“So we continue to expect that we'll achieve the synergies that we estimated when we announced the deal based on the integration budget that we estimated at the announcement.”

How to check this claim

Look at: Merger-related cost synergies achieved from the Discover acquisition, cumulative amount realized

It came true if: Cumulative synergies realized >= originally estimated synergy target announced at deal announcement, achieved within the integration timeline (by original estimated budget)

Where: Management commentary on earnings calls / investor presentations disclosing synergy realization progress (COF quarterly earnings calls, 10-K/10-Q disclosures)

Verify independently

SEC filings for COF ↗ · Claim quote is verbatim from the 2025Q1 earnings call.