- Total loans grew $3.1 billion, or 5%, from the prior year to $62.7 billion.
- Credit card loans grew $1.9 billion, or 4%, to $50.4 billion and Discover card sales volume increased 3% from the prior year.
- Credit card net charge-offs reached historic lows with a net charge-off rate of 2.05%. Credit card loan delinquencies over 30 days past due increased 9 basis points from the prior quarter to 1.67%.
- Payment Services pretax income was down $20 million from the prior year to $28 million.
Discover Financial Services Reports Third Quarter Net Income Of $593 Million Or $1.20 Per Diluted Share
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