Discover Financial Services at Barclays Global Financial Services Conference Transcript

Sep 12, 2023 / 03:15PM GMT
Unidentified Analyst -

All right. Welcome, everyone. We just get started. I'm pleased to have Discover CFO, John Greene with us today. So welcome, John.

John Thomas Greene - Discover Financial Services - Executive VP & CFO

Thank you. Great to be here. I appreciate the invitation.

Questions and Answers:

Unidentified Analyst -

Yes. So maybe can you just update us on this various -- the various supervisory actions at Discover is facing or those actions change anything you are doing operationally? And kind of what kind of insight can you offer on the status of those?

John Thomas Greene - Discover Financial Services - Executive VP & CFO

Right. Well, I appreciate you are starting off with a [softball] on this. So let me actually start with the fundamentals of the business and the fundamentals of the business are actually -- continue to be strong.

So phenomenal loan growth, sustained net interest margins, charge-offs performing largely to expectation and expenses. We
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