Discover Financial Services (WBO:DFS) Efficiency Overhead Ratio % : 0.00% (As of . 20)

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What is Discover Financial Services Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for Discover Financial Services's Efficiency Overhead Ratio % or its related term are showing as below:

WBO:DFS's Efficiency Overhead Ratio % is not ranked ^*
in the Credit Services industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Discover Financial Services Efficiency Overhead Ratio % Historical Data

The historical data trend for Discover Financial Services's Efficiency Overhead Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Discover Financial Services Efficiency Overhead Ratio % Chart

Discover Financial Services (WBO:DFS) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

Discover Financial Services (WBO:DFS) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

Discover Financial Services Efficiency Overhead Ratio % Related Terms

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Discover Financial Services (WBO:DFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (WBO:DFS) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

DFS:USA DC7:Germany DC7:Germany

Address

2500 Lake Cook Road, Riverwoods, IL, USA, 60015

Website

https://www.discover.com

Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.