you can make an impact. whether it’s developing corporate strategy, innovating new services or supporting it needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. it’s the heart of what we do. discover is one of the most recognized brands in u.s. financial services. we’re a direct banking and payment services company built on a legacy of innovation and customer service. our employees have always played a big part in our success. we support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.
Company profile
Ticker
DFS
Exchange
Website
CEO
Roger Hochschild
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
DFS Corporate Services LLC • DFS International Inc. • DFS Services LLC • Diners Club International Ltd. • Diners Club Services Private Limited • Diners Club Taiwan Ltd. • Discover Financial Services (Canada), Inc. • Discover Financial Services (Hong Kong) Limited • Discover Financial Services (UK) Limited • Discover Funding LLC ...
IRS number
362517428
DFS stock data
Latest filings (excl ownership)
425
Business combination disclosure
26 Apr 24
425
Business combination disclosure
26 Apr 24
425
Business combination disclosure
22 Apr 24
425
Business combination disclosure
22 Apr 24
425
Business combination disclosure
17 Apr 24
8-K
Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million
17 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
8-K
Departure of Directors or Certain Officers
27 Mar 24
425
Business combination disclosure
21 Mar 24
ARS
2023 FY
Annual report to shareholders
15 Mar 24
Transcripts
DFS
Earnings call transcript
2024 Q1
18 Apr 24
DFS
Earnings call transcript
2023 Q4
18 Jan 24
DFS
Earnings call transcript
2023 Q3
19 Oct 23
DFS
Earnings call transcript
2023 Q2
20 Jul 23
DFS
Earnings call transcript
2023 Q1
20 Apr 23
DFS
Earnings call transcript
2022 Q4
19 Jan 23
DFS
Earnings call transcript
2022 Q3
25 Oct 22
DFS
Earnings call transcript
2022 Q2
21 Jul 22
DFS
Earnings call transcript
2022 Q1
28 Apr 22
DFS
Earnings call transcript
2021 Q4
20 Jan 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 9.23 bn | 9.23 bn | 9.23 bn | 9.23 bn | 9.23 bn | 9.23 bn |
Cash burn (monthly) | (no burn) | 219.75 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 1.52 bn | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 7.71 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 35.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
63.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 789 |
Opened positions | 146 |
Closed positions | 242 |
Increased positions | 237 |
Reduced positions | 268 |
13F shares | Current |
---|---|
Total value | 16.92 tn |
Total shares | 158.15 mm |
Total puts | 717.20 k |
Total calls | 371.82 k |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 32.33 mm | $3.63 tn |
Capital World Investors | 20.63 mm | $2.32 tn |
STT State Street | 10.59 mm | $1.19 tn |
Boston Partners | 9.07 mm | $1.02 tn |
FMR | 6.66 mm | $748.51 bn |
MS Morgan Stanley | 4.44 mm | $498.89 bn |
Dimensional Fund Advisors | 3.66 mm | $410.89 bn |
BCS Barclays | 2.54 mm | $285.51 mm |
NTRS Northern Trust | 2.52 mm | $282.85 bn |
IVZ Invesco | 2.28 mm | $256.29 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Apr 24 | Karl Werwath | Common Stock | Grant | Acquire A | No | No | 0 | 7,894 | 0.00 | 7,894 |
15 Apr 24 | Amy Hellen | Common Stock | Grant | Acquire A | No | No | 0 | 4,122 | 0.00 | 16,300 |
12 Apr 24 | Michael George Rhodes | Common Stock | Sale back to company | Dispose D | No | No | 0 | 110,611 | 0.00 | 240 |
News
Key Takeaways From Discover Finl Analyst Ratings
19 Apr 24
Jefferies Maintains Buy on Discover Finl, Raises Price Target to $145
19 Apr 24
Barclays Maintains Equal-Weight on Discover Finl, Raises Price Target to $123
19 Apr 24
Discover Financial Faces Concerns Over Remediation Reserve, Analysts Caution Despite Q1 Sales Growth
18 Apr 24
Discover Financial Q1 Earnings Highlights: Revenue Beat, Charge-Offs Rise, Merger Update And More
17 Apr 24
Press releases
Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share
17 Apr 24
Discover Financial Services Deploys Google Cloud's Generative AI to Transform Customer Service
9 Apr 24
Discover Financial Services Announces First Quarter 2024 Earnings Release On April 17, 2024, and Conference Call on April 18, 2024
28 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates HRT, DFS, COF, KNTE
24 Feb 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DFS, COF, KNTE
21 Feb 24