Discover Charge-Offs Improve and Debit Volumes Grow as Consumers Are ‘Stable'

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  Posted by Two Blokes Apr 24 - Filed in Stock - 4 views
  
  Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending acquisition by Capital One. An earnings presentation showed that increased debit spending helped drive PULSE network volumes up 3% in the period, to $81.3 billion.