May 14, 2019 / 07:45AM GMT
Mark C. DeVries - Barclays Bank PLC, Research Division - Director & Senior Research Analyst
Good morning, and thank you for joining us. We're going to be doing a fireside chat this morning. I'm very pleased to have Mark Graf, the CFO of Discover Financial. With the format, I'll probably ask about 20, 25 minutes of prepared questions and then open it up to the audience for any questions you may have.
Questions and Answers:
Mark C. DeVries - Barclays Bank PLC, Research Division - Director & Senior Research AnalystSo Mark, first wanted to start with some color on recent credit performance. You've had 6 consecutive quarters of decelerating year-over-year increases in card charge-offs, the year-over-year increase in delinquencies have also slowed to about 12 basis points last quarter. How much longer can we expect those improving trends to continue?
R. Mark Graf - Discover Financial Services - Executive VP & CFO
So it's awful hard to forecast credit specifically, as you know. What I would say is the