Discover Financial Services at Goldman Sachs US Financial Services Conference Transcript

Dec 06, 2022 / 02:20PM GMT
Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

Up next, we are excited to have Discover Financial joining us once again. Over the years, Discover has continued to execute on its strategy of being a leading direct bank, generating operating leverage and driving outsized growth, while continuing to have amongst the best credit in the industry. Joining us once again is President and CEO, Roger Hochschild. Today's presentation is going to be fireside chat. Good to see you again, Roger.

Roger Crosby Hochschild - Discover Financial Services - CEO, President & Director

Good to see you, Ryan. Thanks for having us.

Questions and Answers:

Ryan Matthew Nash - Goldman Sachs Group, Inc., Research Division - MD

So, Roger, we've finally exited the pandemic. Company is growing at a really nice clip, 20% in card, profitability has been very solid. However, the markets are clearly concerned with what could be on the horizon. We've heard Storm Cloud, storm in the last couple of presentations. So, as you
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