Discover Card Trusts File 2024 10-K
| Field | Detail |
|---|---|
| Company | Discover Card Execution Note Trust |
| Form Type | 10-K |
| Filed Date | Mar 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, asset-backed-securities, credit-card
TL;DR
Discover's credit card trusts filed their 2024 10-K. All good.
AI Summary
Discover Card Execution Note Trust filed its 2024 10-K on March 21, 2025, reporting on its asset-backed securities business. The filing covers Discover Funding LLC and Discover Card Master Trust I, both incorporated in Delaware. The primary business address for these entities is 800 Prides Crossing, Suite 100, Newark, DE 19713.
Why It Matters
This filing provides crucial financial and operational details for investors and analysts tracking Discover's securitized credit card assets.
Risk Assessment
Risk Level: low — This filing is a routine annual report for asset-backed securities trusts and does not indicate immediate financial distress.
Key Numbers
- 1231 — Fiscal Year End (Indicates the period covered by the report.)
- 20250321 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- Discover Card Execution Note Trust (company) — Filer of the 10-K
- Discover Funding LLC (company) — Related entity
- Discover Card Master Trust I (company) — Related entity
- 20241231 (date) — Fiscal year end
- 20250321 (date) — Filing date
- 800 Prides Crossing, Suite 100, Newark, DE 19713 (location) — Business address
FAQ
What is the primary business of Discover Card Execution Note Trust?
The primary business is asset-backed securities, specifically related to credit card assets, as indicated by the SIC code [6189] and filing details.
When did the fiscal year covered by this 10-K filing end?
The fiscal year end for Discover Card Execution Note Trust, Discover Funding LLC, and Discover Card Master Trust I was December 31, 2024 (20241231).
What is the main address associated with these Discover entities?
The business and mail address for these entities is C/O Discover Bank, 800 Prides Crossing, Suite 100, Newark, DE 19713.
Which SEC Act governs this filing?
This filing is made under the Securities Exchange Act of 1934 (1934 Act).
What is the filing type and accession number?
The filing type is a 10-K, and the accession number is 0001193125-25-059493.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 21, 2025 regarding Discover Card Execution Note Trust.