>
Switch to:

Discover Financial Services Capital Adequacy Tier - Tier 1 Ratio %

: 16.70% (As of Sep. 2021)
View and export this data going back to 2007. Start your Free Trial

Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.

Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Sep. 2021 was 16.70% , which is lower than 16.90% for the pervious quarter ended in Jun. 2021.

Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio % for the annual that ended in Dec. 2020 was 14.30% , which is higher than 11.80% for the pervious year ended in Dec. 2019.

The historical rank and industry rank for Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:


Discover Financial Services Capital Adequacy Tier - Tier 1 Ratio % Historical Data

The historical data trend for Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio % 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.

* Premium members only.

Discover Financial Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Capital Adequacy Tier - Tier 1 Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

Discover Financial ServicesQuarterly Data
Trend Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Capital Adequacy Tier - Tier 1 Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

Competitive Comparison

For the Credit Services subindustry, Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Discover Financial Services  (NYSE:DFS) Capital Adequacy Tier - Tier 1 Ratio % Calculation

Capital Adequacy Tier - Tier 1 Ratio % is calculated as

Capital Adequacy Tier - Tier 1 Ratio %=Tier 1 Capital / Total Risk Weighted Assets

* 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.


Discover Financial Services  (NYSE:DFS) Capital Adequacy Tier - Tier 1 Ratio % Explanation

Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).

The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.


Discover Financial Services Capital Adequacy Tier - Tier 1 Ratio % Related Terms

Thank you for viewing the detailed overview of Discover Financial Services's Capital Adequacy Tier - Tier 1 Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Discover Financial Services Business Description

Discover Financial Services logo
Industry
Financial Services » Credit Services NAICS : 522210 SIC : 6141
Address
2500 Lake Cook Road, Riverwoods, IL, USA, 60015
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.
Executives
Greene John officer: EVP & Chief Financial Officer 51 LIME STREET LONDON X0 EC3M 7DQ
Walcott Wanjiku Juanita officer: EVP, Chief Legal Officer & GC 2500 LAKE COOK ROAD RIVERWOODS IL 60015
Bush Mary K director 3509 WOODBINE STREET CHEVY CHASE MD 20815
Thierer Mark director DENTSPLY SIRONA INC 221 W PHILADELPHIA ST, STE 60W YORK PA 17401-2991
Wong Jennifer L. director C/O TIME INC. 225 LIBERTY STREET NEW YORK NY 10281
Case Gregory C director C/O AON CORPORATE LAW DEPT 200 EAST RANDOLPH ST, 8TH FL CHICAGO IL 60601
Maheras Thomas G director C/O CITIGROUP INC. 425 PARK AVENUE 2ND FLOOR NEW YORK NY 10043
Duncan Candace H director 2500 LAKE COOK ROAD RIVERWOODS IL 60015
Aronin Jeffrey S director 1515 WEST 22ND STREET SUITE 1210 OAK BROOK IL 60523
Moskow Michael H director 444 WEST LAKE STREET, STE. 4700 CHICAGO IL 60606
Glassman Cynthia A director 2500 LAKE COOK ROAD RIVERWOODS IL 60015
Eazor Joseph F director 1170 PEACHTREE STREET, SUITE 900 ATLANTA GA 30309
Hochschild Roger C director, officer: CEO and President 2500 LAKE COOK ROAD RIVERWOODS IL 60015
Eichfeld Robert Andrew officer: EVP - Chief HR & Admin Officer 2500 LAKE COOK ROAD RIVERWOODS IL 60015
Arooni Amir S officer: EVP, Chief Information Officer 2500 LAKE COOK ROAD RIVERWOODS RIVERWOODS IL 60015

Discover Financial Services Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)