Capital One Financial Corporation (COF)
| Market Cap | 54.02B |
| Revenue (ttm) | 26.97B |
| Net Income (ttm) | 4.90B |
| Shares Out | 381.92M |
| EPS (ttm) | 12.77 |
| PE Ratio | 11.05 |
| Forward PE | 9.54 |
| Dividend | $2.40 (1.70%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 2,036,380 |
| Open | 144.40 |
| Previous Close | 144.35 |
| Day's Range | 140.41 - 144.97 |
| 52-Week Range | 88.23 - 149.94 |
| Beta | 1.46 |
| Analysts | Hold |
| Price Target | 140.21 (-0.6%) |
| 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 19 analysts, the average rating for COF stock is "Hold." The 12-month stock price forecast is $140.21, which is a decrease of -0.60% from the latest price.
News
US banking regulators announce July 19 public meeting on Capital One-Discover deal
A pair of U.S. banking regulators announced on Tuesday they would be hosting a public meeting on July 19 to solicit input on the proposed acquisition of Discover Financial Services by Capital One Fina...
DISCOVER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Discover Financial Services - DFS
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financi...
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
The credit card regulation is part of President Joe Biden's broader election-year war against what he deems junk fees.
Capital One Announces Quarterly Dividend
Company also declares preferred stock dividend MCLEAN, Va. , May 2, 2024 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.60 per common share ...
As Card Charge-Offs Grow, Capital One Champions ‘Singular Opportunity' of Discover Deal
Capital One's first quarter results showed consumers continue to spend on their cards — and management touted the benefits of the proposed $35 billion buyout of Discover Financial Services. Purchase v...
Capital One's first-quarter profit jumps on interest income boost
Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates.
Capital One Reports First Quarter 2024 Net Income of $1.3 billion, or $3.13 per share
Net of adjusting items, First Quarter 2024 Net Income of $3.21 per share(1) MCLEAN, Va. , April 25, 2024 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for th...
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn't a signal that the deal will be spiked for being anti-competit...
U.S. bank regulators extend comment period on Capital One-Discover deal
U.S. bank regulators announced Wednesday they were extending the comment period on Capital One's bid to acquire Discover Financial to allow more time for feedback.
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.