Discover financial services (DFS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Nov'12Nov'11Nov'10Nov'09Nov'08Nov'07
Interest income
Credit card loans

9,690

8,835

7,907

7,155

6,626

6,359

5,978

5,751

5,654

5,836

2,835

2,245

2,134

Other loans

1,871

1,726

1,560

1,361

1,243

1,151

997

856

619

254

168

79

6

Investment securities

179

40

27

38

49

67

74

80

59

26

68

51

10

Other interest income

253

292

154

62

27

19

15

16

13

30

72

315

433

Total interest income

11,993

10,893

9,648

8,616

7,945

7,596

7,064

6,703

6,345

6,146

3,145

2,692

2,584

Interest expense
Deposits

1,587

1,238

846

687

623

614

698

845

987

1,151

1,187

1,199

1,044

Short-term borrowings

-

-

-

-

1

2

3

1

0

0

2

0

89

Long-term borrowings

943

901

802

711

639

518

445

485

498

432

61

88

89

Total interest expense

2,530

2,139

1,648

1,398

1,263

1,134

1,146

1,331

1,485

1,583

1,251

1,288

1,223

Net interest income

9,463

8,754

8,000

7,218

6,682

6,462

5,918

5,372

4,860

4,563

1,893

1,404

1,361

Provision for loan losses

3,231

3,035

2,579

1,859

1,512

1,443

1,086

848

1,013

3,207

2,362

-1,595

-733

Net interest income after provision for credit losses

6,232

5,719

5,421

5,359

5,170

5,019

4,832

4,524

3,847

1,356

-468

-191

627

Other income
Securitization income

-

-

-

-

-

-

-

-

-

-

1,879

2,429

2,323

Discount and interchange revenue, net

1,066

1,074

1,052

1,055

1,117

979

1,126

1,035

1,084

1,055

222

187

241

Protection products revenue

194

204

223

239

261

314

350

409

428

413

295

249

214

Loan fee income

449

402

363

343

335

334

320

325

338

340

247

262

338

Transaction processing revenue

197

178

167

155

159

182

192

218

180

150

125

115

99

Merchant fees

-

-

-

-

-

-

-

-

-

-

44

67

92

Gains on equity investments

-

-

-

-

9

4

5

26

-4

19

-3

-50

-11

Gain on origination and sale of mortgage loans

-

-

-

-

68

81

144

105

0

0

-

-

-

Antitrust litigation settlement

-

-

-

-

-

-

-

-

-

-

1,891

863

0

Other income

90

97

92

89

108

121

169

163

179

118

138

138

78

Total other income

1,996

1,955

1,897

1,881

2,057

2,015

2,306

2,281

2,205

2,095

4,840

4,264

3,376

Other expense
Employee compensation and benefits

1,738

1,627

1,512

1,379

1,327

1,242

1,164

1,048

914

803

827

845

850

Marketing and business development

883

857

776

731

745

735

717

603

537

463

406

530

576

Information processing and communications

409

350

315

339

349

346

333

289

264

258

289

315

330

Professional fees

753

672

655

605

610

450

410

432

415

343

321

349

361

Premises and equipment

107

102

99

95

95

92

82

76

71

70

73

80

79

Other expense

503

469

424

435

489

475

488

604

340

245

333

293

280

Total other expense

4,393

4,077

3,781

3,584

3,615

3,340

3,194

3,052

2,541

2,182

2,251

2,415

2,478

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

3,835

3,597

3,537

3,656

3,612

3,694

3,944

3,753

3,511

1,269

2,120

1,657

1,525

Income tax (benefit) expense

878

855

1,438

1,263

1,315

1,371

1,474

1,408

1,284

504

844

594

561

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

1,062

964

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

135

-375

Net Income (Loss) Attributable to Parent

2,957

2,742

2,099

2,393

2,297

2,323

2,470

2,345

2,227

765

1,276

927

588

Net Income Loss Allocated to Common Stockholders

2,908

2,689

2,031

2,339

2,246

2,270

2,414

2,318

2,202

668

1,206

910

588

Preferred stock dividends and accretion of discount

-

-

-

-

-

-

-

-

-

-

-

-

0

Basic earnings per share:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

2.18

2.02

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-0.28

-0.79

Earnings Per Share, Basic

9.09

7.81

5.43

5.77

5.14

4.91

4.97

4.47

4.06

1.23

2.39

1.90

1.23

Diluted earnings per share:
Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

2.18

2.01

Loss from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-0.28

-0.78

Earnings Per Share, Diluted

9.08

7.79

5.42

5.77

5.13

4.90

4.96

4.46

4.06

1.22

2.38

1.90

1.23

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

0.08

0.12

0.24

0.06