Mentioned Companies:

Discover Financial Results

Credit and prepaid cards issued directly by Discover Financial Services (DFS) generated $118.44 billion in purchase volume at merchants in 2015, up 2.5% over 2014. Cash advances including balance transfers of $9.38 billion dipped 2.2% from 2014. Purchase volume and cash volume combined reached $127.83 billion, up 2.2%. Cash volume accounted for 7.34% of total volume in 2015 compared to 7.67% the prior year. Outstanding credit card debt increased $1.77 billion to $57.90 billion, up 3.1%. Net principal charge-offs grew 2.4% to $1.22 billion. The net principal charge-off rate of 2.22% was d...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

© Copyright 2024 Nilson Report


February 2016
Headlines in this Issue
Charts in this Issue

Purchase Volume Projected Worldwide

Market Shares of Purchase Volume Worldwide

Income at Top U.S. Credit Card Issuers

Discover Card U.S. Results 2015 vs. 2014

American Express U.S. Card Results 2015 vs. 2014