Discover Financial Services (NYSE: DFS) direct banking and payment services provider said it has signed an agreement in principle with the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau for providing $200 million in repays to cardholders who credited certain credit-protection products over the phone.
During the trade of after hours Company’s shares surged 15 cents to $38.77
Company also offered a quarterly dividend of $0.10 per share of common stock, which is payable on October 18, 2012.
Discover Financial Services (NYSE:DFS) trade with volume of 5.19million shares in last session was unexpectedly higher versus average trading capacity of 3.57 million shares. The stock at opening bell was at $38.31 gained the maximum price level of $38.98 and then finished the day at $38.62 by scoring +1.21%.
DFS remained successful in generating revenue of 6.52 billion in the trailing twelve months and made net income of $2.30 billion. The Company maintained a positive +31.96% for the net profit margin and in its operating margin it had 51.41%. Company’s yearly revenue increase for the last five year was 23.49%.
The DFS painted price to sales ratio of 3.05 and price to cash ratio at 3.89 for past 12 months. As far as the returns from the company is concern, return on asset remained as 3.44%.
The stock showed downbeat performance of -1.76% for the week which for the last 21 trading days was maintained at +0.49%. Likewise the positive performance for the trailing 3 months was recorded as +15.25% and in last 252 trading days which equals to a year was +54.91% while the performance so far in current year remained at +61.86%.
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