Discover Financial Services (FRA:DC7)

€ 114.62 0.4 (0.35%) Market Cap: 28.72 Bil Enterprise Value: 35.65 Bil PE Ratio: 14.21 PB Ratio: 2.29 GF Score: 84/100

Discover Financial Services at KBW Cards, Payments & Financial Technology Symposium Transcript

Feb 28, 2019 / 02:30PM GMT

Release Date Price: €62.24 (+0.53%)

Transcript

Sanjay Harkishin Sakhrani

Keefe, Bruyette, & Woods, Inc., Research Division - MD

All right. We're going to get started here. Our next speaker is Roger Hochschild, CEO of Discover. He's joining for the first time in his role as CEO. So thank you, Roger, for joining us, and congratulations again.

So Discover reported earnings about a month ago, and it looks like 2019 is setting up to be another solid year of growth and earnings as well, under a pretty positive macro backdrop. We're obviously not seeing any materially weak macro threats, but obviously, investors are very concerned about that. And we'll dig into that a little bit.

Questions & Answers

Sanjay Harkishin Sakhrani;Roger Crosby Hochschild

Keefe, Bruyette, & Woods, Inc., Research Division - MD;Discover Financial

But maybe, Roger, we could start with your new role. You've been CEO for 5 months now. Maybe you could just talk about your transition from President and COO to the role of CEO and any different observations from this vantage point.

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