Capital One Financial Corporation (COF)
| Market Cap | 54.61B |
| Revenue (ttm) | 26.36B |
| Net Income (ttm) | 4.58B |
| Shares Out | 382.10M |
| EPS (ttm) | 11.95 |
| PE Ratio | 11.96 |
| Forward PE | 10.17 |
| Dividend | $2.40 (1.68%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 2,427,111 |
| Open | 142.26 |
| Previous Close | 141.63 |
| Day's Range | 142.26 - 145.19 |
| 52-Week Range | 83.93 - 149.28 |
| Beta | 1.47 |
| Analysts | Hold |
| Price Target | 138.60 (-3.02%) |
| Earnings Date | Apr 25, 2024 |
About COF
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company accepts checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, and time deposits. Its loan products include credit card loans; auto and retail banking lo... [Read more]
Financial Performance
In 2023, COF's revenue was $26.36 billion, a decrease of -7.19% compared to the previous year's $28.40 billion. Earnings were $4.58 billion, a decrease of -34.95%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for COF stock is "Hold." The 12-month stock price forecast is $138.6, which is a decrease of -3.02% from the latest price.
News
Capital One Stock Gained 44% In The Last 6 Months, What's Next?
Capital One's stock (NYSE: COF) has gained 7% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, at its current price of $141 per share, the stock is trading 3% below its fai...
Capital One May Appeal Ruling on Walmart Credit Card Partnership
A federal judge ruled Tuesday (March 26) that Walmart can end its credit card partnership with Capital One early because the bank did not provide the level of service required by the companies' 2018 a...
Walmart can end Capital One credit card partnership early, US judge rules
A federal judge ruled on Tuesday that Walmart can end its credit card partnership with Capital One early because the bank failed to provide the required level of customer service.
New bank-merger regulations could be undone if Biden loses in November
A freshened-up review process for bank mergers, proposed by federal regulators, may only go into effect if President Joe Biden is re-elected in November, analysts said Friday.
Capital One Financial Corporation to Webcast Conference Call on First Quarter 2024 Earnings
MCLEAN, Va. , March 21, 2024 /PRNewswire/ -- On Thursday, April 25, 2024, at approximately 4:05 p.m.
Capital One to Regulators: Discover Deal Will Increase Competition
Capital One says its planned $35.3 billion purchase of Discover will boost competition. That's according to a report Thursday (March 21) by Reuters, citing information shared by a source who had seen ...
A Capital One - Discover Merger Could Raise Card Interest Rates
190 million Americans have a credit card, and in 2022, 91 million of those cardholders paid interest on a revolving balance.
Here's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles Schwab
Mike Nicolas, Oakmark Funds portfolio manager, joins 'Money Movers' to discuss how Oakmark views the financials sector, how much of the financials strength is due to capital markets, and the deal betw...
Capital One and Discover merger ‘dangerous', consumer groups tell Fed
Coalition of advocacy groups warn that deal would ‘further concentrate risk' in the financial system and ‘must be stopped'
Capital One defeats cardholders' lawsuit over foreign exchange charges
A federal judge in Virginia on Monday dismissed a lawsuit accusing Capital One of overcharging credit and debit card customers on transactions made in foreign currencies.
Suni Harford to Join the Capital One Board of Directors
Harford Brings Extensive Banking and Risk Management Experience to the Capital One Board MCLEAN, Va. , Feb. 29, 2024 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF), today announced that...
How Discover's Network Helps Capital One Take On Card and Banking Giants
Becoming the next Visa or Mastercard is a tall order, but isn't necessary for Discover's network to pay off.
Capital One-Discover Is About Finding the Future, Not Dominating the Present
““No matter your business, you cannot stay still for any length of time or your competitors will scratch and claw all over you.” Those are the words of Home Depot co-founder Arthur Blank.
Jamie Dimon on Capital One's $35.3 billion Discover acquisition: ‘Let them compete'
JPMorgan CEO Jamie Dimon joins 'Halftime' to discuss his outlook for the proposed Capital One and Discover merger.
Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete'
Dimon acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation's biggest credit-card lender.
Bank branches are not going away even if consumers mostly use apps
Banks may have cut back on some of their branches, but maintaining a retail presence remains a priority even in the age of the smartphone.
Capital One's purchase of Discover faces political and regulatory hurdles
Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.
Capital One's purchase of Discovery faces political and regulatory hurdles
Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.
Capital One-Discover merger deal termination fee set at $1.38 bln
Discover Financial Services or Capital One Financial will pay a termination fee of $1.38 billion if the merger of the firms falls through under any circumstance, a regulatory filing showed on Thursday...
Capital One's acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal
Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.
Capital One Should Not Rush To Acquire Discover
This week's announcement that Capital One COF plans to acquire Discover caused much debate about what this potential union could mean for consumers. This is a very important issue that needs to be exp...
Why Capital One's $35 Billion Discover Takeover Will Be A Profit Game Changer
If Capital One's COF $35 billion bid to acquire Discover Financial Services DFS makes it through regulatory scrutiny, the deal promises to mint a new top credit card lender in the U.S. – and deliver h...
Regulators keep blocking mergers, but here's why Capital One and Discover could get a pass
When Capital One announced Monday evening that it would be acquiring Discover for $35.3 billion, the question that came immediately to mind was, “Will regulators allow this to go through?”
How U.S. regulators could block Capital One-Discover merger
Capital One Financial (COF) has announced a $35 billion all-stock deal to acquire Discover Financial Services (DFS) while keeping the Discover brand. There have been calls for US regulators to step in...
Congresswoman Maxine Waters 'deeply opposed' to Capital One-Discover deal
Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply opposed" to Capital One Financial's $35.3 billion planned acquisition of Discover Financial and called on banking regulators to b...