Discover Financial ServicesDFS

Market cap

$47.1B

P/E ratio

16.2x

	Nov 30, 2010	Nov 30, 2011	Nov 30, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Credit card loans	5,836	5,654	5,751	5,978	6,359	6,626	7,155	7,907	8,835	9,690	8,985	8,717	10,632	14,438	16,109
Other loans	254	619	856	997	1,151	1,243	1,361	1,560	1,726	1,871	1,817	1,734	1,870	2,515	2,729
Investment securities	26	59	80	74	67	49	38	27	40	179	252	182	179	449	521
Other interest income	30	13	16	15	19	27	62	154	292	253	41	18	183	443	661
Total interest income	6,146	6,345	6,703	7,064	7,596	7,945	8,616	9,648	10,893	11,993	11,095	10,651	12,864	17,845	20,020
Deposits	1,151	987	845	698	614	623	687	846	1,238	1,587	1,231	661	1,257	3,886	4,772
Short-term borrowings	0	0	1	3	2	1	-	-	-	-	32	-	2	5	19
Long-term borrowings	432	498	485	445	518	639	711	802	901	943	602	473	606	855	933
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,724
Net interest income	4,563	4,861	5,372	5,918	6,462	6,682	7,218	8,000	8,754	9,463	9,230	9,517	10,999	13,099	14,296
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	5,134	218	2,359	6,018	4,911
Net interest income after provision for credit losses	1,357	3,847	4,524	4,832	5,019	5,170	5,359	5,421	5,719	6,232	4,096	9,299	8,640	7,081	9,385
Discount and interchange revenue	1,055	1,084	1,035	1,126	979	1,117	1,055	1,052	1,074	1,066	933	1,224	1,424	1,447	1,520
Protection products revenue	-	-	-	-	-	-	-	-	204	194	180	165	172	172	169
Loan fee income	-	-	-	-	-	-	-	-	402	449	414	464	632	763	819
Transaction processing revenue	150	180	218	192	182	159	155	167	178	197	195	227	249	303	345
Losses on equity investments	-	-	-	-	-	-	-	-	-	-	-	-	-214	-9	-2
Other income	90	162	163	169	121	108	89	89	97	90	56	66	75	85	763
Total other income	2,095	2,205	2,281	2,306	2,015	2,057	1,881	1,897	1,955	1,996	1,858	2,570	2,338	2,761	3,614
Labor and Related Expense	803	914	1,048	1,164	1,242	1,327	1,379	1,512	1,627	1,738	1,894	1,986	2,139	2,434	2,824
Marketing and Advertising Expense	463	537	603	717	735	745	731	776	857	883	659	810	1,035	1,164	1,070
Information processing and communications	258	264	289	333	346	349	339	315	350	409	540	500	513	608	735
Professional fees	343	415	432	410	450	610	605	655	672	753	717	797	871	1,041	1,274
Occupancy, Net	70	71	76	82	92	95	95	99	102	107	113	92	118	89	93
Other expense	246	339	604	488	475	489	435	424	469	503	596	620	560	680	929
Total other expense	2,183	2,541	3,052	3,194	3,340	3,615	3,584	3,781	4,077	4,393	4,519	4,805	5,236	6,016	6,925
Income before income taxes	-	-	-	-	-	-	-	-	-	-	-	7,064	5,742	3,826	6,074
Income tax expense	504	1,285	1,408	1,474	1,371	1,315	1,263	1,438	855	878	294	1,615	1,350	886	1,539
Net income	765	2,227	2,345	2,470	2,323	2,297	2,393	2,099	2,742	2,957	1,141	5,449	4,392	2,940	4,535
Net income (loss) available to common stockholders, basic	668	-	-	-	-	-	-	-	-	-	1,104	5,351	4,304	2,859	4,446
Earnings Per Share, Basic	1.23	4.06	4.47	4.97	4.91	5.14	5.77	5.43	7.81	9.09	3.6	17.85	15.52	11.27	17.72
Earnings Per Share, Diluted	1.22	4.06	4.46	4.96	4.9	5.13	5.77	5.42	7.79	9.08	3.6	17.83	15.5	11.26	17.72