Discover Financial's Profit Rises 30%
This is a news story, published by Yahoo Finance, that relates primarily to Discover Financial news.
banking & finance news
For more banking & finance news, you can click here:
more banking & finance newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
credit losses. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Discover news, Interest rates news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
credit card debtReuters
•Business
Business & Economics
Discover Financial profit jumps on lower loss provision and higher interest income

79% Informative
Discover Financial reported a 30% rise in first-quarter profit on Wednesday .
Provisions for credit losses fell 17% to $1.24 billion in the quarter ended March 31 .
Interest rates on credit card debt are significantly higher than those on mortgages and other loans.
The company reported net interest income of $3.56 billion for the first quarter .
VR Score
91
Informative language
99
Neutral language
42
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links