Discover
OverviewSuggest Edit
Discover Financial Services is a direct banking and payment services company. It provides direct banking services, payment services, credit card loans, private student loans, personal loans, home equity loans and deposit products. The company also operates the Discover Network, the PULSE network and Diners Club International, collectively known as the Discover Global Network. The Discover Network processes transactions for Discover-branded credit and debit cards and provides payment transaction processing and settlement services. PULSE operates an electronic funds transfer network, providing financial institutions issuing debit cards on the PULSE network with access to ATMs domestically and internationally, as well as merchant acceptance throughout the U.S. for debit card transactions. Diners Club is a global payments network of licensees, which are generally financial institutions, that issue Diners Club branded charge cards and/or provide card acceptance services.
| Type | Public | |
| Founded | 1985 | |
| HQ | Riverwoods, IL, US | Map |
| Website | discover.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Recent NewsAll News
Key People/Management at Discover
Wanji Walcott
Jen Wong
Roger C. Hochschild
Jeffrey S. Aronin
John T. Greene
Gregory C. Case
Discover Office Locations
Discover Financials and Metrics
Discover Revenue
| USD | |
|---|---|
Revenue (Q1, 2021) | 3.1b |
Gross profit (Q1, 2021) | 2.8b |
Gross profit margin (Q1, 2021), % | 89.8% |
Net income (Q1, 2021) | 1.6b |
Market capitalization (11-Jun-2021) | 37.7b |
Closing stock price (11-Jun-2021) | 123.2 |
Cash (31-Mar-2021) | 20.3b |
EV | 38.4b |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Net Income | 726.0m | 1.5b | 2.2b | (61.0m) | (429.0m) | 342.0m | 1.6b |
Depreciation and Amortization | 99.0m | 202.0m | 315.0m | 123.0m | 246.0m | 362.0m | 119.0m |
Cash From Operating Activities | 2.3b | 3.9b | 4.7b | 1.7b | 3.3b | 4.6b | 1.5b |
Purchases of PP&E | (82.0m) | (151.0m) | (212.0m) | (59.0m) | (153.0m) | (206.0m) | (41.0m) |
| USD | FY, 2018 |
|---|---|
EV/CFO | 6.4 x |
Revenue/Employee | 776.3k |
Debt/Equity | 2.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 9.8 x |
P/E Ratio | 7.6 |
Discover Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
Transactions | 6.83 b | 1.74 b | 1.85 b | 1.93 b | 7.51 b | 1.83 b | 1.77 b | 1.95 b | 7.58 b | 1.99 b |
Transaction Volume | $376.48 b | $95.1 b | $99.7 b | $101.3 b | $402.65 b | $99.07 b | $96.83 b | $108.45 b | $416.99 b | $115.13 b |
Total Loans | $90.51 b | $88.74 b | $90.23 b | $92.49 b | $95.89 b | $92.96 b | $88.93 b | $88.66 b | $90.45 b | $86.35 b |
Countries | 134 |
Discover Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Home Loan Center | May 12, 2011 | $55.9 m |
| Student Loan Corporation | December 31, 2010 | |
| First National Bank Alaska | October 13, 2010 | |
| Diners Club International | July 01, 2008 | |
| DFS Corporate Services LLC | ||
| DFS GSD Corp. | ||
| DFS International Inc. | ||
| DFS Services LLC | ||
| Diners Club International Ltd. | ||
| Diners Club Services Private Limited |
Discover Revenue Breakdown
Discover revenue breakdown by business segment: 96.9% from Direct Banking and 3.1% from Other
Discover Cybersecurity Score
Discover Environment, Social & Governance (ESG) Ratings
Discover Online and Social Media Presence
100.87k Twitter followers
Discover has 100.87k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 0.6% quarter over quarter
Discover's Trends
Twitter Engagement Stats for @Discover
139.7k
Tweets
46
Following
100.9k
Followers
661
Tweets last 30 days
0.3
Avg. likes per Tweet
25.4%
Tweets with engagement
Discover Company Culture
Overall Culture
B
71/100
CEO Rating
A+
77/100
Compensation
B
73/100
Diversity
C
64/100
Discover News and Updates
Thinking about trading options or stock in Dow, SmileDirectClub, Discover Financial Services, Coca-Cola, or Dollar General?
Greene named CFO of Discover Financial Services
Discover Financial Services Names Jennifer L. Wong to Board of Directors
Why I No Longer Hold Discover Financial Services
Discover Blogs
How to Save More Money in the Stay-at-Home Economy by Focusing on What Matters Most
4 Quarantine Money Lessons to Turn New Habits into Long-term Savings Strategies
How to Prepare for the End of Your Unemployment Benefits
How to Handle a Pay Cut: Budgeting in Uncertain Times
Planning a Home Office? Check Out These Budget-Friendly Tips
How to Find a Job in a Recession: Smart Strategies for Experienced Professionals and New Grads
Discover Frequently Asked Questions
When was Discover founded?
Discover was founded in 1985.
Who are Discover key executives?
Discover's key executives are Wanji Walcott, Jen Wong and Roger C. Hochschild.
How many employees does Discover have?
Discover has 17,600 employees.
What is Discover revenue?
Latest Discover annual revenue is $13 b.
What is Discover revenue per employee?
Latest Discover revenue per employee is $736 k.
Who are Discover competitors?
Competitors of Discover include Capital One, Mastercard and Ally Financial.
Where is Discover headquarters?
Discover headquarters is located at 2500 Lake Cook Rd, Riverwoods.
Where are Discover offices?
Discover has an office in Riverwoods.
How many offices does Discover have?
Discover has 1 office.
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