CAPITAL ONE FINANCIAL CORP (COF)

Capital One Profit Misses Estimates as Loan Write-Offs Climb

Capital One Financial Corp. posted a first-quarter profit that missed Wall Street estimates as soured credit-card loans increased.

Capital One Reports First Quarter 2024 Net Income of $1.3 billion, or $3.13 per share

/PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2024 of $1.3 billion, or $3.13 per diluted...

Capital One Financial Corp's Preferred Stock Series J Yield Pushes Past 6.5%

Discover rebuffed Capital One multiple times before agreeing to merger

High Rates, Loan Growth to Aid Capital One (COF) in Q1 Earnings

Capital One's (COF) interest income is expected to have improved in the first quarter of 2024 on higher interest rates and decent loan growth.

Wondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Thursday.

Stay informed about the performance of the S&P500 index one hour before the close of the markets on Thursday. Uncover the top gainers and losers in today's session for valuable insights.

Noteworthy Thursday Option Activity: COF, ELV, AZO

Mystics will host Caitlin Clark's Indiana Fever at Capital One Arena. Here's how to get tickets.

Get insights into the S&P500 index performance on Thursday. Explore the top gainers and losers within the S&P500 index in today's session.

Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.

Capital One (COF) Reports Next Week: Wall Street Expects Earnings Growth

Capital One (COF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Discover Financial Profit Dives 68% as Compliance Costs Bite

(Bloomberg) -- Discover Financial Services, the lender that agreed to be acquired by Capital One Financial Corp. in the year’s biggest announced deal, posted a sharp drop in first-quarter profit as it worked to address compliance and risk-management deficiencies.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsBankers Hit With Millions

Discover Financial's profit falls on higher loan loss provisions

Discover Financial Services on Wednesday reported a 68% drop in first-quarter profit, as the lender set aside more in rainy-day funds to cover for potential credit losses amid an uncertain economy. U.S. banks have increased their provisions for losses from bad loans as higher interest rates heighten the risk of default on mortgages and credit card debt by consumers. Discover's provision for credit losses jumped to $1.5 billion in the quarter ended March 31, from $1.1 billion in the year-ago period.

Nikita Steals: Pioneering Leadership in Global Corporate Landscape

Discover Financial Profit Plunges 68% as Compliance Costs Bite

Discover Financial Services, the lender that agreed to be acquired by Capital One Financial Corp. in the year’s biggest announced deal, posted a decline in first-quarter profit as it worked to address compliance and risk-management deficiencies.

Author Ethan Mollick on 4 Rules for Using AI

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Capital One Financial's Preferred Stock, Series I Shares Cross 6.5% Yield Mark

1 Stock That Turned $1,000 Into Nearly $2 Million

By constantly innovating and expanding into new areas, this dominant company has made its early investors rich.

What Does the Capital One/Discover Merger Mean for Small Businesses?

Capital One buying Discover, and the new Visa and Mastercard legal agreement on swipe fees, could bring changes to credit cards for small businesses. See how.

Capital One Financial's Preferred Stock Series L Shares Cross 6.5% Yield Mark

Interesting COF Put And Call Options For May 31st

Now Arriving at an Airport Lounge Near You: Peloton Bikes, Nap Pods and Caviar Service

In recent months, a handful of exclusive credit card lounges have opened in airports in the United States. More are coming this year.

2 Credit Card Stocks to Buy and 1 to Sell: April 2024

The high interest rate environment helps bolster credit card stocks bottom line but also exposes them to high delinquency rate risk.

Peapack Private Announces New York City Expansion

“We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.  “Our expansion last summer has been well-received.  The additional investment we are making today by hiring Andrew and multiple teams of commercial and private bankers capitalizes on the momentum we’ve achieved to date.”

Capital One Quicksilver Student Cash Rewards Credit Card: Great for College Students Traveling Abroad

In addition to high flat-rate rewards and credit tools, this card comes with significant travel perks.

This Fintech Was Just Valued at $65 Billion. Could It Become 1 of 2024's Largest IPOs?

As market conditions improve, more companies are exploring going public. Here's one fintech investors should keep on their radar.