Credit Card Growth Continues To Benefit Discover Financial Stock (NYSE:DFS)

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Back in the Summer of 2016, I wrote an article analyzing Discover Financial Services (NYSE:DFS) and Synchrony Financial (SYF). The context was looking for safe financials during uncertainty surrounding the Brexit. My conclusion was

Cash & Equivalents $9.19 billion
Loan Receivables $122.7 billion
Total Assets $143.4 billion
Interest-Bearing Deposits $104 billion
Long-Term Borrowings $19.4 billion
Total Liabilities $129.2 billion
Shareholder Equity $14.2 billion
Debt/Equity 9.1
Price/Book 1.9

2020 2021 2022 2023 (9 mo)
Income from C.C. Interest $8.9 billion $8.7 billion $10.6 billion $10.5 billion
Total Interest Income $11.1 billion $10.6 billion $12.8 billion $13 billion
Net Interest Income $9.2 billion $9.5 billion $11 billion $9.6 billion
diluted EPS $3.60 $17.83 $15.50 $9.69

2020 2021 2022 2023 (9 mo)
Net Cash Operations $1.1 billion $5.4 billion $4.4 billion $4.1 billion
Net Cash Investing $1.5 billion $40 million ($25.6 billion) ($14.7 billion)
Net Cash Finance ($1.1 billion) ($8.3 billion) $16.1 billion $9.3 billion

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