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Discover Financial Services  (DFS)
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DFS's Revenue Growth by Quarter and Year

Discover Financial Services's Revenue results by quarter and year




DFS Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 2,849.00 2,673.00 2,293.00
III Quarter September - 2,706.00 2,592.00 1,964.00
II Quarter June 2,573.00 2,675.00 3,444.00 616.00
I Quarter March 2,651.00 2,748.00 3,160.00 1,081.00
FY   5,224.00 10,978.00 11,869.00 5,954.00



DFS Revenue second quarter 2023 Y/Y Growth Comment
Discover Financial Services reported decrease in Revenue in the second quarter 2023 by -3.81% to $ 2,573.00 millions, from the same quarter in 2022.
The decrease in the second quarter 2023 Discover Financial Services's Revenue compares unfavorably to the Company's average Revenue increase of 14.37%.

Looking into second quarter 2023 results within Consumer Financial Services industry 4 other companies have achieved higher Revenue growth. While Discover Financial Services' s Revenue decline of -3.81% ranks overall at the positon no. 420 in the second quarter 2023.




DFS Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 6.58 % 16.57 % 8.78 %
III Quarter September - 4.4 % 31.98 % -6.52 %
II Quarter June -3.81 % -22.33 % 459.09 % -70.17 %
I Quarter March -3.53 % -13.04 % 192.32 % -44.68 %
FY   - -7.51 % 99.34 % -27.64 %

Financial Statements
Discover Financial Services's second quarter 2023 Revenue $ 2,573.00 millions DFS's Income Statement
Discover Financial Services's second quarter 2022 Revenue $ 2,675.00 millions Quarterly DFS's Income Statement
New: More DFS's historic Revenue Growth >>


DFS Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 5.28 % 3.13 % 16.75 %
III Quarter September - 1.16 % -24.74 % 218.83 %
II Quarter June -2.94 % -2.66 % 8.99 % -43.02 %
I Quarter March -6.95 % 2.81 % 37.81 % -48.72 %
FY (Year on Year)   - -7.51 % 99.34 % -27.64 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Consumer Financial Services Industry #5
Financial Sector #78
Overall #420

Revenue Y/Y Growth Statistics
High Average Low
375.57 % 14.37 % -32.65 %
(Feb 26, 2 2008)   (March 31, 2016)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Consumer Financial Services Industry #5
Financial Sector #78
Overall #420
Revenue Y/Y Growth Statistics
High Average Low
375.57 % 14.37 % -32.65 %
(Feb 26, 2 2008)   (March 31, 2016)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Discover Financial Services's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
962.35 % 17.86 % -92.74 %
(Mar 31 2014)  


DFS's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Discover Financial Services disclosed fall in Revenue from the previous quarter by -2.94% to $ 2,573.00 millions, from $ 2,651.00 millions released in the previous reporting period.

But that's not huge concern, as II. Quarter Revenue always seem to slow in this quarter Brandon Walker, market researcher allocated in Houston noted.

Within Consumer Financial Services industry 5 other companies have achieved higher Revenue quarter on quarter growth. While Discover Financial Services's Revenue growth quarter on quarter, overall rank is 387.


Revenue Q/Q Growth Company Ranking
Within: No.
Consumer Financial Services Industry #6
Financial Sector #73
Overall #387
Revenue Q/Q Growth Company Ranking
Within: No.
Consumer Financial Services Industry #6
Financial Sector #73
Overall #387
Revenue Q/Q Growth Statistics
High Average Low
962.35 % 17.86 % -92.74 %
(Mar 31 2014)  


DFS's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Discover Financial Services disclosed fall in Revenue sequentially by -2.94% to $ 2,573.00 millions, from $ 2,651.00 millions declared in the previous reporting period.

When you look into recent shortcoming in the II. Quarter 2023, you must presume, that usually II. Quarter 2023 results appear to be weaker relative to the first quarter, Brandon Walker, market researcher allocated in Houston mentioned.

Within Consumer Financial Services industry 5 other companies have achieved higher Revenue quarter on quarter growth. While Discover Financial Services's Revenue growth quarter on quarter, overall rank is 387.


Discover Financial Services's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 10,779.00 $ 10,881.00 $ 10,978.00 $ 10,802.00 $ 10,688.00
Y / Y Revenue Growth (TTM) 0.85 % -5.03 % -7.51 % -5.98 % -1.59 %
Year on Year Revenue Growth Overall Ranking # 390 # 37 # 207 # 362 # 511
Seqeuential Revenue Change (TTM) -0.94 % -0.88 % 1.63 % 1.07 % -6.71 %
Seq. Revenue Growth (TTM) Overall Ranking # 420 # 373 # 1625 # 2319 # 3285




Cumulative Revenue growth Comment
Although Discover Financial Services's Annual Revenue growth year on year were below company's average 14.37% , Revenue announced in the Jun 30 2023 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 0.85% year on year, from -5.03% in Mar 31 2023.

In the Financial sector 73 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 37 to 390.

Revenue TTM Q/Q Growth Statistics
High Average Low
375.57 %
14.37 %
-32.65 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Consumer Financial Services Industry # 5
Financial Sector # 74
Overall # 390

Revenue TTM Y/Y Growth Statistics
High Average Low
375.57 %
14.37 %
-32.65 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 78
S&P 500 # 420
Cumulative Revenue growth Comment
Although Discover Financial Services's Annual Revenue growth year on year were below company's average 14.37% , Revenue announced in the Jun 30 2023 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 0.85% year on year, from -5.03% in Mar 31 2023.

In the Financial sector 73 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 37 to 390.

Revenue TTM Q/Q Growth Statistics
High Average Low
375.57 %
14.37 %
-32.65 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Consumer Financial Services Industry # 5
Financial Sector # 74
Overall # 390

Revenue TTM Y/Y Growth Statistics
High Average Low
375.57 %
14.37 %
-32.65 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 78
S&P 500 # 420




Other Revenue Growth
Consumer Financial Services Industry Revenue Growth Trends and Statistics
Financial Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
DFS's Revenue Growth Ratio versus Consumer Financial Services Industry, Financial Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for DFS's Competitors
Revenue Growth for Discover Financial Services's Suppliers
Revenue Growth for DFS's Customers

You may also want to know
DFS's Annual Growth Rates DFS's Profitability Ratios DFS's Asset Turnover Ratio DFS's Dividend Growth
DFS's Roe DFS's Valuation Ratios DFS's Financial Strength Ratios DFS's Dividend Payout Ratio
DFS's Roa DFS's Inventory Turnover Ratio DFS's Growth Rates DFS's Dividend Comparisons



Companies with similar Revenue fall for the quarter ending Jun 30 2023 within Financial SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
Franklin Financial Services Corporation-0.06%$ -0.062 millions
Republic Bancorp inc -0.07%$ -0.067 millions
Eagle Financial Services Inc -0.08%$ -0.078 millions
Uniti Group Inc -0.10%$ -0.098 millions
Tc Bancshares Inc -0.20%$ -0.201 millions
Security Federal Corp-0.24%$ -0.241 millions
Ponce Financial Group Inc -0.37%$ -0.374 millions
Essa Bancorp Inc -0.42%$ -0.415 millions
Greene County Bancorp Inc -0.48%$ -0.480 millions
Ares Commercial Real Estate Corporation-0.62%$ -0.620 millions
Old Republic International Corporation-0.66%$ -0.663 millions
Houlihan Lokey Inc -0.67%$ -0.672 millions
Colony Bankcorp Inc -0.68%$ -0.683 millions
If Bancorp Inc -0.71%$ -0.706 millions
Mgic Investment Corp-0.83%$ -0.833 millions
Virtus Investment Partners Inc -0.91%$ -0.908 millions
Cvb Financial Corp -0.99%$ -0.992 millions
Citigroup inc-1.03%$ -1.029 millions
First National Corp-1.03%$ -1.031 millions
Guaranty Bancshares Inc -1.08%$ -1.081 millions
Smartfinancial Inc -1.15%$ -1.150 millions
Morgan Group Holding Co-1.32%$ -1.317 millions
Marketaxess Holdings Inc -1.41%$ -1.411 millions
First Bancorp-1.51%$ -1.505 millions
Sb Financial Group Inc -1.55%$ -1.549 millions
Orion Office Reit Inc -1.61%$ -1.614 millions
Federal Home Loan Bank Of Atlanta-1.65%$ -1.646 millions
Site Centers Corp -1.79%$ -1.794 millions
Bank Of South Carolina Corporation-1.85%$ -1.849 millions
First Busey Corporation-1.86%$ -1.858 millions




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