AllAnalyst Report
logoArgusOctober 26, 2021

Discover Financial Services: Sequential loan growth in 3Q; reaffirming BUY

Symbols
DFS
Sector(s)
Financial Services
Rating
Current Price
$111.90
Price Target
Earnings Estimate
Summary

Discover Financial Services is a direct banking and payments network company. Discover pioneered cash-rewards credit cards. The company also offers personal loans, student loans, online savings accounts, money market accounts, and CDs. The network business consists of the Discover Network; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network.

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Analyst Profile

Stephen Biggar

Director of Financial Institutions Research
Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.