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Capital One's Discover acquisition boosts its card and payment business, ensuring stability, growth, and shareholder returns.
Capital One Financial (COF) credit card delinquency rate crept higher, while its charge-off rate drifted down in July, ...
Discover Financial Services (NYSE:DFS) said it's considering selling its student loans portfolio, according to an SEC filing dated Wednesday. The credit-card issuer will also explore the transfer ...
Discover Financial has a market capitalization of $27.6 billion, while Capital One is valued at $52.2 billion, according to LSEG data. Capital One is valued at $52.2 billion, according to LSEG data.
U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop in the company's provision for credit losses and higher interest income.
Interestingly, Discover Financial stock had a Sharpe Ratio of 0.3 since early 2017, which is lower than 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.24 for ...
How Discover Financial is getting squeezed on two fronts For the first time in years, credit card loan balances are dropping, threatening the card issuer's revenue and profit growth.
Discover had $112.1 billion in loan receivables and $70.5 billion in deposits at the end of last year, according to financial statements. The stock traded down more than 9.4% Tuesday, closing at ...
Oct 18 (Reuters) - Discover Financial Services (DFS.N) fell short of analysts' estimates for third-quarter profit on Wednesday, as it set aside more rainy-day funds to cover potential loan defaults.
Discover Financial stock (NYSE: DFS) has lost roughly 4% YTD, as compared to the 3% rise in the S&P500 over the same period. Further, at its current price of $94 per share, it is trading 20% below ...
A former top executive at Discover Financial Services has accused the credit card company of wrongly clawing back millions of dollars in compensation and using her as a “scapegoat” to assuage ...
Unpacking the Washington Math for a Big Payment Deal Regulators have been tough on big financial mergers, though there are nuances in Capital One’s $35.3 billion takeover bid for Discover.