RIVERWOODS, Ill.--(BUSINESS WIRE)--
Discover Financial Services (NYSE: DFS) today released the results of
its company-run stress test conducted in accordance with the Dodd-Frank
Wall Street Reform and Consumer Protection Act. The results include
Discover’s estimates of pre-provision net revenue, other revenue, loan
and other losses, net income before taxes and regulatory capital ratios
for both Discover Financial Services and Discover Bank, as well as
additional information on the methodologies used in conducting the
stress test.
These results may be found on the Investor Relations page of Discover’s
corporate website at www.discover.com/company
under Disclosures.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S.
financial services. Since its inception in 1986, the company has become
one of the largest card issuers in the United States. The company issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home equity loans, checking and savings
accounts and certificates of deposit through its direct banking
business. It operates the Discover Network, with millions of merchant
and cash access locations; PULSE, one of the nation's leading ATM/debit
networks; and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discover.com/company.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170622006213/en/
Source: Discover Financial Services