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Discover Financial Services (DFS)

62.34 Up 0.45(0.73%) Oct 24, 4:03PM EDT
|After Hours : 62.49 Up 0.15 (0.24%) Oct 24, 7:58PM EDT
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Discover Financial Services
2500 Lake Cook Road
Riverwoods, IL 60015
United States - Map
Phone: 224-405-0900

Index Membership:N/A
Industry:Credit Services
Full Time Employees:14,128

Business Summary 

Discover Financial Services, a bank holding company, provides a range of financial products and services in the United States. The company operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover card-branded credit cards to individuals and small businesses on the Discover Network. This segment also provides other consumer banking products and services, including private student loans, personal loans, home loans, home equity loans, and prepaid cards; and other consumer lending and deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement account certificates of deposit. The Payment Services segment operates the Discover Network, a payment card transaction processing network for Discover-branded credit cards, as well as for credit, debit, and prepaid cards issued by third parties. This segment also operates the PULSE network, an electronic funds transfer network, which provides financial institutions issuing debit cards on the PULSE network with access to automated teller machines; and point-of-sale terminals at retail locations for debit card transactions. In addition, it operates Diners Club International, a payments network that issues Diners Club branded credit cards; and provides card acceptance services. The company was incorporated in 1960 and is based in Riverwoods, Illinois.

Key Statistics

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Corporate Governance 
Discover Financial Services’s ISS Governance QuickScore as of Oct 1, 2014 is 8. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. David W. Nelms , 53
Chairman and Chief Exec. Officer
Mr. Roger C. Hochschild , 49
Pres and Chief Operating Officer
Mr. R. Mark Graf , 49
Chief Financial Officer and Exec. VP
Mr. Harit Talwar , 53
Exec. VP and Pres of U S Cards
Ms. Diane E. Offereins , 57
Exec. VP and Pres of Payment Services
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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