Discover Bank, Financial Information

About Discover Bank

 Address:
502 E Market St
Greenwood, DE
Sussex County, Delaware
 Established:
Aug 1911
 Number of domestic offices:
3
Total assets$111,336M
Net income$1,149M
Net income, quarterly$836M
Total deposits$79,655M
Domestic deposits$79,655M
Equity capital$10,188M
ROA1.01%
ROAQ, quarterly2.86%
ROA, pretax2.86%
ROAQ, quarterly, pretax3.64%
ROE11.72%
ROEQ, quarterly33.89%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Discover Bank banking business includes Discover-card branded credit cards, home loans, private student loans, personal loans, home equity loans, checking and savings accounts, certificates of deposit and money market accounts.

Discover Home Loans provide customers simpler, easier, and more rewarding home financing. With competitive rates and fees, dedicated mortgage bankers, and access to online tools and resources, Discover Home Loans delivers key benefits to consumers whether they are refinancing or buying a home for the first time.

Discover operates PULSE, one of the nation’s leading ATM/debit networks, Diners Club International, a global payments network and the Discover Network, which includes credit, debit and prepaid cards issued by third parties.