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Discover Financial Services (DFS) |
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DFS's Net Income Growth by Quarter and Year
Discover Financial Services's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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DFS Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
378.00
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1,027.00
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1,062.00
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762.00
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III Quarter |
September |
647.00
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967.00
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1,055.00
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771.00
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II Quarter |
June |
895.00
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1,105.00
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1,688.00
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-368.00
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I Quarter |
March |
939.00
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1,205.00
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1,546.00
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-61.00
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FY |
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2,859.00
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4,304.00
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5,351.00
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1,104.00
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DFS Net Income fourth quarter 2023 Y/Y Growth Comment |
Discover Financial Services reported drop in Net Income in the fourth quarter 2023 by -63.19% to $ 378.00 millions, from the same quarter in 2022. The fall in the fourth quarter 2023 Discover Financial Services's Net Income compares unfavorably to the Company's average Net Income rise of 35.56%.
Looking into fourth quarter 2023 results within Consumer Financial Services industry 4 other companies have achieved higher Net Income growth. While Discover Financial Services' s Net Income meltdown of -63.19% ranks overall at the positon no. 500 in the fourth quarter 2023.
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DFS Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-63.19 % |
-3.3 % |
39.37 % |
7.63 % |
III Quarter |
September |
-33.09 % |
-8.34 % |
36.84 % |
0.13 % |
II Quarter |
June |
-19 % |
-34.54 % |
- |
- |
I Quarter |
March |
-22.07 % |
-22.06 % |
- |
- |
FY |
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-33.57 % |
-19.57 % |
384.69 % |
-62.66 % |
DFS Net Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-41.58 % |
6.2 % |
0.66 % |
-1.17 % |
III Quarter |
September |
-27.71 % |
-12.49 % |
-37.5 % |
- |
II Quarter |
June |
-4.69 % |
-8.3 % |
9.18 % |
- |
I Quarter |
March |
-8.57 % |
13.47 % |
102.89 % |
- |
FY (Year on Year) |
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-33.57 % |
-19.57 % |
384.69 % |
-62.66 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
(Dec 31 2021) |
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(Sep 30 2020) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
(Dec 31 2021) |
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(Sep 30 2020) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Discover Financial Services's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
188.31 % |
10.48 % |
-72.15 % |
(May 30, 2008) |
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DFS's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Discover Financial Services realized fall in Net Income from the previous quarter by -41.58% to $ 378.00 millions, from $ 647.00 millions released a quarter before.
Although cyclical circumstance normally fuel IV. Quarter 2023 Net Income, that clearly has not been substantial to rescue Consumer Financial Services's company achievement, Noah D. Clarke, Financial sector expert situated in London pointed out.
Within Consumer Financial Services industry 8 other companies have achieved higher Net Income quarter on quarter growth. While Discover Financial Services's Net Income growth quarter on quarter, overall rank is 743. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
188.31 % |
10.48 % |
-72.15 % |
(May 30, 2008) |
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DFS's IV. Quarter Q/Q Net Income Comment |
In the IV. Quarter 2023 Discover Financial Services realized fall in Net Income from the previous quarter by -41.58% to $ 378.00 millions, from $ 647.00 millions released in the previous reporting period.
Even seasonal factors which normally elevate IV. Quarter 2023 performance, it clearly has not been enough to salvage Consumer Financial Services's company outcome, Noah D. Clarke, Financial sector expert situated in London said and continued that average sequential Net Income growth is at 10.48% for Discover Financial Services.
Within Consumer Financial Services industry 8 other companies have achieved higher Net Income quarter on quarter growth. While Discover Financial Services's Net Income growth quarter on quarter, overall rank is 743. |
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Discover Financial Services's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Net Income 12 Months Ending |
$ 2,859.00 |
$ 3,508.00 |
$ 3,828.00 |
$ 4,038.00 |
$ 4,304.00 |
Y / Y Net Income Growth (TTM) |
-33.57 % |
-19.15 % |
-13.53 % |
-19.4 % |
-19.57 % |
Year on Year Net Income Growth Overall
Ranking |
# 653 |
# 201 |
# 234 |
# 238 |
# 30 |
Seqeuential Net Income Change (TTM) |
-18.5 % |
-8.36 % |
-5.2 % |
-6.18 % |
-0.81 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 500 |
# 1021 |
# 253 |
# 944 |
# 780 |
Cumulative Net Income growth
Comment |
Discover Financial Services's cumulative 12 months Net Income continue to drop, but on the faster rate at -33.57% year on year, at Dec 31 2023 compare to the -19.15% decrease at Sep 30 2023. If the Discover Financial Services's fiscal year would end at Dec 31 2023, annual Net Income would be $2,859 millions.
In the Financial sector 133 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 201 to 653. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 5 |
Sector |
# 92 |
S&P 500 |
# 500 |
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Cumulative Net Income growth
Comment |
Discover Financial Services's cumulative 12 months Net Income continue to drop, but on the faster rate at -33.57% year on year, at Dec 31 2023 compare to the -19.15% decrease at Sep 30 2023. If the Discover Financial Services's fiscal year would end at Dec 31 2023, annual Net Income would be $2,859 millions.
In the Financial sector 133 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 201 to 653. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
384.69 % |
35.56 % |
-64.24 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 5 |
Sector |
# 92 |
S&P 500 |
# 500 |
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