Key PointsDiscover, Berkshire Hathaway and JPMorgan Chase are leading the financial sector's recent performance.Discover gapped down on January 19 after reporting a 59% earnings decline and an increase in its reserve for late payments. Institutional investors sent the stock higher in the past five sessions, as a Citi analyst said it's time to buy the dip. 5 stocks we like better than Discover Financial ServicesBank stocks and other financials tracked in the Financial Select Sector SPDR Fund NYSEARCA: XLF ar ...

财务数据 - 2023年全年净收入为29亿美元，每股收益为11.26美元[9] - 信用卡余额超过1000亿美元，存款同比增长21%[10] - 净利润为3.88亿美元，较上年同期的10亿美元有所下降[15] - 营收增长13%，反映了15%的贷款增长，部分抵消了轻微的净利息差压缩[15] - 总净损失率为4.11%，比去年同期高出198个基点[25] - 公司期末普通股一级资本为11.3%，较上期下降30个基点，主要受资产增长影响[28] 未来展望 - 预期损失将在年中上升，然后在下半年保持稳定，考虑季节性变化[27] - 预计2024年期末贷款增长将相对稳定，平均贷款增长将略有增加[29] - 预计全年净利差率为10.5%至10.8%，目前预期2024年核心利率将下调25个基点[30] - 预计总运营费用将增长中单位数百分比，合规相关成本预计约为5亿美元[31] - 预计净核销率在4.9%至5.3%的范围内[31] 新产品和新技术研发 - 公司在2023年和2024年初收紧了贷款增长，以观察2022年和2023年的业绩，并计划在未来六个月内更积极地扩大新账户增长[51] - 公司预计退出某项业务将对净利息差产生积极影响，预计全年基础点范围在10到20之间[55] - 公司预计市场将决定出售价格，但预计将高于面值[55] 市场扩张和并购 - 公司将参与今年的CCAR流程，资本管理重点仍然是支持有机增长和向股东返还资本[32] - 公司对资本回报和资本配置的承诺没有改变，将继续投资于盈利的有机增长，并向股东返还多余的资本[75] - Nelnet被选为服务提供商，因为他们在服务此类投资组合方面有良好的记录[82]

财务表现 - Discover在2023年12月报告的季度营收为42亿美元，同比增长12.4%[1] - 每股收益为1.54美元，较去年同期的3.77美元有所下降[1] - 发布的营收超出了Zacks Consensus Estimate的2.41%，达到了41亿美元[2] - 每股收益的惊喜为-38.40%，低于预期的2.50美元[2] 经营表现 - Discover在最近报告的季度中表现出色，关键指标包括净利差、总贷款中的净核销率、运营效率比率等[5]

Discover (DFS) came out with quarterly earnings of $1.54 per share, missing the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $3.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -38.40%. A quarter ago, it was expected that this credit card issuer and lender would post earnings of $3.15 per share when it actually produced earnings of $2.59, delivering a surprise of -17.78%.Over the last four quarte ...

Discover公司财务状况 - Discover金融服务公司第四季度利润不及预期，股价下滑[1] - 公司的信用损失准备金在季末达到19亿美元，比2022年同期增加10亿美元[3] - Discover第四季度净利润下降，每股收益从3.74美元降至1.54美元[5] - 分析师预期Discover第四季度每股收益为2.50美元，营收为41亿美元[6] - Discover的净利差下降至10.98%，高于FactSet预测的10.52%[7] Discover公司业务调整 - Discover将于周四举行电话会议讨论业绩，股价在盘后下跌6%[8] - 公司考虑出售学生贷款组合，任命新首席执行官Michael Rhodes[11] Discover公司合规与风险管理 - Discover公司在7月份承认在过去十多年中对一些商家收取过高费用[12] - Discover表示已经采取措施加强风险管理和合规程序[13]

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): Fourth Quarter 2023 Results   2023 2022(1) YOY Change Total loans, end of period (in billions) $128.4 $112.1 15% Total revenue net of interest expense (in millions) $4,196 $3,721 13% Total net charge-off rate 4.11% 2.13% 198 bps Net income/(loss) (in millions) $388 $1,025 (62%) Diluted EPS $1.54 $3.74 (59%) Note(s) 1. The comparative pr ...

Shutter2U Back in the Summer of 2016, I wrote an article analyzing Discover Financial Services (NYSE:DFS) and Synchrony Financial (SYF). The context was looking for safe financials during uncertainty surrounding the Brexit. My conclusion was both stocks were appealing, but Discover Financial had an advantage because of the dividends they offered. Seven and a half years later, Discover Financial has doubled, and Synchrony showed a nice gain and started paying dividends in its own right. I’m not bringing ...

Investors are always looking for stocks that are poised to beat at earnings season and Discover Financial Services (DFS) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Discover Financial is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — ...

Discover Financial Services (DFS) is poised to surpass fourth-quarter 2023 earnings expectations. The results, to be announced on Jan 17, after the closing bell, are anticipated to reflect sustained growth in net interest income and Payment Services revenues, contributing to its performance.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share of $2.50 suggests a 33.2% decrease from the prior-year figure of $3.74. The consensus mark has witnessed two upward estimate re ...

Wall Street analysts expect Discover (DFS) to post quarterly earnings of $2.50 per share in its upcoming report, which indicates a year-over-year decline of 33.7%. Revenues are expected to be $4.09 billion, up 9.7% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 2.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Bef ...