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Discover Financial Services Business Reports

Discover Financial Services Overview

Address

2500 Lake Cook Rd. Riverwoods, 
IL 60015 United States
Phone: 224-405-0900
Fax:224-405-4993
Toll Free:800-347-2683

Discover Financial Services Rankings

#291 in FORTUNE 500 (May 2011) 
#S&P 500 
#291 in FORTUNE 1000 (May 2011)

Company Description

Seems cardholders aren't the only ones getting paid to discover. Discover Financial Services is best known for issuing Discover-brand credit cards, which are used by more than 25 million members. The company's cards, which include several levels of business and consumer accounts, repay cardholders a percentage of the purchase price each time they use their cards. Discover also licenses Diners Club credit cards, which are accepted in more than 185 countries. But there's more to this business than just plastic. The company also offers direct banking services, issues student and personal loans, and runs the PULSE Network ATM system.

Discover Financial Services Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up tp speed on a company's history.
  • Key People

    Uncover the roles and responsiblities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Banks & Credit Unions Industry Report

Banks & Credit Unions Industry Report

Purchase Report
 
$129

Overview

The US banking industry includes about 6,400 commercial banks, 1,100 savings banks, and 7,200 credit unions with combined annual revenue of about $700 billion. Major companies include Bank of America, Citibank, JPMorgan Chase, Wells Fargo, and Navy Federal Credit Union. The industry is concentrated: the 50 largest firms generate 70 percent of revenue. Commercial banks account for about 80 percent of industry revenue; savings banks, 15 percent; and credit unions, 5 percent.

SIC: 6035, 6021, 6019, 6061, 6099, 6091

NAICS: 522120, 522110, 522130, 523991, 522390, 522320

 

Sample Questions & Answers

How will the financial reform law of 2010 impact the bank's operations?

The financial reform law passed in 2010 expands federal regulation of the banking industry; it also increases monitoring of economic risks, sets standards for derivative trading, and abolishes the Office of Thrift Supervision. Critics of the new law...

 

What changes does the bank expect in interest rates in the next year?

Because many banks make money mainly by lending funds at higher interest rates than they have to pay to acquire funds, their profits are sensitive to changes in interest rates. When the cost of funds rises, bankers may be unable to increase the...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunies

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planing.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Banks & Credit Unions Industry Report

    Purchase Report
     
    $129

    Discover Financial Services  Overview

    Top 3 Competitiors

    Company: Ally Financial Inc.
    Location: Detroit, MI

    Company: American Express Company
    Location: New York, NY

    Company: Bank of America Corporation
    Location: Charlotte, NC

    Industries where Discover Financial Services Competes

    Credit Cards
    Read More

    Automated Teller Machine Operators
    Read More

    Financial Services
    Read More

    Lending
    Read More

    Banks & Credit Unions
    Read More

    Competitive Landscape Brief

    Demand is driven by consumer and business requirements for information. The profitability of individual companies depends on efficient operations and good marketing. Big ISPs have economies of scale in operations, purchasing, and marketing. Small companies can compete successfully by operating in underserved markets or excelling in customer service.

    Discover Financial Services Competitive Landscape

    Purchase Report
     
    $69

    Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

     

    Sections Included in Report

    • Key Numbers
    • Profitability
    • Valuation
    • Operations
    • Financial Ratios
    • Per Share Data ($)
    • Growth Statistics
    • *Data provided for 3 to 30 competitors

      Company Landscape Report Highlights

      • Competitors List

        Identify specific primary and secondary competitors, allowing you evaluate the chances of sucessfully introducing new products.
      • Competive Landscape

        Acess detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

      Competitive Landscape Report

      Purchase Report
       
      $69

      Discover Financial Services Overview

      Address

      2500 Lake Cook Rd. Riverwoods, 
      IL 60015 United States
      Phone: 224-405-0900
      Fax:224-405-4993
      Toll Free:800-347-2683

      Discover Financial Services Rankings

      #291 in FORTUNE 500 (May 2011) 
      #S&P 500 
      #291 in FORTUNE 1000 (May 2011)

      Company Description

      Seems cardholders aren't the only ones getting paid to discover. Discover Financial Services is best known for issuing Discover-brand credit cards, which are used by more than 25 million members. The company's cards, which include several levels of business and consumer accounts, repay cardholders a percentage of the purchase price each time they use their cards. Discover also licenses Diners Club credit cards, which are accepted in more than 185 countries. But there's more to this business than just plastic. The company also offers direct banking services, issues student and personal loans, and runs the PULSE Network ATM system.

      Discover Financial Services Spotlight on IT

      Purchase Report
       
      $300

      Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

       

      Sections Included in Report

      • Company Overview
      • IT Strategy
      • IT Highlights
      • IT Executives
      • IT Contacts
      • Recent News and Activity
      • Conversation Starters
      • Industry Data
      • Major Subsidiaries and Locations

        Information Technology Report Highlights

        • Company Overview

          Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
        • IT Highlights

          Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
        • IT Contacts

          Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't wast time talking to the wrong contact.
        • Conversation Starters

          Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparatiion question (with answers).
        • Major Subsidiaries & Locations

          Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • IT Strategy

          Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
        • IT Executives

          Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
        • Recent News & Activity

          Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
        • Industry Data

          Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.