Company:  DISCOVER FINANCIAL SERVIC ... (DFS)
Form Type:  424B2
Filing Date:  6/18/2020 
CIK:  0001393612 
Address:  2500 LAKE COOK ROAD 
City, State, Zip:  RIVERWOODS, Illinois 60015 
Telephone:  224-405-0900 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$55.02  
Change: 
-4.01 (-6.79%)  
Trade Time: 
Sep 21  
Market Cap: 
$16.86B
Trade DFS now with 

© 2020  
Description of Business
Discover Financial Services (the "Company") is a direct banking and payment services company. We were incorporated in Delaware in 1960. We are a bank holding company under the Bank Holding Company Act of 1956 as well as a financial holding company under the Gramm-Leach-Bliley Act and therefore are subject to oversight, regulation and examination by the Board of Governors of the Federal Reserve System (the "Federal Reserve"). We provide direct banking products and services and payment services through our subsidiaries. We offer our customers credit card loans, private student loans, personal loans, home equity loans and deposit products. We had $95.9 billion in loan receivables and $54.4 billion in deposits issued through direct-to-consumer channels and affinity relationships at December 31, 2019. We also operate the Discover Network, the PULSE network ("PULSE") and Diners Club International ("Diners Club"), collectively known as the Discover Global Network.
Register and access this filing in:     
  FORM 424B2
    TABLE OF CONTENTS
    ABOUT THIS PROSPECTUS SUPPLEMENT
    Transfer Agent & Registrar Computershare Trust Company, N.A.
    RISK FACTORS
    USE OF PROCEEDS
    DESCRIPTION OF PREFERRED STOCK
    DESCRIPTION OF DEPOSITARY SHARES
    UNITED STATES FEDERAL INCOME TAX CONSEQUENCES
    UNDERWRITING
    VALIDITY OF THE PREFERRED STOCK AND DEPOSITARY SHARES
    EXPERTS
    WHERE YOU CAN FIND MORE INFORMATION
      DOCUMENTS INCORPORATED BY REFERENCE
    RISK FACTORS
    SPECIAL NOTES CONCERNING FORWARD-LOOKING STATEMENTS
    USE OF PROCEEDS
    RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
    GENERAL DESCRIPTION OF SECURITIES
    DESCRIPTION OF DEBT SECURITIES
    DESCRIPTION OF CAPITAL STOCK
    DESCRIPTION OF DEPOSITARY SHARES
    DESCRIPTION OF WARRANTS
    DESCRIPTION OF STOCK PURCHASE CONTRACTS AND STOCK PURCHASE UNITS
    PLAN OF DISTRIBUTION
      Indemnification
    LEGAL MATTERS