- Discover Financial’s charge-off rate for January 2025 increased to 5.48% compared to 5.23% in January 2024.
- The delinquency rate decreased slightly to 3.87% from 4.02% year-on-year.
- Total card loans was reported at $100.6 billion, marking a 0.4% decline compared to the previous year.
- Analyst recommendations for Discover Financial include 9 buys, 11 holds, and 0 sells.
A look at Discover Financial Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Discover Financial Services, a credit card issuer and electronic payment services company, is positioned for a solid long-term outlook according to Smartkarma Smart Scores. With a resilience score of 5 and momentum score of 5, the company is demonstrating a high level of stability and positive market momentum.
While scores for value, dividend, and growth are all rated at 3, indicating moderate performance in these areas, the strong resilience and momentum bode well for Discover Financial Services‘ future prospects in the financial sector. The company’s diverse offerings, including credit cards, student loans, personal loans, and savings products, coupled with its expansive ATM/debit network, position it well for continued success in the evolving financial landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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