Mentioned Companies:

Discover Financial Services Results—2019

After-tax net income of $2.96 billion increased 7.8% in 2019 at Discover Financial Services (DFS), while revenues net of interest expense of $11.46 billion grew 7.0%. Purchase volume generated by Discover brand credit and prepaid cards totaled $146.18 billion, an increase of 5.1% over 2018. Credit card cash advances totaled $14.10 billion, an increase of 2.2%. Total volume, a combination of purchases and credit card cash, grew 4.9% to $160.28 billion. Credit card cash amounted to 8.80% of total volume, which compared to 9.03% in 2018. Credit cards in circulation at December 31, 2019, rea...

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January 2020
Headlines in this Issue
Charts in this Issue

U.S. General Purpose Cards, Outstandings as a Percentage of Purchase Volume

American Express Card Results 2019

Discover Card U.S. Results 2019

Income at Top U.S. Credit Card Issuers: Company Net vs. Card Net

Investments in Merchant Acquiring & Processing—2019