Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial's Q3 Earnings Beat on Interest Income Spike — Oct 17th, 2024

Discover Financial Services DFS reported strong third-quarter results supported by interest income growth, thanks to a high-interest rate environment, lower provision for credit losses, growing loans, PULSE volumes and margin expansion. The positives were partially offset by higher expense...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

Trump Victory Renews Faith in Discover-Capital One Merger — Nov 6th, 2024

Shares of Discover and Capital One jumped after Donald Trump’s victory restored investors’ faith in the marriage of the two banks. The $35.3 billion merger, first proposed in February, has faced regulatory hurdles under the Biden administration. The FDIC introduced stricter guidelines ...

Discover Financial quarterly profit jumps on robust interest income, lower provisions — Oct 16th, 2024

(Reuters) - Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday. The company recorded net interest income of $3.66 billion in the quarter, 10% high...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

The Market Is Betting Trump Won’t Fix High Card Rates — Nov 8th, 2024

Donald Trump was elected at least in part because of voter unhappiness with living costs, and their hope he might do something about it. Among those high prices have been what it costs to borrow on a credit card. Trump during the campaign even floated the idea of a temporary 10% cap on cre...

Discover Financial Services Reports Third Quarter 2024 Net Income of $965 Million or $3.69 Per Diluted Share — Oct 16th, 2024

Board of Directors Declares Quarterly Dividend for Common Stock RIVERWOODS, Ill., October 16, 2024--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Third Quarter 2024 Results 2024(1) 2023 YOY Change Total loans, end of period (in billions) $127.0 $122.7 4% Total revenue net of ...