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Headquartered in Riverwoods, Illinois, Discover Financial Services (DFS) is a leading provider of direct banking and payment services. Valued at $33.29 billion by market cap, Discover is renowned for its credit cards, personal loans, and student loans, alongside a global payments network that includes Discover Network, PULSE, and Diners Club International.
Shares of DFS have significantly outperformed the broader market over the past year. The stock has gained 50.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.7%. Also, in 2024, DFS is up 18.6% compared to SPX’s 18% rise on a YTD basis.