First-Quarter Discover Card

First-Quarter Discover Card U.S. Loans and Yield Remain Vibrant

First-quarter Discover card continues to plug forward with solid metrics on all fronts except charge-offs. Discounting the seasonality of the first-quarter (1Q/19), Discover (DFS) reported high single figure gains in purchase dollar volume (PDV), U.S. credit card outstandings and PULSE transaction dollar volume. DFS total revenue rose 7.3% YOY to $2763 million, compared to $2807…