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Discover Financial Services (NYSE:DFS), currently valued at over $50 billion in market capitalization, has reported its monthly credit card charge-off and delinquency statistics for the last two years, ending April 30, 2025. The information was disclosed in a regulatory filing with the SEC today, providing data up to and including April 2025. The company has shown remarkable performance, with a 67% return over the past year and trading near its 52-week high of $207.42.For deeper insights into DFS’s performance metrics and expert analysis, InvestingPro offers comprehensive research reports with actionable intelligence for smarter investing decisions.
The filing, submitted on May 14, 2025, includes Exhibit 99.1 with the detailed statistics. Discover Financial Services, headquartered in Riverwoods, Illinois, is known for its credit card services and operates under the ticker DFS on the New York Stock Exchange (NYSE). The company maintains a strong financial position with an impressive "GREAT" Financial Health Score of 3.46 according to InvestingPro metrics.
The data provided in the filing is a regular disclosure and is not considered filed for purposes of the Securities Exchange Act of 1934. It also does not form part of any filing under the Securities Act of 1933 unless specifically referenced in such a filing.
Discover Financial Services, incorporated in Delaware with an IRS Employer Identification No. 36-2517428, has made the information available in accordance with Regulation FD (Fair Disclosure). The company’s commitment to transparency is reflected in these periodic disclosures, which are closely monitored by investors and analysts for signs of financial health and credit performance.
The report is signed by Efie Vainikos, Assistant Secretary of Discover Financial Services, and is in compliance with the requirements of the Securities Exchange Act of 1934. The company has not indicated that it is an emerging growth company as defined in relevant securities regulations.
Investors and stakeholders can access the full details of the credit card charge-off and delinquency statistics by referring to Exhibit 99.1 of the 8-K filing. This filing is based on a press release statement and provides a snapshot of the company’s credit card performance over a significant period. The company has demonstrated strong shareholder commitment, having raised its dividend for 14 consecutive years and maintaining a current P/E ratio of 10.69, with revenue growth of approximately 36% over the last twelve months.
In other recent news, Discover Financial Services reported strong first-quarter 2025 earnings, surpassing Wall Street’s expectations. The company achieved earnings per share (EPS) of $4.25, significantly exceeding the forecasted $3.35, while revenue reached $4.25 billion, slightly above the anticipated $4.23 billion. Net income surged by 30% year-over-year to $1.1 billion, driven by an increase in net interest margin and strategic growth in consumer deposits. Discover Financial Services is also preparing for a significant merger with Capital One (NYSE:COF), set to close on May 18, 2025, which has received necessary regulatory approvals. Analysts at Jefferies recently downgraded Discover Financial from ’Buy’ to ’Hold’, setting a price target of $180.00, due to the impending merger. Despite the downgrade, Jefferies maintains a positive outlook on the combined entity’s potential post-transaction. Discover’s financial performance and the anticipated benefits from the merger are key points of interest for investors. The company’s strong capital position and strategic direction continue to garner attention in the financial markets.
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