Discover Financial Services reported first-quarter 2025 net income of $1.1 billion, or $4.25 per diluted share, surpassing analyst estimates of $3.39 per share. The company's revenue reached $4.25 billion, beating expectations of $4.22 billion and marking a 0.97% year-over-year increase. Net interest income was $3.56 billion, slightly above the estimated $3.53 billion, with a net interest margin of 12.2%, higher than the anticipated 11.5%. The provision for credit losses stood at $1.2 billion, below the estimated $1.42 billion, while net charge-offs were $1.46 billion, slightly better than the $1.52 billion forecast. Digital Banking pretax income rose by $316 million from the prior year to $1.4 billion, reflecting lower credit loss provisions and increased income. Other financial firms also reported earnings beats, including First American Financial with adjusted EPS of $0.84 and sales of $1.60 billion, Fiserv with adjusted EPS of $2.14 and sales of $5.13 billion, and Federated Hermes with adjusted EPS of $1.10 and sales of $423.54 million. FirstService reported adjusted EPS of $0.92, beating estimates, but missed sales expectations with $1.25 billion.