** charts before earnings **
** after earnings **
Discover Financial Services said its fiscal second-quarter profit fell 11% after accounting for rising loan-loss provisions. Total loans rose 8.6% from the prior year to $57.06 billion. Credit card loans grew 3.7% to $46.61 billion. Provision for loan losses was $232 million, up from $176 million a year ago and $152 million in the prior quarter.
No comments:
Post a Comment