DISCOVER FINANCIAL SERVICES (NYSE:DFS) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
EX-99.1 2 dfs-earningsreleasex1q19ex.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 DISCOVER FINANCIAL SERVICES REPORTS FIRST QUARTER NET INCOME OF $726 MILLIONOR $2.15 PER DILUTED SHAREFirst Quarter Results 20192018YOY ChangeTotal loans,…
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About DISCOVER FINANCIAL SERVICES (NYSE:DFS)
Discover Financial Services (DFS) is a direct banking and payment services company. The Company is a bank holding company, as well as a financial holding company. The Company operates through two segments: Direct Banking, which includes consumer banking and lending products, specifically Discover-branded credit cards issued to individuals and small businesses on the Discover Network and other consumer banking products and services, including personal loans, home equity loans, and other consumer lending and deposit products, and Payment Services segment, which includes PULSE and its Network Partners business. PULSE is an automated teller machine, debit and electronic funds transfer network. The Company’s Network Partners business provides payment transaction processing and settlement services on the Discover Network. The Company provides direct banking products and services, and payment services through its subsidiaries.