(State or other jurisdiction of incorporation) | (IRS Employer Identification No.) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act | ||||||||
Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
Exhibit No. | Description | |||||||
Monthly Credit Card Charge-off and Delinquency Statistics as of and for each of the twenty-four months ended April 30, 2024. | ||||||||
104 | Cover Page Interactive Data File — the cover page from this Current Report on Form 8-K, formatted as Inline XBRL (included as Exhibit 101). |
DISCOVER FINANCIAL SERVICES | ||||||||||||||||||||
Dated: May 14, 2024 | By: | /s/ Efie Vainikos | ||||||||||||||||||
Name: Efie Vainikos | ||||||||||||||||||||
Title: Assistant Secretary |
Apr 30, 2024 | Mar 31, 2024 | Feb 29, 2024 | Jan 31, 2024 | Dec 31, 2023 | Nov 30, 2023 | Oct 31, 2023 | Sep 30, 2023 | Aug 31, 2023 | Jul 31, 2023 | Jun 30, 2023 | May 31, 2023 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 99.7 | $ | 99.5 | $ | 99.9 | $ | 101.0 | $ | 102.3 | $ | 100.9 | $ | 98.7 | $ | 97.4 | $ | 96.9 | $ | 95.6 | $ | 94.0 | $ | 92.9 | |||||||||||||||||
Average Loans | $ | 99.4 | $ | 99.3 | $ | 100.3 | $ | 101.3 | $ | 101.7 | $ | 99.2 | $ | 97.9 | $ | 97.0 | $ | 96.0 | $ | 94.5 | $ | 93.3 | $ | 91.7 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 5.60 | % | 5.90 | % | 5.86 | % | 5.23 | % | 4.90 | % | 4.71 | % | 4.42 | % | 4.15 | % | 4.16 | % | 3.77 | % | 3.80 | % | 3.67 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 3.72 | % | 3.83 | % | 4.01 | % | 4.02 | % | 3.87 | % | 3.76 | % | 3.61 | % | 3.41 | % | 3.15 | % | 3.00 | % | 2.86 | % | 2.77 | % | |||||||||||||||||
Apr 30, 2023 | Mar 31, 2023 | Feb 28, 2023 | Jan 31, 2023 | Dec 31, 2022 | Nov 30, 2022 | Oct 31, 2022 | Sep 30, 2022 | Aug 31, 2022 | Jul 31, 2022 | Jun 30, 2022 | May 31, 2022 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 91.3 | $ | 89.8 | $ | 89.6 | $ | 90.0 | $ | 90.1 | $ | 87.9 | $ | 85.4 | $ | 83.6 | $ | 82.9 | $ | 81.0 | $ | 79.2 | $ | 77.2 | |||||||||||||||||
Average Loans | $ | 90.5 | $ | 89.2 | $ | 89.5 | $ | 89.7 | $ | 89.1 | $ | 85.9 | $ | 84.2 | $ | 83.0 | $ | 81.6 | $ | 79.7 | $ | 77.9 | $ | 75.7 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 3.56 | % | 3.13 | % | 3.40 | % | 2.81 | % | 2.54 | % | 2.46 | % | 2.10 | % | 2.01 | % | 1.86 | % | 1.90 | % | 1.99 | % | 2.03 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 2.75 | % | 2.76 | % | 2.74 | % | 2.67 | % | 2.53 | % | 2.36 | % | 2.23 | % | 2.11 | % | 1.96 | % | 1.84 | % | 1.76 | % | 1.71 | % | |||||||||||||||||
Document and Entity Information Document |
May 14, 2024 |
---|---|
Cover [Abstract] | |
Document type | 8-K |
Document period end date | May 14, 2024 |
Entity registrant name | DISCOVER FINANCIAL SERVICES |
Entity file number | 001-33378 |
Entity incorporation, state or country code | DE |
Entity tax identification number | 36-2517428 |
Entity address, address line one | 2500 Lake Cook Road |
Entity address, city or town | Riverwoods |
Entity address, state or province | IL |
Entity address, postal zip code | 60015 |
City area code | 224 |
Local phone number | 405-0900 |
Written communications | false |
Soliciting material | false |
Pre-commencement tender offer | false |
Pre-commencement issuer tender offer | false |
Title of 12(b) security | Common Stock, par value $0.01 per share |
Trading symbol | DFS |
Security exchange name | NYSE |
Entity emerging growth company | false |
Entity central index key | 0001393612 |
Amendment flag | false |
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