Segment Disclosures (Tables)

3 Months Ended

Mar. 31, 2025

The following table presents segment data (dollars in millions):


	Digital Banking		Payment Services		Total















































For the Three Months Ended March 31, 2025
Interest income
Credit card loans	$	3,979	$	—	$	3,979

Personal loans	352		—		352
Home loans	153		—		153
Other loans	1		—		1
Other interest income	316		—		316
Total interest income	4,801		—		4,801
Interest expense	1,243		—		1,243
Net interest income	3,558		—		3,558
Provision for credit losses	1,244		—		1,244
Other income	556		137		693
Other expense
Employee compensation and benefits	713		22		735
Marketing and business development	245		1		246
Information processing and communications	173		7		180
Professional fees	281		8		289
Premises and equipment	23		1		24
Other expense	82		7		89
Total other expense(1)	1,517		46		1,563
Income before income taxes	$	1,353	$	91	$	1,444

For the Three Months Ended March 31, 2024
Interest income
Credit card loans	$	3,938	$	—	$	3,938
Private student loans	264		—		264
Personal loans	333		—		333
Home loans	114		—		114
Other loans	1		—		1
Other interest income	298		—		298
Total interest income	4,948		—		4,948
Interest expense	1,461		—		1,461
Net interest income	3,487		—		3,487
Provision for credit losses	1,497		—		1,497
Other income	541		132		673
Other expense
Employee compensation and benefits	651		20		671
Marketing and business development	247		3		250
Information processing and communications	157		6		163
Professional fees	280		12		292
Premises and equipment	19		1		20
Other expense	140		8		148
Total other expense(1)	1,494		50		1,544
Income before income taxes	$	1,037	$	82	$	1,119

(1)Financial information provided to the CODM for the Digital Banking segment included total direct expenses of $672 million and $649 million and total allocated expenses of $845 million and $845 million for the three months ended March 31, 2025 and 2024, respectively. For the Payment Services segment, that information included $30 million and $31 million in total direct expenses and $16 million and $19 million in total allocated expenses for the three months ended March 31, 2025 and 2024, respectively.

Discover Financial Services 10-Q