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 |
USD | |
---|---|
Revenue (Q3, 2020) | 449.0m |
Net income (Q3, 2020) | 771.0m |
Market capitalization (13-Jan-2021) | 29.7b |
Closing stock price (13-Jan-2021) | 97.0 |
Cash (30-Sept-2020) | 9.5b |
EV | 42.1b |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|
Cash | 5.1b | 2.8b | 3.9b | 6.6b | 7.3b | 9.6b | 11.9b | 13.3b | 13.3b | 6.9b |
Accounts Receivable | 45.5b | 55.1b | 59.3b | 65.8b | 70.0b | 72.4b | 77.3b | 81.6b | 87.5b | 92.5b |
PP&E | 460.7m | 483.3m | 534.0m | 654.0m | 670.0m | 693.0m | 734.0m | 825.0m | 936.0m | 1.1b |
Goodwill | 255.4m | 255.4m | 286.0m | 284.0m | 257.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m |
USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 10.3b | 7.9b | 5.2b | 3.8b | 4.0b | 6.3b | 5.1b | 6.2b | 8.1b | 5.7b | 5.6b | 8.7b | 6.9b | 7.4b | 11.8b | 10.6b | 10.3b | 12.1b | 10.6b | 12.1b | 15.2b | 13.0b | 13.2b | 17.0b | 15.3b | 16.0b | 15.2b | 10.3b | 6.1b | 10.0b | 15.1b | 9.5b |
Accounts Receivable | 46.1b | 46.4b | 48.6b | 51.8b | 54.3b | 55.2b | 57.5b | 58.8b | 60.1b | 61.1b | 62.3b | 64.3b | 65.7b | 65.9b | 67.3b | 68.3b | 68.4b | 70.0b | 71.5b | 73.6b | 75.6b | 77.9b | 80.0b | 82.0b | 84.0b | 85.6b | 87.0b | 89.2b | ||||
PP&E | 469.0m | 456.9m | 459.0m | 471.1m | 465.9m | 486.5m | 492.4m | 519.6m | 572.0m | 607.0m | 639.0m | 668.0m | 665.0m | 661.0m | 678.0m | 688.0m | 684.0m | 706.0m | 708.0m | 722.0m | 750.0m | 774.0m | 800.0m | 848.0m | 874.0m | 896.0m | 980.0m | 1.0b | 1.0b | 1.1b | 1.1b | 1.1b |
Goodwill | 255.4m | 255.4m | 255.4m | 255.4m | 255.4m | 255.4m | 255.4m | 287.0m | 286.0m | 284.0m | 284.0m | 284.0m | 284.0m | 284.0m | 257.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m | 255.0m |
USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 764.8m | 2.2b | 2.3b | 2.5b | 2.3b | 2.3b | 2.4b | 2.1b | 2.7b | 3.0b |
Depreciation and Amortization | 64.0m | 59.7m | 63.0m | 395.0m | 435.0m | 436.0m | ||||
Accounts Payable | (269.0m) | 73.0m | 162.0m | 234.0m | ||||||
Cash From Operating Activities | 3.9b | 3.6b | 3.0b | 3.5b | 3.8b | 3.9b | 4.4b | 5.2b | 5.2b | 6.2b |
USD | Q2, 2010 |
---|---|
Financial Leverage | 10.3 x |
FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Transactions | 6.30 b | 1.48 b | 1.50 b | 1.49 b | 5.92 b | 1.33 b | 1.39 b | 1.41 b | 5.58 b | 1.37 b | 1.51 b |
Transaction Volume | $321.74 b | $77.56 b | $78.56 b | $77.44 b | $312.40 b | $73.57 b | $76.55 b | $76.32 b | $306.58 b | $76.97 b | $83.45 b |
Total Loans | $70 b | $67.60 b | $69 b | $70.10 b | $72.40 b | $70.30 b | $71.90 b | $73.60 b | $77.30 b | $75.90 b | $78 b |
Countries | 185 | 185 | 185 |
Discover revenue breakdown by business segment: 97.4% from Direct Banking and 2.6% from Other
Discover has 101.74k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.2% quarter over quarter
136.4k
Tweets
38
Following
101.7k
Followers
716
Tweets last 30 days
0.4
Avg. likes per Tweet
19.4%
Tweets with engagement
B
71/100
A+
77/100
B
73/100
C
64/100
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 17,200 employees.
What is Discover revenue?
Latest Discover annual revenue is $2 b.
What is Discover revenue per employee?
Latest Discover revenue per employee is $116 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 offices in Riverwoods, Houston, Lake Zurich, Naperville and in 7 other locations.
How many offices does Discover have?
Discover has 12 offices.
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