Discover Net Interest Income from 2010 to 2024
| DFS Stock | USD 121.95 0.38 0.31% |
Net Interest Income | First Reported 2019-03-31 | Previous Quarter 3.5 B | Current Value 3.5 B | Quarterly Volatility 431.1 M |
Check Discover Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Discover Financial's main balance sheet or income statement drivers, such as Interest Expense of 1.3 B, Total Revenue of 21.6 B or Gross Profit of 21.6 B, as well as many indicators such as Price To Sales Ratio of 1.32, Dividend Yield of 0.0325 or PTB Ratio of 1.71. Discover financial statements analysis is a perfect complement when working with Discover Financial Valuation or Volatility modules.
Discover | Net Interest Income |
Latest Discover Financial's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Discover Financial Services over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Discover Financial's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Discover Financial's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Discover Net Interest Income Regression Statistics
| Arithmetic Mean | 8,404,119,259 | |
| Geometric Mean | 8,218,510,216 | |
| Coefficient Of Variation | 22.61 | |
| Mean Deviation | 1,589,727,210 | |
| Median | 8,000,000,000 | |
| Standard Deviation | 1,900,080,065 | |
| Sample Variance | 3610304.3T | |
| Range | 6B | |
| R-Value | 0.90 | |
| Mean Square Error | 705866.7T | |
| R-Squared | 0.82 | |
| Slope | 384,373,294 | |
| Total Sum of Squares | 50544259.5T |
Discover Net Interest Income History
About Discover Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Discover Financial income statement, its balance sheet, and the statement of cash flows. Discover Financial investors use historical funamental indicators, such as Discover Financial's Net Interest Income, to determine how well the company is positioned to perform in the future. Although Discover Financial investors may use each financial statement separately, they are all related. The changes in Discover Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Discover Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Discover Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Discover Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 12.7 B | 10.1 B |
Pair Trading with Discover Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Discover Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Discover Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Discover Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discover Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Discover Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Discover Financial Services to buy it.
The correlation of Discover Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Discover Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discover Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Discover Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Discover Stock Analysis
When running Discover Financial's price analysis, check to measure Discover Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.