Michael Shepherd

Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’

Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
April 23, 2025  |  Credit Cards

Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services, Discover Interim CEO and President Michael Shepherd said in a Wednesday...

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Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability
January 23, 2025  |  Earnings

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as...

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New York AG Investigating Proposed Capital One-Discover Deal
New York AG Investigating Proposed Capital One-Discover Deal
October 23, 2024  |  Acquisitions

New York Attorney General Letitia James is reportedly investigating Capital One’s proposed acquisition of Discover Financial Services. Get the Full Story Complete the form to...

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