Discover Financial Services (DFS) earned $621 million for its third quarter ended Aug. 31, up 3% from the same period a year earlier, the company said Thursday.

The Riverwoods, Ill.-based credit card issuer said expenses related to a recent settlement with regulators over its credit card practices offset improved performance in its business.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.