Business and Finance Business and Finance
Sat, January 25, 2025
[ 02:01 PM ] - MSN
Budget 2025: Experts urge government to enhance travel and tourism growth in India
[ 02:00 PM ] - AOL
Companies are running away from DEI. One of America's biggest beauty brands is standing firm
[ 01:41 PM ] - MSN
The world's top 10 most valuable car brands in 2025
[ 01:40 PM ] - MSN
Will amend law to rein in microfinance companies: CM Siddaramaiah
[ 01:20 PM ] - MSN
Got $500? 2 Top Growth Stocks to Buy That Could Double Your Money
[ 01:01 PM ] - MSN
Northern Trust's SWOT analysis: stock outlook amid regulatory shifts
[ 01:01 PM ] - MSN
1 Top Dividend Stock to Buy in 2025, and 1 to Avoid
[ 01:00 PM ] - MSN
A Key Trump Goal Emerges: Replacing Human Jobs With AI
[ 12:20 PM ] - AOL
4 Best Ways To Launch a Business While on a Work Sabbatical
[ 11:20 AM ] - MSN
Your financial plan, retirement and investment questions answered
[ 08:00 AM ] - MSN
Will amend law to rein in microfinance companies: Karnataka CM Siddaramaiah
[ 07:00 AM ] - mwnation
Quest for better welfare
[ 06:20 AM ] - MoneyWeek
Home insurance and storm damage: how the 55mph storm damage definition could affect you
[ 06:20 AM ] - MSN
I got a job at Deloitte but was miserable and qui .. Now I'm doing what I love and will never go back.
[ 05:40 AM ] - MSN
Should You Invest $1,000 in Home Depot Stock Right Now and Hold for 10 Years?
[ 05:20 AM ] - MSN
Mayor Bass waives taxes for businesses impacted by fires
[ 04:40 AM ] - businessday
Toyota tops global auto brands as Tesla drops in 2025 rankings
[ 04:00 AM ] - MSN
LA Mayor Announces Expanded Tax Relief for Businesses Impacted by Fires
[ 04:00 AM ] - cfodive
Agentic AI is here. Are CFOs ready?
[ 01:00 AM ] - Reuters
Wall Street banks prepare sale of up to $3 billion in X loans next week, sources say
[ 12:40 AM ] - Investopedia
How the Man Who Single-Handedly Brought Down One .. Banks Became a Financial Misconduct Investigator
Fri, January 24, 2025
[ 11:21 PM ] - MSN
No Tax on Tips Act reintroduced to Congress and local business owners are speaking up
[ 11:20 PM ] - cnbctv18
Budget 2025 Expectations Highlights: FM to lead H .. eremony, marking the start of budget preparations
[ 11:00 PM ] - MSN
PepsiCo's SWOT analysis: stock outlook amid shifting consumer trends
[ 11:00 PM ] - Time
What Companies at Davos are Saying About Climate and Trump
[ 10:20 PM ] - MSN
Retirees Can Count on Safe Recurring Income From These 6% Dividend Stocks
[ 10:01 PM ] - MSN
Expect market volatility during Trump's second term
[ 10:01 PM ] - MSN
Air Products & Chemicals' SWOT analysis: stock poised for strategic shift amid activist push
[ 10:00 PM ] - MSN
CSX's SWOT analysis: rail giant's stock faces crossroads amid market shifts
[ 10:00 PM ] - MSN
Discover Financial Services (NYSE:DFS) Q4 2024 Earnings Call Transcript

Discover Financial Services (NYSE:DFS) Q4 2024 Earnings Call Transcript


Published on 2025-01-24 22:00:49 - MSN
  Print publication without navigation

  • Q4 2024 Earnings Call Transcript January 23, 2025 Operator: Good morning. My name is Madison, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fourth Quarter 2024 Discover Financial Services Earnings Conference Call.

The article provides a transcript of Discover Financial Services' (NYSE: DFS) Q4 2024 earnings call. During the call, CEO Michael Rhodes discussed the company's performance, highlighting a net income of $388 million, or $1.54 per diluted share, with adjusted net income at $343 million, or $1.38 per share. Key points included a 15% year-over-year increase in total loans, a slight decrease in net interest margin to 10.97%, and a rise in operating expenses by 19% due to higher employee compensation, marketing, and professional fees. The company also faced challenges with increased delinquency rates and charge-offs, particularly in the credit card segment. Rhodes emphasized strategic initiatives aimed at enhancing digital capabilities, improving customer experience, and managing risk, while also addressing regulatory matters and the ongoing integration of the Pulse acquisition. The call concluded with a Q&A session where analysts sought more details on credit performance, growth strategies, and regulatory compliance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/discover-financial-services-nyse-dfs-q4-2024-earnings-call-transcript/ar-AA1xNlVh ]
Contributing Sources