Discover Financial Services (DFS) Tops Q1 EPS by 1c
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Discover Financial Services Reports First Quarter Net Income of $586 Million or $1.28 Per Diluted Share
April 21, 2015 4:05 PM EDTRIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) today reported net income of $586 million or $1.28 per diluted share for the first quarter of 2015, as compared to $631 million or $1.31 per diluted share for the first quarter of 2014. The company's return on equity for the first quarter of 2015 was 21%.
First Quarter Highlights
Total loans grew $3.8 billion, or 5.9%, from the prior year to $67.6 billion. Credit card loans grew $2.6 billion, or 5.1%, to $53.5 billion and Discover card sales volume increased 2.7% from the prior year.... More