Discover Financial Services Liabilities 2024

Discover Financial Services Aktienanalyse

What does Discover Financial Services do?

Discover Financial Services (DFS) is a US financial services company that was founded in 1985 by Sears, Roebuck and Co., a retail company. The company is headquartered in Riverwoods, Illinois, and offers various financial products and services such as credit cards, payment processing, online banking, deposits, loans, and mortgages. DFS is best known for its credit cards, particularly the Discover Card, which was introduced to the market in 1986. This card was the first to have a cashback rewards program that credits customers a percentage of their purchases as a credit to their card statement, encouraging them to spend more with the card. In 2005, DFS acquired the PULSE ATM/Debit network platform to expand its payment processing services. DFS's credit card division is still one of its major sources of revenue, offering different credit cards like the Discover it Card, Discover it Miles Card, and NHL Discover it Card. These cards provide various benefits such as cashback bonuses, rewards miles and points, as well as low interest rates and fees. DFS also has partnerships with other companies like Amazon, Gap, and Walmart to offer card-related bonuses and discounts. In addition to credit cards, DFS also provides various banking services. Discover Bank is an online banking provider that offers deposit products such as checking accounts, savings accounts, overdraft protection, and more. The bank also has a mobile app that allows customers to manage their accounts and transactions. DFS also offers loans such as personal loans, student loans, and mortgages. The loans are provided through Discover Loans or Discover Home Loans. These loans often have lower interest rates than competitors and have flexible repayment terms. Another important area of DFS is the B2B sector. DFS offers solutions to partner companies that include payment processing services, data analytics, risk management, and fraud detection. This also includes various tools for customer loyalty and rewards programs management. Overall, Discover Financial Services is a leading American provider of financial services, thanks to its innovative and diversified business model. It focuses on offering top-quality products and services while also expanding through partnerships and expanding into new regions. Discover Financial Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Discover Financial Services's Liabilities

Discover Financial Services's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Discover Financial Services's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Discover Financial Services's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Discover Financial Services's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Discover Financial Services’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Discover Financial Services Stock

What is the level of liabilities of Discover Financial Services this year?

Discover Financial Services has a debt balance of 136.69 B USD this year.

What were the liabilities of Discover Financial Services compared to the previous year?

The liabilities of Discover Financial Services have increased by 16.47% increased compared to the previous year.

What are the consequences of high debt for investors of Discover Financial Services?

High liabilities can pose a risk for investors of Discover Financial Services, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Discover Financial Services?

Low liabilities mean that Discover Financial Services has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Discover Financial Services affect the company?

An increase in liabilities of Discover Financial Services can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Discover Financial Services affect the company?

A decrease in the liabilities of Discover Financial Services can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Discover Financial Services?

Some factors that can influence the liabilities of Discover Financial Services include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Discover Financial Services so important for investors?

The liabilities of Discover Financial Services are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Discover Financial Services take to modify the liabilities?

To change its liabilities, Discover Financial Services can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Discover Financial Services pay?

Over the past 12 months, Discover Financial Services paid a dividend of 2.7 USD . This corresponds to a dividend yield of about 2.11 %. For the coming 12 months, Discover Financial Services is expected to pay a dividend of 3.35 USD.

What is the dividend yield of Discover Financial Services?

The current dividend yield of Discover Financial Services is 2.11 %.

When does Discover Financial Services pay dividends?

Discover Financial Services pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Discover Financial Services?

Discover Financial Services paid dividends every year for the past 21 years.

What is the dividend of Discover Financial Services?

For the upcoming 12 months, dividends amounting to 3.35 USD are expected. This corresponds to a dividend yield of 2.63 %.

In which sector is Discover Financial Services located?

Discover Financial Services is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Discover Financial Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Discover Financial Services from 6/6/2024 amounting to 0.7 USD, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did Discover Financial Services pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Discover Financial Services in the year 2023?

In the year 2023, Discover Financial Services distributed 2.3 USD as dividends.

In which currency does Discover Financial Services pay out the dividend?

The dividends of Discover Financial Services are distributed in USD.