:DFS) reported fourth-quarter earnings that significantly exceeded analyst expectations, driving its stock up 2.5% in after-hours trading Wednesday.
Discover Financial: A Company With Too Many Balls In The Air
Discover Financial's new CEO navigates acquisition talks with Capital One amidst regulatory probes. Learn why DFS stock is a ...
Discover Financial Services: Promising 2025 Outlook Amid Mixed Signals and Merger Uncertainties
BTIG analyst Vincent Caintic has maintained their neutral stance on DFS stock, giving a Hold rating on January 13.Invest with Confidence: ...
Discover's Revenue Surges, Loans Dip 6%
Discover Financial Services delivered a robust earnings report exceeding expectations, marked by significant revenue and ...