Discover Financial Services (DFS) Tops Q2 EPS by 3c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/29/2026

1. NOW
2. GOOGL
3. MSFT
4. ENPH
5. BA
6. HOOD
7. SPY
8. STX
9. GOOG
10. NXPI

Go back to Discover Financial Services (DFS) Tops Q2 EPS by 3c

Discover Financial Services Reports Second Quarter Net Income of $669 Million or $1.91 Per Diluted Share

July 26, 2018 4:18 PM EDT

RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) today reported net income of $669 million or $1.91 per diluted share for the second quarter of 2018, as compared to $546 million or $1.40 per diluted share for the second quarter of 2017. The companys return on equity for the second quarter of 2018 was 25%.

Second Quarter Highlights

Total loans grew $6.8 billion, or 9%, from the prior year to $84.8 billion. Credit card loans grew $6.0 billion, or 10%, to $67.8 billion, and Discover card sales volume increased 9% from the prior year, to $35.1 billion.... More