| Discover Financial Services is a bank holding and a financial holding company. Co. provides digital banking products and services and payment services through its subsidiaries. Co.'s Digital Banking segment includes Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans and other consumer lending and deposit products. Co.'s Payment Services segment includes the PULSE network, an automated teller machine, debit and electronic funds transfer network; Diners Club International, a global payments network; and Co.'s Network Partners business. We show 47 historical shares outstanding datapoints in our DFS shares outstanding history coverage, used to compute DFS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DFS market cap history over the course of time is important for investors
interested in comparing DFS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DFS versus a peer is one thing; comparing
DFS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DFS can fluctuate over the course of history.
With this page we aim to empower investors researching DFS by allowing them to research the DFS market cap history.