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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Discover Financial Services quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
- Discover Financial Services Interest Expense for the quarter ending June 30, 2024 was $1.45B, a 30% increase year-over-year.
- Discover Financial Services Interest Expense for the twelve months ending June 30, 2024 was $5.6B, a 66.5% increase year-over-year.
- Discover Financial Services annual Interest Expense for 2023 was $4.75B, a 154% increase from 2022.
- Discover Financial Services annual Interest Expense for 2022 was $1.87B, a 64.5% increase from 2021.
- Discover Financial Services annual Interest Expense for 2021 was $1.13B, a 39.2% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)