Seeking Alpha

Discover Financial Services (DFS)

  • Sep. 5, 2012, 10:01 AM
    Wells Fargo (WFC) should think about beefing up its relatively meek credit card operation by buying Discover (DFS), suggests Susquehanna. Even a purchase price of $46/share - half cash, half stock - would be accretive to earnings in the first year and Discover's management has indicated it would be open to the right deal.
    | Sep. 5, 2012, 10:01 AM | 1 Comment
Company Description
Discover Financial Services is a direct banking and payment services company. The Company offers credit card loans, private student loans, personal loans, home equity loans and deposit products.
Sector: Financial
Industry: Credit Services
Country: United States