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Discover's August charge-offs, delinquencies flat from July

Sep. 11, 2018 4:44 PM ETDiscover Financial Services (DFS) StockDFSBy: Jason Aycock, SA News Editor
  • Discover Financial Services (NYSE:DFS) says August charge-offs and delinquencies were flat month-to-month in a new filing.
  • Charge-offs were 3.1% for August, vs. the same figure in July (and 3.4% in June).
  • Delinquencies came to 2.2%, the same amount as in July (and in June and May, for that matter).
  • Total card loans were $69.2B, up slightly from July's $68.6B.
  • In market action today, DFS rose 1%; shares are flat after hours.

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