Company

Discover Financial Services

Headquarters: Riverwoods, IL, United States

Founded: 1985

Employees: 16,700

CEO: Mr. Roger Crosby Hochschild

show_chart NYSE: DFS

Market Cap

$33.73 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Originally a credit card operator, Discover has expanded to banking with Discover Bank, which offers reward credit cards, online banking, home equity loans, student loans, and personal loans. Officially operating as Discover Financial Services, it also owns and operates the Pulse debit network and Diners Club International credit cards.

Discover Financial Services market capitalization over time

Evolution of Discover Financial Services market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Discover Financial Services

Detailed Description

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; private student loans, personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts. The Payment Services segment operates the PULSE, an automated teller machine, debit, and electronic funds transfer network; and Diners Club International, a payments network that issues Diners Club branded charge cards and/or provides card acceptance services, as well as offers payment transaction processing and settlement services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Wikipedia Introduction

Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International. Discover Card is the third largest credit card brand in the United States, when measured by cards in force, with nearly 50 million cardholders. Discover is currently headquartered in the Chicago suburb of Riverwoods, Illinois.

Source: Wikipedia, retrieved on Feb. 18, 2021, 3:52 p.m.

Stocks & Indices

Discover Financial Services has the following listings and related stock indices.


Stock: NYSE: DFS

Stock: Bovespa: D1FS34

Stock: FSX: DC7

Stock: XETR: DC7

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Product & Services

Payment systems, Credit cards, Finance, Consumer banking, Loans

Key People

Founder(s): Sears

Roger Hochschild (CEO) David Nelms (Executive Chairman)

Financials

Revenue: US$12.95 billion (2020)

Operating income: US$1.44 billion (2020)

Net income: US$1.14 billion (2020)


Total assets: US$112.89 billion (2020)

Total equity: US$10.88 billion (2020)

Details

Headquarters:

2500 Lake Cook Road

Riverwoods, IL 60015

United States

Phone: 224-405-0900