Discover Financial Services

-1.07 (-0.85%)
Other Pre-Announcement

Discover Financial Services Q2 Earnings Per Share $5.55

Published: 07/21/2021 20:37 GMT
Discover Financial Services (DFS) - Q2 Earnings per Share $5.55.
Board Approves Repurchase of Up to $2.4 Billion of Common Stock.
Increases the Quarterly Common Stock Dividend 14% From $0.44 to $0.50 per Share.
Qtrly Total Net Charge-off Rate 2.12%.
Qtrly Payment Services Volume Was $78.4 Billion, Up 22% Year-over-year.
Says Total Loans Ended Quarter at $87.7 Billion, Down 1% Year-over-year.
Q2 Earnings per Share View $3.99 -- Refinitiv Ibes Data (analyst estimates).
Says Credit Card Loans Ended the Quarter at $68.9 Billion, Down 2% Year-over-year.
Quarterly Provision for Credit Losses of $135 Million Down $1.9 Billion From Prior Year Driven by Reserve Release and Lower Net Charge-offs.