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At Close: Aug 15, 2025
U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop in the company's provision for credit losses and higher interest income.
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): First Quarter 2025 Results   2025 2024 YOY Change Total loans, end of period (in billions) $117.4 $126.6 (7%) Total revenue
With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an expanded consumer card and digital banking footprint in
Capital One recorded a higher first-quarter profit and is prepared to complete its acquisition of Discover on May 18.
Capital One's plans to acquire Discover have been approved at the federal level.

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Capital One Financial's (COF 0.95%) planned acquisition of Discover Financial Services (DFS 3.22%) has received regulatory approval, and investors are breathing a sigh of relief.
DFS' first-quarter results are likely to benefit from higher non-interest income.
Beyond analysts' top -and-bottom-line estimates for Discover (DFS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter
Shares were climbing after regulators approved a merger between two of the biggest U.S. credit-card issuers.
The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rat
The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion.
Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One's proposed acquisition of Discover.
Federal regulators approved Capital One's (COF) bid to become America's largest credit card lender, signing off on the company's purchase of Discover (DFS) on Friday.
The deal joins two of the largest credit card companies that aren't banks first, like JPMorgan and Citi, with the notable exception of American Express.
Acquisition expected to be completed on 18 May after Federal Reserve and currency comptroller sign off on deal
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