(State or other jurisdiction of incorporation) | (IRS Employer Identification No.) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act | ||||||||
Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
Exhibit No. | Description | |||||||
Monthly Credit Card Charge-off and Delinquency Statistics as of and for each of the twenty-four months ended January 31, 2021. | ||||||||
104 | Cover Page Interactive Data File — the cover page from this Current Report on Form 8-K, formatted as Inline XBRL (included as Exhibit 101). |
DISCOVER FINANCIAL SERVICES | ||||||||||||||||||||
Dated: February 12, 2021 | By: | /s/ D. Christopher Greene | ||||||||||||||||||
Name: D. Christopher Greene | ||||||||||||||||||||
Title: Vice President, Secretary and Deputy General Counsel |
Jan 31, 2021 | Dec 31, 2020 | Nov 30, 2020 | Oct 31, 2020 | Sep 30, 2020 | Aug 31, 2020 | Jul 31, 2020 | Jun 30, 2020 | May 31, 2020 | Apr 30, 2020 | Mar 31, 2020 | Feb 29, 2020 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 69.3 | $ | 71.5 | $ | 70.6 | $ | 69.5 | $ | 69.7 | $ | 69.9 | $ | 69.8 | $ | 70.2 | $ | 70.3 | $ | 71.0 | $ | 73.8 | $ | 74.8 | |||||||||||||||||
Average Loans | $ | 70.0 | $ | 71.2 | $ | 69.5 | $ | 69.3 | $ | 69.5 | $ | 69.6 | $ | 69.8 | $ | 70.1 | $ | 70.4 | $ | 72.1 | $ | 74.3 | $ | 75.4 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 2.57 | % | 2.45 | % | 2.55 | % | 2.90 | % | 3.31 | % | 3.62 | % | 3.42 | % | 3.65 | % | 4.07 | % | 3.98 | % | 3.67 | % | 3.84 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 2.08 | % | 2.07 | % | 2.03 | % | 1.99 | % | 1.91 | % | 1.92 | % | 2.03 | % | 2.17 | % | 2.36 | % | 2.56 | % | 2.62 | % | 2.64 | % | |||||||||||||||||
Jan 31, 2020 | Dec 31, 2019 | Nov 30, 2019 | Oct 31, 2019 | Sep 30, 2019 | Aug 31, 2019 | Jul 31, 2019 | Jun 30, 2019 | May 31, 2019 | Apr 30, 2019 | Mar 31, 2019 | Feb 28, 2019 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 75.9 | $ | 77.2 | $ | 75.2 | $ | 74.2 | $ | 74.0 | $ | 73.8 | $ | 73.3 | $ | 72.4 | $ | 71.9 | $ | 71.5 | $ | 70.8 | $ | 71.0 | |||||||||||||||||
Average Loans | $ | 76.3 | $ | 76.4 | $ | 74.3 | $ | 73.7 | $ | 73.8 | $ | 73.4 | $ | 72.6 | $ | 72.1 | $ | 71.4 | $ | 71.0 | $ | 70.5 | $ | 71.4 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 3.45 | % | 3.50 | % | 3.46 | % | 3.27 | % | 3.32 | % | 3.40 | % | 3.23 | % | 3.54 | % | 3.48 | % | 3.46 | % | 3.42 | % | 3.81 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 2.65 | % | 2.62 | % | 2.61 | % | 2.58 | % | 2.50 | % | 2.41 | % | 2.37 | % | 2.34 | % | 2.33 | % | 2.38 | % | 2.45 | % | 2.49 | % | |||||||||||||||||
Document and Entity Information Document |
Feb. 12, 2021 |
---|---|
Entity Information [Line Items] | |
Document Type | 8-K |
Document Period End Date | Feb. 12, 2021 |
Entity Registrant Name | DISCOVER FINANCIAL SERVICES |
Entity File Number | 001-33378 |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 36-2517428 |
Entity Address, Address Line One | 2500 Lake Cook Road |
Entity Address, City or Town | Riverwoods |
Entity Address, State or Province | IL |
Entity Address, Postal Zip Code | 60015 |
City Area Code | 224 |
Local Phone Number | 405-0900 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, par value $0.01 per share |
Trading Symbol | DFS |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0001393612 |
Amendment Flag | false |
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