Discover Financial Services (WBO:DFS) Interest Expense : €-4,862 Mil (TTM As of Dec. 2023)

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What is Discover Financial Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Discover Financial Services's interest expense for the three months ended in Dec. 2023 was € -1,284 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-4,862 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Discover Financial Services's Operating Income for the three months ended in Dec. 2023 was € Mil. Discover Financial Services's Interest Expense for the three months ended in Dec. 2023 was € Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Discover Financial Services Interest Expense Historical Data

The historical data trend for Discover Financial Services's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Discover Financial Services Interest Expense Chart

Discover Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2,277.00

-1,533.03

-1,003.59

-1,760.56

-4,352.08

Discover Financial Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-882.63	-1,027.30	-1,206.86	-1,283.80	-1,344.12

Discover Financial Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4,862 Mil.

Discover Financial Services (WBO:DFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (WBO:DFS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

DFS:USA DC7:Germany DC7:Germany

Address

2500 Lake Cook Road, Riverwoods, IL, USA, 60015

Website

https://www.discover.com

Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.