Discover Financial Services ROA 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.

ROA Details

Understanding Discover Financial Services's Return on Assets (ROA)

Discover Financial Services's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Discover Financial Services's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Discover Financial Services's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Discover Financial Services’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Discover Financial Services stock

What is the Return on Assets (ROA) of Discover Financial Services this year?

The Return on Assets (ROA) of Discover Financial Services is 0.02 undefined this year.

What was the ROA of Discover Financial Services compared to the previous year?

The ROA of Discover Financial Services has increased by -42.02% compared to the previous year.

What consequences do high ROA have for investors of Discover Financial Services?

A high ROA is advantageous for investors of Discover Financial Services, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Discover Financial Services?

A low ROA can be unfavorable for investors of Discover Financial Services as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Discover Financial Services can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Discover Financial Services impact the company?

A reduction in the ROA of Discover Financial Services can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Discover Financial Services include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Discover Financial Services important for investors?

The ROA of Discover Financial Services is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Discover Financial Services take to improve ROA?

To improve ROA, Discover Financial Services can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.94 %. 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 1.94 %.

When does Discover Financial Services pay dividends?

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

How secure is the dividend of Discover Financial Services?

Discover Financial Services paid dividends every year for the past 22 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 2.41 %.

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 9/5/2024 amounting to 0.7 USD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Discover Financial Services pay the last dividend?

The last dividend was paid out on 9/5/2024.

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.