(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 February 28, 2022. | ||||||||
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: March 14, 2022 | By: | /s/ D. Christopher Greene | ||||||||||||||||||
Name: D. Christopher Greene | ||||||||||||||||||||
Title: Vice President, Secretary and Deputy General Counsel |
Feb 28, 2022 | Jan 31, 2022 | Dec 31, 2021 | Nov 30, 2021 | Oct 31, 2021 | Sep 30, 2021 | Aug 31, 2021 | Jul 31, 2021 | Jun 30, 2021 | May 31, 2021 | Apr 30, 2021 | Mar 31, 2021 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 73.1 | $ | 73.4 | $ | 74.4 | $ | 73.2 | $ | 71.0 | $ | 70.3 | $ | 70.2 | $ | 69.4 | $ | 68.9 | $ | 68.2 | $ | 67.0 | $ | 67.3 | |||||||||||||||||
Average Loans | $ | 72.9 | $ | 73.4 | $ | 73.8 | $ | 71.5 | $ | 70.3 | $ | 69.9 | $ | 69.6 | $ | 68.8 | $ | 68.1 | $ | 67.2 | $ | 66.9 | $ | 67.5 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 2.02 | % | 1.76 | % | 1.58 | % | 1.53 | % | 1.40 | % | 1.48 | % | 1.73 | % | 1.72 | % | 2.18 | % | 2.62 | % | 2.55 | % | 2.71 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 1.79 | % | 1.75 | % | 1.66 | % | 1.60 | % | 1.55 | % | 1.48 | % | 1.42 | % | 1.42 | % | 1.43 | % | 1.50 | % | 1.69 | % | 1.85 | % | |||||||||||||||||
Feb 28, 2021 | 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 | ||||||||||||||||||||||||||||||
Ending Loans | $ | 68.4 | $ | 69.3 | $ | 71.5 | $ | 70.6 | $ | 69.5 | $ | 69.7 | $ | 69.9 | $ | 69.8 | $ | 70.2 | $ | 70.3 | $ | 71.0 | $ | 73.8 | |||||||||||||||||
Average Loans | $ | 68.7 | $ | 70.0 | $ | 71.2 | $ | 69.5 | $ | 69.3 | $ | 69.5 | $ | 69.6 | $ | 69.8 | $ | 70.1 | $ | 70.4 | $ | 72.1 | $ | 74.3 | |||||||||||||||||
Net Principal Charge-off Rate(1) | 3.15 | % | 2.57 | % | 2.45 | % | 2.55 | % | 2.90 | % | 3.31 | % | 3.62 | % | 3.42 | % | 3.65 | % | 4.07 | % | 3.98 | % | 3.67 | % | |||||||||||||||||
Delinquency Rate (30 or more days)(2) | 2.01 | % | 2.08 | % | 2.07 | % | 2.03 | % | 1.99 | % | 1.91 | % | 1.92 | % | 2.03 | % | 2.17 | % | 2.36 | % | 2.56 | % | 2.62 | % | |||||||||||||||||
Document and Entity Information Document |
Mar. 14, 2022 |
---|---|
Cover [Abstract] | |
Document type | 8-K |
Document period end date | Mar. 14, 2022 |
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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